Northern Dynasty stock drops 32% after pact with First Quantum to build giant Alaska copper-gold mine collapses.
Alaska Mining News
Bringing the project to production is expected to take about four years, but Donlin gold project is still has a long way to go in the permitting process before construction and operations can begin.
Mineralized intercepts encountered higher grades than predicted by previous modeling, said the project owners NovaGold and Barrick.
The agency has proposed revoking its 2014 determination banning any large-scale mine in the area where Pebble would be built on the grounds it would damage the region’s key salmon industry.
The junior mining market suddenly pivoted towards an Alaska-focused gold explorer today, which is advancing a high-grade gold play in Alaska.
Northern Dynasty Minerals Ltd. reports that its wholly-owned subsidiary, Alaska-based Pebble Limited Partnership announced today it has received commitments from five prominent Alaskan and national figures to serve as founding members of an Advisory Committee formed to provide independent, external advice as the Pebble Project advances into federal and state permitting.
Donald Trump’s Environmental Protection Agency (EPA) has injected new life into the long-stalled and controversial copper-gold-silver project near Bristol Bay, southwest Alaska.
Permit allows Northern Dynasty to work in the area for the next 12 months, but it includes requirements for state inspections, as well as an unprecedented $2 million guarantee as back stop for exploration clean-up.
Together these giant orebodies contain reserves worth $796 billion at today's gold price.
Rebuttal comes as shareholders launched an investigation over possible false and misleading statements made by the miner about its Pebble copper-gold project in Alaska.
Shares in the Canadian miner behind the stalled Pebble copper-gold project in Alaska nosedived after a report branded the venture as “worthless.”
NOVAGOLD Resources Inc. released its 2016 financial results on Jan. 25, and provided updates on the 50%-owned Donlin Gold project in Alaska and the 50%-owned Galore Creek project in British Columbia.
Northern Dynasty Minerals Ltd. expects the U.S. Environmental Protection Agency to announce in the first quarter of 2017 that it will let the application process proceed for the controversial project.
Situation has worsened as a result of a shortage of new discoveries, cost cutting measures and miners digging out higher-grade material for a short-term gain, say experts.
Despite being early stage, the Unga gold project is attracting interest from some influential gold funds.
A World Conservation Congress’ motion urges the US government to prevent the granting of permits for large-scale mining.
The Canadian company exploring for copper, zinc and gold upstream of a southeast Alaska bald eagle preserve has received permission from a U.S. federal agency to expand.
EPA staff either set out to block the controversial Pebble mine by colluding with anti-mining activists, or proposed scientifically appropriate restrictions protecting southwestern Alaska from the proposal for North America's largest open-pit mine.
Northern Dynasty Minerals, parent company of the Pebble mine proponent, disappointed at the narrow scope and limited findings of government probe.
The Donlin deposit holds an estimated 33 million ounces of gold, which would be extracted over the expected 27-year operating life of the open pit mine.
NovaCopper Inc. (NYSE-MKT, TSX:NCQ) CEO Rick Van Nieuwenhuyse’s path to success in the Ambler mining district of Alaska, where he started his career, is a road.
Prospect generator Miranda Gold (MAD.V) chases discovery in Colombia and high-grade production in Alaska
Miranda Gold CEO Ken Cunningham sees 2-3 more difficult years ahead for mining investors, which gives his company more time to acquire and advance its projects with less competition.
A federal judge has ruled in favour of the Pebble mine project, putting a temporary halt on the U.S. Environmental Protection Agency’s efforts to protect Bristol Bay.
A federal grand jury in Anchorage handed up a 28-page indictment accusing XS Platinum and five executives of conspiring to violate the federal Clean Water Act and of falsifying compliance reports to the government
The Indian group opposing Imperial Metals Corp.'s Red Chris mine, known as the Klabona Keepers, says that nobody properly consulted its members about the project, a "grave and serious" violation of aboriginal rights.