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By Shane Lasley
Mining News 

Economics of Arctic Mine remain robust

Strong metal prices mostly offset higher CapEx for future mine North of 60 Mining News - February 15, 2023

 

Last updated 3/2/2023 at 6:19pm

Closeup of a finger pointing to high-grade mineralization in Arctic drill core.

Ambler Metals LLC

Core from drilling at Arctic, a volcanogenic massive sulfide deposit in Alaska enriched with copper, zinc, silver, and gold.

Trilogy Metals Inc. Feb. 14 reports that while rising costs and challenging supply chains have weighed on the economics of building and operating a mine at Arctic, an updated feasibility study shows that an open-pit copper-zinc-lead-silver-gold mine at this Northwest Alaska project continues to produce healthy financial returns.

Arctic is a high-grade volcanogenic massive sulfide deposit that is p...



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Reader Comments(1)

Eidolon writes:

Great. Now, we only need access to the Ambler mining district and about 175 more mines like this to begin to meet future copper demand.

 
 
 

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