First Nation says McEwen Mining breached agreement, owes almost $1M in unpaid shares – by Aya Dufour (CBC News Sudbury – February 24, 2025)

https://www.cbc.ca/news/canada/sudbury/

Apitipi Anicinapek Nation is taking the matter before an Ontario court

The Apitipi Anicinapek Nation (AAN) has launched a lawsuit against McEwen Mining Inc., alleging breach of contract and environmental damage.The lawsuit centres around an Impact Benefit Agreement (IBA) signed in 2011 between AAN and Brigus, the then-owner of the Black Fox Mining Complex near Matheson, Ont.

IBAs are agreements between resource extraction companies and Indigenous communities intended to mitigate the impacts of development on traditional territories and ways of life. In this case, the IBA promised AAN financial compensation in the tune of 25,000 shares of the mining company annually.

AAN’s director of negotiations, Lance Black, says it was the first IBA ever signed by the First Nation, and it brought good things to the community.”We benefited a lot from the construction… Over the years we’ve had many of our members work there. We’ve had different contracts thanks to the project,” he said.

For the rest of this article: https://www.cbc.ca/news/canada/sudbury/impact-benefit-agreement-matheson-apitipi-anicinapek-nation-1.7465392