Exploration spending peaks in Nunavut

The government of Nunavut reported figures in early November suggesting the Canadian territory is heading for its eighth year of record spending on mineral exploration and development.

A sector that injected about C$26 million into the economy in 1999 is now expected to pump in more than C$256 million in 2007. That's nearly one-quarter of Nunavut's entire gross domestic product and a 17 percent ju...