Village of Iskut, Tahltan Territory. Photo: Tad McIlwraith

Not long ago, a group of elders under the name of Klabona Keepers from the Tahltan Nation blocked entry to Imperial Metals’ Red Chris mine near Iskut in response to the company’s serious mining waste spill at their Mount Polley location.

With the action impeding Imperial Metals from continuing on with their $500 million dollar copper‐gold mine, external factors relating to regulatory trends and stakeholders are inevitably impacting the company’s business model.

Although the Keepers are not opposed to economic development, Imperial Metals’ failure to possess all required permits violates the regulatory trends necessary to operate on the Tahltan Nation’s land.The Aboriginal community of the Tahltan Nation are all stakeholders of Imperial Metals’ operations that occur on their land, which means any action Imperial Metals carries out will in a way impact its stakeholders.

While Imperial Palace is looking to expand its mines on land precious to the First Nations, it is important to keep in mind in order for it to operate successfully, it must not cause irreversible damage to the land its stakeholders value. In return, Imperial Palace will generate employment and economic development, positively impacting the Aboriginal reserves around.

Read the full article here.

References:

Secher, Kristian. “First Nation Announces Blockade at New Imperial Metals Mine | The Hook, A Tyee Blog.” The Tyee. 8 Aug. 2014. Web. 06 Oct. 2014.