The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 26 - 50 of 107
With diamond markets rebounding from the COVID-19 downturn, North Arrow Minerals Inc. and partner Burgundy Diamond Mines Ltd. have continued to demonstrate the value of the fancy yellow diamonds in the Q1-4 kimberlite at the Naujaat project in Nunavut. Lying about nine kilometers (5.6 miles) northeast of the hamlet of Naujaat (formerly Repulse Bay) on Nunavut's Melville Peninsula, Naujaat covers 10,742 hectares (26,544 acres) of contiguous mineral leases and claims held by...
Lured partly by proximity to infrastructure in Yellowknife, several companies moved in January to advance exploration in mineral-rich Northwest Territories. The explorers include seasoned diamond and now rare earths hunter North Arrow Minerals Inc., NWT newcomer Gama Explorations Inc., and ambitious junior Gold Terra Resource Corp. North Arrow Jan. 30 reported acquiring a 100% ownership interest in the DeStaffany lithium property from NWT project generator Parnac Resources...
While a small group of dedicated explorers returned in 2022 to advance production and development projects in Nunavut, a growing number of newcomers fanned out across the northern territory in search of a variety of minerals. Some came seeking gold deposits like those being explored and mined by Agnico Eagle Mines Ltd., while others chased historical occurrences of newly designated critical metals, especially copper and certain base metals, now in high demand for... Full story
Mining activity in Northwest Territories held steady in 2022 despite constraints imposed by the ongoing COVID-19 pandemic as a cadre of mainly junior mining companies took up the international challenge to seek out large deposits of critical minerals. Early in the year, government officials noted that industry interest in diamonds, gold, and especially critical minerals boded well for the NWT economy in the coming year. "An exciting new chapter is emerging for mining in the... Full story
"What is the impact of not mining in Alaska?" Liz Cornejo, vice president Dowa Metals & Mining Alaska, asked during the 2022 Alaska's Minerals: A Strategic National Imperative summit. For such a simple question, the implications are enormous. Alaska is practically synonymous with mining. Aside from the strong tourist appeal – which accounts for a large portion of the state's economy – the remaining economic contributors all come from natural resources. Fishing, mining, oil... Full story
North Arrow Minerals Inc. July 28 announced that the final recoveries from an 1,823.6-dry-metric-ton bulk sample collected last year from the Q1-4 diamond deposit indicate the potential for a population of high-value, fancy orange and yellow diamonds in the kimberlite on the Naujaat Diamond project in Nunavut. The results, representing the final 30% (498 dmt) of the bulk sample, is entirely from the A88 unit of the Q1-4 deposit and follows results from the initial 70% of the s...
North Arrow Minerals Inc. April 26 reports the initial diamond recoveries from the first 70% (1,316 metric tons) of a bulk sample collected in 2021 from the Q1-4 diamond deposit at the Naujaat project in Nunavut. "These initial diamond results from the 2021 bulk sample confirm the presence of an important, potentially high value, fancy orange and yellow diamond population in the Q1-4 kimberlite and add significant confidence to past results," said North Arrow Minerals...
With diamond prices climbing while global production is expected to remain flat through 2027, the outlook for diamond explorer North Arrow Minerals Inc. is shining bright. The company Feb. 22 reported progress at its projects across Canada, including work undertaken in 2021 at its advanced diamond project in Nunavut. North Arrow said processing of a 2,000-metric ton bulk sample extracted in 2021 from its Naujaat diamond project located on the Melville Peninsula is about...
North Arrow Minerals Inc. Feb 22 released a processing update from the bulk sampling program at its shared Naujaat diamond project and kimberlite indicator mineral results from samples collected in 2021 from its Pikoo and Loki diamond projects. As its partner Burgundy Diamond Mines Ltd. advances bulk sampling at the Naujaat project in Nunavut, Canada, North Arrow revisited its 100%-owned Loki diamond project in the Lac de Gras region of Northwest Territories. For Naujaat, proc...
Mineral exploration activity in Nunavut intensified in 2021 as mining companies mounted larger and more extensive programs in response to stronger capital markets, government infrastructure initiatives, and the easing of restrictions imposed to curb effects of the ongoing Covid-19 pandemic. Spanning 2 million square kilometers (about 782,000 square miles), the territory has 25 communities and about 39,353 residents, of whom 84% are Inuit. Nunavut has no roads, and all but one... Full story
Mineral exploration activity in Northwest Territories showed signs of revival in 2021, coming on the heels of the slowest year in recent memory. Excited by renewed interest in gold deposits in and around the capital city of Yellowknife and other hot spots after the pandemic-related restrictions of 2020, juniors joined longtime explorers Nighthawk Gold Corp. and Gold Terra Resource Corp. (formerly TerraX Minerals) in hunting for the yellow metal across the 1.14... Full story
As its partner Burgundy Diamond Mines Ltd. advances bulk sampling of the shared Naujaat project in Nunavut, North Arrow Minerals Inc. has been revisiting its 100% owned Loki diamond project in the Lac de Gras region of Northwest Territories. Roughly 35 kilometers (22 miles) southwest of the Ekati Mine and 40 kilometers (25 miles) west of the Diavik Mine, Loki is found in a region known for its rich diamond deposits. Presently, five diamond-bearing kimberlites have been... Full story
The Government of the Northwest Territories Oct. 4 announced that it has partnered with the Canadian Northern Economic Development Agency (CanNor) to provide an additional C$500,000 in funding support for mineral exploration projects in the territory. "The NWT is a resource-rich territory and mining is the biggest source of private-sector jobs and income for our residents. To help industry bounce back from the setbacks of the COVID-19 pandemic and to restore levels of...
Mineral exploration activity is heating up this summer in Nunavut after a yearlong hiatus sparked by restrictions and cautionary moves driven by the COVID-19 pandemic in early 2020. For the northern Canadian territory's two mine operators and a handful of advanced- and early-stage explorers, the outlook for 2021 programs is much brighter. In mid-June, the Government of Nunavut gave Agnico Eagle Mines Ltd. the green light to allow its workers living in the Kivalliq region of...
North Arrow Minerals Inc. June 21 announce the start of a C$5.6 million bulk sampling program at its Naujaat diamond project about nine kilometers (5.6 miles) from the hamlet of Naujaat on the shore of Hudson Bay in Nunavut. This large sampling program is funded by Burgundy Diamond Mines, an Australia-based company formerly known as EHR Resources Ltd. that entered into a deal with North Arrow to earn a 40% interest in the Naujaat project by investing C$5.6 million to collect...
North Arrow Minerals Inc. Feb. 17 announced that a ground geophysics program is underway at its Loki diamond project in the Lac de Gras region of Northwest Territories. Roughly 35 kilometers (22 miles) southwest of the Ekati Mine and 40 kilometers (25 miles) west of the Diavik Mine, Loki is found in a region known for its rich diamond deposits. Five diamond-bearing kimberlites have been discovered across the Loki project area. Partially supported by a Northwest Territories...
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 to be quite productive, even as a global coronavirus pandemic added expensive restrictions to already costly campaigns. Rigorous restrictions imposed by local and federal officials to quell potential outbreaks of the disease at mining camps and prevent its spread to local... Full story
Already headed toward the lowest level of annual mineral exploration spending in nearly two decades, the mining industry in Nunavut got broadsided by the coronavirus pandemic in 2020. Travel and workplace restrictions quickly imposed last spring by federal and local authorities to prevent the spread of the disease to the northern territory led some companies to cancel or postpone planned exploration programs until 2021. In February, Natural Resources Canada released figures... Full story
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 program with an additional C$100,000. In August, the territorial government awarded C$1 million in these grants to 19 junior mining companies and prospectors who proposed mineral exploration programs during the 2020-2021 field season. Normally awarded in the spring, the incentives... Full story
EHR Resources Ltd. Sept. 22 announced that former De Beers Canada CEO Kim Truter has joined its board of directors. "I am delighted to welcome Kim to the EHR board," said EHR Resources Chairman Stephen Dennis. "His wealth of skills and experience in all facets of the diamond industry will be of enormous value as we advance our growth-focused diamond strategy, particularly as we continue to examine international M&A (mergers and acquisitions) opportunities on operating mines...
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 down in the spring remains closed and most explorers have delayed field work until 2021, an intrepid few are reporting pre-pandemic progress and post-pandemic activities. In the spring, the governments of Northwest Territories and Nunavut imposed strict operating guidelines for all...
North Arrow Minerals Inc. Feb. 27 said a geophysical survey program is underway at LDG (Lac de Gras), a 147,200-hectare (363,700 acres) diamond property in Northwest Territories being explored under a joint venture with Dominion Diamond Mines. These ground geophysical surveys are part of a C$3.5 million 2020 exploration program being funded by Dominion. Designed to continue with systematic exploration of this JV project adjacent to the southwest side of the Diavik diamond...
North Arrow Minerals Inc. Jan. 15 reported microdiamond results from the 2019 drilling of the Anchor kimberlite at LDG (Lac de Gras), a 147,200-hectare (363,700 acres) diamond property in Northwest Territories being explored under a joint venture with Dominion Diamond Mines. The C$2.8 million exploration program carried out at LDG in 2019 focused on kimberlite discovery on this prospective property adjacent to the southwest side of the Diavik diamond mine property. This...
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 mines, has entered a prolonged downward slide. The near-term economic outlook for the territory, which covers 1.3 million square kilometers in Canada's central Arctic region, continues to be bleak as its diamond mines that have now passed peak production and replacement projects are in... Full story
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 Timiskaming in Ontario. Much of North Arrow's 2019 work focused on Naujaat, the company's most advanced property. In May, the company announced the start of engineering and cost analysis for a small-scale mobile diamond recovery plant to process bulk samples from Q1-4, one of at least e...
