Business

NNSL Business and Industry Stories

One-stop shopping for hunting, fishing, safety and Arctic Cat

The Rankin Inlet business community has a new member after Nitsik Leasing and Sales held its grand opening last week in Rankin Inlet. A customer takes a close up look at some of the numerous...

Iqaluit chamber membership drive offers benefits to local business

The Iqaluit Chamber of Commerce, resurrected in early 2017 after an inactive phase, is seeking to up its membership from 42 to 55 in 2019. That’s a far cry from the 18 members – eight...
Shane Clark, owner of now defunct HomeLifeYK, has decided to hang up the keys of his family business and join Coldwell Banker YK Courtesy of Coldwell Banker YK

HomeLifeYK shuts its doors

Shane Clark, owner and operator of HomeLifeYK, has recently decided to shut the doors on the long running family real estate business and join Coldwell Banker YK. His father James Clark started the company, then...

Udloriak Hanson becomes a vice-president for Baffinland Iron Mines

Baffinland Iron Mines has hired Udloriak Hanson as vice-president of community and strategic development. Udloriak Hanson will take on the role of vice- president of community and strategic development with Baffinland Iron Mines as of...

Baffinland CEO makes a case for mine expansion

A proposed railway and many more cargo ships are the major concerns Baffinland Iron Mines’ CEO Brian Penney is hearing about in relation to the miner’s phase two expansion proposal, which would increase shipping...

GUEST COMMENT: Mining North Works ‘demystifies’ the industry

Mining is working for Nunavut, and the proof is in the pudding, as they say. Terry Dobbin is the Nunavut general manager with the NWT and Nunavut Chamber of Mines Today we are seeing more and...

Sabina delays gold mine by a year due to lack of equity investment

Instead of opening in 2021, Sabina Gold and Silver’s gold mine will now start operations in late 2022, at the earliest. Sabina Gold and Silver is constructing a 164-km winter road that will connect the...

Arctic Co-operatives wins Baffinland flight contract

Baffinland Iron Mines has chosen Arctic Co-operatives to transport employees and cargo from the south to its Mary River mine. Arctic Co-operatives has earned a contract to provide passenger and cargo service to Baffinland’s Mary...

With technical performance improving, TMAC focuses on profitability at Doris North

A flawed processing plant and some “poor decision making” at TMAC’s Doris North gold site led to struggles meeting production expectations during the mine’s first two years of operation. Production metrics have improved at TMAC’s...

Meliadine moves to the forefront for Agnico Eagle

The torch is being passed between Agnico Eagle’s Kivalliq gold mines. The first gold bar from Agnico Eagle’s new Meliadine mine was produced in late February. Weighing close to 64 pounds, it’s composed of approximately...

GUEST COMMENT: In response to Mr. Bromley: Mining is still key to the Northern...

by Tom Hoefer, executive director of the NWT & Nunavut Chamber of Mines It’s virtually impossible to shift the opinions of someone who opposes mining, but to those with an open mind, let me provide...

Arviat’s Ashton Kadjuk meeting the challenge as a mine supervisor

Ashton Kadjuk has parlayed his experience in drilling into a supervisory position at Agnico Eagle’s new Meliadine gold mine. Arviat’s Ashton Kadjuk is an underground supervisor at Agnico Eagle’s Meliadine mine. “I’ve got to make...

Mining survey says: streamline regulations

The North’s geology is alluring to exploration and mining companies but regulatory red tape remains a stumbling block, according to the recently released Fraser Institute Annual Survey of Mining Companies, 2018. Exploration and mining companies...
The new logo for the Yellowknife Cabs Ltd. Company that hopes to get on the road by April 1, should the company be able to install soft meters in their vehicles. They currently have 30 vehicles in waiting. Photo courtesy of Sibhat Berhane

New cab company hits metering speed bump

Yellow Cabs Ltd., the newest addition to the Yellowknife cab community plans on opening its doors April 1, but the new business has already hit a snag on the way to its grand opening. Sibhat...

Slave Geological Province road planning, aerial surveys funded $5M

The GNWT and federal government are spending $5.1-million toward aerial surveys of the Slave Geological Province and planning an all-season road from Yellowknife to the Nunavut border. The proposed road would replace winter roads with...

Focus on business: YK Rocks

The man behind YK Rocks, the newest concert promotion company in town, is looking to invigorate the music scene by hosting open jam nights and running a concert series at the Black Knight Pub. Patrick...

Nakashuk presses GN for airline merger response; says Nunavut ‘not mentioned even once’ by...

Pangnirtung MLA Margaret Nakashuk is urging the GN to publicly release its input into the proposed First Air and Canadian North airline merger and expressed concern that Nunavut is being overlooked in the deal. Pangnirtung...

First gold poured at Agnico Eagle’s Meliadine mine

Agnico Eagle’s Meliadine mine is nearing commercial production and poured its first gold on the morning of Feb. 21. The first gold pour at Agnico Eagle’s new Meliadine mine, 25 km north of Rankin Inlet,...

High hopes for commercial char fishery in Gjoa Haven

As a test fishery in Gjoa Haven approaches its fifth and final year, James Qitsualik is envisioning a commercial enterprise for Arctic char that could surpass the operation at Kitikmeot Foods in Cambridge Bay. Sampling...

Inuit governments dismissive of Competition Bureau’s airline merger report

The Competition Bureau's review of a proposed First Air merger with Canadian North indicates that reduced schedules and higher prices are likely, but the Inuit governments proposing the deal say the report is "superficial."  “Our...

Twenty years of trade show progress

On the 20th anniversary of the Kitikmeot Trade Show, some time was devoted to reflection on how far the event, and the region, has come. A panel of original trade show participants was assembled last...

Kitikmeot business sprouts from beans

Kaapittiaq Coffee, a product of the Kitikmeot Heritage Society made with beans purchased from Peru, was sampled at a recent community launch celebration. The product will hopefully be on store shelves by the end of...

Focus on business: Dash Event Designs and Rentals

Cynthia Mufandaedza never had any intention of becoming an event designer, but four years ago she seized on an opportunity to purchase the inventory of another event design business whose owner was leaving town. Mufandaedza...

Mineral Resources Act to be tabled this week

A long awaited bill which will promises to transform the mineral industry for the NWT is set to be tabled for the first time this week. Wally Schumann, Minister of Industry, Tourism and Investment and...

Nechalacho project moving forward with new partner

A long-awaited rare earths project planned at Thor Lake is moving ahead after the main proponent of the mining effort announced a new private partner this week. Avalon Advanced Minerals Inc., which has been seeking...

Focus on Business: Ogre’s Lair

In the lower level of the Centre Square Shopping Mall, tucked away amid empty retail spaces is a bustling hub of gaming activity known as the Ogre's Lair. At first glace the store looks a...

Giant opportunity for local business

The Giant Mine Project team is promising plenty of lucrative contracts for local businesses once the next phase of cleanup at the mine site begins. Aaron Braumberger, project team engagement manager with the Department of...

Focus on Business: Let Me Knot provides far more than flowers

To say that Sarah Kalnay-Watson, the owner of Let Me Knot on 52 Street, is just a wedding planner would be vastly understating her duties. She acts as a wedding and events planner, but also...
January 14, 2019 Chris Loreto of StrategyCrop. delivers a commissioned report on the benefits of creating a university based in Yellowknife. Brett McGarry/ NNSL Photo.

An ‘essential’ polytechnic university in Yk comes with $80 million price tag

Yellowknife city council were advised Monday to pursue a polytechnic university that could cost an estimated $80 million. A $50,000 report, commissioned to advisory firm StategyCorp in 2018, examined northern university models in Canada and...

Worry, shock at expected boat launch closure

Boaters are expressing worry and "shock" after learning the public boat launch at Giant Mine and neighbouring Great Slave Sailing Club may be inaccessible over much of the next decade as Giant Mine enters...