‹ Minerals

Northern Canadian mining exploration - the good, the bad and the ugly

April 13, 2013

Mining exploration expenditures are falling dramatically in the north. Nunavut’s planned expenditures in 2013 will double NWT and Yukon.

Up Here Business published Natural Resources Canada’s survey of spending intentions for 2013 and provided comments from geologists in the territories.


Commodity markets are in turmoil and mining companies find it difficult to raise capital, resulting in declining exploration expenditures. Societal license to undertake mining projects continues to be a critical requirement for exploration to flourish. Societal license includes First Nations support, environmental impacts and broad public support for the mining proposal.