15 Apr Inuit stake in Arctic mines raises fears of environmental conflict (The Canadian Press)
Inuit land-claim groups have formed a company to invest directly in Arctic resource development in an effort to win more benefits and ensure that a greater share of mining profits remains in the North. “We are looking at direct equity participation,” said Charlie Evalik, head of the Kitikmeot Inuit Association, one of three groups that have come together to form the Nunavut Resources Corp. “We now want to move up the mineral resource value chain to ensure that the people of Nunavut get more from their own resources.” While industry welcomes the move, environmentalists warn it could lead to serious conflicts of interest… go to article