Mining and Exploration in Nunavut

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Presentation transcript:

Mining and Exploration in Nunavut Senator Dennis Patterson NTI Luncheon, PDAC, March 6, 2017

Infrastructure to Unlock Resource Potential Roundtable To receive a copy of the summary document or to be added to our mailing list, email: Claudine.Santos@sen.parl.gc.ca or sign up at www.dennispatterson.ca/contact-us/

Mining Production in the Territories

NRCan Projects 20% less exploration in 2017

“…the Government, Nunavut, its IPGs, and the Inuit organizations each have a role to play in promoting Nunavut as a stable area of investment that is open for business. “

2015 Exploration and Deposit Appraisal Source: NRCan Mineral Statistics Nunavut Total: $215.1M

2016 Exploration and Deposit Appraisal Source: NRCan Mineral Statistics Nunavut Total: $122.1M

Nunavut Land Claims Agreement, Schedule 12-1 http://nlca.tunngavik.com/?page_id=1218#ANCHOR1479

Tugak is one of more than 1000 Nunavummiut who have taken prospecting courses since the Government of Nunavut first started offering them in 2001… But it’s not easy to be a prospector in Nunavut anymore, says Tugak, over the phone in Arviat… “Our people, we don’t have a lot of jobs in the north…It’s something a lot of people should be doing if you have no job. It may be rewarding for some people.”

“We have high rates of poverty, high rates of unemployment and so there’s lots of hope when there’s any economic development happening in our territory.” Aluki Kotierk,President, NTI Financial Post, March 6, 2017

Thank you. Qujannamiik. Quana.