The mining newspaper for Alaska and Canada's North
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Ambler Metals LLC, a joint venture company equally owned by Trilogy and South32 Ltd., invested roughly US$28.5 million into a 2022 exploration program that included 10,738 meters of drilling targeting resource upgrades within the Arctic deposit and testing earlier-stage copper-rich prospects across the Upper Kobuk Mineral Projects in Northwest Alaska. Covering 448,217 acres of the famed Ambler Mining District, UKMP hosts the advanced staged Arctic Mine project and more than a...
The global transition to renewable energy is demanding enormous quantities of copper and zinc, two metals that are a specialty of Teck Resources Ltd. To help leverage its global portfolio to help fill the growing demand for copper, Teck launched Project Satellite in 2017. This initiative focused primarily on five copper assets in the Americas, including the Galore Creek and Schaft Creek projects in Northern British Columbia. According to a 2018 calculation, Galore Creek hosts...
Whether it is expanding its zinc-lead-silver resources on its flagship Macmillan Pass project in the Yukon, gaining a better understanding of its newly acquired Mactung tungsten project straddling the Yukon-Northwest Territories border, or carrying out reconnaissance exploration of its newly added Gayna River zinc-lead-gallium-germanium project within NWT, appropriately named Fireweed Metals Corp. decided Fireweed Zinc just would not cut it and changed accordingly. Comprised...
The increasing number of electric vehicles charged with renewable energy, connected to 5G networks, and boasting the computing power of 200 laptops to autonomously traverse global highways is creating a meteoric rise in demand for the minerals and metals critical to clean energy and high-tech. Benchmark Mineral Intelligence, the foremost authority on lithium battery supply chains, estimates that more than 300 new mines will need to come online by 2035 – just to produce the c...
With the buyout of Constantine Metal Resources Ltd., American Pacific Mining Corp. gained a roughly 45% ownership of the Palmer zinc-copper-silver-gold-barite mine project in Southeast Alaska. Being advanced under a joint venture with Dowa Metals & Mining Alaska Ltd., Palmer hosts two adjacent volcanogenic massive sulfide deposits with a combined 4.68 million metric tons of indicated resource averaging 5.23% (539 million pounds) zinc, 1.49% (154 million lb) copper, 30.8 grams...
With dewatering plans, an updated preliminary economic assessment, and updated mineral resource estimate out of the way, Osisko Metals Inc. has been exploring ways to maximize the potential of this world-class zinc-lead project that could easily rank it within the top ten zinc mines on the planet. Located just south of the Great Slave Lake, Pine Point was home to a former mine operated by Cominco (now Teck Resources) that produced roughly 14 billion pounds of zinc and 4...
Pushes ahead AK mine, WA plant to meet vast EV battery demand. As automakers look to secure the graphite required for lithium-ion batteries that will power the hundreds of millions of electric vehicles expected to traverse global highways over the next three decades, Graphite One Inc. continues to put milestones in its rearview on a journey to develop a mine at its Graphite Creek project in Alaska and advanced graphite processing facility in America's Pacific Northwest. "Our s...