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Big Nunavik iron mine project heads into federal review
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Wednesday, 17 Oct 2012
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NUNATSIAQ NEWS reported that Canadian Environmental Assessment Agency has opened the federal environmental assessment process for the proposed Hopes Advance iron mine project near Aupaluk to public comment.

On October 11, the federal agency invited people to comment on which aspects of the environment may be affected by this huge project and what should be examined during the environmental assessment.

The Vancouver-based Oceanic Iron Ore Corp. owns deposits from the Roberts Lake area north of Kangirsuk to Hopes Advance Bay in the south, which lies only 10 km from Aupaluk, Nunavik’s smallest community.

The USD 2.85 billion project into which Oceanic plans to sink in another USD 1.61 billion in 2025 and 2026 consists of the construction, operation and decommissioning of several open pit iron ore mines.

These will generate between 10 million and 20 million tonnes of high-grade iron ore concentrate product every year for up to 48 years.

For the shipment of the iron ore to European and Asian markets, Oceanic also wants to build a deep water port facility on Ungava Bay with a 330 metre loading wharf, a tug moorage area, a commercial wharf and a causeway.

The concentrate would then be pumped to port through a 26 km-long pipeline.

The mine complex will run on diesel power generation until 2025 when the company hopes that “Hydro Quebec has advanced its transmission line to Ungava bay,” says the project description.

Source - www.nunatsiaqonline.ca

(www.steelguru.com)

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