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    market news

    Quebec First Nations Want to Add Rare Earths to Existing Ban

    Teresa Matich
    Nov. 07, 2014 11:50AM PST
    Rare Earth Investing

    According to Mining Weekly, a group of Labrador-based first nations are calling for rare earth elements (REE’s) to be included in an existing moratorium on uranium projects in Quebec.

    According to Mining Weekly, a group of Labrador-based first nations are calling for rare earth elements (REE’s) to be included in an existing moratorium on uranium projects in Quebec. Specifically, two Algonquin First Nations are taking issue with Matamec Exploration’s (TSXV:MAT) REE project in the province.

    As quoted in the publication:

    The Quebec government had decreed a moratorium on issuing exploration, development or mining permits for uranium projects in the province on March 28, 2013, until an independent study of the impacts of uranium was completed.

    The Assembly of the First Nations of Quebec and Labrador (AFNQL), which currently represented 43 tribal chiefs, said, during an assembly last month, the First Nations resolved to support the Eagle Village and Wolf Lake AlgonquinFirst Nations in opposing Canadian firm Matamec Explorations’ proposedKipawa rare earths project on First Nation reserve lands.

    Click here to read the full Mining Weekly article.

    matamec explorationstsxv:matmarket news
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