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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

  • An aerial view of the Diavik Diamond Mine, located 300 km northeast of Yellowknife. The company announced last week that it would proceed with the US $350 million development of the A21 kimberlite, meaning production consistency for the company and increased mine employment. - photo courtesy Diavik Diamond Mines Inc.
    More jobs at Diavik
    Rio Tinto approval of US $350 million A21 project expands workforce requirements and Northern investment

    Rio Tinto and Dominion Diamond Corporation will move forward on the US $350 million development of the A21 diamond kimberlite pipe at the Diavik diamond mine, located approximately 300 km northeast of Yellowknife.
    ARROW Continued

    See also:
    News LinkGala to push for historical centre
    News LinkTamarack grew with industry
    News LinkFestive spirit gets underway

    Business Briefs
    Wednesday, November 26, 2014

    Rock talk kicks off

    SOMBA K'E/YELLOWKNIFE - The Yellowknife Geoscience Forum opened yesterday, bringing academics, business representatives and government staff together to examine the latest developments in mining and exploration.
    As of Monday, more than 650 delegates had registered for the 42nd annual event, putting it on pace to attracting more than 800 delegates this year.
    "It might be down a little bit (from last year), but I'd say it's similar," said Cheryl Wourms, office manager at the NWT and Nunavut Chamber of Mines.
    The chamber hosts the event in collaboration with the NWT Geoscience Office, and finishes up tomorrow.

    Prices rise as employment drops

    SOMBA K'E/YELLOWKNIFE - For the 12-month period ending last month, the consumer prices increased by almost two per cent for all major goods and services in Yellowknife, according to data released by Statistics Canada earlier this month.
    Exceptions included recreation, reading and education.
    The largest change involved a seven per cent increase in the cost of water, fuel and electricity. The cost of store-bought food increased more than five per cent, with the sharpest increase occurring in the past four months.
    By comparison, the annual price increase nationally was two per cent, 2.2 per cent for Edmonton and less than one per cent for Whitehorse.
    Meanwhile, the employment rate dropped by two per cent last month, representing approximately 600 people, according to Statistics Canada.
    The 21,400 people employed in the NWT represent an employment rate of more than 67 per cent, compared to the national average of slightly more than 62 per cent.
    The number of people not in the labour force has increased for the past three months to 8,700, which is the highest that figure has been since January 2011.

    Francophone recruiters Europe-bound

    SOMBA K'E/YELLOWKNIFE - Recruiters with le Conseil de developpement economique des Territoires de Nord-Quest (CDETNO) were in Europe this past weekend seeking skilled workers to fill NWT jobs.
    The representatives of the Yellowknife-based Francophone economic development organization attended the Destination Canada job fair, held in France and Belgium.
    Audrey Marceau, immigration, recruitment and career officer with CDETNO, and executive director, Anne-Christine Boudreau, promoted about 10 job offers from approximately six NWT employers from Nov. 18 to 20 in Paris and in Brussels on Nov. 22.
    Last year, five European workers came to settle in the NWT following Destination Canada.
    According to Antoine Gagnon, CDETNO communication and marketing officer, the organization is already fielding calls from prospective workers.
    "I've been receiving a lot of e-mails and calls from Europeans wanting more information," he told Yellowknifer on Monday.
    The next step will be to bring the candidates to the NWT in coming months for face-to-face interviews, he added.

    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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