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April 14, 2006

New members for Qulliit women’s group

Kathy Hanson has been appointed as the new president of the Qulliit Nunavut Status of Women Council for a term running until Sept. 19, 2007.

Leona Aglukkaq, the minister responsible for the status of women, made the announcement on Wednesday.

She also announced one new board member. Anne Isnor of Cambridge Bay will serve a two-year term.

Isnor joins the current board members Celine Ningark (Kugaaruk), Meeka Mearns (Pangnirtung), Catherine Pilakapi (Rankin Inlet), Christine Ekidlak (Sanikiluaq), Annie Napayok (Whale Cove), Anouyok Alookee (Taloyoak) and Rhoda Ungalaq (Iqaluit).

Qulliit’s mandate is to work for the equality of all women in Nunavut through advice to government, research, public education and advocacy.


April 7, 2006

Tahera completes Jericho construction

It's finished, and it's up and running.

The Tahera Diamond Corp. announced this week that they've finished construction of the Kitikmeot's Jericho diamond mine, and that their plant will process 2,000 tonnes of ore a day by the end of June.

It's Canada's third diamond mine, and the only diamond mine that's 100-per-cent Canadian-owned.

Tahera also announced that they've used up the $35 million in credit extended to them by Tiffany & Co. for the purpose of financing construction of the mine. Tiffany has also agreed to buy and market most of Jericho's production.

Despite the good news, Tahera's share price is still low, trading at 67 cents this past Wednesday, down from a high of 83 cents reached the previous month.

That's likely because of market reaction to news that warm weather forced closure of the ice road used to truck supplies to Jericho and other mines north of Yellowknife.


April 7, 2006

Murder charge laid in Kugaaruk

JOHN THOMPSON

Police have charged a Kugaaruk man with first-degree murder in connection with the death of a five-year-old girl.

Shawn Kayaitok, 20, is also accused of having anal sex with the girl's dead body.

The dead girl was found in a shed in Kugaaruk on the morning of March 10, 2006. Police spent several weeks interviewing more than 100 people before they arrested Kayaitok.

During the time of his arrest, Kayaitok already faced charges of sexual assault and buggery, which allegedly occurred on January 14, 2006.

Like the five-year-old girl's name, the name of the complainant in that case may not be published because of a publication ban.

The charge of buggery was later stayed, but Kayaitok still faces the sexual assault charge. He is scheduled to stand trial by judge and jury in Kugaaruk during the next circuit court visit, on June 7, 2006.

Kayaitok was scheduled to make his first appearance for the murder charge in court on Thursday, April 6, after the Nunatsiaq News press-time this week.


April 7, 2006

Cumberland to get $250 million for Meadowbank

Cumberland Resources Ltd., the company that's planning to open the Meadowbank gold mine near Baker Lake, got a big financial boost last week when a group of three European investment banks agreed to give them a $250 million credit arrangement that's tied to the value of Cumberland's gold resource.

The banks, Barclays Capital of the U.K., Bayerische Hypo-und-Vereinsbank of Germany, and Societé Generale of France, will pledge the money against the value of 420,000 ounces of gold from Meadowbank. At a world price of $600 an ounce, that's worth about $250 million.

But until Cumberland receives all necessary permits and licences from government regulators, nothing will happen.

The Nunavut Impact Review Board last week finished the final public hearings on their environmental review of the Meadowbank gold mine.

The next step will be for the review board to make a recommendation to the DIAND minister, Jim Prentice, on whether the mine should go ahead. If Prentice gives the mine a green light, then the company will easily clear most of the other bureaucratic hurdles.

Cumberland's share price shot past $5 upon the news, then settled down to $4.92 as of Wednesday.


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