Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

GOLDBROOK VENTURES INC V.GBK



TSXV:GBK - Post by User

Comment by couples4on Nov 29, 2011 8:01pm
169 Views
Post# 19276801

RE: REx5: BAD AND GOOD NEWS

RE: REx5: BAD AND GOOD NEWS

            RS, I can answer your question on support for the Aboriginal community: Obviously we are talking about one of the most profitable nickel mine in the world and to make a connection with what Jien-GBK will pay,we  should know the profitability of the mine (Xstrata) and calculate the% that these amounts represent ...

                 

XSTRATA NICKEL SHARES $15.2 MILLION OF RAGLAN'S OPERATING PROFIT WITH INUIT COMMUNITIES

QUÉBEC, June 1, 2011 /CNW Telbec/ - Xstrata Nickel Raglan Mine today presented a cheque in the amount of Cdn$15.2 million to the Makivik Corporation and the Inuit communities of Kangiqsujuaq and Salluit. This sum represents the Inuit communities' share of the profits generated in 2010 by the Raglan nickel mine operation, located in Nunavik, Northern Québec.

To date, more than Cdn$100 million in profit-sharing payments have been directed to an Inuit trust fund for economic and community development through the Raglan Agreement.

The comprehensive agreement signed in 1995 by the Raglan operation, the Makivik Corporation and local Inuit communities supports harmonious relations and fosters opportunities between Xstrata Nickel and local populations in areas such as training, hiring of local businesses and environmental management.

    

            For the other issues,it will take time,but i'm pretty sure i will find     Couples4

<< Previous
Bullboard Posts
Next >>