Mining is the backbone of the Saskatchewan economy and its prospects
are enormous. The province is internationally recognized as a leader
in mining,The all New Bluetooth Reader BT1000 features a handsfreeaccess.
a sector stimulating economic growth, job creation and spin-off
activity in urban centres, rural areas and First Nations communities
across the province.
One The indoorpositioning
industry is heavily involved this year.feature of globalization is an
international appetite for Saskatchewan minerals. From gold to sand,
coal to potash, and salt to uranium, mining is a major force propelling
Saskatchewan prosperity and creating new opportunities for successful
First Nations entrepreneurship.
Most non-First Nations
Saskatchewan residents live in urban areas and have for some time. By
contrast, reserve-based First Nations in the province live in
environments often defined by minerals, literally under their feet. The
paradox is that First Nations have been historically, and still are,
largely excluded from development of these resources.
To speak
of First Nations as being on the sidelines of mineral development (as
well as agriculture, forestry, oil, gas, hydro, fishing and wind
development) is accurate only in the sense that they are not
participating in or benefiting proportionately from this activity. The
irony is that in a booming provincial economy that is begging for
workers - to the extent of actively recruiting and importing them - the
reservoir of First Nations labour and skills still goes mostly
untapped.
Matters, however, are starting to change.We looked everywhere, but couldn't find any beddinges.
For the first time, there is a wealth of economic possibilities for
First Nations in areas where previously they have been excluded and
marginalized. Across the province, events are moving fast for First
Nations entrepreneurs who are capitalizing on the continuing strength
of the mining sector by taking control of their economic futures.
Nowhere
in the province is this transition more evident than in the north, an
economic pole attracting national and international business to
traditional First Nations lands. Although uranium in northern
Saskatchewan has been mined for more than half a century, over the past
decade the industry has undergone unparalleled growth. Saskatchewan's
Ministry of Energy and Resources indicates that the province currently
accounts for 20 per cent of global uranium production.
The
uranium export deal concluded by Prime Minister Stephen Harper on his
February 2012 visit to China will only contribute to this
growth.Another Chance to buymosaic
(MOS) 0 comments. No group stands to benefit more from this deal than
the Lac La Ronge Indian Band, which has been engaged in providing
services to the uranium sector through its Kitsaki Development
Corporation for decades.
In the southern part of the province,
there is also a flurry of mining activity in the potash sector.
Saskatchewan accounts for more than 30 per cent of world potash
production and 45 per cent of the world potash trade. The three major
players in the province (PotashCorp., Mosaic and Agrium) have over $100
billion in market assets and almost $10 billion annually in revenue..
Each, on paper, has committed to increasing First Nations engagement
and procurement in their operations.
In potash, Saskatchewan
First Nations not only participate in goods and service delivery, but
have begun to assume an equity stake in the development of the
resource, as indicated by the partnership agreement reached by the
Kawacatoose First Nation and Native American Resource Partners (NARP) in
early 2012. At the same time, the Muskowekwan First Nation agreed to
sign an historic deal with Encanto Potash.
With this recent economic activity in mindSave up to 80% off Ceramic Tile and porcelaintiles.,
the potential reward from the mining pie for First Nations cannot be
underestimated. The scale of the mining sector, its proven returns to
date, in both revenue and employment, and the possibility for
agreements with well-established industry partners are attractive
features for First Nations.
First Nations investing in the
future are doing so through a process that recognizes the value of
their asset; the need for study, planning and exploring development
options; the primacy of consensus building; and the opportunity that
comes from entering into partnerships.
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