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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



  • Miramar Northern Mining Co. managers Scott Stringer, left, and Dwight Grabke answer questions about the Con Mine reclamation status report at a discussion session held at the Explorer Hotel Tuesday. - Meagan Leonard/NNSL photo
    Con Mine clean by 2017
    Majority of reclamation projects to be completed over next two years

    All major reclamation work at the former Con Mine site should be completed by 2017, the public heard at an open meeting at the Explorer Hotel - including demolition of the iconic Robertson Headframe. ARROW Continued

    See also:
    News Link7.75 per cent raise for village employees over three years
    News LinkBistro takes on new look
    News LinkCabbies ramp up technology
    News LinkAvalon wins award



    Business Briefs
    Monday, May 18, 2015

    Labour force shrinks

    NWT - A new report from Statistics Canada says that more people in the territory withdrew themselves from the labour force.
    In April of this year, NWT's labour force totalled 23,200 people compared to last month's total of 23,600 resulting in a one per cent drop in the participation rate to 72.3 per cent. With a total population of 32,100 residents recorded in April, the territory's employment rate was 67.3 per cent. By comparison, Canada's employment rate for the month was 60.4 per cent.
    However, the number of unemployed fell from 1,900 in March to 1,600 in April.
    The report also noted that the number of full-time employees in the territory continued to fall, from 19,600 in April 2014, to 19,400 in March 2015, and 19,000 in April of this year, a month-to-month drop of 400 persons and a year-to-year drop of 600.

    North Arrow announces $3 million private placement

    VANCOUVER - Diamond exploration company North Arrow Minerals Inc. (TSXV-NAR) has announced that Dundee Securities Ltd. and a syndicate that includes Haywood Securities Inc.
    (collectively, the “Underwriters”) have agreed to purchase 3.1 million flow-through common shares of the company through a private placement at a price of 95 cents per share, for a total of just more than $3 million.
    The company is currently evaluating two diamond projects in the territory, named Redemption and Lac de Gras.

    NWT Tourism Industry Scholarship

    NWT - Northwest Territories Tourism is holding its scholarship program for another year.
    Once again, a qualified NWT student that is in an accredited tourism and hospitality program at a post-secondary institution during the 2015/2016 academic year will be chosen to receive $1,500 in funding. The deadline to apply is June 19 at 5:00 p.m. MST.

    Labour force rises by 16.1 per cent

    IQALUIT - A new report from Statistics Canada says the number of people employed rose from 3,500 in April 2014 to 4,100, an increase of 600 people or 16.2 per cent. The city's participation rate and employment rate also rose 1.8 per cent and 3 per cent, respectively.
    During this period the number of Iqaluit's Inuit population rose from 1,300 in April 2014 to 1,600 this year, an increase of 23.1 per cent.
    Notably, employment among the male population of the city grew from 1,700 in April 2014 to 2,100 in April 2015, a growth of 400 people or 24 per cent. The number of employed youth between the ages of 15 and 24 also rose from 300 to 400 people, an increase of 33.3 per cent.

    Peregrine announces partial drill results from Chidliak

    VANCOUVER - Peregrine Diamonds Ltd.(TSX:PGD) recently announced the completion of a large drilling component of its 2015 diamond resource development program at its Chidliak diamond project, 120 kilometres northeast of Iqaluit. During the company's winter program, six large holes were drilled, resulting in the collection of 558.5 wet tonnes of material.
    Peregrine said the lack of snowfall this winter along with spring weather conditions at the site meant its drilling program has ended prior to drilling at two other expected sites. A core drilling program is also planned for this summer.
    Peregrine plans to complete a preliminary economic assessment in 2016 as scheduled. On May 14, shares of the company closed at 33 cents, down half a cent or 1.5 per cent.

    North Arrow announces $3 million private placement

    VANCOUVER - Diamond exploration company North Arrow Minerals Inc. (TSXV-NAR) has announced that Dundee Securities Ltd. and a syndicate that includes Haywood Securities Inc.
    (collectively, the “Underwriters”) have agreed to purchase 3.1 million flow-through common shares of the company through a private placement at a price of 95 cents per share, for a total of just more than $3 million.
    The company is currently evaluating several diamond projects in the territory, including Qilalugaq, Mel and Luxx.



    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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