Recent News

July 14, 2016

Catherine McKenna, the federal minister for Parks Canada, announced about $21.6 million in funding to chip seal the remaining 64 kilometres of gravel road leading to Wood Buffalo National Park.

"The new surface will make the park more accessible and improve the level of service along this essential regional transportation corridor," McKenna said. 

July 11, 2016

Canada remains in third place by value of production amongst all domand producers in the world, but dropped from fourth to fith place in total carat production.

This is a testament to the Northwest Territories prominence in the world given that Natural Resources Canada indicate that approximately 81% of Canada's diamond production by value and 95% by carats came from the Northwest Territories in 2015 (remainder is from Ontario)

July 8, 2016

TerraX Minerals has raised $7 million to fund what it calls "an aggressive drilling program" just outside of Yellowknife this winter.

The Vancouver-based mining company raised the money through the private sale of 17,500,000 shares.

 

Read the full story here

July 8, 2016

Nine bridges and three community access roads in N.W.T. will be upgraded in $80.9 million worth of transportation infrastructure projects announced Thursday. 

The federal government will provide $60,675,000 through the Small Communities Fund and the Northwest Territories will contribute the remaining $20,225,000 to fund the N.W.T. Highway improvement Initiative.

Read the full story here

July 8, 2016

The NWT Chamber of Commerce reports on the economic overview of the NWT.

Read more here

May 29, 2015

KITIKMEOT
Sabina Gold and Silver have released a report about its feasibility study of its Back River Gold Project, projecting a mine-life of 10 years and production estimated at 350,000 ounces of gold per year. 

Karen K. Ho
Northern News Services
Friday, May 29, 2015

May 27, 2015

SOMBA K'E/YELLOWKNIFE 
Yellowknifer, May 27, 2015 - When the Yellowknife Chamber of Commerce sent out a survey about a plan to tax localized businesses to make improvements in their areas - called business improvement districts - first impressions definitely weren't great. 

May 27, 2015

Karen K. Ho
Northern News Services
Wednesday, May 27, 2015

SOMBA K'E/YELLOWKNIFE
Dominion Diamond recently released the production and sales results of their Ekati and Diavik mines for their fiscal first quarter of 2016. 

May 25, 2015

LLI GOLINE/NORMAN WELLS-NWT & Nunavut News/North

There's an estimated 191 billion barrels of shale oil in two fields in the Sahtu region, according to an evaluation by the territorial government and National Energy Board released May 22.

May 22, 2015

CBC Special Report, Thursday, May 21, 2015, 7:40 a.m.