(137) stories found containing 'Ekati'
Sorted by date Results 26 - 50 of 137
Canada's territories brace for pandemic
The territories of northern Canada, so far, appear to have escaped the novel coronavirus pandemic that is currently sweeping the globe. This is due, in part, to the remoteness of the region. But... — Updated 2/4/2022 Full story
Explorers guard 2018 spending
Explorers seeking new mineral discoveries in the Northwest Territories are expected to spend less in 2018 than the C$90 million they shelled out collectively last year. Natural Resources Canada... — Updated 10/28/2020 Full story
Pandemic curbs diamond mining, markets
Though world diamond markets remain closed after their shutdown this spring in response to the COVID-19 pandemic, diamond mining in Canada's North is showing signs of life. One mine, Ekati, shut... — Updated 9/26/2020
China, U.S. investors take the long view
Until novel coronavirus ignited a global pandemic that plunged the world economy into recession, foreign investors, except for a lucky few, have salivated from afar over the bountiful mineral... — Updated 9/26/2020
COVID-19 shutters Ekati, owner insolvent
Northwest Territories' mining sector took a major blow with the news that Dominion Diamond Mines, majority owner of the Ekati diamond mine and 40% owner of the Diavik diamond mine has filed for inso... — Updated 9/26/2020 Full story
Mine co-owner seeks diamonds next door
The quest for diamonds at the Kennady North project next door to the Gahcho Kué Mine in Northwest Territories got a boost on Feb. 27 when owner Mountain Province Diamonds Inc. reported plans to beg... — Updated 9/25/2020
Mines drive growth across Canada's North
New gold mines are expected to drive strong economic growth in Nunavut and Yukon over the next several years, according to the latest Territorial Outlook published by The Conference Board of... — Updated 9/25/2020
Territory stumbles in race for riches
Northwest Territories may fall behind Canada's two other territories in mining activity in the near-future, but projects underway in the northern jurisdiction hold substantial promise for mid- to... — Updated 9/25/2020
Mining fuels economic growth in the North
Mining is expected to fuel strong economic growth in Nunavut and Yukon in the coming years, according to The Conference Board of Canada's latest Territorial Outlook. "With many new mining projects... — Updated 9/25/2020
Bigger Kahuna diamond program planned
Dunnedin Ventures Inc. April 5 said it is expanding its 2018 exploration program at Kahuna, a large diamond property about 16 miles (26 kilometers) northeast of Rankin Inlet and adjacent to Agnico Eagle's Meliadine gold mine. Two kimberlites on... — Updated 9/24/2020
North Arrow discovers kimberlite at Loki
North Arrow Minerals Inc. April 5 announced the discovery of a new kimberlite during a 607-meter drill program carried out this winter at the company's Loki diamond project in the Lac de Gras... — Updated 9/24/2020
Margaret Lake plans for diamond drilling
Margaret Lake Diamonds Inc. March 12 said it is putting together plans for potential 2018 drill programs at its Margaret Lake and Diagras diamond properties in the Northwest Territories. The company said it has identified six drill targets at... — Updated 9/24/2020
North Arrow starts Loki discovery drilling
North Arrow Minerals Inc. March 5 announced the start of 2018 exploration drilling at Loki, a diamond project in the Lac de Gras region of Northwest Territories. Roughly 30 kilometers southwest of t... — Updated 9/24/2020
Bumpy ride ahead for NWT mining
While mining activity remained strong in the Northwest Territories in 2019, industry and government officials alike worried that the robust sector, driven largely by production at three diamond... — Updated 8/14/2020 Full story
North Arrow lands Naujaat diamond plant
North Arrow Minerals Inc. is exploring seven diamond projects in Canada – Naujaat, Mel and Luxx in Nunavut; Lac de Gras (LDG) and Loki in Northwest Territories; Pikoo in Saskatchewan; and... — Updated 8/14/2020
ME2018: Dominion Diamond Mines
The Washington Companies, a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis Washington, acquired Dominion... — Updated 11/23/2018 Full story
ME2018: North Arrow Minerals Inc.
North Arrow Minerals Inc. is focused on the identification and evaluation of its seven diamond projects in Canada – Naujaat, Mel and Luxx in Nunavut; Lac de Gras and Loki in Northwest Territories;... — Updated 11/1/2018 Full story
ME2018: Dunnedin Ventures Inc.
Dunnedin Ventures Inc. is focused on exploring Kahuna, a large diamond property about 16 miles (26 kilometers) northeast of Rankin Inlet in Nunavut. Two kimberlites on the property – Kahuna and... — Updated 11/1/2018 Full story
Dominion agrees to US$1.2B acquisition
Dominion Diamond Corp. July 17 reported that it has reached an agreement to be bought by The Washington Companies in a deal worth roughly US$1.2 billion. Owned by billionaire Dennis Washington, The... — Updated 3/14/2018
Washington Companies buys Dominion Diamond
Dominion Diamond Corp. Nov. 1 announced that it has closed the deal to sell all of its outstanding shares to The Washington Companies for US$14.25 per share, worth roughly US$1.2 billion. Founded by... — Updated 1/25/2018 Full story
Mining Explorers 2017: Dominion Diamond Corp.
Dominion Diamond Corp. budgeted US$9 million for exploration around the diamond-rich Lac de Gras region in the Northwest Territories, including a renewed focus on exploration drilling on the Ekati M... — Updated 1/24/2018
Mining Explorers 2017: Discovering NWT's mining future
With the opening of Gahcho Kué, Northwest Territories is reaping the rewards of past exploration spending across the vast diamond-rich expanse of northern Canada. In fact, the new diamond mine is... — Updated 1/24/2018 Full story
Billionaire makes bid for Dominion Diamonds
Dominion Diamond Corp. March 19 confirmed that it has received an unsolicited US$1.1 billion buyout bid from Washington Corporations, a group of companies owned by billionaire Dennis Washington. Dominion said the preliminary expression of interest... — Updated 1/18/2018
Dominion steps up exploration in NWT
Dominion Diamond Corp. April 12 provided an update on its exploration and development pipeline in the Northwest Territories. This includes the advancement of its portfolio of development projects at... — Updated 1/16/2018
Dominion decides to move HQ to Calgary
Dominion Diamond Corp. Nov. 7 announced plans to relocate its corporate office from Yellowknife, Northwest Territories to Calgary, Alberta. This relocation will impact roughly 100 of the company's... — Updated 11/13/2016