Finland invests in future arctic rail link to Norwegian Sea
Finland is under pressure to switch its rail to the standard European gauge. In the first phase, a planned train
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Business
High Arctic planning area included in latest U.S. offshore oil & gas lease plan
With energy security continuing to be a key issue in the U.S., the Trump administration is moving forward with plans
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Rovaniemi airport in Arctic Finland to get major expansion as passenger numbers surge
Rovaniemi Airport in Arctic Finland will get a major upgrade with a €3 million expansion to accommodate the surging number
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N.W.T. government announces relief for ailing diamond mines
Measures include ramping up local diamond valuations, temporary property tax relief The Northwest Territories government has announced several new policies
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Russia sees stable oil exports and booming gas business by 2050
Russia, the world’s second biggest oil exporter and the second largest natural gas producer, sees stable crude production and significant
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Greenland ‘Freedom City?’ Rich donors push Trump for a tech hub up north
By Rachael Levy, Alexandra Ulmer As the Trump administration intensifies efforts to acquire Greenland from Denmark or take it by
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Trump administration says Alaska gas line investment could ward off tariffs
If countries want to keep the Trump administration from imposing tariffs on their exports to the United States, Treasury Secretary
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N.W.T. Chamber of Mines suggests tax relief for territory’s struggling diamond mines
2 N.W.T. cabinet ministers met with mine owners last week to discuss the financial challenges The executive director of the
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Lithium company exploring N.W.T. hopes to refine material in Canada, not China
By Jocelyn Shepel Canada can’t refine the mineral from hard rock right now but companies are looking to change that
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Yukon takes aim at Elon Musk’s companies with U.S.-tariff retaliatory measures
Territory scraps rebates for Tesla products, quits X, and looks to cancel Starlink accounts The Yukon government is targeting Elon Musk’s
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Low diamond prices raise risk of early closure of N.W.T. mines, experts say
All three N.W.T. diamond mines reported millions of dollars of losses in 2024 All of the N.W.T.’s diamond mines are reporting
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Yukon’s labour supply can’t meet existing demand, report shows
By Cali McTavish New report highlights opportunities and bottlenecks in Yukon’s economy A new report from the Conference Board of
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EU’s raw materials plan an attack on Indigenous land and culture, says Saami Council
The European Commission’s recent approval of 47 strategic projects aimed at mining and processing raw minerals, has been condemned as
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Victoria Gold receiver asks Yukon gov’t for another cash injection, raising total cost to $220M
If approved, increase would be the second time receivership’s total cost has more than doubled The cost of the Victoria
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Biden admin lacked authority to cancel Alaska refuge oil and gas leases: judge
By Becky Bohrer Judge says terms of a 2017 tax law suggested leases could only be cancelled by court order
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