Michael Byers is the Canada Research Chair in Global Politics and International Law at the University of British Columbia, and the author of International Law and the Arctic.
A Chinese state-owned company wants to purchase a gold mine in Nunavut. Does the Arctic location make the purchase a national security risk?
The Hope Bay gold mine is operated by TMAC Resources, a junior Canadian mining company. Shandong Gold wants to buy TMAC for $208-million, and 97 per cent of TMAC shareholders have approved the sale.
Meanwhile, however, the Canadian government has ordered a national security review; some experts, including retired Major-General David Fraser, have pointed to Arctic sovereignty and security as reasons for blocking the sale. Continue Reading →