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Mining exploration slows down in Nunavik – Nunatsiaq News

June 02, 2015

“Activities in Nunavik are impacted by what’s happening around the world”

INUKJUAK — This summer promises to be a quiet one for the mining industry in Nunavik, with low metal prices keeping exploration at bay.

Jean-Marc Séguin, Makivik Corp.’s mining coordinator, told Kativik Regional Government council meetings last week that 2014 saw hardly any mining activity in the region — a reflection of a global market in decline.

“Activities in Nunavik are impacted by what’s happening around the world,” said Séguin. “Exploration companies can’t raise money to develop their projects.”

Read More: http://www.nunatsiaqonline.ca/stories/article/65674mining_exploration_slows_in_nunavik/

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