Funding
As per the Environmental Agreement, EMAB is funded by Diavik. EMAB manages these funds in a fiscally prudent, reasonable and cost-effective manner. For special research or projects greater than the annual budget, the agreement allows EMAB to submit proposals to Diavik.
EMAB is a registered not-for-profit society of the Northwest Territories.
NOTE:
The Environmental Monitoring Advisory Board (EMAB), Diavik Diamond Mines Inc., the Minister of Indian and Northern Affairs Canada and the Government of the Northwest Territories received an Arbitration Award regarding a funding issue under the Environmental Agreement on January 16, 2011. A Supplemental Arbitration Award, in reply to a clarification request by EMAB, was received on February 24, 2011.