The government of Nunavut has once again flipped its position on resource development on caribou calving grounds, now supporting a "prohibition of development within calving grounds and key access corridors, with seasonal restrictions on activities in post-calving grounds."
Last week, the federal government revealed that cleaning up Yellowknife’s Giant Mine is now projected to cost $4.38 billion. This is, by one measure, greater than the mine’s estimated total revenues during its operation.
Nunavut is set to see a third operating gold mine in 2025 with Sabina Gold and Silver Corp.'s recent decision to move ahead on building its Goose gold mine in western Nunavut.
As the Northwest Territories government decides how it should change its royalties policy, two groups the N.W.T. and Nunavut Chamber of Mines and social activist group Alternatives North are butting heads over what they think should happen.