Workers at the Gahcho Kue diamond mine discovered a 68-carat diamond, the largest gem in the mine's short history.
Mountain Province Diamonds, one of the mine's co-owners, made the announcement Monday, saying the find is "very encouraging."
Gahcho Kue is still ramping up to full production after it launched in August. It plans to sell diamonds mined during this ramp-up period in Belgium later in February.
Bidding is now open for the main Giant Mine remediation contract worth hundreds of millions of dollars.
There is no exact price tag for the contract — it's a competitive bidding process. But the cost of remediation is estimated at $600 million, according to the federal government tender posted online last week.
Governments of Canada and the Northwest Territories investing in Canyon Creek all-season access road and other road improvements
Norman Wells, Northwest Territories, January 5, 2017— A thriving economy needs strategic investments in transportation infrastructure to keep people and goods moving efficiently. Investing in modern transportation infrastructure also helps create jobs and improve the quality of life of Northerners.
YELLOWKNIFE (DECEMBER 12) — A dynamic new entrant into the secondary diamond sector is poised to grow diamond manufacturing in the Northwest Territories (NWT).
The Government of the Northwest Territories (GNWT) has approved Almod Diamonds Limited (Almod) as an Approved NWT Diamond Manufacturer.
As the Deh Cho Bridge marked the fourth anniversary of its official opening on Nov. 30, the territorial government says it is on track to pay off the $202-million structure by 2046.
That is according to Ioana Spiridonica, spokesperson for the Department of Transportation.
The GNWT took out a 35-year, $165.4 million loan in bonds in 2011 to pay for the bridge which spans the Mackenzie River at Fort Providence.
YELLOWKNIFE (November 22, 2016) – The Northwest Territories (NWT) said thank you November 17 to a resource and an industry that has made it strong.
Bingjun Wang first dreamed of coming to Canada as an international student when he was 18-years old. But when the Shanghai native was unable to get a study permit, his hopes were dashed.
Now Wang is getting a second chance, as the first person to settle in Yellowknife through the business stream of the GNWT's nominee program for immigrants.
"It's a big decision," he said through a translator about his move to the city this August with his 14-yearold daughter.
YELLOWKNIFE (October 7, 2016) – The Government of the Northwest Territories (GNWT) released tourism visitation and spending numbers for 2015-2016, with visitation numbers matching the highest-ever achieved, and expenditures reaching largest recorded by a significant margin.
YELLOWKNIFE (October 6, 2016) – The Government of the Northwest Territories (GNWT) has released an investment plan for the tourism sector designed to increase the value of the industry in the Northwest Territories (NWT) to $207 million annually by 2021.