AREVA Submits Final Environmental Impact Statement on Kiggavik Project
October 02, 2014
Saskatoon, Sask., Canada, Oct. 2, 2014 – AREVA Resources Canada has submitted the final environmental impact statement (FEIS) for its Kiggavik Project to the Nunavut Impact Review Board (NIRB). Located 80 kilometres west of Baker Lake, the Kiggavik Project is a proposed uranium mining and milling operation owned by AREVA (64.8%), JCU (Canada) Exploration Co. Ltd. (33.5%) and DAEWOO Corporation (1.7%), and is operated by AREVA.
The work presented to NIRB reflects more than six years of engineering, environmental and public engagement studies. AREVA has sought community input and Inuit Qaujimajatuqangit (IQ) to refine the project design and environmental assessment. The submission includes detailed studies demonstrating that modern uranium development is safe for workers, the public and the environment.
AREVA’s proposed Kiggavik Project would require three to four years of construction, followed by approximately 14 years of operation based on estimated resources of 130 million pounds of uranium.
“We thank the people of Baker Lake and the Kivalliq Region for openly sharing their concerns and aspirations related to the potential development of the Kiggavik Project, in addition to the local knowledge they provided our team in the course of the studies performed for the final environmental impact statement,” said Vincent Martin, president and CEO of AREVA Resources Canada.
AREVA has a positive track record in Canada spanning more than 50 years ensuring the safety of employees, the public and the environment. The next steps in the Kiggavik environmental assessment include a technical review of the FEIS and public hearings to be held in Baker Lake.
While uranium market conditions do not currently favour a construction decision, completing the environmental assessment would allow the project to move forward with the next steps when the market improves as expected.