A Fairbanks-based company with several Alaska mining projects, including two near Anchorage, could nearly double in size in a proposed merger with a Canadian firm.
The deal, announced this week, would combine Contango Ore with Vancouver-based Dolly Varden Silver Corp. It’s the latest in a recent flurry of deals in the global mining industry, including in Alaska.
Contango is involved in multiple high-profile projects in Alaska, including the already operating Manh Choh mine in the Interior. It’s also doing substantial exploratory work at two other prospects — one in Hatcher Pass, above the Mat-Su, and another on Indigenous-owned land surrounded by a national park southwest of Anchorage that’s drawn sharp opposition…