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Spring 2017

NWT welcomes new road announcement
People and business in the Northwest Territories welcomed the January 11 announcement of conditional approval of federal funding for the construction of the Tlicho All-Season Road. The road will join the Tlicho community of Whati to the Mackenzie Highway, and also provide improved transportation access for mineral exploration and development.

The most advanced project, Fortune Minerals’ NICO polymetallic project, requires construction of the Tlicho Road to complete project financing, operate the mine, and ship mineral concentrates to southern markets. The new road would not only see Tlicho residents benefit from year-round cheaper access, but also provide more employment and business opportunities with the future NICO mine. The road will enhance investment in the surrounding region, which is known for its significant mineral potential. The road will also enable economic diversification, including development of potential hydro sites that are needed to support industry.

The Mackenzie Valley Environmental Impact Review Board is currently working on an environmental assessment for the project. According to the government media release, confirmation that funding is now available will inform the environmental assessment process in terms of possible timing of construction. The federal government will provide up to 25% of eligible project costs through the P3 Canada Fund.

 

Spring 2017 News:
• Kennady, NexGen co-win Exploration Co. of the Year award at Mines & Money 
• Mosaic says Colonsay potash mine to resume production 
• Fleming College Forestry program celebrates 50 years with alumni reunion
• Forestry companies partner to improve wetland management
• Sabina Gold & Silver Corp optimistic on Black River
• CEMI partners with Pattern Discovery and Wireless Sensor Networks 
• NexGen begins winter drill program at Rook I

• EACOM invests over $13M in Elk Lake Sawmill
• Wesdome drills at Wawa
• NWT welcomes new road announcement
• Mining revenues fall in NWT and rise in Nunavut
• International Lithium/Pioneer Resources announce completion of drilling at Mavis Lake
• First Nations sign Shared Territory Protocol Agreement

 

 
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