Nunavut - Economy

Economy

  • Lupin Mine—1982–2005—gold (located near the Northwest Territories boundary near Contwoyto Lake)
  • Polaris Mine—1982–2002—lead and zinc (located on Little Cornwallis Island, not far from Resolute)
  • Nanisivik Mine at Nanisivik—1976–2002—lead and zinc (near Arctic Bay)
  • Rankin Inlet Mine—1957–1962—nickel and copper
  • Jericho Diamond Mine—2006–2008— diamond (located 400 km, 250 mi, northeast of Yellowknife)
  • Miramar Mining Corporation—n/a–present—Doris North Gold Mine, the mine received environmental approval from the Nunavut Impact Review Board and Indian and Northern Affairs Canada in September 2006 and a water use licence from the Nunavut Water Board in 2007.
  • Cumberland Resources (Meadowbank Mining Corporation)—n/a–present—Meadowbank Gold Mine has received a water use licence from the Nunavut Water Board and expects to have open-pit mining started by the end of 2008 or the beginning of 2009
  • Northern Transportation Company Limited, owned by Norterra, a holding company jointly owned by the Inuvialuit of the Northwest Territories and the Inuit of Nunavut.

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Famous quotes containing the word economy:

    “Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
    —Friedrich Nietzsche (1844–1900)

    “Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
    —Henry David Thoreau (1817–1862)

    “Everyone is always in favour of general economy and particular expenditure.”
    —Anthony, Sir Eden (1897–1977)