VIDEO: Coeur Mining to grow silver production with $1.7bn acquisition of Silvercrest
Adding Las Chipas makes Coeur a top silver producer in North America, with 21 million ounces of silver and 432,000 ounces of gold annually.
In the Northwest Territories, infrastructure that lags behind southern Canada is limiting the potential of the territory’s mining development and increasing its costs as well, said leaders of the N.W.T. government at PDAC on June 14.
Premier Caroline Cochrane and Minister of Industry, Tourism and Investment (ITI) Caroline Wawzonek told The Northern Miner in an interview that they want the federal government to step up and provide more support for the territory’s infrastructure needs.
While mining has historically been the economic bedrock of the N.W.T. and currently accounts for 21% of its GDP, just over half of its 33 communities are connected to all-season roads. This reality affects economic and social development.
(Continue reading at The Northern Miner)
