Fortune Minerals Limited. T.FT

NWT Mineral Resources Act Regs –Preparing for Implementation

[Allman]

... the regulations that will bring the Mineral Resources Act into force are advancing under a protocol set out in the Intergovernmental Agreement on Lands and Resources Management, a first for our territory. This work includes restructuring the department’s Mineral and Petroleum Resources Branch for efficiency and supporting the new legislation with necessary software changes for greater transparency and accessibility.
An example of this leading industry approach is the proposed modernization of the socio-economic and impact-benefit agreements signed with diamond mines. 
These agreements have positioned the NWT as a leader in the social and
environmentally-conscious management of mining in Canada. Under the Mineral Resources Act, future benefit agreements can take various flexible forms, including participation, partnership, and equity agreements, all in the spirit of implementing of the United Nations Declaration on the Rights of Indigenous Peoples.
The time is right for these changes. There is a desire to chart a new way of doing business in the territory, bringing further clarity to industry and investors. This work is crucial as the territory moves towards a new era of mining amid a growing demand for critical minerals.

https://www.gov.nt.ca/en/newsroom/caitlin-cleveland-mineral-resources-act-regulations-preparing-implementation