Want to invest or start a business in the NWT?
Come and take advantage of what the NWT can offer!
Why invest in the NWT?
The growth of the world population and the development of new technologies have led to an increasing demand for mineral resources such as rare earth, cobalt, tungsten and other, more traditional metals.
Although already proven to be rich and still promising, the mineral potential of the NWT has not been completely revealed.
La dévolution et la simplification du cadre législatif
Legislative framework devolution and simplification
Local expertise and knowledge of the territories
Yellowknife's strategic location
Need for partnerships
Undeveloped mineral potential
Create a Competitive Edge
Establishing an Improved NWT Regulatory Environment
Promoting Sustainability
Enhancing Aboriginal Engagement and Community Capacity Building
Enhancing Workforce Development and Public Awareness
MINERAL POTENTIAL
With its tremendous resource potential, geoscience data and community support, the Northwest Territories is an ideal location for investing in mining and exploration. Its geological diversity is part of its strength and given the vast land area, there is excellent potential for more detailed exploration and new mineral discoveries.
Mineral potential
includes:
BUSINESS OPPORTUNITIES
The lack of infrastructure and limited workforce offers opportunities in the following areas:
Risk management:
- remediation
- first responder/medical care
- environmental service activities
- environmental analysis lab
(mineralogical and metallurgical
analysis)
- business intelligence
- crisis management activities
Asset and technology operation and maintenance:
- mobile mining equipment operation and
maintenance
- installed mining equipment operation
and maintenance
- technical and scientific equipment
operation
- hardware and software design
Mineral resource management :
- underground drilling
- lab analysis
Administration and finance:
- investment funds
- lenders,especially in exploration
Research and development:
- research and development
- innovation
Human resource management:
- coaching and motivation
- hiring activities
For more detail information you can consult GNWT Investment booklet. The booklet includes an introduction to the NWT and information on mining, oil and gas, tourism, film, agriculture, fishery, manufacturing, art, traditional economy, and the Business Stream of the NWT Nominee Program.