Mining’s Ups and Downs Driving Canada’s Northern Economies

Mineweb reported the Conference Board of Canada says the Northwest Territories’ mining sector is creeping along.

The market news is quoted as saying,

Diamond mining remains by far the largest industry in the NWT, accounting for more than one-quarter of GDP. Nevertheless, the report cautioned, “Little growth is expected in the diamond industry over the next few years, due largely to declining output at Ekati.”

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