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Nunavut’s federal borrowing limit rises to $1.05B – Nunatsiaq News
Mar 21, 2025 Previous cap was $750M; finance minister doesn’t expect borrowing spree with higher limit Nunavut can now borrow up to $1.05 billion. The federal government has increased the territory’s borrowing limit, up from $750 million, Nunavut Finance Minister Lorne Kusugak announced last week in the legislative assembly. “We have carefully managed our borrowing […]
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Chamber of Mines Applauds Arctic Defense Initiatives, Calls for Focus on Critical Minerals Development
(Yellowknife, NT –March 20, 2025) The NWT & Nunavut Chamber of Mines (the “Chamber”) commends the Government of Canada and the territorial governments of Nunavut and the Northwest Territories for their continued commitment to strengthening Arctic defense and security. The recent investments in radar systems, military presence, and infrastructure are critical steps in asserting Canada’s […]
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Mountain Province Diamonds Announces Completion of Refinancing Transactions
TORONTO and NEW YORK, March 19, 2025 – Mountain Province Diamonds Inc. (“Mountain Province” or the “Company”) (TSX: MPVD) (OTC: MPVD) today announces the closing of the refinancing transactions (the “Refinancing Transactions”) announced on February 25, 2025. Concurrently with the closing of the Refinancing Transactions, the Company has delivered a funding request for US$20M pursuant to the bridge credit facility agreement […]
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Economic summit to determine ‘vision of Dehcho’s future’ – Cabin Radio
March 19, 2025 Organizers hope next week’s Dehcho Economic Development Summit, in Fort Simpson, can give the region a “unified voice” in resource management and beyond. The summit, being staged by Indigenous leaders from various Dehcho communities, is billed as the first event of its kind. Scheduled speakers include Chief Clarence Louie of the Osoyoos […]
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Glencore plc: Publication of 2024 Annual Report
18 March 2025 Glencore plc announces that it has today published its Annual Report for the year ended 31 December 2024 as required by the Disclosure Guidance and Transparency Rule 4.1.3 R and 6.3.5 R, which is available on its website at https://www.glencore.com/publications. A copy of the 2024 Annual Report will be submitted to the […]
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Government of Nunavut celebrates the grand opening of Kimmirut Air Terminal Building
Kimmirut, Nunavut (March 14, 2025) – The Government of Nunavut (GN) is proud to announce the official grand opening of the Kimmirut Air Terminal Building, marking a key milestone in the expansion and modernization of Nunavut’s airport infrastructure. The Kimmirut Air Terminal Building is the first of six new state-of-the-art facilities built to enhance Nunavut’s […]
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New Gold Announces Tender Offer for its 7.50% Senior Notes due 2027
TORONTO, March 4, 2025 – New Gold Inc. (“New Gold” or the “Company”) (TSX: NGD) (NYSE American: NGD) announced today that it has commenced a cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding senior notes (the “Notes”) listed in the following table upon the terms and conditions described in New Gold’s […]
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Hay River cuts ribbon on new power deal, hoping to save up to 20% – Cabin Radio
March 4, 2025 The Town of Hay River said on Monday it hopes residents will save up to a fifth on their power bills as it began a 15-year electricity franchise agreement with the NWT Power Corporation. A protracted legal and regulatory dispute meant a town decision to switch distributors, taken almost a decade ago, […]
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Nunavut exploration expenditures increase for 2025, NWT on par with 2024
Yellowknife, NT (March 3, 2025): The latest Federal statistics from Natural Resources Canada (NRCan) project 2025 exploration and deposit appraisal spending to remain flat in the NWT, with a significant increase in Nunavut and decrease in Yukon. NRCan’s Mineral Exploration and Development, Data Tables released last week provide the following revised 2024 and 2025 spending […]
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Main runway at Erik Nielsen Whitehorse International Airport scheduled for completion in 2025
March 3, 2025 Subject to legislative approval, the Government of Yukon is investing $7.5 million as part of Budget 2025–26 to complete the final phase of the Erik Nielsen Whitehorse International Airport main runway reconstruction. This critical investment will ensure long-term reliability and safety at one of the territory’s most vital transportation hubs. The multi-year […]
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