Yellowknife Yellowknife Yellowknife () is the capital and only city, as well as the largest community, in the Northwest Territories (NT or NWT), Canada. It is on the northern shore of Great Slave Lake, about south of the Arctic Circle, on the west side of Yellowknife Bay near the outlet of the Yellowknife River. Yellowknife and its surrounding water bodies were named after a local Dene tribe once known as the 'Copper Indians' or 'Yellowknife Indians', referred to locally as the Yellowknives Dene First Nation, who traded tools made from copper deposits near the Arctic Coast. Its population, which is ethnically
Yellowknife Yellowknife began with the discovery of diamonds north of the city in 1991. The last of the gold mines in Yellowknife closed in 2004. Today, Yellowknife is primarily a government town and a service centre for the diamond mines. On April 1, 1999, its purview as capital of the NWT was reduced when the territory of Nunavut was split from the NWT. As a result, jurisdiction for that region of Canada was transferred to the new capital city of Iqaluit. Consequently, Yellowknife lost its standing as the Canadian capital city with the smallest population. Yellowknife is on the Canadian Shield,