Canadian Copper Partnership Signals Momentum — Grounded in Pabineau’s Four Pillars
Canadian Copper Inc. has announced a $10 million private placement, led by an $8 million order from Ocean Partners, to help secure the Caribou Processing Complex and advance development in New Brunswick’s Bathurst Mining Camp. This investment marks growing momentum for responsible resource development in our region.
Why this matters for Pabineau First Nation
Pabineau has long supported projects that respect our values and create opportunity for our people. The company’s plan to acquire processing capacity and move key environmental and engineering work forward aligns with our goal of collaborative, well-managed development that brings local jobs and long-term benefits.
Chief Terry Richardson on balance and prosperity
As Chief Terry shared in the news release, “as long as our four pillars are kept in balance of Cultural, Social, Environmental and Economic, we support projects in our area.” This balance is the foundation of how we evaluate partnerships and progress.
Looking ahead
With meaningful engagement of First Nations, responsible timelines (including environmental baseline work ahead of an EIA submission), and investment in local capacity, we’re optimistic about pathways that fortify Canada’s economic development while honouring enduring relationships among land, resources, First Nations, community, and government.
Read the full news release here for details on the financing and project milestones.
