5-10-13 “…Closer To The Stone Age Than The Digital Age”

 Comment: This morning we join with members of the Alaska Mining Association to celebrate Alaska Mining Day.  We follow mining here to the extent that many of the same leasing, permitting and extremist opposition matters are those shared with oil and gas investors in northern Canada and Alaska.  Also, energy availability is a primary concern of miners and contributes to determination of whether a given property is economically feasible to develop.  We salute all of these resouorce pioneers, for without them and their hardy predecessors our way of life would be closer to the stone age than to the digital age.  "Lest We Forget".  -dh

CBC News: People in Cambridge Bay, Nunavut, hope a junior mining company has what it takes to breathe new life into the Hope Bay gold mine.  For more than a year, the nearly completed mine has been inactive ever since Newmont Mining Corporation shut the project down.  Now Toronto-based TMAC Resources is pushing hard to get the mine into production by 2015.  Irvin Kuptana’s laptop is filled with pictures from his years living and working at the Hope Bay mine site. Kuptana did everything from assisting geologists in the field to waste management.

From Mining News: 

ARPN: Stratus involvement may taint Bristol Bay Assessment American Resources Policy Network President Daniel McGroarty May 6 delivered a letter to U.S. Congressmen charged with overseeing the U.S. Environmental Protection Agency, urging them to investigate the agency’s relationship with Stratus Consulting, which has admitted in a U.S. federal court to filing a falsified research …. Silver Predator unloads northern baggage, focuses on Nevada In order to focus on its Nevada assets, and its Taylor silver project in particular, Silver Predator Corp. optioned its Illinois Creek gold-silver property in Alaska and divested itself of most of its Yukon Territory assets. On May 8, Silver Predator reported that the privately-held Plan B Minerals Corp. has agreed to make …. COPPER/MOLY/GOLD – Full Metal Minerals Ltd. May 9 reported an inaugural inferred mineral resource estimate for the Pyramid copper-gold-molybdenum porphyry project, located …. GOLD – Goldrich Mining Co. May 9 said Goldrich NyacAU Placer LLC, a 50-50 joint-venture between Goldrich and NyacAU LLC, has delivered some US$4 million of equipment and supplies …. GOLD – Coeur d’Alene Mines Corp. May 9 reported metal sales of US$171.8 million, operating cash flow of US$58.7 million, and capital expenditures of US$12.8 million during the …. MANAGEMENT – Coeur d’Alene Mines Corp. May 8 said Peter Mitchell has been appointed senior vice president and chief financial officer of the company, effective June 3. Mitchell has …. QUARTERLY REPORT – Kinross Gold Corp. May 7 reported that it produced 648,897 gold-equivalent ounces at a cost of US$729 per gold-equivalent ounce during the first quarter …. COPPER/GOLD – Millrock Resources Inc. May 7 said it has entered an exploration and option to lease agreement with Bristol Bay Native Corp. on a 680,650-hectare (about 1.682 million …. DELISTING REVIEW – TMX Group May 7 announced that the Toronto Stock Exchange is reviewing the common shares of Pure Nickel Inc. (Symbol: NIC) with respect to meeting the …. FINANCE – NovaGold Resources Inc. May 2 purchased US$72.821 million of the principal amount of its US$95 million outstanding 5.5 percent convertible notes due May 1 …. MOLY/COPPER/GOLD – Thompson Creek Metals Company Inc. May 9 reported financial and operational results for the three months ended March 31 including income of US$900,000, or …. GOLD – Pretium Resources Inc. May 8 said the underground access ramp at its Brucejack gold project has reached the Valley of the Kings at the targeted 1,345-meter level of the 426600 cross- …. FINANCE – Dolly Varden Silver Corp. May 7 said Hecla Mining Co., through a wholly-owned subsidiary, has exercised its pre-emptive right to maintain its 19.94 percent interest …. ADVANCE NOTICE – Hard Creek Nickel Corp. May 6 said its board of directors has adopted an advance notice policy which, among other things, includes a provision that requires …. POLYMETALLIC/COAL – Fortune Minerals Ltd. May 6 reported that its consolidated financial statements and management’s discussion and analysis of financial condition and results …. GOLD – Prosperity Goldfields Corp. May 9 reported final assay results for its 20-hole, 4,427-meters winter drill program on the Kiyuk Lake gold project in Nunavut. Final assay results …. POLYMETALLIC – Sabina Gold & Silver Corp. May 9 reported that Glencore Xstrata has disclosed a new mineral resource estimate for its Hackett River silver project …. OPTION – Commander Resources Ltd. May 6 reported that Aston Bay Ventures Ltd., which optioned Commander’s Storm property on northwest Somerset Island in Nunavut …. URANIUM – In updating shareholders, Kivalliq Energy Corp. May 4 said drilling along the Lac 50 Trend on its Angilak uranium property in 2012 resulted in a 60 percent increase …. FINANCE – Copper North Mining Corp. May 8 said it has signed of a loan agreement with an insider of the company to secure C$300,000. Proceeds will be used for general working …. SILVER – Entourage Metals Ltd. May 8 said it has acquired an option to earn 100 percent interest in the La Liga silver property some 70 kilometers north of Faro, Yukon. Entourage …. GOLD – Kaminak Gold Corp. May 8 reported results for 38 drill holes from its ongoing 2013 drilling campaign at the Coffee gold project. Drilling successfully intersected gold …. SILVER – Alexco Resource Corp. May 8 reported a net loss of C$2.3 million, or C4 cents per share, for the three months ended March 31, due primarily to decreased silver production …. GOLD – Colorado Resources Ltd. May 7 said Gold Fields Ltd. – through its wholly-owned subsidiary, Gold Fields Selwyn Exploration Corp. – has entered into an option and joint venture …. GOLD – Cantex Mine Development Corp. May 7 reported progress on its gold project located in central Yukon Territory. Analytical results from 1,386 heavy mineral samples collected during 2012 …. GOLD – Victoria Gold Corp. May 6 provided an update on progress at its Eagle Gold Project, which is expected to be the next operating gold mine in Yukon Territory. The project is focused on ….

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United States and Canada Exploration & Production Contacts Directory: Updated every day! Names and job titles of operations, engineers, maintenance and other key personnel many of whom have direct e-mail addresses and direct phone numbers. Find E&P owners and operating companies as well as industry support sectors from the largest worldwide engineer/contractors to local service and supply companies.

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