Ambler Metals Approves Matching Funds for Mining Road
The joint venture hoping to develop the Ambler Mining District, east of Kotzebue, approved $12.3 million for this year’s work on an access road, matching a state agency’s investment.
Mining
Contango Ore Lining Up Financing for Manh Choh Gold Mine
The developer of the Manh Choh gold mine near Tok is moving ahead with financing, selecting ING CAPITAL and Macquarie to arrange a $70 million loan for this year’s pre-production construction.
State Grants $300K to UAF to Train Manh Choh Miners
The Alaska Department of Labor and Workforce Development is providing a $300,000 grant to UAF for training workers from the Tok area for the Manh Choh gold mine.
EPA Deals ‘Preemptive Veto’ to Pebble Mine
Invoking a rarely used authority under Section 404(c) of the Clean Water Act, EPA is prohibiting the use of streams in the Bristol Bay watershed for mine waste disposal sites.
Donlin Gold Pleased with 2022 Assay Results
Pleased with the results from its 2022 drilling season, Donlin Gold is looking forward to another year of developing the prospect.
UAF Honors Usibelli as Business Leader of the Year
The UAF College of Business and Security Management celebrated coal mine president Joe Usibelli Jr. as its 44th Business Leader of the Year.