The Qikiqtani Inuit Association has extracted huge commitments and what could amount to more than $100 million in additional payments from Baffinland Iron Mines through a newly-signed agreement, provided Mary River mine phase two expansion proceeds.

The deal, known as the Inuit Certainty Agreement, will give Inuit greater authority in monitoring developments at the mine and associated impacts on the environment and the Inuit way of life.

The QIA's royalty would rise incrementally to three per cent once Baffinland's phase two mine expansion is underway for 72 months. That royalty starts at 1.19 per cent.

Baffinland will also make one-time "milestone payments" of $5 million SA国际影视传媒� if and when phase two becomes effective SA国际影视传媒� and $1.25 million every three months for the following eight quarters.

Then comes a $15 million lump sum after 54 months and another $15 million after 72 months.

Baffinland has also agreed to help build child-care centres in Pond Inlet, Arctic Bay, Clyde River, Iglulik and Sanirajak SA国际影视传媒� worth up to $15 million in total SA国际影视传媒� and will also assist with the same infrastructure in Kinngait and Kimmirut, if the company's mine expansion proposal reaches Steensby Inlet. In addition, the mining company will pay $19 per child per day to help offset the cost of childcare in those communities.

Inuit Impact Benefit Agreement implementation costs will result in payments of $2.25 million per quarter for 14 straight quarters, then dropping to $2 million per quarter.

If Baffinland chooses to make an initial public offering of shares through the stock market, the QIA will receive five per cent of that amount or $10 million, whichever is less.

Baffinland must also post a $10 million project bond that will be ensure it meets at least minimum standards and objectives.

There will be a one-time $1.3-million payment to the Mittimatalik Hunters and Trappers Organization in Pond Inlet for SA国际影视传媒渃hanges in the hunting experienceSA国际影视传媒� since Mary River mining activity got underway.

Another $750,000 will be paid annually into a Harvesters Enabling Program that will go to HTOs in the five affected communities.

Baffinland will pay QIA $400,000 for failing to meet SA国际影视传媒淚nuit contentSA国际影视传媒� goals to date, such as purchasing from communities, subcontracting or training

A revised Water Compensation Agreement will be worth $225,000 per year to the QIA, but that amount will be prorated for 2020 as the Inuit Certainty Agreement was only signed in mid-June.

This is all on top of improved contracting measures, evolving Inuit employment goals that come with monetary penalties for Baffinland if they fall short and the formation of a committee that will monitor issues such as language preservation, access to country food, support for youth and Elders, quality of life, housing, income and cost of living, mental health, education and training.

'Unprecedented,' says Akeeagok

QIA President P.J. Akeeagok called the deal SA国际影视传媒渦nprecedentedSA国际影视传媒� and SA国际影视传媒渉olistic.SA国际影视传媒�

SA国际影视传媒淲hen we started the discussions with Baffinland, it was our priority to ensure that we find a way that puts Inuit in the forefront in terms of oversight ... for Inuit world view, Inuit concerns, Inuit Qaujimajatuqangit to truly have meaning,SA国际影视传媒� said Akeeagok. SA国际影视传媒淪o we've structured a very robust, unprecedented stewardship plan that puts Inuit, especially from the impacted communities, at that decision-making authority.SA国际影视传媒�

Akeeagok emphasized that the agreement SA国际影视传媒渆choesSA国际影视传媒� the concerns expressed by Inuit in the communities affected by the mine. He added that some of the funds will flow directly to those communities.

SA国际影视传媒淭hey want to see self-determination and want to participate through the different benefits structures, whether it's the decision-making or monetary benefits,SA国际影视传媒� he said, adding that a policy is being developed to define the percentage of revenues that will be distributed to the communities.

Not all the differences between Baffinland and the QIA have been ironed out yet. Concerns remain over potential shipping impacts on marine life, Akeeagok acknowledged. He also pointed out that the Inuit Certainty Agreement doesn't supersede the NIRB proceedings, which have yet to be completed for Baffinland's phase two.

SA国际影视传媒淲e highly respect the process of NIRB,SA国际影视传媒� he said. SA国际影视传媒淭his Inuit Certainty Agreement does not limit or make any less the concerns that the intervenors but, more importantly, the HTOs and hamlets can make (themselves heard) right through the NIRB process.SA国际影视传媒�

The QIA president admitted that his organization and Baffinland have weathered SA国际影视传媒渁 lack of historical trust,SA国际影视传媒� but he expressed hope that the parties are reaching to a new understanding.

SA国际影视传媒淚 think over the years we've really tried pushing hard in terms of finding that common ground,SA国际影视传媒� he said. SA国际影视传媒�(This agreement) really puts the Inuit on equal footing in terms of the oversight, monitoring and research aspect of it ... I'm very optimistic that we'll be able to work well with the communities to truly advance what's within the agreements and that Baffinland will live up to all their obligations that are outlined in the Inuit Certainty Agreement.SA国际影视传媒�

Baffinland is currently permitted to mine six million tonnes of iron ore through Dec. 31, 2021. The company is proposing to increase mine output initially to 12 million tonnes and later to 30 million tonnes by rail, if permits are granted. The project cost, including a 110-km railway, is pegged at approximately $900 million.