Attawapiskat approves De Beers diamond project.De Beers has cleared a major hurdle HURDLE, Eng. law. A species of sledge, used to draw traitors to execution. toward the development of Ontario's first diamond mine. The Attawapiskat First Nation voted 85 percent in favour of an Impact Benefit Agreement (IBA IBA abbr. International Bar Association IBA (in Britain) Independent Broadcasting Authority IBA n abbr (Brit) (= Independent Broadcasting Authority ) with De Beers Canada. The June 21 ratification The confirmation or adoption of an act that has already been performed. A principal can, for example, ratify something that has been done on his or her behalf by another individual who assumed the authority to act in the capacity of an agent. vote would clear the way for development of the proposed Victor diamond mine, pending the completion of a federal environmental assessment (EA). The $982-million mine will be located 90 kilometres west of the community in the James Bay James Bay, shallow southern arm of Hudson Bay, c.300 mi (480 km) long and 140 mi (230 km) wide, E central Canada, in Nunavut Territory between Ont. and Que. Numerous rivers flow into the bay; many of these have been developed for hydroelectric power in Quebec (see lowlands. The IBA negotiations process, which spells out the benefits the community will receive from the project, began in 2003. An agreement was reached in principle last December. Following EA approval, the agreement will be formally signed by De Beers and the community. De Beers received conditional approval to build the mine in May. Construction is slated to begin in January 2006 and will eventually employ 400 workers. |
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