Shoshone-Paiute sign profit-sharing deal with Canadian gold company
The Shoshone-Paiute Tribes of the Duck Valley Reservation have entered a profit-sharing agreement with Integra Resources, a Canadian mining company, to jointly develop a gold and silver mine on their homelands in southwestern Idaho, according to Grist. The legally binding deal includes revenue sharing, oversight by the tribe and commitments to support economic development and language revitalization efforts during the mine’s operation.
Vice Chairman Arnold Thomas told Grist revenue from the project will help fund a tribal health care system and language programs. Consultant Maranda Compton called the deal “the new standard” for how companies and tribes can work together under the United Nations Declaration on the Rights of Indigenous Peoples.
- 1.Grist.
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