Community - First Nations’ Engagement
The Casino property lies within the traditional territories of the Selkirk and Little Salmon/Carmacks First Nations and borders Tr’ondëk Hwech’in to the north.
We believe in direct engagement with these communities to help ensure respectful relationships and open and transparent communication about our proposed project. That includes engagement with First Nation governments and their communities of Pelly Crossing, Carmacks and Dawson City.
To date, we have signed cooperation agreements with Selkirk First Nation, Little Salmon/Carmacks First Nation and Tr’ondek Hwech’in. We are fully committed to a continuous process of engagement with our local First Nations communities throughout the permitting and licensing phases, through to production, operation and closure.
As part of our priority to meet the needs and values of Yukon individuals and communities, we are also examining the territory’s existing resource revenue sharing arrangement. Under Yukon’s Quartz Mining Act (QMA), a royalty is a share of profits from a mine in the territory, reserved for the Yukon Government as owner of the mineral rights, for permitting extraction of mineral resources. A mine operator pays it annually to Yukon Government on an escalating rate basis, for any mining profits that exceed $10,000 and it is capped at 12 per cent for any profit in excess of $35 million. As per the Umbrella Final Agreement, the government shares 50 per cent of a producing mine’s first $2 million in royalties and 10 per cent over that.
When in production, Casino anticipates providing $130 million in taxes and $60 million in royalties each year during its 22-year mine life. We are also committed to working with territorial and Yukon First Nation leaders to help ensure that the revenues from our proposed mine benefit all governments and communities.
Throughout every stage of the Casino min project, strong partnerships will ensure that Yukon residents also benefit socially through Casino Cares, as well as from employment and supplier contracts for goods and services.