On the heels of what they described as a “very compelling”feasibility study for the Back River gold project in western Nunavut, Sabina Gold and Silver Corp. says it hopes to have a final environmental impact study done by this November.
The fate of Canada's Jericho diamond mine —declared by Ottawa to be “closed or abandoned” in January 2014— seems no clearer today than it was a year ago.
Agnico Eagle Mines Ltd. has asked the federal government to intervene and provide compulsory arbitration in its talks with the Kivalliq Inuit Association on an Inuit impacts and benefits agreement for the proposed Meliadine gold project.
The owner of what was once Nunavut’s first and only diamond mine, Shear Diamonds Ltd., on Dec. 8 struck a deal with a Belgian diamond dealer that will give Shear the cash it needs to recover and sell diamonds from the mothballed site’s existing stockpiles.