New Indigenous-owned mining royalty company a first in Canada

Brucejack Mine, located in British Columbia. The mine is part of Nations Royalty’s portfolio of royalty assets, through Nisga'a Nation.Withminimum fanfare, the new company quietlyhit a milestone on the road to Indigenous economic reconciliation in this country, becoming the only mining royalty company in the world that is majority-owned by Indigenous people.

“We still haven’t broken away from the Indian Act, like we would like to … We want to be accountable to ourselves. will allow us to manage our own wealth, instead of relying on government funding.” “We do have a vision to build a top-five royalty company, and the path is there – because the number and scale of Indigenous royalties across Canada are very impressive,” said Nations Royalty CEO Rob McLeod.

And for the royalty-holders themselves – in this case, Indigenous royalty holders – royalty companies are a way to monetize royalty agreements that have been signed but aren’t generating any revenue yet, such as in cases where the mine has not yet entered production.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

New Indigenous-owned mining royalty company a first in CanadaIn June of this year, a new company called Nations Royalty Corp. began trading on the TSX Venture Exchange.
مصدر: SooToday - 🏆 8. / 85 اقرأ أكثر »

Hajdu won’t say if non-Indigenous companies should pay back Indigenous contractsIndigenous Services Minister Patty Hajdu repeatedly dodged questions on Monday over non-Indigenous companies accessing federal contracts meant for First Nations, Inuit and Métis.
مصدر: GlobalCalgary - 🏆 50. / 61 اقرأ أكثر »

Ottawa must eliminate tokenism from Indigenous procurement program, says Indigenous business leaderIndigenous Services Minister Hajdu defends program, warns it would be at risk under a Conservative government for being “too woke”
مصدر: globepolitics - 🏆 12. / 78 اقرأ أكثر »