Northwest Territories Mining News

Osisko Metals tests pre-concentrating sorters

Two technologies were tested – x-ray transmission sorting and dense media separation.

Osisko Metals cut 9.4% Pb+Zn over 12 metres at Pine Point

The company has received assay results from 127 drill holes.

GoldMining receives water licence, land use permits for Yellowknife project

Separately, the company was granted two-year extensions to existing land use permits for the Goodwin Lake and Clan Lake properties.

Mountain Province stock takes off on 74% diamond resource increase

The updated inferred mineral resource at Faraday 2 highlights 5.45 million carats of diamonds, a hefty 74% increase over its 2017 estimate.

Hunt for Canada's vast diamond riches reaching an end

Iconic mines, including Ekati and Diavik are now old, tired and running out of diamonds; they will likely both close soon. So far, operations that were designed to replace them aren’t faring well either.

Osisko Metals intersects more shallow, high-grade at Pine Point, NWT

The company intends to update a portion of its inferred resource to the indicated category before the end of the year.

Arctic Star starts work at Diagras property

The Diagras property covers 22,595 hectares with a total of 23 known kimberlites on trend with the Diavik mine.

TerraX traces high grade Giant mine zones onto its BDC target zone

The historical core confirms mineralization from 50 to 425 metres below surface. The company is planning surface work to develop additional drill targets.

GoldMining updates Yellowknife resource

The new numbers are an 18% increase in the measured and indicated grade.

Canada’s Northwest Territories gets big resource development boost

The Government of Canada is investing in projects that will support resource development in an area where the territory's three operating diamond mines are located.

Saskatchewan best place to mine in Canada

The Fraser Institute has released its annual ranking of the best jurisdictions for mineral investment. Four of the top 10 places are Canadian provinces.

Osisko Metals releases more high-grade drill results from Pine Point

Jeff Hussey, describes Pine Point as “unique among its peer group,” because of the rarity of open-pit zinc assets.

Fortune Minerals commits to hire locally at Canada’s first primary cobalt mine

Company has signed a socio-economic agreement with the government of the Northwest Territories.

Nighthawk updates progress on Indin Lake project infrastructure

The property hosts the Goldcrest and Grizzly Bear deposits.

Nighthawk still finding strong grades at Colomac

Toronto-based Nighthawk Gold completed almost 16,000 metres of drilling this summer at its Colomac gold project 220 km northwest of Yellowknife in the Indin Lake greenstone belt.

Rio Tinto unearths 177 carat diamond in the rough at Diavik mine

Rio Tinto and JV partner Dominion Diamond Mines have revealed three of the finest large rough diamonds from their Canadian diamond mine.

Exploration spending in Canada’s poorest regions keeps sliding

The Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, will see exploration investment to drop again in 2018, Natural Resources Canada says.

Osisko Metals pays $34 million for NWT lead-zinc mine

Between 1964 and 1987 the Pine Point mine, operated by Cominco, produced 64 million tonnes grading 7% zinc and 3.1% lead.

PEA extends Ekati minelife by 7 years to 2042

A preliminary economic assessment (PEA) of the Ekati mine in Canada's Northwest Territories has the iconic diamond operation staying open seven more years.

Mountain Province Diamonds jumps 11.4% on 53- and 84-carat finds

TSX and NASDAQ-listed company said it unearthed two gems, one at 53.9 carats and the other at 84.65 carats, from Gahcho Kué in April.

GoldMining to buy Yellowknife Gold Project, property

The Vancouver-based miner has inked a deal to acquire 100% of the Yellowknife Gold Project and nearby Big Sky Property, both located in the Northwest Territories, Canada.

Drilling extends strike at TerraX's Yellowknife city project

The assay results that TerraX released give it plenty of targets to follow up with at its Yellowknife City Gold Project.

Dominion Diamond Corporation reports Diavik Diamond Mine fourth calendar quarter production

Dominion Diamond Corporation reports Diavik Diamond Mine production results for the fourth calendar quarter of 2016.

Cobalt – Fortune Minerals news release on federal funding of all-season road in NWT

Fortune Minerals Limited is pleased to report that the Government of Canada, the Government of the Northwest Territories and the Tlicho Government have jointly announced federal funding for the construction of the Tlicho All-Season Road to the community of Whati.

Failing to find a buyer, De Beers will flood Snap Lake Mine 

Work on flooding the tunnels of the shuttered diamond mine will start in early January and is expected to take between six and eight weeks.