The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 58
Kutcho Copper Corp. Sept. 13 said it expects the feasibility study for its Kutcho copper-zinc project in Northern British Columbia to be completed in October. While this is later than originally planned, the company says the anticipated mine optimizations and improvements will be worth the wait. A 2017 prefeasibility study, completed immediately prior to Kutcho's acquisition of the project, considers the development of a 2,500-metric-ton-per-day operation that would produce...
Newmont Corp. has laid down a US$311 million (C$393 million) cash offer to acquire full ownership of GT Gold Corp. and its Tatogga copper-gold-silver project in the traditional territory of the Tahltan Nation of northwest British Columbia. "We are excited to expand our world-class portfolio to include the Tatogga project in the Tahltan Territory located in the highly sought-after Golden Triangle district of British Columbia, Canada," said Newmont President and CEO Tom Palmer....
From the Coast Mountains in the west to the lower parts of the Yukon's Boreal forest in the north, the Cassiar Mountain range in the east, and the headwaters of the Nass and Skeena Rivers in the south, an ancestral indigenous people known as Tahltans has called Northern British Columbia home for thousands of years. According to a 2003 sourcebook prepared by the Museum of Anthropology entitled "Mehodihi: Well-Known Traditions of Tahltan People," the Tahltan Nation, which...
The ultimate goal for most junior exploration companies is to discover and advance a mineral deposit to the point that it is large and rich enough to attract the attention of a major mining company to swoop in and nab a stake through an investment in the project or even an outright buyout of the junior. Sometimes, if the global market conditions are right and the project shows enough promise, majors will invest in a project long before an economically viable mining project...
Perenti Global Ltd. April 26 announced that its underground mining subsidiary, Barminco, has received a letter of intent from Newcrest Mining Ltd. for the development of a 3,500-meter underground exploration decline at the Red Chris copper-gold project in Northern British Columbia. Owned under a joint venture partnership between Newcrest (70%) and Imperial Metals Corp. (30%), the Red Chris Mine hosts 980 million metric tons of measured and indicated resource averaging 0.41...
Challenged by a global pandemic and a particularly wet summer, many of Northern British Columbia's mineral explorers became adept to adjusting on the fly as they endeavored to unlock the rich precious, base, and battery metals potential of this section of the Pacific Cordillera. With companies like Skeena Resources Ltd. and Ascot Resources Inc. running year-round drill programs as they seek to establish a new era of gold-silver mines at historic operations in the Golden Triang...
With robust support from the investment community, encouragement from Barrick Gold Corp., and a strong working relationship with the Tahltan First Nation, Skeena Resources Ltd. is rapidly advancing towards the reopening of Eskay Creek and Snip – iconic precious metals mines in the heart of British Columbia's Golden Triangle. Both these high-grade gold and silver operations were previously operated by Barrick. Over a 14-year span ending in 2008, an underground mine at Eskay C...
North of 60 Mining News is proud to introduce 20 questions for 2020. Over the course of this series, Mining News will interview mining and political leaders from Alaska, British Columbia, Northwest Territories, Nunavut and Yukon. Each interview will include 20 questions on mining, markets and doing business across Alaska and Canada's North. For the inaugural 20 questions for 2020, Mining News talks with Contango ORE Inc. CEO Rick Van Nieuwenhuyse, a longtime mining executive...
Dolly Varden Silver Corp. said the work it carried out in 2019 has positioned its namesake high-grade silver project in British Columbia for additional growth in 2020. Located at the southern tip of B.C.'s Golden Triangle, the Dolly Varden property covers historic high-grade silver mines that date back to the early 20th century. Much of the company's exploration work has focused on exploring in and around four of these producing mines – Torbrit, Dolly Varden, Wolf and North S...
Kutcho Copper Corp. Sept. 17 announced the start of permitting for its Kutcho copper-zinc project in northern British Columbia. The three deposits that make up the Kutcho project – Main, Esso and Sumac – host 17.26 million metric tons of measured and indicated resources averaging 1.85 percent (703.9 million pounds) copper, 2.72 percent (1.03 billion lb) zinc, 0.49 grams per metric ton (272,000 ounces) gold and 33.9 g/t (18.8 million oz) silver. These measured and ind...
Kutcho Copper Corp. Jan. 20 announced that it has entered into an exploration agreement with Kaska Nation, represented by Dease River First Nation, relating to Kutcho, a high-grade copper-zinc development project roughly 100 kilometers (60 miles) east of Dease Lake in northern British Columbia. This agreement outlines a framework under which Kutcho Copper and Kaska agree to work together in a spirit of partnership and cooperation to build a positive and mutually beneficial...
Novagold Resources Inc. July 27 announced it has closed the deal to sell Newmont Mining Corp. its 50 percent interest in the Galore Creek copper-gold project in northwestern British Columbia for US$275 million. "I'm very pleased that Novagold is receiving fair value for its interest in Galore Creek and believe that Newmont is the right organization to carry forward the track record of excellence that we have achieved with our partners over the years," said Novagold President...
Kutcho Copper Corp. July 4 named Sue Craig as vice president of community and environment, replacing Allison Armstrong who will be moving into an advisory role for the company. As a highly-respected professional geoscientist, Craig has worked in British Columbia and Yukon for more than 25 years on projects from the exploration and development stage to construction, production and mine closure. She successfully led the environmental assessment process for Novagold Resources'...
Kutcho Copper Corp. and Tahltan Central Government April 17 said they have entered into exploration and communication agreements aimed at building a positive and mutually beneficial working relationship on the Kutcho copper project in northwestern British Columbia. About 100 kilometers (62 miles) east of Dease Lake, Kutcho project is an advance staged copper exploration project in Tahltan First Nation traditional territory, which blankets roughly 93,500 square kilometers...
In 1918, the Premier gold mine opened a few miles north of Stewart, a mining town that is the southern gateway to British Columbia's famed Golden Triangle. Over the ensuing 34 years, this underground operation churned out some 2 million ounces of gold and 45 million oz of silver, making it the largest gold producer in North America during that era. A century later, Premier continues to be in play and modern exploration is unveiling the vast mineral potential that northern...
Novagold Resources Inc. Nov. 25 said it is anticipating the environmental impact statement for the Donlin Gold project to be finalized around this time next year. The Donlin Gold Mine being considered in the EIS includes a 53,500-metric-ton-per-day mill that is expected to produce an average of 1.1 million ounces of gold annually for 27 years. During its first five years of operation, this annual average will be closer to 1.5 million oz. Donlin Gold LLC - equally owned by subsidiaries of Novagold Resources Inc. and Barrick...
Tahltan Nation Development Corp., the business arm of the Tahltan Nation, Nov. 22 announced the formation of Tahltech Drilling Services Ltd., the preferred surface and underground drilling company for the Tahltan territory in northwestern British Columbia. This expansion of services offered by TNDC is the result of a partnership with Geotech Drilling Services Ltd., a B.C.-based, multi-discipline surface and underground drilling company. TNDC selects business partners with the...
Imperial Metals Corp. Feb. 6 reported that commissioning is underway at the Red Chris gold-copper mine in northwestern British Columbia. The company Feb. 2 received approvals needed to start up the processing plant at Red Chris and began testing the grinding circuit Feb. 3. Mining in both East and Main zones continues, providing a selection of ore styles for mill optimization. Imperial said it is continuing to work closely with the Tahltan First Nation, whose cooperation has been instrumental in construction of Red Chris....
A design flaw resulting from an inadequate understanding of the glacial lake sediments that formed a portion of the foundation on which the tailings dam at the Mount Polley mine located in south-central British Columbia was built caused the structure to collapse under its own weight, according to engineers tasked with finding out why the dam burst on Aug. 4. Mount Polley is an open pit copper-gold mine with a developing underground project. "The design did not take into...
The nearly operational Red Chris Mine is plugged into the electrical grid, and Imperial Metals Corp. is readying all the components for operations in anticipation of final approvals from the local Tahltan First Nation and Government of British Columbia. By the end of October, the final leg of the power line that connects Red Chris to the affordable and clean power delivered by the 287-kilovolt Northwest Transmission Line was complete. This milestone is allowing Imperial...
Mineral and coal exploration in British Columbia, which peaked at C$680 million in 2012, retreated to roughly C$476 million in 2013. This drop is on par with the roughly 30 percent decrease in exploration expenditures worldwide. The dynamics that led to the decrease - tight capital markets that continue to challenge the ability of junior explorers to raise money, senior miners keeping tight reins on exploration spending and softer gold prices - have remained in play during...
Results from water sampling show that the immediate environmental impacts of an estimated 14.5 million cubic meters of tailings and water released from a facility at Imperial Metals Corp.'s Mount Polley Mine in central British Columbia are isolated primarily to the area immediately below the breached dam. But the extent of the spill's longer term damage to the reputation of the mining sector in B.C. and beyond rests largely on the response of industry and regulators. Leading...
Though still a ways from completely sorting it out, the Government of British Columbia and the province's mining industry have taken long strides recently toward mastering the intricacies of social responsibility, especially in meeting requirements of law and conscience in aboriginal relations. During the past 12 months, the provincial government inked the first-ever mine revenue-sharing agreements with First Nations and BC Hydro successfully negotiated impact agreements with at least five First Nations as part of continuing...
Ottawa's rejection of Taseko Mines Ltd.'s C$1-billion proposal to build a mine at the Prosperity copper-gold project has highlighted the importance of having the support of the local indigenous people when permitting a mine. "In the 21st century, it is extremely difficult, if not impossible, for industrial projects to proceed if local communities and indigenous peoples have deep concerns," said Dan Jepsen, former president and CEO of the Association for Mineral Exploration...
As development of the long-awaited Northwest Transmission Line moves toward construction startup this fall, stakeholders in the C$404 million venture are making deals aimed at maximizing economic and environmental benefits of the project. British Columbia's Ministry of Energy, Mines and Petroleum Resources released details May 28 of agreements between BC Hydro, British Columbia Transmission Corp., Coast Mountain Hydro L.P., a wholly owned subsidiary of AltaGas Income Trust Ltd. and the Tahltan Nation that will help to create...
