Natural Resources committee  Hydro is the best form of energy and is adequate for baseload. For example, where Diavik is investing in a 9.2 megawatt wind farm, this would be used in conjunction with its diesel plants. In other words, when the wind is blowing it will be generating electricity, but it will sti

Natural Resources committee  The mini-nukes that can produce up to 10 or 20 megawatts are fantastic technology, and I think there's a real place for them in the mining industry in the future. I would not want to be a pioneer in trying to get a permit for one.

Natural Resources committee  In my opinion, so-called green methods of generating electricity are not sufficient for baseload. The only way to achieve baseload is through nuclear, burning of fossil fuel, or using gravity and water, basically, to produce energy.

Natural Resources committee  In my view, both of our projects are quite proximate to hydro sources, which are clean, renewable sources of electricity. The problem in the Northwest Territories is investment in expanding those facilities. If we don't have access to grid power, then we have to put in some kind

Natural Resources committee  The partner, POSCO, a South Korean steel company, is actually 20%. This was part of a process where we wanted not only a financial partner, but also a strategic partner. This is a very important metallurgical coal asset. Metallurgical coal is in very significant shortage of supp

Natural Resources committee  We will determine that in the future, but we would expect that the market would be global. In particular, cobalt is in very significant demand for high-performance rechargeable batteries used in electric cars and hybrid electric cars, as well as portable electronic devices. So th

Natural Resources committee  I would add one last comment. The minister himself is a part of the problem, with the length of time it takes for the minister to sign an environmental assessment certificate. Generally speaking, we find the minster almost goes through a review process all over again. It's an ave

Natural Resources committee  I'm sorry to interrupt, but how do I get the translation channel?

Natural Resources committee  Yes, 80% is Fortune Minerals Limited, our company.

Natural Resources committee  The process plant in the Northwest Territories produces a concentrate, a bulk rougher flotation concentrate, which allows us to be able to inexpensively transport this material down to a lower-cost environment. In Saskatchewan we will use hydrometallurgical technologies to conve

Natural Resources committee  We're not at the table yet with impact and benefit agreements.

Natural Resources committee  Yes.

Natural Resources committee  We are trying to negotiate impacts and benefits agreements right now. But right now the Tlicho government is not at the table to negotiate these kinds of agreements. We have just recently completed—

Natural Resources committee  Equity participation would certainly be one of the issues that would be under negotiation as part of an IBA. We just completed agreements with the Tlicho to fund their participation in the environmental assessment process, to fund traditional knowledge as well as a cooperation ag

Natural Resources committee  But they're escalating.