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International investment press scrutinizes outdated mining law


Today\'s Financial Times Details Mining Conflicts with First Nations and Private Property Owners

TORONTO  - This weekend\'s Financial Times draws the attention of the international investment community to conflicts caused by outdated Canadian mining law, detailing problems for the Canadian mining industry, First Nations, and private property owners.

"This is an international black eye for Canada\'s reputation as a place to do business and as a fair and just society. First Nations should have the right to balance mining with other values, including the option to say "no" to mining when warranted," commented Janet Sumner of CPAWS Wildlands League. "Values such as conservation planning, climate change and Aboriginal Rights need to be put on par with mining. We are living in the 21st century with a mining law that dates back to the colonial era. It needs to be reformed."

The current system of granting mineral claims without prior consultation and accommodation conflicts with constitutionally protected Aboriginal and treaty rights and disregards conservation planning or other land use priorities. Seven First Nations\' leaders are currently serving extended jail
sentences for preventing mining exploration on their traditional lands. Their plight has brought national attention to the antiquated mining law. The weekend story brings the problem to a broader international audience, most importantly, international investors.

The Financial Times ranks among the world\'s most influential, international financial newspapers. The paper is based in London, one of the world\'s leading mining investment centers. The Financial Times\' circulation is second only to the Wall St. Journal among the world\'s financial newspapers.

Read the full story at:
http://us.ft.com/ftgateway/superpage.ft?news_id=fto050920082209063362

For further information:

Anna Baggio
Director Conservation Land Use Planning
CPAWS Wildlands League
(416) 453-3285
anna@wildlandsleague.org;

Jacob Ostaman
Acting Spokesperson for KI
(807) 537-2263;
 
Co-Chief Mireille Lapointe
Ardoch Algonquins
(613) 273-3530;

Chris Reid
lawyer for KI and Ardoch Algonquins
(416) 666-2914 cell