Aboriginal Business Magazine Your source for Aboriginal Business News

TORONTO -Mining giant BHP says it will not increase or extend its offer for Noront Resources Ltd. BHP Lonsdale Investments Pty Ltd., a subsidiary of BHP, has been in a takeover fight for Noront with Wyloo Metals Pty Ltd. Earlier this month, Australia-based Wyloo offered $1.10 per share for the ...

The Romaine-4 hydroelectric project may be last major dam project on the horizon as modernized environmental assessments prevent trampling of  Indigenous rights.   By Morgan Lowrie THE CANADIAN PRESS MONTREAL- Quebec’s hydro dams have long provided its residents cheap electricity and bragging rights in the race to reduce global carbon emissions, ...

DENVER (AP)-A federal panel has approved renaming a Colorado peak after a Cheyenne woman who facilitated relations between white settlers and Native American tribes in the early 19th century, part of a broader campaign to replace derogatory place names across the United States. Mestaa’hehe Mountain, which is pronounced “mess-taw-HAY,” bears ...

By Wayne Parry THE ASSOCIATED PRESS ATLANTIC CITY, N.J. (AP) -America’s casinos have won more money this year than ever before, according to figures released Thursday from a national gambling trade association. The American Gaming Association said U.S. casinos have already broken the record for most money won in a ...

By Dave Baxter  Local Journalism Initiative Reporter The Southern Chiefs Organization (SCO) say a newly signed agreement will help young First Nations entrepreneurs in this province to succeed and prosper, by working to break down systemic barriers to success. “We know First Nation business owners have to overcome systemic obstacles,” ...

By Sam Laskaris  Local Journalism Initiative Reporter A report released earlier this week indicates it will be a couple of years before the Indigenous tourism sector in Ontario recovers to pre-pandemic levels. The report, which was released on Tuesday, was commissioned by Indigenous Tourism Ontario (ITO), the provincial organization that ...

MONTREAL, Nov.  24, 2021  — The co-chairs of CN’s (TSX: CNR) (NYSE: CNI) new Indigenous Advisory Council (“IAC”), Ms. Roberta Louise Jamieson, OC, Kanyen’keha:ka, and the Hon. Murray Sinclair, C.C., M.S.M., Mizhana Geezhik, today announced the successful conclusion of their first meeting and its membership. The Council comprises accomplished and ...

By Anthony Izaguirre And Terry Spencer THE ASSOCIATED PRESS TALLAHASSEE, Fla. (AP)- The Seminole Tribe of Florida on Tuesday ( Nov., 23 2021)  moved to appeal a federal judge’s decision to block its deal with the state to expand gambling and online sports betting throughout Florida. In a ruling late ...