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Goldcorp Inc. and Lac Seul First Nation sign Obishikokaang Collaboration Agreement

Author

Compiled by Debora Steel

Volume

31

Issue

6

Year

2013

Goldcorp Inc. and Lac Seul First Nation in Ontario have signed the Obishikokaang Collaboration Agreement setting a framework for ongoing consultation and support for current and future operations of Red Lake Gold Mines. The agreement, signed in ceremony Aug. 16, also redefines the benefits of the mine operation for the First Nation, including training and employment opportunities, business and contracting opportunities, and Goldcorp’s future financial contributions in support of community development. Lac Seul Nation has 3,200 band members. “This agreement demonstrates that Lac Seul First Nation can work successfully with industry,” said Chief Clifford Bull of Lac Seul First Nation. “I want to extend my gratitude to Goldcorp for working with our First Nation to develop this Obishikokaang Collaboration Agreement, which will help create prosperity within our First Nation and the region, and certainty for Goldcorp.” Red Lake Gold Mines is Goldcorp’s top producing mine, yielding 507,700 ounces in 2012. The company is developing the Cochenour Project, expected to commence operation in 2015. The negotiations were intensive, said Chief Bull. The end result means “a significant improvement in Lac Seul First Nation’s relationship with Goldcorp and with Red Lake Gold Mines has been achieved.” The agreement also provides additional funding for the Lac Seul Training Centre of Excellence and the Lac Seul First Nation Business Equity Fund. The Centre, founded last year with support from Goldcorp, provides quality, certified training programs and workshops to members of the community and the region at large.