Yukon to invest C$900,000 to attract more explorers
Last updated 1/31/2016 at Noon
The Government of Yukon Jan. 25 said it will provide nearly C$1 million to support a three-year mining attraction initiative spearheaded by the Yukon Mining Alliance, a group of mining and mineral exploration companies focused on promoting Yukon's competitive advantages as a top mineral investment jurisdiction.
"In 2013, the Government of Yukon and the Yukon Mining Alliance launched strategically planned investment attraction initiatives in a manner that is led by industry and supported by Yukon government," Economic Development Minister Stacey Hassard said.
"This cooperative effort has provided for strong collaboration and valuable global investment attraction promotion projects and is a significant component of the Yukon Mining Investment Attraction Strategy." Building on this partnership, the Yukon government has committed up to C$300,000 annually over the next three years towards this initiative.
The Yukon Mining Alliance will be contributing an additional C$33,500 per year annually over the same period, and in consultation with the Government of Yukon, will design, deliver and manage the promotion and advertising of a series of events from 2016 to 2019.
The Yukon government said this funding allows the public-private partnership to continue to shape the investment landscape in Yukon for the benefit of all Yukoners and position the territory for the rebound of mineral commodities.