Northwest Territories Mining News

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.

Past gold mining near Yellowknife severely hurt lakes, wildlife — report

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.

Diavik mine owner appeals to N.W.T. minister for help in regulatory dispute

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.

NWT premier 'pleasantly surprised' by exploration season

Attracting new investment.

Avalon Rare Metals is now Avalon Advanced Materials

Name change reflects a switch on the company's focus.

Mining sector woes continue to limit economic growth in Canada's territories in 2016

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.

Canada’s First Nations, mining companies benefited from modern treaties — report

Modern treaties have drove First Nation communities’ real income up by about 17%, benefiting several industries, especially the extractive sector, a new study shows.

Small, ancient diamonds reveal seawater key for precious gems formation

Scientists from Canada, the U.S. and the U.K believe ancient sea water helped to the formation of diamonds hundreds of kilometres underground.

Canada’s Territories hold massive shale oil reserves similar to US Bakken field

Energy regulator says it holds as much as 200 billion barrels of shale oil reserves, comparable to North Dakota’s thriving Bakken field.

Here is what it looks like when mining trucks drive across frozen lakes

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.

Canadian miners the world’s top buyers of assets in 2014

Gold remains the most-targeted commodity by volume, according to EY’s latest report.

'Diamonds really did save the Northwest Territories' – mines minister

"We've seen a lot of people who were involved with the initial diamond rush in the early 90s come back to us."

NWT doles out exploration grants as diamond activity heats up

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.

New wave of diamond fever sweeps Canada’s Northwest Territories

Diamond deposits, in the words of one senior geologist, are like pigeons. Where you find one, you're likely to find an entire flock.

Tom Hayes' trio of rare earth project contenders

With the race on to develop non-Chinese REE sources, he suggests three projects likely to end up on the podium.

Outperforming Lucara likely to use its paper to grow

Share price continues to hit all-time highs.

Kennady North Diamonds advances in Northwest Territories

There has been an unusual recovery at site of a high quality white, colourless and transparent diamond measuring approximately 1 millimetre in diameter.

2013 a 'remarkably successful' year for Kennady Diamonds, CEO says

Drilling results far exceeded expectations.