Côté Gold Mine Project, Canada
The Swedish Export Credit Agency (EKN) is considering a guarantee for financing of equipment to the Côté Gold Mine Project in Ontario, Canada. The project is located on the traditional lands of Mattagami First Nation and Flying Post First Nation.
The project involves the establishment of an open-pit gold mine with the aim to start production in early 2024.
EKN has made a preliminary classification of the project as category A and conducts an environmental and social (E&S) due diligence of the project. The project’s preliminary key environmental and social risks relate to impacts on Indigenous Peoples and biodiversity. The Environmental and Social Impact Assessment (ESIA) of the project is available in the following link:
The information was published on EKN’s website www.ekn.se on June 2nd, 2023. Comments on the project can be shared with EKN at info@ekn.se for at least 30 days. This procedure is in accordance with the OECD Recommendation on Common Approaches for Export Credit Agencies (ECAs).
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