The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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Marks first time ever that U.S. and Canadian governments co-invest in development of North American critical mineral projects. The U.S. Department of Defense (DOD) and Natural Resources Canada (NRCan) are investing a combined $12 million into establishing a vertically integrated critical minerals supply chain in Canada that includes a mine at Fortune Minerals Ltd.'s NICO cobalt-gold-bismuth-copper project in Northwest Territories and associated hydrometallurgical refinery in...
From 25% tariffs on graphite imports from China to mining being eligible for $72B in clean energy loans, Alaska project gets good news from DC. Graphite One Inc. President and CEO Anthony Huston was among a select group of industry leaders in attendance when President Joe Biden rolled out his plan to levy heavy tariffs on a wide range of goods from China, including natural graphite. "I was honored to represent everyone at Graphite One in the meeting with President Biden,"...
Mining companies say provincial order is final nail in the coffin for the NW BC jade industry. British Columbia has banned any new jade mines in the northwestern corner of the province and has given companies mining this semi-precious stone in the area a five-year window to wind down operations. Provincial concerns over jade mining in northwestern B.C. began after receiving a 2020 letter from the Tahltan Central Government demanding the government take immediate steps to shut...
Company now expects to pour first gold in Q2 2025; is recalculating total development costs for mine. With mining falling slightly behind schedule, B2Gold Corp. now expects to pour the first gold at the Goose mine on its Back River project in Nunavut sometime during the second quarter of 2025, slightly behind the first quarter start originally anticipated. The company, however, also reports that its winter ice road project to deliver equipment, fuel, and supplies was a...
Northwest Alaska Native corporation disengages from proposed road; will continue to defend right to build future road to the Ambler Mining District. The Ambler Road suffered another setback with NANA Regional Corporation's decision to withdraw its involvement with the proposed 211-mile industrial access to the mineral-rich Ambler Mining District within the NANA region of Northwest Alaska. NANA, which owns lands within the Ambler District enriched with copper, cobalt, and...
Mining executives rank Alaska, Yukon, B.C., NWT, and Nunavut high on mineral potential; mining policy issues, however, weigh on "Investment Attractiveness Index" in latest Fraser Survey. While global mining executives ranked Alaska, British Columbia, Northwest Territories, Nunavut, and Yukon in the top 20 when it comes to mineral potential, a not-so-favorable view on mining policy weighs on the investment attractiveness index of all these North of 60 Mining jurisdictions in...
Buyout will bring Johnson Tract into Contango Ore's pipeline of high-quality Alaska gold mine projects. In a deal that brings three high-quality Alaska gold projects into a single portfolio, Contango ORE Inc. has entered into a definitive agreement to acquire HighGold Mining Inc. in an all-shares deal valued at roughly $37 million (C$55 million). "The combination of HighGold and Contango makes a tremendous amount of strategic sense for both sets of shareholders – it is a t...
Meliadine and Amaruq produce 223,500 oz gold; company encouraged by Hope Bay drill results. For Agnico Eagle Mines Ltd., the remote but highly mineralized territory of Nunavut offers high rewards, as long as the high risks that come with building and operating mines in Canada's remote North are managed. Given the nearly 900,000-ounce-of-gold-per-year pace of production at its Meliadine and Amaruq mines so far this year, coupled with new gold discoveries that bode well for its...
Project proponents make midnight hour appeal for Biden administration to reconsider "irresponsible and unacceptable" permit decision for road. National media reports that the Biden administration is set to deny permits to build a 211-mile access road to the Ambler Mining District in Northwest Alaska has project proponents making a midnight-hour appeal to the U.S. Bureau of Land Management (BLM) to adhere to laws that led to the formation of the 49th State and were meant to...
Gov. Dunleavy urges BLM to consider recent Alaska Native support as it finalizes its reassessment of the Ambler Access Project. "I strongly believe that the road will greatly benefit my community and I'm not alone. Many of my neighbors also support the road, as do other villages in the region," Native Village of Ambler President Miles Cleveland said of the proposed Ambler Access Project that would extend to within 30 miles of his community. This support is reflected in...
Ambler Access Project Subsistence Advisory Committee passes resolution for policies to protect fish and wildlife, and keep road private. Leveraging nearly four decades of success when it comes to protecting and managing subsistence resources along the 50-mile road that connects the Red Dog Mine to a port on Alaska's west coast, the Ambler Access Project Subsistence Advisory Committee (SAC) passed a resolution to establish policies that will protect subsistence resources along...
Alaska Energy Metals' 2023 drilling results in a fivefold increase in nickel within new resource. Incorporating the results from its inaugural drill program at Nikolai, Alaska Energy Metals Corp. has already outlined 8.1 billion pounds of nickel in the project's Eureka Zone, which is more than five times the quantity of this battery metal than was contained within the resource calculated last November. "With this updated mineral resource estimate, the Eureka deposit of the...
Ascot raises $96.6 million to ramp Northern BC gold-silver mine to steady production; workers achieve impressive safety milestone. With the price of gold holding steady above $2,000 per ounce, Ascot Resources Ltd. is wrapping up the development of its Premier Mine and expects to pour the first gold at this newest iteration of the historic Northern British Columbia operation in April. "With project construction nearing completion and early commissioning underway, we eagerly ant...
Alberta-based firm is new Komatsu underground mining equipment dealer for Alaska and Canada. Mining companies in Alaska, British Columbia, and the Canadian territories will soon have another supplier of underground mining equipment. Alberta-based SMS Equipment has recently been selected as the official dealer of Komatsu underground hard rock mining equipment across most of Canada and in Alaska. "Komatsu and SMS Equipment have a shared goal of maximizing value to underground...
Recent study shows Exyn drones more safely collect higher quality survey data in half the time compared to traditional mine mapping methods. Exyn Technologies' drone-based mapping system is faster, more accurate, and infinitely safer than traditional underground mine surveying technologies, according to a recent study completed at Northern Star Resources Ltd.'s Pogo gold mine in Alaska. "[T]he data doesn't even compare," said Andrew Loomes, chief mine surveyor at Pogo. Exyn...
City officials hold meeting to discuss potential amendment to City Plan, includes complete prohibition of mineral exploration and mine development within city limits. In the face of the ongoing green energy transition, in which critical metals such as copper have been labeled as the "new oil," members of the public occupied every seat within the Whitehorse City Council chambers on Monday evening as it discussed the possibility of completely banning all mining activities...
Secures former critical minerals stockpile site to build graphite processing and battery materials recycling plant. Graphite One Inc. plans to transform a former national defense critical minerals stockpile site in Ohio into a domestic source of the graphite anode material going into the lithium-ion batteries powering electric vehicles and storing renewable energy. "Graphite One is delighted to announce that, subject to financing, we will be building our advanced graphite...
Alaska & Northern Dynasty sue federal government over EPA's Pebble decision; state places hefty price tag on taking if mining ban not overturned. Both the Alaska Department of Law and Northern Dynasty Minerals Ltd. are suing the federal government over broken contracts relating to the Environmental Protection Agency's decision to restrict mining activities at the world-class Pebble copper project in Southwest Alaska. "We are filing litigation to fully contest the EPA's...
Urges White House to streamline permitting process for domestic mines that will supply the minerals and metals needed for energy transition. Alaska Gov. Mike Dunleavy leveraged the national platform offered by S&P Global's CERAWeek 2024 energy conference in Houston to urge the Biden administration to streamline the permitting for mines that will deliver a domestic supply of the minerals and metals critical to America's economy, security, and clean energy ambitions. "Our...
Cassiar Jade and Glenpark seek reparations for financial losses due to being evicted from mining claims by Tahltan Nation, BC government. A pair of jade miners are taking British Columbia to court over monetary damages related to being evicted from their mining claims within the territory of the Tahltan First Nation in Northern B.C. In 2020, the B.C. government issued several orders under the provincial Environment and Land Use Act that sterilized and prohibited further...
HB122 would authorize AIDEA to issue up to $300 million in bonds and leverage federal funding for critical mineral infrastructure projects in Alaska. Home to 49 out of the 50 minerals deemed critical to the United States, Alaska has the potential to be a reliable domestic source of the mined materials vital to high-tech, clean energy, and national defense. America's Last Frontier, however, is often lacking when it comes to the infrastructure needed to fully unlock the state's...
Preliminary feasibility study envisions production of 2.5 million ounces of gold at Courageous Lake. Amid the recent surge of interest in mining lithium and rare earth elements, some companies exploring the Northwest Territories remain focused on gold. Seabridge Gold Inc., for example, is revisiting its long-held Courageous Lake Gold Project more than a decade after shelving an initial mineral resource estimate and preliminary economic assessment of the venture in 2012....
The newest mine in B.C.'s Golden Triangle remains on pace to pour its first gold later this month. Ascot Resources Ltd. April 5 began feeding ore into the mill at Premier, marking the official start of a new era of production at this historical gold-silver operation on Nisga'a Nation Treaty Lands at the southern tip of British Columbia's prolific Golden Triangle. Premier, which lies about 15 kilometers (nine miles) north of Stewart, B.C., is home to a past-producing gold mine...
Don Lindsay Teck Award in Mining Engineering contributes $2 million to foster the next generation of mining talent at UBC and Queen's University. In a fitting tribute to former president and CEO Don Lindsay, Teck Resources Ltd. has awarded C$2 million to establish scholarships for mining engineering students at Canada's two largest mining schools – the Norman B. Keevil Institute of Mining Engineering at the University of British Columbia and the Robert M. Buchan Department of...
Stratabound changes name to Lode Gold Resources Ltd.; plans to spinout Canadian gold assets and reports 2024 exploration strategy. In recent market buzz about the emerging gold district in southeastern Yukon, one junior says its promising assets have been largely overlooked by investors, resulting in its shares being significantly undervalued. Lode Gold Resources Ltd., known until January as Stratabound Mineral Resources Corp., says its name change signals ongoing growth and...
