18 February 2014
De Beers Canada Inc. (De Beers) and Mountain Province Diamonds (TSX: MPV, NYSE MKT: MDM) are pleased to announce that De Beers, as Operator of the Gahcho Kué Project, has entered into an Impact Benefit Agreement (IBA) with the Yellowknives Dene First Nation for the proposed Gahcho Kué Mine. The agreement puts in place a framework for De Beers and the Yellowknives Dene First Nation to work together over the life of the mine and it enables participation by the Yellowknives Dene First Nation in the opportunities that the mine provides.
"The Gahcho Kué Project is located within Chief Drygeese Territory. Our members have lived on the land throughout our traditional territory, hunting, fishing and trapping, since time immemorial,” said Chief Edward Sangris. “This agreement provides certainty that training, employment and business opportunities are made available to Yellowknives Dene members and it includes financial provisions necessary for ensuring fair participation in opportunities the project will provide.”