CBC –  Low royalty rates, lax oversight mean N.W.T.’s missing out on mining revenues: report.

‘The N.W.T. lags behind other Canadian jurisdictions in exploration investment.’ The Northwest Territories is essentially giving away its mineral resources for little financial return compared to some other jurisdictions in the world, according to a recent report...
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DeSmog –  Canada Has Second-Worst Mining Record in World: UN.

By Judith Lavoie. Canada has more mine tailings spills than most other countries in the world, according to a report from the United Nations Environment Programme (UNEP), which urges governments and the mining industry to improve safety, accountability and oversight. During the...
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Mining.com’s Imperial Metals announces $5 million private placement from billionaire backer

Vancouver-based copper miner Imperial Metals (TSE:III) announced a $5 million financing today from N. Murray Edwards. Murray, a Canadian oil sands financier and a co-owner of the Calgary Flames, is already a controlling shareholder. According to Bloomberg, Murray has an equity...
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