Thank you, Mr. Speaker. Our socio-economic agreements with the two existing mines do stipulate that they make rough diamonds available for secondary, value-added industries here in the NWT. They are doing that. In terms of details, it's very difficult for us, because they are business arrangements and we are not privy to all the details of these, it's difficult for us to assess these agreements. It's also very difficult to know what the cost of diamonds is on the open market because, of course, these are confidential agreements between parties. But in terms of our socio-economic agreements, it is stipulated that these mines provide access to rough to our local cutting and polishing industry. Thank you, Mr. Speaker.
Brendan Bell on Question 399-15(4): Support Of The Secondary Diamond Industry In The Nwt
In the Legislative Assembly on February 14th, 2006. See this statement in context.
Return To Question 399-15(4): Support Of The Secondary Diamond Industry In The Nwt
Question 399-15(4): Support Of The Secondary Diamond Industry In The Nwt
Item 6: Oral Questions
February 13th, 2006
Page 1006
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