The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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North Arrow Minerals Inc. June 21 announce the start of a C$5.6 million bulk sampling program at its Naujaat diamond project about nine kilometers (5.6 miles) from the hamlet of Naujaat on the shore of Hudson Bay in Nunavut. This large sampling program is funded by Burgundy Diamond Mines, an Australia-based company formerly known as EHR Resources Ltd. that entered into a deal with North Arrow to earn a 40% interest in the Naujaat project by investing C$5.6 million to collect...
Already headed toward the lowest level of annual mineral exploration spending in nearly two decades, the mining industry in Nunavut got broadsided by the coronavirus pandemic in 2020. Travel and workplace restrictions quickly imposed last spring by federal and local authorities to prevent the spread of the disease to the northern territory led some companies to cancel or postpone planned exploration programs until 2021. In February, Natural Resources Canada released figures...
EHR Resources Ltd. Sept. 22 announced that former De Beers Canada CEO Kim Truter has joined its board of directors. "I am delighted to welcome Kim to the EHR board," said EHR Resources Chairman Stephen Dennis. "His wealth of skills and experience in all facets of the diamond industry will be of enormous value as we advance our growth-focused diamond strategy, particularly as we continue to examine international M&A (mergers and acquisitions) opportunities on operating mines...
Though world diamond markets remain closed after their shutdown this spring in response to the COVID-19 pandemic, diamond mining in Canada's North is showing signs of life. One mine, Ekati, shut down in the spring remains closed and most explorers have delayed field work until 2021, an intrepid few are reporting pre-pandemic progress and post-pandemic activities. In the spring, the governments of Northwest Territories and Nunavut imposed strict operating guidelines for all...
