On May 8, 2015 the Nunavut Impact Review Board (NIRB) issued a recommendation that the proposed Kiggavik project not be approved at this time. NIRB clarified that the intention was not for the project to not proceed at any time but suggested the proposal be resubmitted at a future date when the project’s start date is more certain. The NIRB recommendation is before the federal Minister of Aboriginal Affairs and Northern Development for a decision to accept, reject, or return the report to the NIRB for more consideration.
AREVA disagrees with the NIRB recommendation to not provide an environmental assessment (EA) approval for the Kiggavik project at this time. As supported by the Final Environmental Assessment Statement and submissions of federal authorities at the NIRB Final hearing, there are no significant unresolvable environmental issues in the proposed Kiggavik project.
Obtaining EA approval for projects in advance of a certain development date enables companies to capitalize on favorable market conditions when they exist. Having the EA approval in hand shortens the post-EA regulatory process to licensing and allows a project to proceed to development and operation in a more timely fashion. If the Minister rejects the recommendation and approval is received, the Kiggavik project will be more likely to receive approval from shareholders to proceed to development when market conditions are favorable.
The EA for the Kiggavik project took place over eight years and included intensive engagement, IQ workshops and integration, technical studies, and review by responsible authorities and many interested parties. AREVA has followed the process outlined in the Nunavut Land Claims Agreement (NLCA) and continues to do so. AREVA respects Nunavummiut, the NLCA, and the authority of the NIRB. We have generally found all participants in the review to be highly professional and competent and believe it is responsible for us to publically raise our concerns for consideration in the final decision.
Ultimately, we are not the decision-makers but we are asserting that the environmental assessment for the Kiggavik project is sound and the approval should therefore be provided. Being a welcomed and productive part of the region is important to AREVA and these values do not change when we express disagreement with a regulatory process, recommendation, or decision.