- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Algonquin First Nations Oppose Quebec’s Investment in Matamec Explorations
The chief and members of the Wolf Lake and Eagle Village First Nations wrote to the Quebec government on Thursday, opposing Quebec’s million dollar investment in Matamec Explorations (TSX:MAT) Kipawa Rare Earths project. The Algonquin First Nations believe the project has the potential for significant negative effects on their rights and title, environment and culture.
The chief and members of the Wolf Lake and Eagle Village First Nations wrote to the Quebec government on Thursday, opposing Quebec’s million dollar investment in Matamec Explorations (TSX:MAT) Kipawa Rare Earths project. The Algonquin First Nations believe the project has the potential for significant negative effects on their rights and title, environment and culture.
According to the press release:
The Algonquin First Nations believe the Kipawa project has the potential for significant negative effects on their Aboriginal rights and title, environment and culture and have never provided consent for the project to move to the development phase. Given the Algonquin’s assertion of Aboriginal Rights and Title and the recent Supreme Court decision in Tsilhqot’in – Quebec stands a good chance of loosing its substantial investment of public funds.
Matamec Explorations Inc. proposes the construction, operation and decommissioning of a rare earths open-pit mine about 40 kilometres east of the municipality of Kipawa on a territory where the Algonquin First Nations assert Aboriginal Title and Rights. The proposed project would process 1.3 million tonnes of ore per year over a 15-year operation period.
Click here to read the Matamec Explorations Inc. (TSX:MAT) press release
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.