Mining Insider, Mines, Northwest Territories Rover Metals Corp. announces 3D interpretative exploration model for the Cabin Lake Gold Project. Rover Metals is a natural resource exploration company specialized in Canadian precious metal resources, specifically gold.
active mining companies northwest territories in ukraine. Aug 13 2020 · Northwest Territories is a territory whose primary industry is mining The region has had some ...
Northwest Territories is a territory whose primary industry is mining. The region has had some successful gold mines in the past, but currently no producing gold mines are present.
In the Northwest Territories and Nunavut, mining has spent $18.6 billion with northern businesses, many of which are Indigenous-owned. Two-thirds of the money spent to operate the mines, goes to dozens of northern companies. Photo: Diavik Diamond Mines. Mining means big business
The Northwest Territories NWT is rich in mineral resources and the responsible development of these resources provides long-term economic benefits for all NWT residents. As of April 1, 2014, the Department of Industry, Tourism and Investment ITI is responsible for the administration of mineral exploration activities on public lands in the NWT.
Lo ed at Kennady Lake, approximately 280 km northeast of Yellowknife and 80 km southeast of De Beers’ Snap Lake Mine in the Northwest Territories, the Gahcho Kué Mine is a joint venture between De Beers Canada Inc. 51% and Mountain Province Diamonds Inc. 49% .
The Mining Incentive Program is modeled after successful incentive programs offered by other Canadian juridictions. In 2017, funding for the program was increased from $400,000 annually to $1 million in order to better support the future of exploration in the Northwest Territories.
Mining is a major part of the economy sustaining the Northwest Territories. The area is widely known for producing a vast amount of valuable metal ores including gold, zinc, lead and even uranium. A large number of mines have been opened and closed in the vast area covered by the Northwest Territories in the course of its history.