• 'Ideal outcome,' minister says as Yukon's Eagle gold mine set to be sold for $140M

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-22 20:34:22.0
  Tags: [National, Mining, Resources, Environment, Economy]

  Singapore-based Boroo Pte. Ltd. has signed an agreement with the mine's receiver, PricewaterhouseCoopers, to acquire the troubled Eagle gold mine in central Yukon for $140 million and committed to spending $1.5 billion to restart operations and perform cleanup work. The transaction follows a disastrous heap leach facility failure at the site owned by Victoria Gold Corp. in 2024 that spilled toxic cyanide into the environment and triggered intensive remediation efforts partially funded by a $220 million loan from the Yukon government. Subject to court approval expected by the end of the year, Boroo will pay $40 million in upfront cash, take over all remediation and site stabilization work from 2027 to 2029, and fully repay the territorial government for its emergency cleanup expenses.

  Read Original

• Effort to restart Con Mine discussed at Yellowknife town hall

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-10-22 16:17:16.0
  Tags: [National, Mining, Resources, Environment, Economy]

  Gold Terra Resource Corp. CEO Gerald Panneton hosted a town hall in Yellowknife to discuss aggressive timelines for restarting gold mining operations at the historic Con Mine site, driven by gold prices exceeding $4,000 USD per ounce. The company aims to secure a permit by 2027, followed by 12 to 16 months of construction, targeting a production threshold of 1 million ounces to support a mine life exceeding 20 years. Public concerns raised at the event focused on localized impacts, including energy consumption via liquefied natural gas, workforce housing, arsenic pollution legacy risks, and exploratory drilling at Tin Can Hill and Walsh Lake.

  Read Original

• LNG Canada expansion gets go-ahead, as Carney set to highlight 'historic investment' in Canadian energy

  Source: CBC Politics
  Date: 2026-09-29 11:13:02.0
  Tags: [National, British Columbia, Energy, Environment, Resources, Economy]

  Shell Canada Energy confirmed a final investment decision to move forward with the multibillion-dollar LNG Canada Phase 2 expansion in Kitimat, British Columbia. The expansion project involves a joint venture including Shell Canada Energy, Petronas, PetroChina, Mitsubishi Corporation, and Korea Gas Corp. The development is projected to roughly double the production and export capacity of liquefied natural gas from 14 million to 28 million tonnes annually. Prime Minister Mark Carney highlighted the development as a historic investment in Canada's energy sector, though environmentalists and critics raised concerns regarding increased natural gas extraction emissions, fracking-induced earthquakes, and climate impacts.

  Read Original

• The ins and outs of the Yukon's biggest proposed mine

  Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
  Date: 2026-09-23 12:00:00.0
  Tags: [National, Mining, Resources, Environment, Indigenous, Economy]

  Western Copper and Gold and the Casino Mining Corporation are proposing the Casino mine project in the Yukon, located between Carmacks and Dawson City, with an estimated 27-year lifespan to extract approximately 4.27 billion pounds of copper, 346 million pounds of molybdenum, alongside gold and silver deposits. The project is projected to create up to 1,400 construction jobs, 700 operational jobs, and contribute roughly $1.3 billion annually to the Yukon economy while generating 25 of the 34 critical minerals designated by Ottawa. However, the project faces major regulatory scrutiny, undergoing its first-ever panel review by the Yukon Environmental and Socio-Economic Assessment Board (YESAB) due to concerns from First Nations and conservation groups over impacts on the Klaza caribou herd, fish, wildlife habitats across five First Nation territories, and risks associated with tailings dams and heap leaching.

  Read Original

• Setting new harvest level in Omineca region

  Source: British Columbia - Government News
  Date: 2026-09-04 16:45:00.0
  Tags: [British Columbia, Resources, Environment, Indigenous, Industry, Economy]

  British Columbia's deputy chief forester has reduced the allowable annual cut (AAC) for Tree Farm Licence 30 in the Omineca region by 17.6% to 340,000 cubic metres, effective September 4, 2026. The independent regulatory decision under the Forest Act accounts for changing economic availability, climate change considerations, and the protection of archeological sites, rare ecosystems, streams, fish habitat, and wildlife such as moose. The approximately 180,000-hectare licence area, located northeast of Prince George in the Prince George Natural Resource District, overlaps the traditional territories of the Lheidli T’enneh Nation, McLeod Lake Indian Band, West Moberly First Nations, and Tsay Keh Dene Nation, whose consultations and stewardship input informed the final determination.

  Read Original