Geologist Ryan Bachynski is determined to develop the first NWT-owned rare earth elements project through a newly incorporated Yellowknife-based company, Northern Critical Minerals Ltd.
Bill 34, The Mineral Resources Act (MRA), was passed by the Legislative Assembly of the Northwest Territories (NWT) in 2019. Today, work is ongoing to develop the regulations that will bring this new legislation into force.
For those interested in, or following developments in, the NWT’s natural resource development sector, there are five reports, released by the Government of the Northwest Territories last year, which we believe are particularly-worth reading.
In a tour of the NWT’s diamond capital in May, Li-FT Power said that in the wake of anticipated diamond mine closures, lithium might just be the catalyst for better days ahead.
Administered by the Northwest Territories Geological Survey, the NWT’s Mining Incentive Program (MIP) provides funding to prospectors and companies proposing or completing mineral exploration in the NWT.
As the regulations that will bring the NWT’s new Mineral Resources Act into force, advance through the territory’s unique, collaborative legislative process, we are starting to understand how the NWT’s new approach to mining will work.
In the Northwest Territories government, the responsibility for industry and mining resides with the Department of Industry, Tourism and Investment. We sat down with the Minister to talk about her newest job…
