Mining in the Arctic - History, page-44

How AW1’s Storm Copper Project and the Nunavut Mining Symposium Society Can Collaborate for Future Success

With AW1 nearing key project milestones, including finalising an updated JORC-compliant Mineral Resource Estimates (MREs) and conducting ESG, mining, and economic studies with Ausenco and Sacre-Davey Engineering, future collaboration with the Nunavut Mining Symposium Society will be invaluable in my opinion. The Society’s role in facilitating dialogues between government, industry, and local communities will help AW1 maintain transparency and foster trust, aligning the project with Nunavut’s goals for sustainable development.

As drilling results and ongoing economic studies unfold into 2025, engaging with the Society will ensure that AW1 can:

1. Align with ESG principles: By leveraging the Society’s emphasis on environmental stewardship and community engagement, AW1 can strengthen its ESG commitments. The Symposium provides a platform to communicate how the Storm Copper Project prioritizes environmental care while contributing to Nunavut’s economic prosperity.

2. Incorporate local involvement: The Society promotes Nunavummiut participation in resource projects, which aligns with AW1’s goals of creating local employment opportunities and ensuring Indigenous involvement in the development process. Future discussions through the Society’s forums can enhance these efforts, benefiting the community while boosting project approval and support.

3. Navigate regulatory processes: The Society’s expertise in guiding resource companies through Nunavut’s regulatory and permitting environment will help AW1 streamline its permitting process, especially as it moves toward securing ESG permits. The open-for-business approach encouraged by the Society will attract continued investment while respecting regional regulations and environmental expectations.

4. Develop sustainable partnerships: AW1’s ongoing economic and mining studies will be supported by the Society’s mandate to foster public-private partnerships and bring together stakeholders from various sectors, ensuring that both community and company needs are met.

By engaging with the Nunavut Mining Symposium Society, AW1 can position itself as a responsible, ESG-focused leader in Nunavut’s resource development, benefiting all parties involved in the long-term prosperity of the region.

Reference:

https://www.nunavutminingsymposium.ca/
https://www.nunavutminingsymposium.ca/2024
https://www.nunavutminingsymposium.ca/about-us
https://www.nunavutminingsymposium.ca/key-players-in-the-mining-industry