News / Northwest Territories
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Seabridge redesigns project mine plan
Preliminary feasibility study envisions production of 2.5 million ounces of gold at Courageous Lake. Amid the recent surge of interest in mining lithium and rare earth elements, some companies... — Updated 4/26/2024
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 Full story
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
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
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
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
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
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
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
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
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
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
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