There are always a variety of potential outcomes in any development process. Each has a probability. Each individual project's progress is a reflection of the multitude of processes in play. And then the world unfolds as it does. The energy business is anything but a printing press for money - hard work, ingenuity, and perseverance are all needed. Investment decisions of this magnitude are not ever made lightly.
I have worked on numerous abandoned project sites, mostly mining legacies, and they can be challenging propositions. This is vastly different, but appropriate and proper land management should apply to lands that are potentially sitting idle for years at a time in the middle of a company's own uncertainty to proceed.
Regarding the current status of the operation and it's path forward, I am thinking that the environmental approval process will have given some direction for the lands that have been disturbed and lay bare unexpectedly? A cursory review of the Approval (00228044-00-00 JOSLYN NORTH MINE PROJECT) does not reveal those details immediately. There is significant detail allocated to the various process that make up the reclamation and closure process, including reclamation objectives. However, the original approval was based upon operations starting in 2013. Below are images from approx. 2008 and September 2013. CNRL's Horizon Mine operations are immediately adjacent to the north (top of second photo). Significant dewatering and clearing for forest cover has taken place on the Joslyn property.
I have worked on numerous abandoned project sites, mostly mining legacies, and they can be challenging propositions. This is vastly different, but appropriate and proper land management should apply to lands that are potentially sitting idle for years at a time in the middle of a company's own uncertainty to proceed.
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