WebThe Northwest Territories (NWT) is rich in mineral resources and the responsible development of these resources provides long-term economic benefits for all NWT … Webin order to develop a comprehensive Mineral Resource Act (MRA), the GNWT must develop a comprehensive Mineral's Strategy. The MRA in effect supports the Strategy which contains sustainable growth goals and objectives for the Territory.The demand for our minerals is rising throughout the world and there is a greater interest by mining and …
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WebDec 13, 2024 · The Government of the Northwest Territories (GNWT) has released an overview of the policy intentions that will guide the drafting of regulations for the NWT Mineral Resources Act (MRA). An important next step in the development of regulations for the MRA, these policy intentions reflect the objectives and rationales agreed to by … WebMineral Resources Act. As part of Devolution, the transfer of responsibilities to the territorial government from the federal government, the Government of the Northwest Territories is currently updating the … productivity and profitability
Benefit agreements with N.W.T. mines need stronger language
WebSubject to the provision of the Mineral Rights in Tribal Territories Act, all rights of ownership in minerals are vested in the Republic and the the Minister shall ensure, in the public interest, that the mineral resources of the Republic are investigated and exploited in the most efficient, beneficial and timely manner. 4. WebFeb 13, 2024 · As the N.W.T.’s Mineral Resources Act moves through the process of becoming law, some MLAs are expressing concerns about how effective the new legislation will be. WebApr 10, 2024 · The Government of the Northwest Territories (the "GNWT") Mining Incentive Program (the "Program") provides funding to prospectors and exploration companies who carry out mineral exploration work in the NWT.Under the Program, mineral exploration companies licenced to operate in the NWT can apply for up to $200,000 in funding and … relationship between work and volume