Aggregate operations at Susan Lake Public Pit were concluded on March 31st, 2019. Thereafter, AMI submitted an updated Closure Plan to AEP on May 17th, 2019, which included: the discontinuance of Surface Mineral Lease (SML) 980110 associated with Susan Lake Public Pit; the transfer of custody of the portion of lands overlapping with Mineral Surface Leases (MSL) to neighbouring oilsands operators in the area; and a reclamation program for the remaining non-overlapping lands. Closure Plan submission and approval followed in accordance with AEP guidelines, and in cooperation with industry stakeholders. Athabasca Minerals Inc. received approval of its Susan Lake Public Pit Closure Plan by Alberta Environment & Parks (“AEP”) on August 15th, 2019.
AMI has also opened Coffey Lake Public Pit and is managing this pit on behalf of the Government of Alberta. This latest public pit will provide aggregates to users in the Fort McMurray area for the next 15 years.