There is a lot to be excited about when it comes to the next chapter in the rich mining history of the Northwest Territories.
We have a proud history – almost a century’s worth - of continuous mining. After a resource exploration industry that was built on base metals like zinc, lead, and gold, in the 1990s we became the birthplace of ethically sourced diamonds. Today, the breadth of our mineral potential is expanding even further thanks to the presence of green economy metals such as rare earth elements, lithium, nickel, and cobalt needed to meet the demand of clean technologies.
With trending critical mineral exploration and production, new modern legislation, key infrastructure development and a unique and truly collaborative model for exploration and development, we are positioned to attract today’s environmental-social-governance (ESG)-conscious investors and project developers.
Our government has been recognized globally for the socially and environmentally conscious management of our mining sector; and our partnership with Indigenous governments has set the bar in Canada, for meaningful participation, decision making and resource revenue sharing in the resource sector.
What we have learned and experienced, since our first diamond mine opened over 25 years ago, has placed us on the leading edge of these trending best practices and investment requirements in Canada.
The NWT model is at the forefront of Indigenous participation in mining, exploration, and development in Canada - and likely globally. We are leading the way with resource royalty sharing, socio-economic and benefit agreements, regulatory co-management, and collaborative legislation development.
The Northwest Territories is poised and ready to welcome the mineral industry of tomorrow.
We hope you enjoy Invest Canada North.