Detail from the “Saltwater Chief,” a Nisga’a chieftain throne. Credit: Nisga’a Lisims Govt. / Gary Fiegehen
Two First Nations groups have partnered with a trucking company to buy a bulk terminal port near British Columbia’s border with Alaska serving Newmont’s (TSX: NGT; NYSE: NEM) Brucejack and Red Chris mines that produce gold, silver and copper.
The Nisg̱a’a Nation and the Tahltan Nation Development Corp. (TNDC), together with Arrow Transportation Systems, will acquire the Stewart Bulk Terminal, a key shipping hub on the Portland Canal for mines in the province’s Golden Triangle and beyond, they said Monday. No cost was given but the BC government funded C$5 million towards the deal that’s expected to close within months.
“Together, we are making history,” Kerry Carlick, President of Tahltan central government said in a release. “The acquisition of the strategic asset will…
