- Gasification could drive development of coal
Alaska's coal resources are immense, Forty percent of the nation's coal is estimated to be in Alaska, the vast bulk of it on the North Slope. Much of this will remain inaccessible and undeveloped for years to come, but several billion tons are accessible and could be developed as markets ......
- Glitter in the economy.
On the surface, Alaska's mineral industry glitters like gold on a mountain peak: 1990 statistics top a decade of slow, steady growth, and abundant natural resources, from coal to gold, brighten future prospects. But the economic impact of mining to Alaska stands on a delicate balance. "Worldwide, the mineral industry ......
- Broken promises: the shallow gas leasing program was
curtailed, leaving two mining companies the option of converting pending
leases to a conventional gas exploration license
application.
Development of Alaska's rich mineral resources, typically located in remote regions of the Last Frontier, includes overcoming significant logistical hurdles to meet infrastructure needs. In particular, mine projects must acquire reliable and economic sources of power and fuel to make a development project productive. And despite Alaska's vast oil and ......
- Mining operation and exploration on upswing
Most recent attention around mining in Alaska has focused on major new developments like Teck Cominco's new Pogo gold mine, near Delta, and the Donlin Creek gold project under development by Placer Dome and Novagold Resources Corp. near the Kuskokwim River. But with metals and coal prices up, things are ......
- All that glitters may not be gold: Zinc, lead and
silver all add to Alaska's $1 billion mineral
industry.
To many people, the words "Alaska" and "gold" are synonymous. After all, the 49th state was home to the Gold Rush of 1898, and much of the state's early progress was built by the profits gleaned from prospectors and the businesses that served them. Yet as the mining industry grew, ......
- Consolidation in the Global Mining Industry
Merger and acquisition activity appears to be on the rise in the global mining industry. Recent actions in the industry include Switzerland-based Xstrata's $5.6 billion bid for Australian nickel miner WMC Resources, China Minmetals Corporation's $5 billion offer for Noranda Inc., and Harmony Gold Company's ongoing battle to acquire Gold ......
- Mining on pace for record year in 2004
Preliminary estimates for Alaska's mining industry indicate the sector will set a record in 2004 for the value of minerals mined and spending on development and exploration projects. "There's the potential for it to be a record year," said Rich Hughes, recently selected as the new mining development specialist at ......