The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 101 - 108 of 108
Prospects for Nunavut emerging as another major center of diamond production in Canada are rising right along with prices and worldwide demand for the sparkly stones, thanks to small group of dedicated explorers working across the northern territory. Peregrine Diamonds Ltd. and BHP Billiton are reporting ongoing exploration success in eastern Nunavut, while Shear Diamonds Ltd. is mounting a new effort to rehabilitate the closed Jericho Diamond Mine in the west. They and other explorers, including Diamonds North Resources...
No discussion of opening Canada's Far North to mineral resource development could get far without the focus turning to Nunavut, the nation's newest and least-explored territory. At one-fifth the size of Canada, Nunavut contains 1,994,000 million square kilometers, or 770,000 square miles, (nearly three times the size of Texas). Much of the territory is underlain by Archean-aged rocks similar to those found in the most productive geology in Ontario, Quebec, South Africa, Australia, and Brazil. But much of this geology is...
Mineral-rich Nunavut Territory celebrated its 10th anniversary in 2009 and mining explorers seeking diamonds and precious and base metals brought their drills to the party. The territory, home to only 31,000 people living in 25 small, scattered communities, covers 1.9 million square kilometers, or one fifth the land mass of Canada and dwarfs Alaska by nearly 200,000 square miles. Of the young territory's economic prospects, mineral resource development offers perhaps the most long-term potential. "When I started work in...
Hampered by a recession-driven drought in capital markets, mineral explorers in the Northwest Territories met the challenges of 2009 with a variety of survival strategies. With significant diamond, precious and base metal projects and prospects at stake, some companies entered a holding pattern in hopes of waiting out the economic storm, while other forged ahead, adjusting to the new cash-strapped environment as the year progressed. Thanks to record commodity prices, the economy of the Northwest Territories has outpaced the...
TSXV: NAR Chairman, President and CEO: D. Grenville Thomas Vice President Exploration: Gordon Clarke North Arrow Minerals Inc., organized in February 2007 by Strongbow Exploration Inc., is a northern-focused exploration company with a diversified portfolio of gold, silver, base metal, rare metal and diamond properties. North Arrow's exploration activities are conducted under the direction of a management team that has extensive and successful experience in northern Canada. North Arrow's current focus is its Phoenix property...
Producing mines Early in 2008, Tahera Diamond Corp., owner and operator of Jericho Diamond Mine - Canada's third, and Nunavut's first diamond mine - filed bankruptcy and sought creditor protection. Tahera opened the Jericho in 2006 and recovered and processed 155,000 metric tons (average grade of 0.79 carats per metric ton) during the fourth quarter of 2007, resulting in production of 122,500 carats valued at US$11.6 million, compared with US$8.4 million in the third quarter of 2007. However, financial losses were reported...
North Arrow Minerals Inc. has discovered a large, lithium-rich pegmatite in the Aylmer Lake area of the Northwest Territories, about 70 kilometers, or about 43 miles, east of existing winter road infrastructure that services the Ekati and Diavik diamond mines. The Vancouver, B.C-based junior is focused on exploration of a diverse group of gold-silver-base metal-and-diamond-prospective properties in the Northwest Territories and Nunavut Territory. North Arrow Sept. 18 said the northwest trending "Big Bird" pegmatite dike is...
The mining industry is concerned about its future in Canada's Northwest Territories in the wake of the Mackenzie Valley Environmental Impact Review Board's decision in May to recommend against a uranium exploration project that was proposed by Manotick, Ontario-based Ur-Energy. The company hopes to explore near Screech Lake in the Upper Thelon River basin. Canada's Indian and Northern Affairs Minister Jim Prentice will now decide whether or not to accept MVEIRB's recommendation. Uranium exploration is quite similar to the dia...
