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The ‘Buzz’ in Labrador Labrador North Coast - Nunatsiavut Region
NLEIA October 2011
James Thorbourne President & CEO
Presentation Outline 1. The Nunatsiavut Region 2. The Labrador Economy – North Coast Activity 3. Opportunities for the Environmental Industry 4. Nunatsiavut Group of Companies
1 - Nunatsiavut – Our Beautiful Land
The Nunatsiavut Region •Labrador Inuit Land Claims Agreement, 2005
•Established Nunatsiavut Government and Five Community Governments
•LISA (72,500 km2), LIL (15,800 km2), ocean zone (48,690 km2)
•Torngat Mountains National Park
Nunatsiavut
Getting There •By Water
•By Air
•By Road
2 - Growing Economy in Labrador
Labrador Economy is being Driven by the Resource Sector, Energy Sector, and Institutional Sector •Expansion of existing mines •Ongoing exploration and advancement of projects •Oil & Gas Exploration •Lower Churchill Muskrat Falls Project •Energy Transmission •Environmental Clean-ups
The Labrador Economy
Mineral Exploration (and Development?) In Nunatsiavut
Central Mineral Belt Voiseys Bay
Quest Rare Minerals
Altius/Cliff Natural Resources - Iron
Mega Uranium
Midland Exploration – Rare Earth minerals
Aurora/Paladin - Uranium
Crosshair Minerals – U, Cu, Au, V
Black Panther Resources - Nickel
Oil and Gas Exploration
3 - Opportunities for the Environmental Industry
•Environmental Baseline Studies •Community Consultation/Engagement •EIS/EIA •Regulatory Approvals •Waste Management •Environmental Monitoring •Environmental Clean-ups
4 -
Mission To create wealth in trust for Nunatsiavut Beneficiaries by owning profitable,
sustainable businesses.
Vision To be an Inuit led business leader in the North.
Core Values
Culturally Respectful Socially Responsible
Open Accountable Transparent
Environmental Stewardship Best Business Practices
Nunatsiavut Group of Companies
Nunatsiavut Government Inuit Capital Strategy Trust
Nunatsiavut Group of Companies (NGC)
CAI Nunatsiavut Marine Joint Venture with CAI Logistics - Operation of Northern Ranger, Robert Bond, Coastal Ports, Manage Dutch Runner Contract( 50 % owned)
Nunak Land Corporation Commercial Leasing (100 % owned)
Torngait Services Inc. JV with ATCO Structures and Logistics, site services contract at Voisey’s Bay (51 % owned)
Nunatsiavut Marine -Tugs and Barges MV Kaliutik, MV Gordons I, Barges Sappatak and Kaligak (100 % owned)
Fishing Licenses/Quotas Turbot Quota, Lester Mitchelll License, Pikalujak, Dominion Trading Limited
Pan Arctic Inuit Logistics - PAIL JV with other Inuit Groups , PAIL has a JV with ATCO to operate ad maintain the North Warning System (18 % owned)
Nunatsiavut Construction Heavy Equipment, Civil works, Building Construction, Lumber products (100 % owned)
Nillik Construction Heavy Civil Construction, JV with HJ O’Connell (51% owned)
Labrador Inuit Development Corporation •TUC, HSP, Postmill Lumber
Corporate Structure
Innu Mikun JVs Helicopter (33 %) and Fuel (10%) JVs
Torngat Mountains Base Camp and Research Station!
Remote Camp Operation Catering
Bear Monitors
Logistics and Expediting Air Charter Services
Nunatsiavut Marine – MV Kaliutik
“We are Ready and Open for Business”