A preliminary economic assessment (PEA) of the Ekati mine in Canada's Northwest Territories has the iconic diamond operation staying open seven more years.
Northwest Territories Mining News
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.
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.
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 production results for the fourth calendar quarter of 2016.
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.
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.
More than 20,000 tonnes of toxic arsenic trioxide released from the now-shut Giant gold mine wiped out entire populations of algae and invertebrates from lakes nearby, study shows.
The company operating the Diavik diamond mine says the denial of a change to its water licence could have an "immediate and materially-adverse impact" on the mine.
Attracting new investment.
Name change reflects a switch on the company's focus.
Nunavut and Yukon are expected to see positive but modest growth in 2016, but the economy of the Northwest Territories (N.W.T.) will remain virtually flat this year, a report published Wednesday shows.
Modern treaties have drove First Nation communities’ real income up by about 17%, benefiting several industries, especially the extractive sector, a new study shows.
Scientists from Canada, the U.S. and the U.K believe ancient sea water helped to the formation of diamonds hundreds of kilometres underground.
Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.
In the farthest reaches of northwestern Canada, there are few people and fewer roads. When winter comes, fuel, explosives, and heavy equipment move north in an unusual way: via trucks driving on frozen lakes.
Gold remains the most-targeted commodity by volume, according to EY’s latest report.
"We've seen a lot of people who were involved with the initial diamond rush in the early 90s come back to us."
Northwest Territories, the northern Canadian region known for diamond mining, is giving a leg up to exploration companies through an incentive program it first rolled out in June.
Diamond deposits, in the words of one senior geologist, are like pigeons. Where you find one, you're likely to find an entire flock.
With the race on to develop non-Chinese REE sources, he suggests three projects likely to end up on the podium.
Share price continues to hit all-time highs.
There has been an unusual recovery at site of a high quality white, colourless and transparent diamond measuring approximately 1 millimetre in diameter.
Drilling results far exceeded expectations.