Rugged individuals are the foundation of mining in Alaska, now often overshadowed by “elephants” like Red Dog and Fort Knox. Yet small companies and prospectors are still out there, exploring the landscape for the next big lode.
In advance of building a processing complex in Ketchikan, Ucore reached a deal with Vital Metals to supply rare earth elements from its Canadian mine.
The board of the Alaska Industrial Development and Export Authority (AIDEA) has accepted $8.5 million set aside in the state operating budget, HB 69, for the West Susitna Access Road (WSAR).
Before it began mining coal in the Poker Flats area near Healy nearly 40 years ago, Usibelli Coal Mine promised one day to restore the land to near pre-mining conditions, and backed its promise with bond worth about $2.5 million.
The Donlin Gold project, owned jointly by NOVAGOLD and Barrick Gold, reported initial assay results from the 2021 drill program. Program results continue to advance the project in preparation for the feasibility study update, support mineral resources and report significant new high-grade intercepts.
“When we work together and develop our state’s resources responsibly, we can achieve incredible outcomes for all Alaskans,” says Governor Mike Dunleavy.