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Corporate News
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These links access press releases in Adobe PDF format

August 2014

August 26, 2014

  • TerraX Drills 22.42 m @ 6.35 g/t Au, Inclusive of 5.16 m @ 18.40 g/t Au, at Barney Shear Zone, Yellowknife City Gold Project

    July 2014

    July 2, 2014

  • Kivalliq Energy Announces $1.1 Million Financing

    June 2014

    June 25, 2014

  • Peregrine Provides Chidliak Project Update and Encouraging Diamond Results from the CH-46 Kimberlite

    April 2014

    April 30, 2014

  • Avalon Receives Land Use Permit to Start Pre-Construction at the Nechalacho Rare Earth Elements Project

    More press releases on
    archive page

  • A snow-ski equipped DC-3 comes in for a landing near Peregrine Diamond's Chidliak property. The company is reporting almost 15 per cent more carats in one kimberlite as the company begins its 2015 drill program. - photo courtesy Peregrine Diamonds Ltd.
    Peregrine reports carat increase

    Following last year's drilling program, Peregrine Diamonds Ltd. (TSX:PGD) has updated resources on three kimberlites (CH-6, CH-7, CH-44) located on the company's Chidliak property, approximately 120 km east of Iqaluit. ARROW Continued

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    Business Briefs
    Wednesday, January 28, 2015

    NWT red taped

    SOMBA K'E/YELLOWKNIFE - The Canadian Federation of Independent Business gave the NWT a failing grade when it comes to red tape for small business.
    The annual ranking of Canadian jurisdictions in terms of how their governments work with - or against - small business and entrepreneurs came out last week. The NWT received and "F" grade, the lowest of any jurisdiction in Canada (Nunavut was not included in the survey). This is decline from the "D-" the NWT received last year from the CFIB. The highest ranked jurisdiction was British Columbia, which received an “A” grade this year and last.

    Spending update

    NWT - Natural Resources Canada has updated its estimates for 2014 spending on mineral exploration and deposit appraisal in the North. According to the most recent estimates, based on September projections, spending in the NWT is up 32 per cent over last year to $102.6 million; spending in Nunavut is down 43 per cent of last year to $148.1 million; and spending in Yukon is down 13 per cent to $87.9 million. Junior mining companies accounted for 55 per cent of the total spending in the NWT, and 52 per cent of spending in Nunavut. The final report on 2014 spending is not expected until March.

    Long-term free fall predicted for dollar

    SOMBA K'E/YELLOWKNIFE - According to the Globe and Mail, investment house Goldman Sachs Group Inc. has cut its three month forecast on the Canadian dollar to US $0.78, down from $0.84. Goldman Sachs has also cut its 12-month outlook to $0.76, down from $0.82. Citing information delivered via a non-public Goldman Sachs financial news service, the Globe reports the decline is blamed on falling oil revenues. The long term forecast is for a $0.71 dollar in 2017.

    Market reports

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    NWT and Nunavut Mining

    This report highlights what's happening in Nunavut and Northwest Territories Mining industry.

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