Macklem Tours Gold Terra Operations Amid Economic Review
The governor of the Bank of Canada, Tiff Macklem, is visiting Yellowknife this week to gain a fuller picture of the economy. According to the central bank, Macklem will be meeting with various organizations and sectors during his visit.
Macklem's trip includes a tour of Gold Terra's operations at the site of the former Con gold mine in Yellowknife. The company is working on restarting gold mining in the area and has begun drilling to evaluate the gold potential of historic tailings.
The goal of Macklem's visit, as stated by the Bank of Canada, is to understand the challenges and opportunities facing the mining industry in the North. Mining is an important industry in this region, and Gold Terra's operations will provide insight into its activities.