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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

  • The Qamutiq building in downtown Iqaluit was one of many properties involved in a nearly $51-million real estate transaction involving Northern Property REIT in 2012. Despite extremely low vacancy rates in Iqaluit, the company has no immediate plans to expand its holdings in the territory. - NNSL file photo
    Northern Property performs
    Lowest vacancy rate across company's holdings in Iqaluit

    Northern Property REIT's most recent quarterly financial results show a consistently decreasing vacancy rate in its Iqaluit holdings, but he company has no immediate plans to expand its property base. ARROW Continued

    See also:
    News LinkFirst Air considers options
    News LinkNew taxi regulations on the table
    News LinkChamber protests rate hikes
    News LinkDiamond sellers push inventory

    Business Briefs
    Wednesday, December 17, 2014

    NWT Metis Nation inks deal

    SOMBA K'E/YELLOWKNIFE - De Beers Canada Inc. and Mountain Province Diamonds (TSX:MPV) have announced an impact benefit agreement with the NWT Metis Nation for the planned Gahcho Kue diamond mine. The agreement puts in place a framework for De Beers and the NWT Metis Nation to work together to develop economic, environmental and cultural programs with Metis nation members.
    Gahcho Kue is a joint venture between De Beers (which owns 51 per cent) and Mountain Province Diamonds (which owns 49 per cent) located 280 km northeast of Yellowknife. Gahcho Kue will employ up to 700 people during two years of construction and approximately 400 during the mine's projected 12-year operational life.

    Behchoko upgrades Internet

    SOMBA K'E/YELLOWKNIFE - Northwestel announced this week that it will launch 15 Mbps Internet service in Behchoko and Hay River.
    The company is claiming the speed will triple what was previously available in either community.
    The announcement is part of Northwestel's January 2013 modernization plan. Over the first year of the plan, Northwestel reports that it has invested almost $44 million as it launched 4G wireless service in 20 communities, upgraded Internet in four communities and installed new network switches in four other communities.

    Northern Property to pay out

    SOMBA K'E/YELLOWKNIFE - The Northern Property Real Estate Investment Trust (NPR.UN - TSX), also known as Northern Property, announced a December monthly distribution of $0.1358 per trust unit, payable Jan. 15 to holders of trust units as of Dec. 31.
    Northern Property is Yellowknife's largest rental property owner, with a portfolio of buildings across the NWT, Nunavut, Alberta, Saskatchewan, Quebec and Newfoundland and Labrador. The company holds $1.65 billion in property made up of 10,681 rental units and 1.14 million square feet of commercial space.

    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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