The mining newspaper for Alaska and Canada's North

Strong economic forecast for Nunavut

Economists expect higher levels of gold & iron ore production North of 60 Mining News – October 6, 2023

Economists at the government of Nunavut are predicting major economic growth in Canada's northernmost territory next year, partly due to increased production and steady commodity prices in its mining sector.

Nunavut Premier P.J. Akeeagok told an audience at the Nunavut Trade Show Sept. 19 that the Nunavut economy is expected to grow by 13.6% in 2024, up from around 7% this year.

"I'm happy to repo...

 

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