On February 25th, the Government of Canada stated that they will provide financial support for the Kivalliq Hydro-Fibre Link Project feasibility study, an announcement that Agnico Eagle is more than pleased to welcome. This project is being led by the Kivalliq Inuit Association in collaboration with Anbaric Development Partners. As the biggest electricity consumer in the Kivalliq region, Agnico Eagle understands the importance of looking towards renewable energy sources, and as such has been participating in discussions about renewable energy sources for the past few years.

The Hydro-Fibre Link will both provide the region with a renewable energy source as well as directly benefit the population and other industries of the Kivalliq region. As a firm believer in sustainable development, Agnico Eagle wishes not only to operate in the North on a long-term basis, but also to leave behind a powerful legacy that will benefit the communities in which we operate.

As part of our desire to reduce our Greenhouse gas emissions, we have looked into other green renewable energy methods to rely on for short-term basis until the Hydro-Fibre Link will be established. This led us to conducting a feasibility study in the hopes of creating a Windfarm project at our Meliadine site. The combination of a Windfarm, eventually joined by electricity from the Hydro-Fibre, will enable Agnico Eagle to lessen its reliance on diesel, which will help us decrease our Greenhouse gas emissions.

Agnico Eagle’s commitment to using responsible energy and managing its Greenhouse gas emissions is a direct result of our fundamental Sustainable Development values to operate safely, protect the environment, and treat our employees and communities with respect. By doing our part in addressing climate change, we believe we will leave a positive legacy in our communities.