The Tlicho Government has signed a memorandum of understanding (MOU) that could lead to future mining projects on its land.
The other signatory was Fortescue, a technology, energy and metals group based in Australia. The two parties put pen to paper at the the Association for Mineral Exploration in Vancouver on Jan. 20.
"Today’s signing of the memorandum of understanding between Tlicho Government and Fortescue marks a milestone in the development of potential mining opportunities in the Tlicho lands," said Tlicho Grand Chief Jackson Lafferty. "Our commitment to developing shared knowledge through effective partnerships with responsible global leaders will protect our culture and traditions and ensure the safety of our land and wildlife. We look forward to working with Fortescue to explore future opportunities and, based on informed research and planning, build a brighter future for our communities."
With the new MOU signed, one of the Tlicho Government's top priorities will be undertaking an assessment of lithium potential within its territory. Fortescue, which has projects underway in Australia, Africa and Latin America, and claims to have a strong track record of working with Indigenous groups — particularly in terms of training and employment — will ostensibly be able to help with this objective.
“Fortescue was founded as an exploration company and we still believe that early-stage exploration is the key to unlocking significant value," said Warren Fish, the Australian company's director of approvals, communities and environment. “Today marks an important milestone in our shared journey with the Tlicho Government. This agreement is a testament to the innovative and collaborative spirit that defines the Tlicho people and together, we have the opportunity to set a new standard for resource development — one that places people, culture and the environment at its core.”
Both the Ekati and Diavik diamond mines are located on Tlicho lands. However, Diavik is expected to cease operates in 2026 while Ekati is aiming to remain operational for the next decade or two.
Karen Costello, the executive director for the NWT and Nunavut Chamber of Mines, said the organization is supportive of the Tlicho government's move to explore new mining prospects within its territory.
"It is encouraging to see Tlicho Government take this step to better understand the mineral potential on its lands, and is a clear indication of their openness to mineral development," Costello said. "As the MOU has not yet been operationalized it is hard to comment on the potential for lithium mining, but overall we see this as a very positive development."