Drilling down on expenditures show serious decrease in NWT mineral exploration
This as Nunavut enjoys a slight increase; GNWT still polishing regulations for Mineral Resources Act passed in 2019
Mining exploration expenditures in the NWT have experienced a sharp decrease this year, federal estimates show. This comes at a time when the cash-strapped GNWT is searching for ways to compensate for lost revenue for the looming closure of the big diamond mines in coming years. Exploration expenditures remained steady…
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