2010 Mining Explorers: NovaGold sets sights on production 10/31/2010
Explorer eyes multimillion-ounce mega-deposits of gold at Galore, Donlin projects
Over the past 13 years NovaGold Resources Inc. has grown its resource base from 500,000 ounces of gold to more than 17 million ounces of gold reserves, 14 million ounces of gold resources, plus 150 mi...

2010 Mining Explorers: Explorers trek to Last Frontier 10/31/2010
Geologists seek next world-class deposit in rugged, under-explored state
The Last Frontier, as Alaska has long been labeled, is as applicable a moniker today as it was to prospectors who ventured to the territory at the end of the 19th century. Alaska is considered one of...

Mining News: Buyer wanted for new gold mine near Nome 10/31/2010
Focused on building two mega-mines, NovaGold puts smaller Rock Creek Mine on market; state says operating permits are still valid
Focused on becoming a million-ounce-per-year gold producer, NovaGold Resources Inc. put a "for sale" sign at its Rock Creek gold project on the outskirts of Nome in Northwest Alaska. A sale of the nea...

Mining News: Kensington joins ranks of big producers 07/25/2010
New mine will boost Southeast Alaska economy; Murkowski promotes legislation to support mining of strategic rare earth minerals
Two seminal events related to the Alaska mining industry occurred in the past month. First, in late June, Coeur d'Alene Mines Corp. reported the commencement of production at it Kensington gold mine...

Mining News: Terrane wreck lures explorers to Alaska 02/28/2010
Nearly 400 million years of mineral-rich formations crashing into each other created among world's most prospective geology
Geologically, Alaska is a terrane wreck, with multiple tectonic plates dumping their mineral payloads over the landscape. Geologists are still sifting through the wreckage in many places across the st...

Mining News: To be a true Alaskan is to be pro-mining 02/28/2010
Lawmaker expresses confidence in regulatory process to ensure that development of the Pebble Project is positive for region, state
I am a great supporter of Alaska's mining industry. How could an Alaskan not be? In 2009, Alaska's mining industry paid a total of US$12.3 million to local governments, US$35 million to the state gove...

Mining News: Statistics show mining matters to Alaska 02/28/2010
Economic benefits of industry include paying state's second-highest average wages, substantial share of some local, borough taxes
The Alaska Miners Association recently released an economic benefits summary of the Alaska mining industry. This summary indicated that in 2009 the Alaska mining industry provided 3,300 direct jobs al...

Mining News: Seasoned mine builder joins NovaGold 01/17/2010
Gil Leathley's five decades of experience is expected to be invaluable as the company continues to build world-class mines
NovaGold Resources Inc. tapped a wealth of mining experience recently when it appointed Gil Leathley as senior advisor to the junior's president and CEO, Rick Van Nieuwenhuyse. "Mr. Leathley is one of...

Projecting the jobs 11/29/2009
AEDC CEO Bill Popp works with Petroleum News and Mining News on new project forecast
Like one of Scrooge's Christmas apparitions, a ghost of Alaska's future could portend doom, or could just prove to be a warning of the consequences of not taking appropriate action. And from the persp...

Mining Explorers 2009: NovaGold: Focused on production 11/01/2009
Gold explorer sheds early-stage projects and focuses on mining its three key assets
The arrival of 2009 was a milestone for NovaGold Resources Inc. Emerging from a tumultuous 2008, the Vancouver, B.C.-based explorer raised badly needed capital and positioned itself to move its three...

Mining News: Gold prices top US$1,000-an-ounce mark 10/25/2009
NovaGold executive offers insight into the precious metal's outlook and resulting implications for the mining industry
Gold shone brightly through the financial tempest that caused base metal prices to plummet and sent stock markets tumbling during the past year. Neither the global financial meltdown of 2008, nor the...

Mining News: Recession walloped exploration spending 10/25/2009
As drought in available venture capital eases, miners seeking acquisitions would do well to accelerate the pace of purchases
As the active exploration season winds down in Alaska, both good news and bad is afoot and both sets of news turn out to be the same data. Double speak you say? Read on and judge for yourself. Halifa...

Mining News: Mining industry gears up for new season 05/31/2009
Worldwide economic uncertainties persist, though metals prices are climbing and some investors are snapping up bargain properties
Spring has arrived in Alaska and the mining industry is heading to the hills to do its work. Compared to last year, the state is a quiet place in the sun due to drastically reduced exploration and dev...

Mining News: NovaGold repositions itself for growth 05/31/2009
With its financial troubles in the past, the junior wants to move forward with permitting Donlin Creek, seeking new opportunities
NovaGold Resources Inc. not only survived 2008 – a year marked by skyrocketing development costs, an unstable financial market as well as environmental and mechanical setbacks at its projects – the em...

Mining News: Rough days may be ahead for mining 04/26/2009
Experts: Raising venture capital will be industry's biggest challenge in 2009, while juniors lacking cash on hand will fade away
Last month we talked about economic impacts of the Alaska mining industry. This month, the world mineral exploration industry is in our crosshairs. Halifax-based Metals Economics Group reported that...

Mining News: Mining pay ranks No. 2 after oil and gas 03/29/2009
New industry statistics reflect importance of sector's contribution to Alaska, local governments and Native corporations in 2008
There are some new stats out from the State of Alaska that I thought you might like to see. For 2008, the Alaska mining industry accounted for 3,500 direct jobs and 5,500 indirect jobs. The industry d...

Mining News: New York investor grabs stake in NovaGold 01/25/2009
Explorer will use investment capital to pay off bridge loan, move Donlin Creek to permitting and resolve Rock Creek water issues
NovaGold Resources Inc. is beginning 2009 with an infusion of cash. In two separate deals, the Vancouver B.C.-based miner sold enough of its equity to raise $75 million, funds it will use to pay debt...

Mining News: Alaska mining project roundup 01/25/2009
Alaska saw robust mining activity in 2008 across the full spectrum of the industry, from small placer operations to major producers, and from exploration programs to advanced development projects. Her...

Mining News: Miners see bumpy road to mineral riches 01/25/2009
Execs cite lack of infrastructure and lengthy litigation as top concerns for doing business in rural state that needs industry
Alaska is rich with minerals and considered a safe place to do business. As a result, investment has flowed into the state. Today, a variety of mines and mining projects are scattered across the vast...

Mining News: Gold bucks trend by holding its own 01/25/2009
Global financial turmoil fails to tank production, investment in precious metal around the world even as costs continue to rise
Despite the strong price and increasing investment surge for gold, Gold Fields Mineral Services reported in it's Gold Survey 2008 summary that global gold mine production dropped 4 percent in 2008 to...