Nunatsiaq News
NEWS: -none- December 01, 2006 - 12:58 pm

Prentice says yes to Meadowbank

NUNATSIAQ NEWS

Jim Prentice, the northern development minister, has said yes to Cumberland Resources Ltd. and its proposed Meadowbank gold mine near Baker Lake, accepting recommendations made earlier this year by the Nunavut Impact Review Board.

“Cumberland can now begin to provide much desired employment opportunities and economic benefits to Nunavut, particularly in the Kivalliq region’s northern communities,” said Kerry Curtis, Cumberland’s president and CEO.

Cumberland’s next steps are to get a project certificate from the NIRB, then apply for a water licence and some other necessary permits and licences.

The company has already shipped supplies and equipment to Baker Lake for construction next year.

The mine, expected to operate for at least eight years, will likely go into production in late 2008 or early 2009.

It will be connected to Baker Lake by a 70-kilometre all-weather road whose use will be restricted. Under an Inuit impact and benefits agreement bet­ween Cumb­erland Re­sources and the Kivalliq Inuit Association, Inuit will gain access to at least 60 training positions.

After the mine is constructed, it will employ about 350 people.

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