Thursday 21 November 2013

Northwest Territories #Mineral #Development #Strategy #PDF via @ChamberNWT #NWT #mineralstartegy #nwtpoli #CDNpoli

Northwest Territories #Mineral #Development #Strategy #PDF http://ow.ly/r4h8v via @ChamberNWT #NWT #mineralstartegy #nwtpoli #CDNpoli

"... The purpose of the NWT Mineral Development Strategy is to realize, responsibly and sustainably, the full potential of the NWT's rich mineral resources and use it to ensure lasting prosperity for NWT residents and communities. A partnership between the Government of the Northwest Territories (GNWT) and the NWT and Nunavut Chamber of Mines, the Mineral Development Strategy (the Strategy) is a plan of action that will help to unlock the mineral potential in the territory and promote the NWT as an attractive investment opportunity.
Mineral exploration and mining activities form an important sector of the NWT economy. In addition to direct and indirect employment opportunities, mineral development provides important revenues for public governments — money that
assists in supporting programs and services that are important to all NWT residents. In addition, Aboriginal governments, in settled claim regions, receive significant shares of mining royalties. To ensure that these benefits continue well into the future, it is important that a clear plan be established that will guide decision-making related to the minerals industry.
The NWT Mineral Development Strategy has been developed by the GNWT in partnership with the NWT and Nunavut Chamber of Mines using a consultative approach. In January 2013, the GNWT released a Discussion Paper that outlined the main issues that the Strategy must address. Following this, a Stakeholder Engagement Panel was appointed whose task was to collect the views of a broad range of stakeholders and Aboriginal groups and to make recommendations based on this information. The Panel released its report in June 2013 which laid the foundation for this Strategy. The recommendations outlined in the Panel's Report guide both the Strategy and annual Implementation Plans that will follow...."

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