posted on 2024-07-12, 17:41authored byRichard Missens, Leo-Paul Dana, Robert B. Anderson
Natural resources are a cornerstone of Canada's economy. Today, natural resources industries support more than 650 communities and accounts for 12% of Canada's Gross Domestic Product (Industry Canada). The Canadian diamond industry in 2004 accounted for 4% of the total expenditures on mining and processing and is poised for significant growth and contribution to the economy of Canada. This emerging industry has created a unique opportunity for Canada's northern Aboriginal people. In negotiation with the diamond companies the Aboriginal 1 communities have provided their consent for the diamond mines and have ensured their participation in all diamond projects within their traditional territories. Five Aboriginal communities have signed partnership agreements with Diavik Diamond Mines Inc. providing joint control of training, employment and business opportunities. This paper will discuss the commitments, and the progress, made by Diavik in the participation agreements with the First Nation and Aboriginal signatories.
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Journal title
AGSE International Entrepreneurship Research Exchange 2006: the 3rd International Australian Graduate School of Entrepreneurship (AGSE) Research Exchange, Swinburne University of Technology, Auckland, New Zealand, 07-10 February 2006 / L. Murray Gillin (ed.)
Conference name
AGSE International Entrepreneurship Research Exchange 2006: the 3rd International Australian Graduate School of Entrepreneurship AGSE Research Exchange, Swinburne University of Technology, Auckland, New Zealand, 07-10 February 2006 / L. Murray Gillin ed.