Two historic agreements for the Innu Nation Matimekush-Lac John of ScheffervilleJune 14th, 2011
Labrador Iron Mines Holding Limited is pleased to announce June 7, 2011 that it has signed a landmark Impact Benefits Agreement with the Nation Innu Matimekush–Lac John of Schefferville, Quebec ("MLJ"), with regard to LIM's Schefferville Area direct shipping iron ore mining projects in the Province of Newfoundland and Labrador and in the Province of Quebec.
Under the IBA Agreement, LIM has agreed to the equitable participation of the Innu Matimekush-Lac John in its Schefferville Area Projects through employment, training, contract opportunities and financial benefits, including some community infrastructure projects, and has agreed to take certain social and environmental protection measures to mitigate the impact of the Projects on MLJ families and traditional activities. Pierre Dozois BCF's lawyer was the chief negiocitor for The Nation Innu Matimekush Lac John and Nadir André BCF's laywer and specializes of aboriginal law was as counsel for the Nation Innu Matimekush. A other agreement was signed with Tata Steel. You can consult the press release for more information