Sabina says yes to building a gold mine in western Nunavut
Nunavut is set to see a third operating gold mine in 2025 with Sabina Gold and Silver Corp.’s recent decision
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investment
Russia’s Arctic policy at risk of major collapse
Energy projects are put on hold and hyped ambitions for the Northern Sea Route increasingly look doomed. At the same
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Deutsche Bank won’t finance any new Arctic oil and gas projects
The Frankfurt-based bank adopted its new Fossil Fuels Policy on Monday with strict limitations on future involvement in coal, oil and gas.
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Arctic Canada: Yukon government back in black with $4M surplus budget
The Yukon government is expecting to be back in the black this year, with its first projected surplus budget in
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Wells Fargo becomes third major US bank to nix Arctic oil investment
Wells Fargo says it won’t finance oil development in the Arctic National Wildlife Refuge. The bank’s announcement follows similar policies
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Norwegian wealth fund’s value in Russian company Gazprom more than doubled in 2019
The world’s largest sovereign wealth fund enjoyed a very good year on both the Russian stock and bond markets. The
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Moscow outlines €210 billion plan for Arctic oil
A new tax regime for the Russian Arctic is to provide for an unprecedented wave of investments in icy drilling.
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New tourism investment brings hope to Russian city as main smelter closes down
Nornickel might invest up to 10,5 billion rubles (€153 million) in the development of a tourism cluster in Pechenga, the
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Compilation: Mining and drilling in the Arctic
Arctic countries are showing a growing interest in the region’s natural resources. While some states are cancelling their plans for
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Putin’s new Arctic law paves way for biggest ever industrialization in Northern Russia
Offshore oil, liquified natural gas and the petrochemical industry will soon benefit from big tax cuts in new Arctic projects.
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Goldman Sachs will no longer fund drilling in Arctic refuge sacred to First Nations
In the wake of a U.S. banking giant’s announcement that it will no longer invest in new oil projects in
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Compilation: Nuclear energy in the Arctic
How are Arctic countries using nuclear energy and what are the debates about it? A look back at Eye on
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Compilation: Russia’s increasing investment in the Arctic
Russia has made reaffirming its military presence in the Arctic its top priority amid an intensifying international rivalry over the
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Canada’s long-term neglect of Arctic must stop says Senate report
Canada’s neglect of the Arctic has gone on for too long and northern residents are paying the price, says a
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Blog – Faroe Islands host Arctic Circle Forum, trumpet “infrastructure miracle”
Situated halfway between Iceland and Scotland, the Faroe Islands are so remote from most people’s minds that even the customs
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