Could Trump’s deregulation quest speed permitting in Canada too?
Rolling back environmental regulations and speeding up permitting for oil and gas as well as mining projects could put pressure on Canada to do the same.
NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) has advanced its Rook I uranium project through a significant step in its environmental review.
The company submitted the final provincial environmental impact statement (EIS) to the Saskatchewan Ministry of Environment for the project, located in Saskatchewan’s southwestern Athabasca basin. It includes underground and surface facilities to support the mining and processing of uranium ore from the Arrow deposit.
According to the company, the province confirmed the completion of its conformity review of NexGen’s EIS. The project will now advance to the public review stage.
NexGen CEO Leigh Curyer said the project is moving forward thanks in part to support from affected Indigenous communities. “We are incredibly proud of the contribution and partnership of all four local Indigenous communities in the local project area who, through industry-leading benefit agreements, have all confirmed their formal and legal consent for the company and project throughout its entire lifespan,” Curyer said.
The next step under the Saskatchewan’s environmental review process is a 30-day public review scheduled to begin by Sept. 2.
Parallel to provincial process, NexGen is in the final stages of completing responses to federal technical and public review comments received on the draft EIS through the federal environmental assessment review process.
