Cecilia Jamasmie | 09/05/2017
French nuclear energy giant Areva (FRA:A9RB) is closing shop in Canada’s Nunavut after failing to secure the necessary permits for its $2.1 billion Kiggavik uranium project.
The company, which last year received a resounding no from the minister of Indigenous and Northern Affairs, is now selling its office building in Baker Lake, Nunavut's only inland community.
Areva’s Kiggavik uranium project called for one underground and four open-pit mines (...)