Canadian miner NovaGold Resources Inc. (TSX:NG) said today that it has begun the process of trying to sell its 50% stake in the Galore Creek copper-gold project in British Columbia, in order to fully focus on its flagship Donlin gold project in Alaska, in a stament announcing its poor Q4 results.
The Tatshenshini-Alsek ranks among the world’s top five wilderness river trips. It’s a scenic rival of Grand Canyon and it bisects North America’s most pristine wildlife region — a Jack London land of wolves and wolverines, moose and mountain goats and Dall sheep, and one of the world’s biggest population of grizzly bears.
Giant peaks 15,000 feet high gnawed at our vista. So many exist here that most guides cannot keep their names straight. One, however, everyone knows. Windy Craggy Mountain.
CBC News has learned that 16 Canadian lakes are slated to be officially but quietly "reclassified" as toxic dump sites for mines. The lakes include prime wilderness fishing lakes from B.C. to Newfoundland.
Environmentalists say the process amounts to a "hidden subsidy" to mining companies, allowing them to get around laws against the destruction of fish habitat.
Under the Fisheries Act, it's illegal to put harmful substances into fish-bearing waters. But, under a little-known subsection known as Schedule Two of the mining effluent regulations, federal bureaucrats can redefine lakes as "tailings impoundment areas."
That means mining companies don't need to build containment ponds for toxic mine tailings.
CBC News visited two examples of Schedule Two lakes. In Newfoundland and Labrador, the Vale Inco company wants to use a prime destination for fishermen known as Sandy Pond to hold tailings from a nickel processing plant.
In northern B.C., Imperial Metals plans to enclose a remote watershed valley to hold tailings from a gold and copper mine. The valley lies in what the native Tahltan people call the "Sacred Headwaters" of three major salmon rivers. It also serves as spawning grounds for the rainbow trout of Kluela Lake, which is downstream from the dump site.
The most challenging terrain Vance Culbert and Guy Edwards crossed in their 1,200-mile ski trip from Vancouver to Juneau wasn't on the map. It was in their minds.
As experienced backcountry skiers and mountaineers, they and the others on the expedition were well-prepared for crevasses, ice falls and rivers. They'd carefully planned food for their six-month traverse of the Coast Mountains range. But nothing could prepare them to live with each other and their own thoughts day after day.
(To read complete source article, click "The Juneau Empire")