OUJÉ-BOUGOUMOU, QC, June 21, 2013 /CNW/ - The Grand Council of the Crees
(Eeyou Istchee), the Cree Regional Authority, the Oujé-Bougoumou Cree
Nation and BlackRock Metals Inc. announce that they have entered into
the BallyHusky Agreement on June 20, 2013 regarding the development and
operation of BlackRock's project in Eeyou Istchee, an iron-ore and
vanadium open pit mine in the traditional territory of the
Oujé-Bougoumou Cree Nation.
Community approval was expressed through the support of the
Oujé-Bougoumou Cree Nation Council on May 27, 2013. The approval of the
Agreement by the Grand Council of the Crees (Eeyou Istchee) and the
Cree Regional Authority on June 5, 2013 represents the support of the
Cree Nation as a whole, and ensures a stable regional environment for
the development and operation of BlackRock's project.
The official signing ceremony took place in Oujé-Bougoumou on June 20,
After extensive negotiations where the Cree parties expressed a range of
concerns related to environmental protection, training, employment and
contracting, as well as other issues, and after being satisfied that
these concerns will be addressed by BlackRock, the Crees, through the
BallyHusky Agreement, have expressed their commitment to collaborate
with BlackRock during the construction and operations of this new mine
in the Eeyou Istchee territory. The Agreement, which will be in effect
for the life of the mine, contains various provisions regarding Cree
involvement in the development of the project, including employment and
business opportunities and training and education initiatives.
Moreover, the Agreement aligns the parties' respective interests in the
economic success of the project and ensures that the Crees will receive
financial benefits through different payment mechanisms and
participation in the profitability of the mine.
"The BallyHusky Agreement is a vibrant example where, with the
participation of the Crees, mining development can take place and
prosper in Eeyou Istchee." said Dr. Matthew Coon Come, Grand Chief of the Grand Council of the Crees (Eeyou Istchee).
"BlackRock has recognized that partnership with the Crees is an
essential condition for the success of its project in Eeyou Istchee.
We found the right balance between economic development, protection of
the environment and our traditional way of life. The Crees are ready,
willing and able to make this partnership work for our mutual benefit."
"The Cree community of Oujé-Bougoumou is pleased to be entering into
this long-term Agreement with BlackRock Metals. The representatives of
this company have shown themselves to be very understanding and
accommodating of our concerns and our requirements and we believe we
have established a very firm foundation for a mutually beneficial and
lasting relationship." said Chief Reggie Neeposh of the Oujé-Bougoumou Cree Nation.
About the Grand Council of the Crees (Eeyou Istchee)
The Grand Council of the Crees (Eeyou Istchee) is the political body
that represents the approximately 18,000 Crees or "Eeyouch" (or
"Eenouch"). The Council is constituted of twenty (20) members
including: the Grand Chief and Deputy Grand Chief elected at large by
the Eeyouch, the chiefs elected by each of the nine (9) recognized Cree
communities, and one (1) other representative elected by each
About the Cree Regional Authority
The Cree Regional Authority ("CRA"), set up by virtue of the signing of
the James Bay and Northern Québec Agreement as the administrative body of the Cree Nation Government, is
responsible for environmental protection, the hunting, fishing and
trapping regime, economic and community development, Cree governance
and other matters as decided by the Board of Directors. The Board of
Directors of the CRA is the same joint governing body that manages the
Grand Council of the Crees and is referred to as the "Council/Board".
About the Oujé-Bougoumou Cree Nation
Oujé-Bougoumou is the newest of the Cree First Nations in Eeyou Istchee
having been constructed during the first half of the 1990's. After
many years of negotiations, Oujé-Bougoumou was recently incorporated
formally into the James Bay and Northern Québec Agreement. In the course of the construction of Oujé-Bougoumou, the community
enjoyed national and international recognition for its community
development efforts including recognition from the United Nations and
participation in Expo 2000.
SOURCE: Grand Council of the Crees (Eeyou Istchee)
For further information:
For the Grand Council of the Crees (Eeyou Istchee)
and the Cree Regional Authority
Mr. Abel Bosum
Tel.: (514) 774-7077
For the Oujé-Bougoumou Cree Nation
Mr. Randy Bosum
Tel.: (418) 745-2519