GN and AEM name 10 priority areas, but mention no budget to pay for it
Agnico Eagle Mines Ltd. wants to do more than just dig for gold in Nunavut. The multinational corporation, which operates mine sites in Nunavut’s Kivalliq region, signed a memorandum of understanding with the Government of Nunavut Sept. 20, pledging to collaborate with the territory on 10 high-profile “priority areas.”
Those areas are: health, education, training, economic development, infrastructure, housing, heritage resources, wildlife, public safety, and climate change. “None of those are directly mining related,” Agnico Eagle president Ammar Al-Joundi said during a media event at the Nunavut Legislative Assembly in Iqaluit.
But, they are areas that are “absolutely essential” to good mining in the long run, he said, calling the MOU and investment in Nunavummiut all part of the company’s business strategy. The MOU came with no budget or specific funding source. But a spokesperson for the mining company, Dale Coffin, said later that a working group will be struck to further the memorandum’s goals and that any related costs would be borne by Agnico Eagle or the GN. Continue Reading →