Waiting for Voisey’s Bay: Six Years Was Too Long
After six long hard years of negotiation a deal has been struck that will see the nickel ore deposits at Voisey's Bay begin to be mined. In looking at the deal, Peter Fenwick, AIMS' voice on Newfoundland & Labrador, asks why a similar deal was not concluded a long time ago. Most of the terms included in the final deal have been on the table for some time and the public has given a rousing endorsement to the terms reached between Inco, the provincial government and the Innu and Inuit people. Gauging the damage done to the Newfoundland mining industry by these negotiations is difficult. What exploration programs were cancelled, and what promising finds not developed, is impossible to say.