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Fight with reserve goes on

THE dispute between a mineral exploration company and a northern First Nation is likely far from over.

Two weeks ago, Red Sucker Lake First Nation issued an eviction notice to get Mega Precious Metals Inc. off its territorial lands.

Then Mega sought a temporary court injunction protecting the junior mining company. This week, Mega was granted an indefinite extension of the injunction, allowing it to continue planned exploration at its Monument Bay project, about 60 kilometres north of the Red Sucker Lake community.

On Thursday, the same day Mega was in court, the Assembly of Manitoba Chiefs was holding its 25th annual general assembly, at which the Island Lake First Nations of Red Sucker Lake, St. Theresa Point, Wasagamack and Garden Hill called for a moratorium on all mineral development in their traditional and ancestral territory until a free, prior and informed consent process is in place, as well as accommodation measures under a resource-equity framework.

The AMC's general assembly has given the proposal its "full political support."

Firms check out Colombia

MANITOBA'S Trade Department is leading a mini trade mission to Colombia to explore opportunities in that country, with which Canada signed a free-trade agreement in 2011.

Blue Moon Furniture, a grain-storage business and a grain exporter will travel to Bogota and Medellin, Colombia, next week.

Sylvia Bock, co-owner of Blue Moon, said she believes there is unmet demand in the tourist-hotel sector that is growing since Colombia's years of political and social unrest is subsiding.

As well, Colombia is renovating its grain-handling and storage systems to accommodate new growth in agriculture. Colombia's ocean port must upgrade to retain the ocean-port concession with the Colombian government for the next 20 years.

BlackBerry Z10 price cut

TORONTO -- Electronics retailer Best Buy has slashed the price of the BlackBerry Z10 touchscreen smartphone at its U.S. stores.

According to its U.S. website Friday, Best Buy is now selling white- and black-coloured BlackBerry Z10 smartphones for $49.99 under a two-year contract with carriers Verizon or AT&T.

The touchscreen models were priced at $199.99 when they first appeared in the U.S. market in March.

Deep discounts on the Z10 phones have been rare in Canada. Best Buy stores offered Canadian shoppers a one-day sale in May that gave away a Z10 for free under a contract with wireless carrier Rogers. The deal also gave customers a free $25 gift card.

The BlackBerry Z10 is listed at various Canadian retailers for $99.99 on a three-year contract.

-- staff / from the news services

 

Republished from the Winnipeg Free Press print edition July 13, 2013 B9

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