Alyeska plans pipeline bullet-hole drill 01/17/2010
Exercise will involve field testing hydraulic clamp designed to quickly seal high-pressure oil leak; 2001 shooting caused big spill
Alyeska Pipeline Service Co. is planning a field exercise this year to test a hydraulically powered clamp designed to stop oil squirting out of the trans-Alaska oil pipeline through a bullet hole. The...

Mining News: Explorer targets winter drilling at Livengood 12/20/2009
While International Tower Hill contemplates building a mine capable of producing more than 400,000 ounces of gold per year at Livengood, the exploration saga continues at the rapidly growing project....

Mining News: Livengood explorer could build mine 12/20/2009
Junior seems reluctant to turn over multimillion-ounce Alaska gold asset to major; vows to assemble operations team in early 2010
International Tower Hill Mines Ltd.'s rapidly expanding Livengood gold project could prove to be the catalyst that transitions the Vancouver B.C.-based junior from explorer to producer. "The Livengoo...

Mining News: Miners, like boats, rode tide in 2009 12/20/2009
But the fortunes of some mining companies foundered even as commodities prices marched steadily higher during the past 12 months
Although commodities prices have improved for the mining industry over the past year, 2009 has been the kind of year most of us hope not to repeat. The best analogy I can come up with is the one that...

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 News: Parnell lauds Alaska permitting process 11/22/2009
"The state will continue to defend our permits that we issue, and our permitting process. That is the least I can do as governor"
Alaska Governor Sean Parnell reflected on Alaska's rich mining history and vowed to defend the state's mining regulatory process and to oppose unjust attacks on the industry during an address to miner...

Mining News: Optimism surges among Alaska miners 11/22/2009
As metals prices climb and world demand resumes upward trend, mineral industry prepares for period of robust activity in 2010
Metals markets continue to climb out of the basement as the world demand for metals resumes its upward trend. Fueled by this growing demand, numerous Alaska precious, base and rare metal projects repo...

Mining Explorers 2009: Powerful allies launch Mantra 11/01/2009
Backed by Electrum and NovaGold, junior positions itself as major Alaska explorer
Since Mantra Mining Inc. emerged as the vehicle in which NovaGold Resources Inc. would spin off its noncore assets, the Vancouver B.C.-based junior has positioned itself to become a major player on th...

Mining Explorers 2009: Snowballing success at Livengood 11/01/2009
Attracting C$37M, International Tower Hill drilled 65 kilometers at Alaska gold project
International Tower Hill Mines Ltd.'s Livengood gold project can best be compared to the proverbial snowball. As positive drill results continued to roll in so did investment cash, in turn funding an...

Mining Explorers 2009: Gold shines through financial cloud 11/01/2009
While base metal explorers struggled, gold seekers carried the torch in 2009
The plunge of base metal prices and turmoil in the financial markets caused explorers and producers alike to scale back exploration budgets for 2009. North of 60 Mining News estimates this year's expl...

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: Livengood gold resource triples in 2009 10/25/2009
Junior boosts estimate to 12.5 million ounces for Interior project; hits possible deep feeder zone as potential mine takes shape
The gold resource at International Tower Hill Mines Ltd.'s Livengood property in Interior Alaska more than tripled to 12.5 million ounces in October from 4 million ounces going into 2009. The junior e...

Mining News: Junior caps 2009 season with name change 09/27/2009
Mantra Mining reports on first drilling at Colorado Creek, other Alaska properties; takes steps to spin off base metal properties
Mantra Mining Inc. reported several major developments recently, including plans to spin off properties with significant zinc mineralization, changing its name and completion of planned 2009 work prog...

Mining News: Minerals gain momentum as season wanes 09/27/2009
Average rate of gold investment around the world nearly doubles in past eight years as demand for metals increases exponentially
Although Alaska's summer field season is quickly coming to an end, the mineral industry continues to gain momentum thanks to rapidly increasing metals prices, fueled in part by growing industrial dema...

In-state costs by route 09/20/2009
Terrain differences, environmental issues a wash - miles the primary difference
In a first step at determining the economics of in-state gas projects, the state has completed an analysis of pipeline costs for different routes for three types of in-state gas delivery systems. Har...

Mining News: Drills are tapping Sunshine at Livengood 08/30/2009
International Tower Hill has discovered a zone of oxidized mineralization that could be larger than the Core zone outlined in 2008
LIVENGOOD – From the surface, there is nothing outstanding about the low-lying hills that cover International Tower Hill Mines Ltd.'s gold project. The birch and black spruce-covered terrain is typica...

Mining News: Alaska explorers hit potential pay dirt 08/30/2009
Miners report encouraging exploration results in their search for a range of commodities, from the expected to the unpronounceable
They say when it rains, it pours, and that is just what is happening with news from field programs all over Alaska. Results from summer 2009 programs are pouring in from the Brooks Range to Prince of...

Mining News: Kinross partners with dynamic juniors 07/26/2009
Owner of Alaska's largest gold mine invests in exploration ventures that seek new discoveries in the prospective Tintina Gold Belt
Kinross Gold Corp. – operator of the largest gold mine in the Tintina Gold Belt – has embarked on a treasure hunt in hopes of identifying another Fort Knox-like deposit in this gold-rich province. Th...

Mining News: News from Alaska field slows in summer 07/26/2009
PricewaterhouseCoopers report tallies the devastating financial impact of the 2008, 2009 recession on mining companies worldwide
The Alaska summer is in full swing but news is slow in arriving from new field programs and mining operations around the state. The biggest news in the past month was the U.S. Supreme Court's affirma...

BP in Alaska: Building the Trans Alaska Pipeline System 07/12/2009
In order to begin construction on the pipeline, Alyeska Pipeline Service Co. needed to put in a road to service its construction. The road would start at the Yukon River, at the end of the 53-mile Ell...

Mining News: Miners miss out on ample opportunities 06/28/2009
Corporate philosophy favoring projects with near-term production prospects drives ongoing decline in worldwide gold output
I have been reading the tea leaves and think there is an extremely important sequence of events unfolding that represents a golden opportunity for Alaska. Please bear with me as I try to wade through...

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: 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: Junior wraps up winter work at Livengood 04/26/2009
International Tower Hill's 10,000-meter drill program hits unexpected zone of high grade ore; metallurgy points to adding a mill
International Tower Hill Mines Ltd. wrapped up a winter drill program at the Livengood gold project about 70 miles north of Fairbanks April 20. The 10,000-meter program that began in February encounte...