News / Northwest Territories

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 By A.J. Roan    News
A Northwestern Air Jetstream in Edmonton, Canada.

Diavik plane crash leaves NWT reeling

Routine flight turns tragedy as six reported dead after crash; authorities, Rio Tinto seek to determine cause. A routine trip on a small Jetstream aircraft on its way to Rio Tinto's Diavik diamond... — Updated 2/1/2024

 
 By Rose Ragsdale    News
Map of the infrastructure near the Cabin Gold project in Northwest Territories.

Junior plans to sell Cabin Lake project

Shifting its immediate focus to potentially more lucrative opportunities in the lithium mining sector, Rover Metals Corp. reported plans Dec. 11 to put its Cabin Lake gold project in Northwest... — Updated 1/17/2024

 
 By Shane Lasley    News
Burst of green northern lights over a crusher at the Nechalacho rare earth mine.

Chinese firm buys Canada's rare earths

Shenghe acquires ore stockpile that symbolized a shift away from China for REEs critical to North America's green energy and high-tech sectors. High-grade ore dug up from a small open pit at Vital... — Updated 12/31/2023

 
 By Shane Lasley    News
Green bands of aurora in the winter sky above sign in front of Nechalacho camp.

Shenghe invests in Canada rare earth mine

Vital Metals turns to Chinese firm to fund Nechalacho, home to first REE mine in Canada. Drifting further away from the original vision of establishing a rare earths supply chain in Canada that... — Updated 11/22/2023

 
 By Shane Lasley    News
A Vital Metals worker walks toward tents illuminated by the morning sun.

Vital Canadian REE company is bankrupt

Over the course of two short years, Vital Metals Ltd. has fallen from a visionary mining company pioneering a first-ever rare earth supply chain in Canada to a delisted Australian firm struggling... — Updated 10/19/2023

 
 By Shane Lasley    News
Photo taken through car windshield by evacuee in line of cars under red sky.

Wildfire forces Yellowknife evacuation

Blaze could reach NWT capital by weekend, 20,000 residents leave; one mining camp burned, wildfires disrupt entire mining sector. The already severe fire conditions across the Great Slave Lake... — Updated 8/31/2023

 
 By Shane Lasley    News
The outcropping Southwest Fi pegmatite dyke dwarfs the drill testing it.

Li-FT shifts gears during NWT wildfires

Investigates Cali lithium project in western NWT; to resume drilling at Yellowknife once the smoke clears. Despite the need to evacuate its Hidden Lake exploration camp due to the extreme wildfire... — Updated 8/24/2023

 
 By A.J. Roan    News
Dozens of solar panels lined out in a snowy field.

Sunshine to power Diavik's sunset years

Rio Tinto to build largest solar plant in Canada's North at diamond mine. Signaling its commitment to clean renewable energy, mining powerhouse Rio Tinto announced its intention to construct the lar... — Updated 8/24/2023

 
 By Rose Ragsdale    News
Large rock face with lithium-bearing pegmatite seen through trees in NWT.

Lithium ignites exploration rush North

Potentially rich deposits of lithium in the terrain near Yellowknife, the capital of Northwest Territories, has spurred a small stampede of mining companies to Canada's north this summer as... — Updated 8/24/2023

 
 By Shane Lasley    News
Large pegmatite dwarfs drill rig testing the lithium-enriched dyke at depth.

Li-FT drills 39 meters of 1.13% lithium

Assays from the first five holes of Li-FT Power Ltd.'s inaugural drill program at Yellowknife Lithium have begun to confirm what is apparent on the surface, this project east of Northwest... — Updated 7/28/2023

 
 By Shane Lasley    News
Large pegmatite dwarfs drill rig testing the lithium-enriched dyke at depth.

Li-FT launches drilling at Yellowknife

With its treasury full and a definitive exploration agreement with the Yellowknives Dene First Nation, Li-FT Power Ltd. has launched a 45,000-meter drill program aimed at unlocking the obvious but... — Updated 6/15/2023

 
 By Shane Lasley    News
A large clear gem-quality diamond recovered from Diavik Mine in Canada’s NWT.

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

 
 By Rose Ragsdale    News
Aerial view of the Osisko’s work camp at the historic Pine Point zinc mine.

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

 
 By Shane Lasley    News
A 71.3-carat yellow diamond with a gemologist loupe and tweezers.

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

 
 By Rose Ragsdale    News
Rocks representing lithium beside a tile with lithium's periodic table data.

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

 
 By Shane Lasley    News
Cheetah Resources and YK Car Share representatives on a snowy Yellowknife day.

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

 
 By Shane Lasley    News
As the sun sets, crews mine rare earths ore from a deposit at Nechalacho in NWT.

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

 
 By Shane Lasley    News
Lithium periodic symbol, rocks, and batteries made from the critical metal.

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

 
 By Rose Ragsdale    News
Close up of the elements zinc, gallium, and germanium on the periodic table.

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

 
 By Shane Lasley    News
A geologist loupe and yellow diamond recovered from the Gahcho Kué Mine.

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

 
 By Rose Ragsdale    News
Northern Lights at a rare earths mining operation in Northwest Territories.

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

 
 By Shane Lasley    News
No. 74 on the periodic table, tungsten is known for its hardness and durability.

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

 
 By Rose Ragsdale    News
Gold Terra Resource Yellowknife City Gold Project map NWT Canada 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

 
 By Shane Lasley    News
Mountain Province Diamonds Gahcho Kué COVID Omicron NWT De Beers Anglo

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

 
 By Rose Ragsdale    News
NorZinc Northwest Territories Canada PEA Prairie Creek project Ausenco zinc lead

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

 

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