(87) stories found containing 'Rio Tinto Canada'
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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
Mining Explorers 2016: Unlocking NWT's potential
While most mining jurisdictions have seen sharp drops in mineral exploration spending, such investments in Northwest Territories has largely held steady at about C$100 million annually during the... — Updated 2/3/2018 Full story
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
Mining Explorers 2015: NWT exploration dips sharply
Mineral exploration spending in Northwest Territories dipped sharply in 2015. While the final numbers are not in, Natural Resources Canada predicts exploration and deposit appraisal expenditures in... — Updated 11/1/2015 Full story
Diamonds remain territory's best friend
Thanks to recent progress in development of several major projects in 2014, the outlook for diamond mining in Northwest Territories is suddenly a lot brighter. This is especially good news for the territory's mining industry, which is largely... — Updated 12/21/2014 Full story
Skittish markets hamper metals prices
Scotiabank's Commodity Price Index, after losing significant ground in late 2012, started 2013 on a stronger note, climbing 3.8 percent in January before slipping 0.9 percent a month later, Scotiabank Vice President, Economics Patricia M. Mohr... — Updated 5/26/2013 Full story
Territory sees spurt in mining activity
A challenging economic climate in 2012 failed to impede growth in mining activity in Northwest Territories. As miners struggled to fund their work programs, numerous companies managed to plow ahead in the wake of regulatory improvements, advancing... — Updated 12/30/2012
Explorers scratch surface in south-east
FARO - Legendary mineral explorer W. Douglas "Doug" Eaton hurried forward to greet the group of visitors clambering out of the MD900 helicopter as its whirring blades whipped miniature cyclones of dust in the air. Eaton - unlike many of the... — Updated 8/26/2012
Mining Explorers 2011: NWT: A treasure house of opportunity
The vast landscape of the Northwest Territories is blessed with an abundance of resources. It is a land filled with opportunity, and much of the mineral wealth remains untapped. Mineral explorers and producers are making best efforts to unlock... — Updated 11/6/2011 Full story
Mining Explorers 2011: Shear Minerals Ltd.
SRM: TSXV President and CEO: Pamela D. Strand, M.Sc, P.Geol. Executive Chairman: Julie Lassonde-Gray Vice President, Exploration: Jennifer Burgess Shear Minerals Ltd., a company focused primarily on diamond exploration and development in the... — Updated 11/6/2011 Full story
Rio Tinto seeks diamonds in high Arctic
Rio Tinto Exploration Canada Inc., 60 percent owner and operator of the Diavik Diamond Mine in Northwest Territories is quietly looking for more diamond deposits in Canada's high Arctic. Though the company declined to confirm a start date for its... — Updated 6/26/2011 Full story
Canada's diamond country still sparkles
Growing demand, especially in China and India, is driving intensified diamond exploration, development and mining activities in Northwest Territories. Diamond prices, which plunged during the recession, also have steadily rebounded recently amid he... — Updated 5/29/2011
Prairie Creek inches toward production
All bets are off, but prospects for the project most likely to succeed in becoming the next producing mine in Northwest Territories got a boost recently when its developer commissioned a new feasibility study. Canadian Zinc Corp. in February... — Updated 3/27/2011
2010 Mining Explorers: Gold, other explorers work projects
Diamonds continued to dominate mining production in Northwest Territories in 2010, but other hardrock mineral projects led most of the mineral exploration activity during the year. Yet 2010 is shaping up to be a year of recovery for nearly all of... — Updated 10/31/2010 Full story
2010 Mining Explorers: Kiska gains sole ownership of Whistler
When Rimfire Minerals Corp. and Geoinformatics Exploration Inc. joined forces to form Kiska Metals Corp. in the fall of 2009, the primary objective of the amalgamated junior was to resolve the... — Updated 10/31/2010 Full story
2010 Mining Explorers: NovaGold sets sights on production
Over the past 13 years NovaGold Resources Inc. has grown its resource base from 500,000 ounces of gold to more than 17 million ounces of gold reserves, 14 million ounces of gold resources, plus 150... — Updated 10/31/2010
2010 Mining Explorers: Diavik Diamond Mines Inc.
DDMI President and COO: Kim Truter DDMI Superintendent, Geotechnical Engineering: Sarah Greer DDMI Chief Geologist: David Eichenberg The Diavik Diamond Mine is an unincorporated 60/40 joint venture between Diavik Diamond Mines Inc., a subsidiary... — Updated 10/31/2010
2010 Mining Explorers: Stornoway Diamond Corp.
SWY: TSX President and CEO: Matt Manson, B.Sc. Geo., Ph.D. Geol. Executive Chairman: Eira Thomas Vice President, Exploration: Robin Hopkins, P. Geol. Stornoway Diamond Corp. has a well diversified and highly prospective diamond property portfolio... — Updated 10/31/2010
Diamonds rebound on broader markets
The diamond industry is poised for a turnaround due to recovery in the U.S. market and growth in Asian diamond markets such as China and India, according to a new comprehensive report by Global Industry Analysts Inc. While Europe continues to have... — Updated 9/26/2010
Diamond mines look north for new workers
Two diamond mines in Northwest Territories are vowing to recruit new workers locally rather than continue a longstanding practice of seeking candidates in southern Canada. Diavik Diamond Mines Inc., operator of the Diavik Mine, and De Beers... — Updated 12/20/2009
Mining Explorers 2009: Merged juniors explore Whistler
Kiska Metals Corp. emerged on the Alaska exploration scene as the result of a merger between Geoinformatics Exploration Inc. and Rimfire Minerals Corp. The amalgamated company has a portfolio of... — Updated 11/1/2009 Full story
Mining Explorers 2009: Diavik Diamond Mines Inc.
TSX: HW/NYSE: HWD/RTP:LON & NYSE DDMI Manager Operational Readiness: Richard Storrie DDMI Superintendent, Geotechnical Engineering: Sarah Greer DDMI Chief Geologist: David Eichenberg The Diavik Diamond Mine is an unincorporated 60-40 joint venture... — Updated 11/1/2009 Full story
Mining Explorers 2009: Economy dims North star in 2009
Hampered by a recession-driven drought in capital markets, mineral explorers in the Northwest Territories met the challenges of 2009 with a variety of survival strategies. With significant diamond, precious and base metal projects and prospects at... — Updated 11/1/2009
Recession drives miners into mergers
The recession is taking its toll among mining companies with properties in Alaska and northwestern Canada as mergers and acquisitions surged in this sector during the second quarter, in step with a global industry trend. Companies across the... — Updated 8/30/2009 Full story
Kinross partners with dynamic juniors
Kinross Gold Corp. - operator of the largest gold mine in the Tintina Gold Belt - has embarked on a treasure hunt in hopes of identifying another Fort Knox-like deposit in this gold-rich province.... — Updated 7/26/2009
