Eagle Mine Sold to Boroo as Yukon Borrowing Limit Hits $3B

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Eagle Mine Sold to Boroo as Yukon Borrowing Limit Hits $3B

🏙 Yukon Daily Briefing

Friday, October 23, 2026

Every Yukon story. Every morning.

📌 Today's Top Stories

Singapore company to buy Eagle gold mine, Yukon says

The Yukon government says Singapore-based Boroo Pte. Ltd. is set to take over the Eagle gold mine in north-central Yukon for $140 million, pending closing conditions. Payments are tied to milestones, including $20 million at closing, expected before year-end, and $50 million once commercial production restarts. The mine was the site of a June 2024 heap leach failure that released cyanide-containing solution into Na-Cho Nyäk Dun traditional territory, and officials estimate care and maintenance alone would cost taxpayers $72 million a year without a sale.

Source: APTN News Read →

Agreement reached to sell Eagle Gold Mine to Boroo

The court-appointed receiver for Victoria Gold Corp. has agreed to sell the Eagle Gold Mine to Gatsuurt Mining Inc. and Boroo Pte. Ltd. for $140 million, subject to court approval and other closing conditions. Payments include a $20 million deposit after court approval, $20 million at closing expected before December 31, 2026, and $50 million each upon obtaining restart permits and achieving commercial production. If the milestones are met, the Yukon government would be repaid, with interest, for funds advanced for remediation and receivership. The buyer plans to invest $1.5 billion over the mine's lifespan and to work with Na-Cho Nyäk Dun.

Source: Government of Yukon Read →

Federal Government Raises Yukon Borrowing Limit to $3 Billion

The Government of Canada has raised the Yukon's borrowing limit from $1.2 billion to $3 billion, giving the territory more flexibility to fund priorities such as energy and health care infrastructure. The increase is a maximum borrowing authority, not a commitment to borrow or spend additional money. Premier and Finance Minister Currie Dixon said the change does not alter the territory's fiscal reality, and the government plans to guide borrowing under a new debt management policy with annual plans tied to its Fiscal Outlook.

Source: Government of Yukon Read →


📚 Full Index by Topic

Territorial Government & Politics

Yukon appeal court denies pause on privacy watchdog subpoenas
The Yukon Court of Appeal dismissed the territorial government's request to pause privacy commissioner subpoenas of five Justice Department employees while its appeal proceeds. The ruling lets the commissioner compel testimony in an investigation into a denied request for Whitehorse Correctional Centre video footage.
2026-10-22 · Yukon News →

Municipal Government

Whitehorse staff table draft downtown trail plan with proposed bridges
City of Whitehorse staff presented a draft downtown trail plan to council on Oct. 20, proposing routes for new trails and two potential pedestrian bridges across the Yukon River. The bridges could cost tens of millions of dollars, and the plan will guide future trail maintenance priorities.
2026-10-22 · Yukon News →
City urges residents to prepare for winter and snow removal
The City urges residents to prepare for winter by using winter tires, clearing snow and ice from vehicles, and driving cautiously. Residents must clear sidewalks within 48 hours of snowfall, and Miles Canyon Road is closed for the season.
Anonymous attendee prompts new Haines Junction online meeting rules
Haines Junction is moving ahead with new rules for online council meetings that would let officials ask attendees to show a real person is behind the screen. The change follows silent online accounts attending meetings in several Yukon communities.
2026-10-21 · CBC North →
City reminds residents that illegal dumping is prohibited and reportable
The City reminds residents that dumping waste on City or private property is illegal and damages the environment. Illegal dumping can be reported to Bylaw Services at 867-667-2111, or to the TIPP line at 1-800-661-0525 for areas outside city limits.

First Nations & Reconciliation

Governments seek dismissal of $150M Na-Cho Nyäk Dun mining lawsuit
The Yukon and federal governments are asking a court to dismiss a $150-million lawsuit by the First Nation of Na-Cho Nyäk Dun. The suit alleges negligence in the 2024 Eagle mine heap-leach failure, treaty rights violations and delays in land use planning.
2026-10-21 · APTN News →

Health & Wellness

Yukon partners with Wounded Warriors Canada for responder mental health
The Government of Yukon has partnered with Wounded Warriors Canada to expand mental health, counselling and resilience services for emergency responders and their families. Eligible personnel include Emergency Measures Organization, Wildland Fire Management and EMS staff.
2026-10-20 · Government of Yukon →
Yukon Hospitals passes accreditation review
Yukon Hospitals says it has met the quality and safety criteria required to maintain its accreditation.
2026-10-21 · CBC North →
AA Joy of Living Group Meets Friday on Wood Street
An Alcoholics Anonymous meeting, the Joy of Living Group, is held Friday, Oct 23 at 7:00 PM at 305 Wood St, downstairs in the Captain Martin House back alley.

Public Safety & Justice

Premier Dixon Offers Condolences After Fire at CFB Wainwright
Premier Currie Dixon expressed condolences after a fire at CFB Wainwright in Alberta killed four active service members and seriously injured dozens. Yukon has offered assistance to the governments of Alberta and Canada if needed and ordered territorial flags lowered to half-mast.
2026-10-19 · Government of Yukon →
RCMP Notify Public of Release of Man Convicted of Sexual Interference
Yukon RCMP have notified the public that Billy Callahan-Smith, 30, convicted of sexual interference, was released October 6 after serving a custodial sentence and is now living in Whitehorse. Police say his criminal history also includes previous convictions.
2026-10-16 · CKRW The Rush →
No one hurt after downed live wire traps Whitehorse students on bus
A downed tree knocked over a power line outside Selkirk Elementary School in Whitehorse, leaving a live wire on the ground. Students aboard a school bus stayed on the bus until responders secured the area; no one was hurt.
2026-10-21 · CBC North →
Whitehorse firefighters rescue tabby cat stuck in tree
Whitehorse firefighters rescued a tabby cat stuck in a tree on Azure Road on Oct. 21, after it had been there about a day. The cat was returned to its owner less than 30 minutes after crews arrived.
2026-10-22 · Yukon News →

Environment & Wildlife

Chum salmon counted by Klondike River sonar for first time
A new pilot project has allowed researchers in the Dawson City area to count chum salmon with Klondike River sonar for the first time. The effort aims to clarify the species' status amid reported declines downstream.
2026-10-22 · CBC North →
Trapping Centers on Respect for Nature, Practitioner Says
An article profiles trapping as a widespread Canadian activity, exploring its practice and values related to respect for nature through an interview with Charles Nadeau.
2026-10-22 · L'Aurore boréale →

Business & Economy

Boroo plans $1.4B investment after agreeing to buy Eagle mine
Boroo Pte. has agreed to acquire the Eagle Gold mine for $140 million, subject to court approval. The company plans about $800 million in capital investment for 2027 to 2029 and over $600 million more over the mine's initial life.
2026-10-22 · APTN News →
Singapore firm Boroo agrees to buy Eagle Gold mine for $140M
Singapore-based Boroo Pte. Ltd. has reached a preliminary deal to buy the Eagle Gold mine near Mayo for $140 million from its court-appointed receiver, pending court approval. Payments are tied to milestones, including permits and commercial gold production. The mine was damaged by a 2024 heap leach failure, landslide, and cyanide spill.
2026-10-23 · Yukon News →
Yukon's Eagle gold mine set to be sold for $140 million
Singapore-based Boroo Pte. Ltd. has agreed to acquire Yukon's Eagle gold mine from its receiver, PricewaterhouseCoopers, for $140 million. Boroo plans to spend $1.5 billion to restart operations.
2026-10-22 · CBC North →
Laking calls for federal support amid Yukon affordability challenges
Minister Ted Laking told the Standing Committee on Indigenous and Northern Affairs that Whitehorse inflation reached 6.1 per cent in September. He cited electricity rate increases of 34 per cent between 2025 and 2027 and called for federal support for energy projects.
2026-10-21 · Government of Yukon →
Yukon energy minister says power bills could rise 53% without federal help
Energy Minister Ted Laking told a federal parliamentary committee in Ottawa that Yukon power bills could rise 53% without more federal investment in power infrastructure. The committee is examining affordability challenges in the North.
2026-10-22 · CBC North →
Laking Seeks Federal Electricity Funding Amid Rate Increase Warning
Yukon Energy, Mines and Resources Minister Ted Laking is calling for federal funding for the territory's electricity system. He warned that further infrastructure costs could drive electricity rates higher, and raised these concerns before a House of Commons committee.
2026-10-22 · CKRW The Rush →
Yukon business delegation pushes northern procurement reforms in Ottawa
A nine-company Yukon business delegation met federal officials in Ottawa in October to press for changes to northern infrastructure procurement rules. The delegation reported no immediate policy commitments, and the meetings were described as exploratory.
2026-10-23 · Yukon News →
Business Succession May Signal Renewed Yukon Economy
An article examines business acquisitions and succession in the Yukon, presenting them as possible signs that the territory's economy is entering a renewed phase and that local business activity is strengthening.
2026-10-22 · L'Aurore boréale →
Émilie Denis Designs Recycled-Fabric Clothing with Sunshine & Wild Co.
Franco-Yukonnaise Émilie Denis, co-owner of Sunshine & Wild Co., discusses the company's new jacket line made from used clothing. The profile highlights recycled-fabric fashion ideas.
2026-10-22 · L'Aurore boréale →
Paramotor School Opens in Whitehorse
Yukon Eagles Paramotor, opened June 1 by Alexandre Leveugle, is now offering Whitehorse residents the chance to try paramotoring, a new aerial activity.
2026-10-22 · L'Aurore boréale →

Infrastructure & Housing

Yukon Moves to Lift Rent Control; CBC Asks How Many MLAs Are Landlords
The Yukon legislature is considering lifting rent control and allowing no-fault evictions. CBC News asked MLAs whether they are landlords.
2026-10-23 · CBC North →
Yukon Announces Major Highway, Bridge and Airport Investments
The Yukon government is investing in highways, bridges and airports through its 2027-28 Fall Capital Budget. Projects include $23.6 million to complete 21.6 kilometres of North Klondike Highway reconstruction south of Stewart Crossing and begin a further 17 kilometres south of Gravel Lake.
2026-10-19 · Government of Yukon →
Mount Lorne Water Supply Project Advances After Long Wait
The Mount Lorne water supply modernization project, a $3.6 million effort partly funded by federal assistance, is advancing. The Local Advisory Council met in early October to review progress.
2026-10-22 · L'Aurore boréale →
Whitehorse Endorses A Place to Be Homelessness Plan
Whitehorse City Council endorsed the A Place to Be homelessness framework for 2025-2030 and committed to supporting its implementation. The plan, developed by the Yukon Anti-Poverty Coalition, aims to reduce homelessness in the territory by 50 percent.
Haines Junction residents frustrated as post office closures continue
Repeated closures of the Haines Junction post office are frustrating residents, who want better communication about hours. Canada Post says it is trying to fill a vacant postmaster position amid ongoing staffing shortages.
2026-10-22 · CBC North →
Kopper King Water Shutdown Scheduled for October 30
Water services in the Kopper King area will be shut off from about 1 p.m. to 3 p.m. on Friday, October 30, while a hydrant is replaced at the McIntyre Creek Booster Station. Residents and businesses are advised to store water in advance.

Arts, Culture & Events

Haines Junction Fish-Canning Workshop Connects Generations and Traditions
A fish-canning workshop in Haines Junction teaches residents food preservation while passing knowledge between generations. Participants say the skills can reduce food waste, save money, and preserve cultural traditions.
2026-10-23 · CBC North →
Downtown Whitehorse Road Closures for Yukoner Appreciation Week Concert
Street closures and parking restrictions will be in place in downtown Whitehorse for a free all-ages concert during Yukoner Appreciation Week. The concert takes place at 5 p.m. Saturday, October 24, at Third Avenue and Steele Street.
Northern Writers Compile Horror Short Story Collection for Fall 2027
Tłı̨chǫ Dene author Richard Van Camp is editing an anthology of Northern horror short stories, scheduled for publication in fall 2027.
2026-10-22 · L'Aurore boréale →
Benoit Godin Presents Outdoor Art Exhibition Focused on Colour
Artist Benoit Godin presented an outdoor exhibition on October 17, featuring his work centred on the colours of the microcosm.
2026-10-22 · L'Aurore boréale →

Weather, Travel & Advisories

Open burn permits suspended, then reinstated as winds ease
The City suspended open burn permits and backyard firepits on October 20 due to a weather warning for 80 km/h wind gusts. Both were reactivated at 10 a.m. on October 21 as conditions improved.

Upcoming Events

Yukoner Appreciation Week encourages support for local businesses
Date: Thursday, Oct 22 | Time: 12:00 PM | Location: Whitehorse Various Locations | Keep dollars circulating in our community - Support local jobs and Yukon families - Help small businesses grow and stay resilient - Strengthen our local economy year-round!\n
Sunday Funday disc golf event at Solstice Disc Golf Park
Date: Sunday, Oct 18 | Time: 7:00 PM | Location: Solstice Disc Golf Park | Make your weekend enjoyable with Sunday Funday disc golf. Play, relax, and celebrate the spirit of disc golf with others.\n
Family drop-in gymnastics at Yukon Gymnastics Centre
Date: Friday, Oct 23 | Time: 5:00 PM | Location: Yukon Gymnastics Centre | Get active with family drop-in gymnastics. Great for fitness and fun, suitable for parents and kids alike!\n
Ladies Pool matches at Golden Age Society on October 23
Date: Friday, Oct 23 | Time: 5:00 PM | Location: Golden Age Society | Get involved in the Ladies Pool community where everyone enjoys friendly matches and great company regardless of skill level.\n
Friday Coffee and Chat at Golden Age Society
Date: Friday, Oct 23 | Time: 5:30 PM | Location: Golden Age Society | It’s super casual — drop in, grab a coffee, or tea and hang out for a while as we ease into the weekend. Everyone needs […]\n
Intensive Pilates Class at Northern Lights School of Dance
Date: Friday, Oct 23 | Time: 5:50 PM | Location: Northern Lights School of Dance | Take your Pilates journey to new heights with Intensive Pilates. Ideal for experienced practitioners seeking more.\n
Ladies Lift Class at Northern Strength Academy
Date: Friday, Oct 23 | Time: 6:00 PM | Location: Northern Strength Academy | designed to empower you with strength, conditioning, and body composition improvements.\n
Strength and Conditioning Classes at Northern Strength Academy
Date: Friday, Oct 23 | Time: 7:00 PM | Location: Northern Strength Academy | Exercise to suit your fitness level and Strength & Conditioning Goals. Learn to Squat, Deadlift, Bench Press, Row and Olympic Lift\n
Functional Pilates class at Northern Lights School of Dance
Date: Friday, Oct 23 | Time: 4:30 PM | Location: Northern Lights School of Dance | Functional Pilates with Penny Kosmenko and Rebel Morrison What: Functional Pilates class If you have done Pilates before and want to continue to build core […]\n

Obituaries

Obituary: Michael Wilfred Misurka
Michael Wilfred Misurka died on October 2, 2026, at age 55. He was a pilot who started his own airline, and his family's tribute describes him as a fearless adventurer.
2026-10-22 · Yukon News →
Obituary: Colleen Lorraine Emery (née Parkhurst)
Colleen Lorraine Emery (née Parkhurst) died on August 28, 2026, in Edmonton at age 94. She is survived by her children, including a son in Whitehorse. A celebration of life will be held in Edmonton on October 28, 2026.
2026-10-22 · Yukon News →
Obituary: Patricia Eleanor Kohler
Patricia Eleanor Kohler died on October 10, 2026, at age 92. Born near Keremeos, B.C., she moved to the Yukon in 1971 and worked in hospitality and tour driving. She was a lifelong volunteer.
2026-10-22 · Yukon News →
Janet Mary Roberts Wallace remembered on second anniversary of death
Longtime Yukon educator Jan Wallace, who retired as vice-principal of Elijah Smith School, is remembered on the second anniversary of her death. The notice highlights her teaching career, volunteer work and travels.
2026-10-22 · Yukon News →

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