News / Northwest Territories
Sorted by date Results 1 - 25 of 33
Celebrating 20 years of Diavik diamonds
Rio Tinto reflects on extraordinary people, spirit and innovation behind Far North Canada diamond mine. Rio Tinto celebrates the extraordinary people, award-winning innovation, and pioneering... — Updated 5/18/2023
Firm closes deal to develop Pine Point
Osisko Metals Inc. has finalized a joint-venture agreement with one of the world's leading mining and metals investment advisors that could propel its Pine Point project in Northwest Territories... — Updated 5/11/2023
Burgundy set to buy Ekati diamond mine
Agrees to $136M deal to acquire full ownership of Northern Canada diamond mine. Toward its goal of building a balanced portfolio of the world's best diamond projects in favorable jurisdictions,... — Updated 3/23/2023
Lithium-rich projects lure NWT explorers
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... — Updated 2/16/2023
Cheetah supports Yellowknife EV sharing
In a move that helps provide a tangible link between the rare earth elements produced in Northwest Territories and the green technologies they enable, Cheetah Resources is sponsoring an electric... — Updated 1/26/2023
A Vital pivot in rare earths strategy
Following an AU$45 million (US$31.6 million) infusion of cash in July, Vital Metals Ltd. has gone through some significant changes that are being reflected in a new strategy that slows the ramp-up... — Updated 1/12/2023
Li-FT for Northwest Territories lithium
Li-FT Power Ltd., a relatively new junior exploration company led by a team with a track record of discovering and financing mineral projects, has acquired an exciting hardrock lithium project that... — Updated 1/5/2023 Full story
Fireweed targets Gayna River minerals
On the heels of its successful Macmillan Pass zinc-lead exploration play in eastern Yukon Territory, Fireweed Metals Corp. is making a bid to expand its project portfolio in what may be an astute... — Updated 12/8/2022
Mountain Province sees up, downs in Q2
Strong diamond prices are helping Mountain Province Diamonds Inc. overcome higher diesel costs, a slower-than-expected post-COVID ramp up of operations, and a primary crusher bearing failure during... — Updated 7/28/2022
Vital eyes more advances at Nechalacho
Though the 2022 field season is scarcely underway, Vital Metals Ltd., Canada's first rare earths producer, is already eyeing a second banner year at its Nechalacho REE mining operation in Northwest... — Updated 6/27/2022
Fireweed Zinc cuts deal to buy Mactung
Fireweed Zinc Ltd. has agreed to buy the Mactung tungsten project from the Northwest Territories government for C$15 million (US$11.8 million), an acquisition that further expands the company's... — Updated 6/16/2022
Junior targets 2 million oz gold in 2022
As final assays of its productive 2021 exploration program roll in, Gold Terra Resource Corp. is working on a plan to boost the 1.2-million-ounce inferred resource of its Yellowknife City Gold... — Updated 2/10/2022
Gahcho Kué deals with new COVID outbreak
With a new outbreak of COVID-19 cases, the ongoing coronavirus pandemic continues to be a challenge for the Gahcho Kué diamond mine in Canada's Northwest Territories. When it comes to the mining... — Updated 1/6/2022
NorZinc races toward mine development
NorZinc Ltd. appears headed into the home stretch in its decades-long marathon to bring to production the Prairie Creek zinc mine project in southern Northwest Territories. The junior, formerly... — Updated 11/4/2021
Nechalacho invests sticky dollars in NWT
From more than 75% of its workforce and contractors being Canada's First People to sourcing goods and supplies from over 100 local suppliers, Cheetah Resources Corp. is committed to flowing... — Updated 10/12/2021
Junior aims to produce gold in 2021
The Mon gold project, currently the only fully permitted gold mining project in Northwest Territories, is advancing toward new production later this year. The project is located about 40 kilometers... — Updated 8/26/2021
Rare earths are now being mined in Canada
On June 28, First Nations mining contractor Nahanni Construction Ltd. dug a scoop of ore from the North T open pit at Vital Metals Ltd.'s Nechalacho project in Northwest Territories that marked a... — Updated 7/15/2021
Vital mines 12-kilogram REE bulk sample
Racing to become Canada's first miner of rare earth elements, Vital Metals Ltd. had clocked another milestone by producing a 12-kilogram sample of rare earth carbonate in a bulk sampling program at... — Updated 5/27/2021
Quick 2021 start at Vital rare earth mine
Advancing at a pace not typically seen in the mining industry, Australia-based Vital Metals Ltd. has surpassed several milestones during the first quarter of 2021 toward its goal of producing rare... — Updated 5/27/2021
Vital REE mining in Northwest Territories
On track to begin the initial phase of rare earth production at the Nechalacho project in Northwest Territories later this year, Vital Metals Ltd. has launched a drill program to prepare for the... — Updated 5/26/2021 Full story
Government offers more mining incentives
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 Full story
Mountain Province looks forward to 2021
After enduring the multiple challenges of being a diamond miner through the COVID-19 pandemic, Mountain Province Diamonds Inc. ended 2020 strong and is positioned well for 2021. "Under very... — Updated 1/14/2021
Junior advances project at Pine Point
During the most challenging mining season in nearly 20 years brought on by constraints imposed by the coronavirus pandemic, one mineral exploration company has forged ahead in its quest to develop... — Updated 11/25/2020
Fortune resumes exploration near Nico
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
Osisko encouraged by Pine Point Mine PEA
Reestablishing a mine at Osisko Metals Inc.'s Pine Point zinc-lead project in Northwest Territories could be profitable, according to the preliminary economic assessment released on June 15. The... — Updated 9/26/2020