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NNSL Business and Industry Stories

Homegrown mine executive finds success

Nunavut’s Alex Buchan is now vice president of corporate social responsibility for TMAC Resources Inc., which operates a gold mine 125 kilometres southwest of Cambridge Bay. Photo courtesy of Alex Buchan.
January 18, 2019 - Ikaluktutiak/Cambridge Bay

One of Nunavut’s three operating mines just became a lot more local: Alex Buchan, born and raised in Nunavut, was promoted to vice president of TMAC Resources Inc. on Jan. 10.

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Hope Bay project gets water licences

TMAC Resources Inc. finished the permitting process to mine two new sites at its Hope Bay project, pictured here last summer. Photo courtesy of TMAC Resources Inc.
January 18, 2019 - Hope Bay

If TMAC Resources Inc. wanted to, it could start mining two new gold projects on its Hope Bay property, 125 kilometres southwest of Cambridge Bay.

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Pot stirred over property values

January 17, 2019 - Yellowknife

Yellowknife residents are in an uproar after receiving property tax assessments showing major increases to the value in their homes, which they fear will translate into a major increase in property taxes.

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An ‘essential’ polytechnic university in Yk comes with $80 million price tag

January 14, 2019 Chris Loreto of StrategyCrop. delivers a commissioned report on the benefits of creating a university based in Yellowknife. Brett McGarry/ NNSL Photo.
January 14, 2019 - Yellowknife

Yellowknife city council were advised Monday to pursue a polytechnic university that could cost an estimated $80 million.

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Worry, shock at expected boat launch closure

January 10, 2019 - Yellowknife

Boaters are expressing worry and “shock” after learning the public boat launch at Giant Mine and neighbouring Great Slave Sailing Club may be inaccessible over much of the next decade as Giant Mine enters the next phase in cleanup.

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Building permit fees get overhaul

NNSL file photo A home under construction in the Grace Lake South subdivision.
January 8, 2019 - Yellowknife

A Yellowknife city councillor and building contractor is hailing the city’s revamped fee structure for building permits, saying it will be much fairer on people building homes.

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‘Voices growing louder’

January 7, 2019 - Yellowknife

In a rare appearance to city council, representatives from the NWT & NU Chamber of Mines will be attending Monday’s Governance and Priorities Meeting to bring awareness about the state of the mining industry.

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Bucket List Tours plans to stay small

December 20, 2018 - Yellowknife

Yellowknife-based business Bucket List Tours has been operating full-time for about a year, but its owner Tracy Therrien has decades of experience in the Northern tourism industry.

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Yellowknife sees largest annual price increase of Northern cities

December 19, 2018

Yellowknifers can look back at 2018 knowing the cost of living continued to get more expensive compared to a year ago.

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More funding for green energy

December 8, 2018

Arctic Energy Alliance’s budget is getting a $9.12-million boost over the next four years.

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Jackfish transformer creates city-wide outage

December 5, 2018 - Yellowknife

A city-wide power outage hit several Yellowknife businesses early Wednesday morning.

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Branching into mining

November 22, 2018 - Yellowknife

For most Grade 11 students, beginning to choose a career path can be daunting, but for young women considering the mining industry it may be even harder.

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Joint ventures bring benefits to Lutsel K’e

November 20, 2018 - Lutsel K'e

Denesoline Corporation keeps finding ways for the Lutsel K’e Dene First Nation to add revenue streams.

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Inuvik wind project to offer high source of energy

November 16, 2018 - Inuvik

The Town of Inuvik has the highest dependency on diesel fuel in the NWT but the Inuvik Wind Generation Project is now well on the way to providing an alternative.

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Caribou facing multiple threats across Canada

November 16, 2018 - Ottawa

Logging and climate change present more of a threat to woodland caribou than mineral and petroleum development say both federal government scientists and industry, but seismic lines, or “highways for wolves”, remain a pervasive threat.

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Nuclear reactors for the North?

November 16, 2018

Economics, geography and “unknown” regulatory complexities makes proliferation of small modular reactors (SMRs) very unlikely in the Northwest Territories says the Canadian Nuclear Association (CNA).

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Record-breaking prices at auction

November 16, 2018

On the cusp of Christie’s Foxfire diamond auction in New York City, a Canadian diamond dealer is bullish on the value of real stones, even with the emergence of De Beers’ lab-grown diamonds.

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Baffinland ships 5.1 million tonnes of ore from Mary River

November 8, 2018 - Mary River

Shipping season has officially closed at the Mary River mine.

Baffinland Iron Mines Corp. announced Nov. 8 its plans to ship ore out from July 24 to October 17 were a success.

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The movers of Goose camp

Taloyoak's Kokiak Peetooloot, left, and Jimmy Porter of Gjoa Haven are Sabina Gold and Silver employees working at the Goose camp, approximately 75 km southwest of Bathurst Inlet. Sabina provides training on various pieces of equipment and puts a great deal of emphasis on safety, Porter says. Photo courtesy of Sabina Gold & Silver.
November 4, 2018 - Kitikmeot

As Sabina Gold and Silver marches toward transforming its Back River gold project into the Kitikmeot’s second gold mine, Jimmy Porter and Kokiak Peetooloot are two of the people keeping things moving, literally.

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Tourism numbers hit record heights in NWT

November 2, 2018

For the first time in a fiscal year, more than 110,000 visitors travelled to the NWT with spending totaling just over $203 million in the process, stated a GNWT news release.

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“Oddball” Internet outage undetermined

October 23, 2018 - Yellowknife

The source of an Internet service outage that impacted part of the city Tuesday afternoon was undetermined at press time.

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Ministers approve Prairie Creek Mine road

Prairie Creek Mine has few regulatory hurdles left to tackle. Photo courtesy of Canadian Zinc Corporation.
October 22, 2018 - NWT

Prairie Creek Mine’s proposed all-season road got its final OK from federal and territorial ministers on Oct. 9, leaving few regulatory hurdles between the mine and production.

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Nunavut mine training under scrutiny

October 19, 2018 - Nunavut

There’s a real risk that Nunavummiut will miss out on jobs as Agnico Eagle expands it workforce, warns John Main, MLA for Arviat North-Whale Cove.

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GNWT not planning to offer airlift compensation

At a bid of $1.75 million, Summit Air, with its fleet of cargo planes, was the successful bidder on the GNWT's airlift contract for Cambridge Bay, Kugluktuk and Paulatuk. photo courtesy of Summit Air
October 17, 2018 - Cambridge Bay/Kugluktuk

There will be no immediate help from the GNWT’s Department of Infrastructure for those who are without vehicles or for businesses that take on extra expense due to the airlift that is replacing sealift.

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Marine Training Centre gets an official opening in Hay River

At the ceremonial ribbon-cutting on Oct. 13 to officially open the Marine Training Centre were, left to right, Deputy Mayor Donna Lee Jungkind; Hay River North MLA R.J. Simpson; Infrastructure Minister and Industry, Tourism and Investment Minister Wally Schumann; Northwest Territories MP Michael McLeod; Chief Roy Fabian of K'atlodeeche First Nation; and Elizabeth Cayen, executive director of the Nunavut Fisheries and Marine Training Consortium. Paul Bickford/NNSL photo.
October 16, 2018 - Hay River

An official opening was held Oct. 13 for the Marine Training Centre, the first facility of its kind in the NWT.

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Airlift to Cambridge Bay, Kugluktuk to begin later this week

The last of the cargo, excluding vehicles, that didn't make it into Cambridge Bay or Kugluktuk by sealift this summer, will be delivered by planes starting later this week. photo courtesy of the Department of Infrastructure
October 16, 2018 - Kitikmeot

If all goes according to plan, the Government of the Northwest Territories’ airlift to resupply Cambridge Bay and Kugluktuk residents will begin later this week.

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Territorial mineral round-up

Diavik’s Stars of the Arctic – from left, Vega, Capella and Altair – are being shown in Antwerp, Belgium and Israel this month. Photo courtesy of Rio Tinto.
October 15, 2018 - NWT

This year’s headlines haven’t been great for the mineral industry. The Conference Board of Canada called the NWT’s economic future “grim” even before Dominion Diamond Mines shelved Ekati’s Jay Pipe expansion in May.

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Court voids tax assessment on Mary River Project lands

Despite repeated attempts by the Government of Nunavut to assess the tax value of the Mary River Project, a September court judgment has nullified its 2016 notice of assessment. NNSL file photo.
October 9, 2018 - Iqaluit

A court ruled that the Government of Nunavut failed to properly notify the Qikiqtani Inuit Association (QIA) and its lessee Baffinland Iron Mines Corp. that the Mary River Project lands were open to tax reassessment.

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Baffinland, QIA sign updated Inuit Impact Benefit Agreement

October 3, 2018

Baffinland Iron Mines Corporation and the Qikiqtani Inuit Association announced the signing of an updated Inuit Impact Benefit Agreement (IIBA) on Wednesday that the company says will strengthen Baffinland’s commitments to Qikiqtani communities.

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Lawsuit possibility raised as final Kitikmeot barge cancelled

The recent buildup of ice in Kitikmeot waters has made conditions much more challenging for the GNWT's Marine Transportation Services division than when this photo was taken in September 2017. The last barge of the season is unable to get into Kugluktuk or Cambridge Bay, causing a huge headache for businesses, municipal governments and residents who are relying on the delivery of those supplies. photo courtesy of the GNWT
October 2, 2018 - Kitikmeot

Ice is preventing the final sealift barge from reaching Cambridge Bay and Kugluktuk and alternative delivery options and compensation measures are being discussed.

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