Resource development remains the principal driver of the Northwest Territories economy. This is why the Government of Canada is investing $5.1M in two projects that will support resource development in the Slave Geological Province (SGP).
Newsroom (backgrounders only)
The Government of the Northwest Territories (GNWT) and Fortune Minerals signed a Socio-Economic Agreement (SEA) this morning at event that took place during AME Roundup in Vancouver.
The SEA will see Northwest Territories residents benefit from the construction and operation of the proposed NICO mine. It provides targets for local employment, local business spending, education and training. It also lays out the GNWT's commitment to provide a healthy, trained workforce from which Fortune Minerals can draw to reach those employment targets.
YELLOWKNIFE (May 1, 2018) – The Government of the Northwest Territories has released its broad vision related to energy and climate change in the Northwest Territories.
The GNWT recognizes that NWT residents are concerned about the impacts of climate change and is committed to a government-wide approach that takes into account northern energy demands and the cost of living, while reflecting international and national commitments to lower greenhouse gas emissions, exploring options for carbon pricing systems, and capturing local alternatives.
YELLOWKNIFE (January 18, 2018) — The Northwest Territories’ (NWT) near-billion-dollar mining industry is seeking a push at a crucial time.
With no industry close to providing the level of economic benefit, jobs, and revenues that mining offers and current operating mines set to begin winding down in 2024, exploration is needed today to ensure the NWT’s next mining projects reach production in time.
YELLOWKNIFE (October 27, 2017) – The Northwest Territories (NWT) Film Commission has introduced a new brand with which it will represent the growing NWT film sector to the world.
The new brand will be formally launched Friday evening at the NWT Film Commission gala celebrating the 11th Annual Yellowknife’s International Film Festival.
YELLOWKNIFE (September 25, 2017) – Tourism numbers reached record heights in the Northwest Territories (NWT) in 2016-17. For the first time, visitor spending surpassed the $200 million mark and over 100,000 visitors travelled to the NWT.
The results bode well for the overall goal of Tourism 2020, the GNWT’s five year strategy for tourism development, which seeks to increase the value of the NWT tourism industry to $207 million annually by 2021.
YELLOWKNIFE (August 2, 2017)— The Northwest Territories is one step closer to developing mineral legislation that reflects the unique circumstances of the mineral sector in the North, and is seeking input from northerners into the development of a Minerals Resources Act.
The Department of Industry, Tourism and Investment (ITI) has begun public stakeholder engagements on the development of the Territory’s first homegrown mineral legislation, and has launched an interactive engagement tool to help solicit feedback.
YELLOWKNIFE (June 14, 2017) – Two airborne geophysical surveys will provide additional insight for prospectors and mineral development companies interested in exploration in the Slave Geological Province of the Northwest Territories (NWT). The studies, developed by the Northwest Territories Geological Survey (NTGS), provide detailed airborne magnetic and electromagnetic survey data from the promising region.
YELLOWKNIFE (JUNE 7, 2017) – Nearly $1 million is being invested in the future of Northwest Territories (NWT) exploration and prospecting thanks to the Government of the Northwest Territories’ (GNWT) signature incentive program.
The Department of Industry, Tourism and Investment announced today the 2017-2018 funding recipients under the Mining Incentive Program (MIP) administered by their Northwest Territories Geological Survey division.
Seven corporate recipients and six prospectors were awarded funding for this coming year.
YELLOWKNIFE (April 3, 2017) — This year’s biggest fur auction yielded strong results for Northwest Territories trappers as they will receive their largest payout in two years.
The annual Saga, American Legend and Fur Harvesters fur auction in Helsinki, Finland drew nearly half-a-million in sales for NWT wild furs sold under the Government of the Northwest Territories (GNWT)-managed Genuine Mackenzie Valley Fur (GMVF) brand — nearly doubling the total from 2016’s auction.