Goldcorp Signs Resource Development Agreement with Ontario First Nations

Goldcorp (TSX:G,NYSE:GG) announced that Porcupine Gold Mines has signed a resource development agreement with four First Nation communities in Timmins, Ontario. The agreement outlines long term benefits for the First Nation communities, and sets up a framework for continued consultation on existing and future operations in the area.

As quoted in the press release:

Under the agreement, Goldcorp recognizes and respects Aboriginal rights and interests in the area of the Porcupine Gold Mines operation and the four First Nation communities recognize and support Goldcorp’s rights and interests in the operation and future development of the mine. The agreement also reflects Goldcorp’s commitment to protecting the environment and supporting Aboriginal social and cultural practices in a spirit of continued collaboration.

Mine General Manager at Goldcorp’s Porcupine Gold Mines, Marc Lauzier, said:

Goldcorp recognizes the importance of working with and learning from local First Nation communities in areas where we operate. This agreement creates the foundation for a lasting relationship built on trust, mutual respect and constructive engagement. It contributes to the sustainable development of our operations and provides long-term economic benefits to Mattagami, Wahgoshig, Matachewan and Flying Post First Nations.

Click here to read the Goldcorp (TSX:G,NYSE:GG) press release