Carney, Trump, and the Arctic mining nexus – by Shane Lasley (North of 60 Mining News – April 4, 2025)

https://www.miningnewsnorth.com/

A shared vision for North America’s Arctic could help thaw relations; Greenland and minerals may be keys to securing the North.

While relations between Canada and the United States may be the coldest ever recorded, the leaders of both nations have a common vision that could help defrost tensions – investing in the strategic and resource-rich North to help ensure North American security and prosperity as we progress deeper into the 21st century.

“Our government will strengthen Canada’s Arctic security, bolster partnerships with our closest Allies, unleash the North’s economic potential, and reaffirm reconciliation with Indigenous Peoples,” Mark Carney said as he was preparing to travel to Nunavut just four days after being sworn in as Canada’s new prime minister.

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NICO project in Northwest Territories could establish domestic bismuth supply – by Amanda Stutt (Mining.com – March 31, 2025)

https://www.mining.com/

Bismuth prices surged to all-time highs on the European spot market in March, a more than six-fold rise since January, as China’s export controls squeeze supplies of the mineral used in atomic research, cosmetics and pharmaceuticals.

China in February announced plans to impose export controls on five key metals — tungsten, tellurium, molybdenum, indium and bismuth — in response to US President Trump’s import tariffs. Bismuth is a scarce industrial metal that has characteristics similar to lead, but is non-toxic, and the industry is currently developing uses for replacing lead.

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Nunavut hunters urge for reassessment as Baffinland eyes 2026 construction of Steensby rail – by Samuel Wat (CBC News North – April 01, 2025)

https://www.cbc.ca/news/canada/north/

The project was approved more than a decade ago. Hunters say a lot has changed since then

Baffinland Iron Mines is now looking at 2026 as a start date for its proposed expansion to an iron ore mine in Nunavut, but local hunters are calling for the project to be reassessed before it can go ahead. The mining company wants to ship iron ore from its existing Mary River mine, by building a railway south to a proposed port at Steensby Inlet.

It’s a plan that was approved by the federal government in 2012. For years, it was put on the back burner with Baffinland favouring a railway to be built from the mine north to Milne Inlet — an option it said would be less costly. That was rejected by the federal government in 2022, causing Baffinland to switch back to the Steensby Inlet track.

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A Thrilling Yellow Diamond Discovery at Rio Tinto’s Diavik Mine – by Jane Asher (Natural Diamonds – April 1, 2025)

https://www.naturaldiamonds.com/

This exciting new discovery is sure to make natural diamond history.

A new diamond discovery from Rio Tinto’s Diavik mine in Canada’s Northwest Territories has been unearthed, a thrilling discovery for the natural diamond industry. The 158.20-carat rough diamond is one of the largest gem-quality yellow diamond ever discovered in Canada, the third-largest natural diamond producer in the world. Rio Tinto’s yellow diamond discovery is sure to make history.

The rough diamond is only one of five yellow diamonds weighing over 100 carats ever discovered at Diavik in its 22-year history. The mine, located just 200 kilometers south of the Arctic Circle, primarily produces white gem-quality diamonds. This yellow diamond discovery falls into the less than 1% category of yellow diamond production from Diavik, making it an ultra-rare gemstone.

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Prime Minister Carney commits to the North – by Shane Lasley (North of 60 Mining News – March 20, 2025)

https://www.miningnewsnorth.com/

Just four days after being sworn in as Canada’s new prime minister, Mark Carney flew to Nunavut to reaffirm Ottawa’s commitment to strengthening Arctic security and unlocking the economic potential across Canada’s mineral-rich North.

“Our government will strengthen Canada’s Arctic security, bolster partnerships with our closest Allies, unleash the North’s economic potential, and reaffirm reconciliation with Indigenous Peoples,” Prime Minister Carney said ahead of his trip North. “Canada will remain a strong, secure, and sovereign nation.”

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New urgency over Arctic defence can’t come soon enough for major gold miner – by Gabriel Friedman (Financial Post – March 18, 2025)

https://financialpost.com/

Northern development could ultimately unlock big growth for Agnico Eagle

Warming temperatures are opening the Northwest Passage as a shipping lane and raising so many concerns about who controls the Arctic that one of Mark Carney’s first trips as Canada’s new prime minister was to Iqaluit on Tuesday as part of an effort “to reassert Canada’s sovereignty in the North.”

It followed a visit over the weekend by NDP Leader Jagmeet Singh, who also talked about shoring up Arctic sovereignty in the face of threats from United States President Donald Trump. Conservative Leader Pierre Poilievre also visited last September to make his own remarks on the same subject.

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Despite record-high gold prices, mining exploration in Canada’s North declines – by Caitrin Pilkington (CBC News North – March 03, 2025)

https://www.cbc.ca/news/canada/north/

High gold prices aren’t resulting in higher spending, report finds

For years, gold has been the focus of Canadian mining exploration spending: the financing that backs efforts to find, assess, and potentially develop mineral deposits into mines. These efforts have established Canada as a top gold producer worldwide.

And over the course of 2024, the price of gold shot up by 38 per cent, reaching historic heights. But a B.C. report says skyrocketing value didn’t necessarily lead to more investment last year – it found overall exploration spending in the province was down 14 per cent from 2023, and exploration spending targeting gold dropped by 24 per cent.

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How Canada supplied uranium for the Manhattan Project – by Peter C. van Wyck (CBC Documentaries – January 10, 2025)

https://www.cbc.ca/documentaries/

Ore mined in the Northwest Territories was transported to Port Hope, Ont., then used to develop the bombs that

In the past couple of years, the public imagination has been taken up with all things nuclear — the bomb, energy and waste. The film Oppenheimer recasts the story of the bomb as a Promethean and largely American narrative, while the series Fallout depicts a post-nuclear world. Russia has repeatedly emphasized its readiness for nuclear conflict. Nuclear energy has been regaining popularity as a hedge against climate change.

And yet, the story of Canada’s nuclear legacy — and our connection to the bombs that the U.S. military dropped on the Japanese cities of Hiroshima and Nagasaki, killing tens of thousands in an instant — is rarely told.

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Arctic energy and mineral race heats up – by Maureen McCall (Troy Media – February 12, 2025)

https://troymedia.com/

Nations scramble for Arctic oil, gas and minerals amid rising global demand

“Go West, young man, go West… and grow up with the country” is a phrase  attributed to Horace Greeley from the New York Daily Tribune back in 1865.In 2025, the phrase might be updated to “Go North, young man, go North” as optimism rises about the potential of oil and gas and critical minerals in the Arctic.

Optimism about the size of the prize of Arctic hydrocarbons rose in 2012 when the U.S. Energy Information Administration (EIA) assessed that the Arctic holds an estimated 13 per cent (90 billion barrels) of the world’s undiscovered conventional oil resources and 30 per cent of its undiscovered conventional natural gas resources. The EIA has estimated that the Arctic may hold most of the world’s remaining untapped oil and gas reserves.

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‘World’s largest undeveloped gold mine’ faces legal challenges from Canada and Alaska tribal nations – by Jack Darrell (Alaska Public Media – January 28, 2025)

https://alaskapublic.org/

A major Canadian mining prospect upstream from Southeast Alaska is drawing legal challenges from both sides of the border, as tribal groups fear the project could pollute their ancestral waterways.

At the river’s mouth

The Southeast Alaska Indigenous Transboundary Commission, or SEITC, is worried about the region’s rivers. The commission represents 15 Tlingit, Haida, and Tsimshian nations that came together because they believe mining in British Columbia poses a threat to their spawning salmon and hooligan habitats, like the Unuk and Stikine Rivers.

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The afterlife of Pine Point – by John Sandlos (Canadian Mining Journal – December 13, 2024)

https://www.canadianminingjournal.com/

The gravel highway leading east from Hay River, Northwest Territories, features a relatively uniform (some might say monotonous) landscape of flat, spruce and jack pine forest. About 40 kilometers outside of the highway’s terminus at Fort Resolution, a few rock piles near the side of the highway stand out in bold relief.

A quick left turn on an unmarked paved road, and one enters a grid of streets, sidewalks, and parking lots — but there are no buildings anywhere. Travel around the site, and it is not hard to stumble on one of the many large open pits that have filled with water, often coloured a brilliant azure blue.

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Opinion: Instead of joining the U.S., Greenland should join Canada in an economic union – by Bart Edes (Globe and Mail – Janaury 13, 2025)

https://www.theglobeandmail.com/

Bart Édes is a professor of practice at the Institute for the Study of International Development, McGill University, and a distinguished fellow at the Asia Pacific Foundation of Canada. He is the author of Learning from Tomorrow: Using Strategic Foresight to Prepare for the Next Big Disruption.

U.S. president-elect Donald Trump is apparently in an expansionist mood. Coercing Canada to become part of the United States through “economic force” is not the only such threat he has made. Mr. Trump has also revived his idea of taking over the self-governing Danish territory of Greenland, which during his first term he had mused about buying. On Jan. 7, Donald Trump Jr. travelled to Nuuk, Greenland’s capital, to bring attention to his father’s expressed wish to take over the world’s largest island.

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Looking ahead in B.C. and Yukon – by Marilyn Scales (Canadian Mining Journal – December 16, 2024)

https://www.canadianminingjournal.com/

Recent strong gold and metal prices have many mine-makers looking to western Canada for opportunity

Seemingly, North Americans look to the west for opportunity. And when we in Canda look left, we see British Columbia and Yukon. Opportunities abound there for miners, so let us jump in. Where better to begin than with one of the world’s largest copper, gold, and silver resources all wrapped up in the Kerr-Sulphurets-Mitchell (KSM) project belonging to Seabridge Gold.

With reorganization and a new focus on gold, the company bought what is now the KSM project from Placer Dome in 2000. The property is located 65 km northwest of Smithers, B.C. Exploration began in earnest in 2006, and by 2010 a prefeasibility study (PFS) was released estimating there were 8.5 million oz. of gold, 7 billion lb. of copper, and 133 million oz. of silver in the ground.

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Premiers push Ottawa to build Northern infrastructure after Arctic foreign policy – by Nick Murray (Canadian Press – December 15, 2024)

https://www.thecanadianpressnews.ca/

OTTAWA – Canada’s Northern premiers are pitching the federal government to dip into its defence budget as a way to bolster Arctic infrastructure and help meet the NATO spending target in the process.

The calls come after Canada released its new Arctic foreign policy earlier this month, which committed to promoting investment in a wide range of sectors — including critical mineral development, transportation and energy — but didn’t specifically make funding commitments in those areas.

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Opinion: When resource companies leave a toxic mess, First Nations are stuck with the consequences – by Tanya Talaga (Globe and Mail – December 14, 2024)

https://www.theglobeandmail.com/

Na-Cho Nyäk Dun First Nation Elder Jimmy Johnny no longer fishes in the waters that generations of his family members have relied on since memories are remembered.

This past summer, 68 dead fish were found in beautiful Haggart Creek, downstream from the site of an environmental disaster that occurred on June 24 at Victoria Gold Corp.’s Eagle Gold mine, on the Na-Cho Nyäk Dun traditional territory, near Mayo in central Yukon.

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