Mineral Resources Act “not a silver bullet” for Industry

Photo Courtesy of Dominion Diamond.

Community tours start this week for NWT residents to weigh in on a new Mineral Resources Act for the territory.

NWT and Nunavut Chamber of Mines Executive Director Tom Hoefer says this comes with industry at a 10 year low in the territory.

“There is a whole suite of things that are required in the NWT to help the investment climate from infrastructure to regulatory improvements to settling land claims so the mineral resources act isn’t going to be a silver bullet,” said Hoefer in an interview with CKLB.

Hoefer, says there’s one area of concern from mining companies regarding the Mackenzie Valley Resources Management Act, and government being able to charge companies fees or fines.

” They now have the ability to recover costs from environmental assessments to licensing and permitting, and that would be a real change for the north because the north is an expensive place to do business, so we are really urging them not to move on with that at this time,” stressed Hoefer.

Yellowknife will hold the first public meeting on the mining legislation today from 3-8pm at the Tree of Peace. Most community sessions have already been announced through radio advertisements and social media.

People in the Tlicho region can weigh in on the Mineral Resources Act on Wednesday at the Cultural Centre. The Dehcho Region will have a community meeting in Fort Simpson on Thursday at the Recreation Centre. All community sessions are from 3-8pm.

About the Author

Josh Campbell
Josh Campbell has returned to the CKLB News Team. He covered female university soccer and volleyball in New Brunswick, prior to graduating from Loyalist College in Mohawk Territory near Belleville, Ontario in 2007. He's covered politics and Indigenous stories in both the NWT and Yukon over the last 10 years.

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