North of 60 Mining News - The mining newspaper for Alaska and Canada's North

With a new top executive and financial backing from one of the most respected investors in the mining space, Redstar Gold Corp. is taking a fresh look at Unga, a high-grade gold property that is... — Updated 2/5/2018 Full story

Reuters recently reported that the 10 largest gold-producing companies worldwide have steadily increased their near-mine exploration budgets over the past few years to 56 percent in 2015 from 45... — Updated 2/5/2018

Over the last month the inevitable termination dust has begun to show up across Alaska, bringing with it completion of mineral exploration programs and transition of development and production... — Updated 2/3/2018 Full story

Mineral exploration spending in Alaska hit an apex of US$365 million in 2011, but as venture capital for mining explorers dried these expenditures plummeted 78 percent to US$80 million in 2015. Howe... — Updated 2/3/2018

As tangible buoyancy returns to the mining industry, I began to wonder if any of the multitude of forecasters had actually predicted the recent return of stronger metals prices. Since most... — Updated 2/1/2018

The owners of Alaska’s five large metal mines – Sumitomo Metal Mining Pogo, Hecla Mining Company, Kinross Gold Corp, Teck Resources Ltd. and Coeur Mining Inc. – accounted for nearly half the US$92 m... — Updated 1/28/2018 Full story

Earlier in November, the Alaska Miners Association held its annual convention and trade show in Anchorage and as always, the well-attended convention overlapped with election Tuesday. While the... — Updated 1/26/2018

If you have ever played or followed sporting events, you are probably familiar with that bizarre and often game-changing event known as the "change of momentum". This is when the team that was on... — Updated 1/26/2018 Full story

With metal prices stabilizing, physical stockpiles dwindling and demand again on the rise, things are beginning to look up for the beleagered mining industry. Gold's performance over the past... — Updated 1/26/2018

With winter programs winding down and summer efforts rapidly ramping up, it is becoming clear that 2017 will be a much more vigorous year for the Alaska mining industry than the 2013 to 2016 period.... — Updated 1/16/2018

The year just past was many things for the mining industry, but one of the bright spots came from the Mine Safety and Health Administration, an agency not known for awarding happy faces or gold... — Updated 1/16/2018

As the Alaska mining industry prepares for and kicks off exploration, development and production activities for 2017, the question on everyone’s lips at the recent Cordilleran Roundup mining c... — Updated 1/13/2018

Redstar Gold Corp. Nov. 7 reported the completion of a 1,505-meter drill program at its Unga gold project in Southwest Alaska. Spaced over a roughly 750-meter stretch of the 2,000-meter-long... — Updated 11/13/2016

Redstar Gold Corp. Oct. 5 said it is planning a 1,500-meter drill program at its high-grade Unga gold project in Alaska. Scheduled to start in late October, the drilling will focus on outlining... — Updated 10/9/2016 Full story

Redstar Gold Corp. Aug. 23 reported that Eric Sprott has agreed to acquire 30 million Redstar shares through a non-brokered private placement of up to 41 million shares at C10 cents each. The financ... — Updated 8/28/2016

Redstar Gold Corp. June 8 reported the start of an exploration program focused on delineating new drill targets at the Shumagin prospect of its Unga gold project, located on Unga and Popof Islands... — Updated 6/19/2016

Redstar Gold Corp. Jan. 25 reported the appointment of Peter Ball as president, CEO and director of the exploration company with gold properties in Alaska, Nevada and Ontario. Ball, who has more... — Updated 1/31/2016

Redstar Gold Corp. Sept. 8 reported the closing of a C$750,000 non-brokered private placement consisting of 18.75 million common shares at a price of C4 cents per share. No finder's fees were paid... — Updated 9/13/2015

Over the past month Alaska's mining industry has suffered a perfect storm of manmade and natural issues that read like something from a pulp fiction novel. On the man-made side of the ledger, gold,... — Updated 7/26/2015

Redstar Gold Corp. July 2 reported that four step-out holes drilled at the Shumagin prospect of its Unga gold project in Southwest Alaska continues to cut high-grade gold in the Shumagin vein as... — Updated 7/12/2015 Full story

With intercepts of up to 5.9 ounces per short ton gold over widths of more than six feet, Redstar Gold Corp.'s first round of 2015 drilling at Unga is reminiscent of the long history of this... — Updated 6/28/2015 Full story

The world's mining industry has once again transmogrified itself in the face of changing global metals markets and investor expectations. In a recent Reuters report, several companies, including... — Updated 6/28/2015 Full story