Far to the north lies the second largest of Canada's three territories, simply named the Northwest Territories, and within this vast region of more than 400,000 square miles lies its only city, the... — Updated 4/29/2021

Fortune Minerals Ltd. March 17 reported that geophysics carried out last fall has identified five high-priority drill targets for this summer's drill program at the company's Nico... — Updated 3/25/2021

Nighthawk Gold Corp. March 11 reported that the Tlicho Road connecting the community of Whati, Northwest Territories to Highway 3 remains on pace to be completed this fall. Being constructed along... — Updated 3/11/2021

For many mining companies eyeing prospects in Canada's far north, 2020 presented insurmountable challenges. But for the few explorers and producers focused on Northwest Territories, the year proved... — Updated 1/28/2021

As 2020, arguably the most calamitous year for northern mining in decades, drew to a close, the Government of Northwest Territories took the unusual step of topping up its annual mining incentives... — Updated 1/18/2021

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

More than six years after turning its attention to advancing to production the world-class mineral reserves of its Nico project in Northwest Territories, Fortune Minerals Ltd. is again putting... — Updated 10/1/2020

Fortune Minerals Ltd. Sept. 3 announced the start of a geophysical program to further delineate expansion drill targets east of the company's Nico gold-cobalt-bismuth-copper deposit in Canada's... — Updated 9/26/2020

Fortune Minerals Ltd. Aug. 10 announced it is gearing up for an exploration program focused on gold targets on its Nico cobalt-gold-bismuth-copper project in Northwest Territories. A 2014 feasibilit... — Updated 9/26/2020

Resumption of construction of the Tlicho all-season road is good news for Colomac and Nico, two mineral exploration projects in Canada's Northwest Territories. The Tlicho Road is being constructed... — Updated 9/26/2020

As the largest shareholder and chairman of Novagold Resources Inc., a company that owns 50% of the 39-million-ounce Donlin Gold project in Alaska, it is natural for New York billionaire Thomas... — Updated 9/26/2020

Fortune Minerals Ltd. May 7 announced that it continues to make progress on a new mine plan for its Nico cobalt-gold-bismuth-copper project in Northwest Territories during the coronavirus pandemic.... — Updated 9/26/2020

Fortune Minerals Ltd. Nov. 21 announced it has signed an agreement with the Tlicho First Nation for building a road that connects the NICO cobalt-gold-bismuth-copper project to the community of... — Updated 9/26/2020

Fortune Minerals Ltd. Oct. 3 reported that current cobalt markets do not support the idea of developing a larger mine at its Nico cobalt-gold-bismuth-copper project in Northwest Territories. A... — Updated 9/26/2020

Home of the famed golden beaches of Nome that have captured the imagination of millions over the past 120 years, the Bering Straits Native Corporation (BSNC) region covers the Seward Peninsula and... — Updated 9/26/2020

Fortune Minerals Ltd. July 18 reported the discovery of a new zone of copper mineralization at its NICO cobalt-gold-bismuth-copper project in Northwest Territories. This new zone, which is about... — Updated 9/26/2020

Fortune Minerals Ltd. April 23 reported it has entered into an option to purchase an undisclosed alternative site to construct the proposed refinery that would process metal concentrates from the co... — Updated 9/25/2020

Fortune Minerals Ltd. March 26 reported that the Rural Municipality of Corman Park near the town of Langham, Saskatchewan has rejected the company's application for rezoning required to construct... — Updated 9/25/2020

When it comes to attracting mining investment, Alaska, British Columbia and all three Canadian territories rank among the top 20 jurisdictions in the world on the Fraser Institute Survey of Mining... — Updated 9/25/2020

Fortune Minerals Ltd. Feb. 14 reported that the Government of the Northwest Territories has signed an agreement with North Star Infrastructure GP to construct the Tlicho All-Season Road. Following... — Updated 9/25/2020

Fortune Minerals Jan. 30 announced that it has entered into a socioeconomic agreement with the Northwest Territories government for the proposed Nico cobalt-gold-bismuth-copper project about 160 kil... — Updated 9/25/2020

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

Fortune Minerals Ltd. Sept. 17 reported successful results from metallurgical test work aimed at verifying an upgraded and essentially arsenic-free cobalt concentrate can be produced from the Nico... — Updated 9/25/2020

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

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