8 December 2025
RANKIN INLET, Nunavut, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Nukik Corporation and Agnico Eagle Mines Limited ("Agnico Eagle") are pleased to announce the signing of a Memorandum of Understanding ("MOU") to formalize commercial negotiations and technical collaboration on the Kivalliq Hydro-Fibre Link ("KHFL") — a transformative infrastructure project designed to bring clean, reliable energy and high-speed broadband connectivity to Nunavut's Kivalliq region.
This MOU builds upon years of discussions and technical work between the two organizations. As the KHFL project moves into a new phase of momentum, and with Agnico Eagle's Meliadine mine firmly established as a cornerstone of the region's economy, the partnership takes on renewed purpose in advancing a shared vision for sustainable development.
"This MOU reflects a strong partnership and the steady leadership of Inuit organizations in shaping the North's future," said Kono Tattuinee, President of the Kivalliq Inuit Association and majority owner of Nukik Corporation. "The Kivalliq Hydro-Fibre Link represents more than just infrastructure — it is a pathway to economic self-determination, clean energy, and lasting prosperity for Kivallirmiut."
Led and owned by Nukik Corporation, the KHFL project reflects ongoing collaboration with the federal government and industry partners to address the infrastructure gap in Nunavut. By connecting Nunavut to Manitoba's hydro and fibre networks, the KHFL will create the infrastructure backbone for Inuit-led growth — replacing diesel with clean energy, bridging the digital divide, and enabling the region to build lasting economic growth.
"Agnico Eagle is pleased to formalize its collaboration with Nukik Corporation on this Inuit-led initiative, which has the potential to transform the energy future of the Kivalliq region. The KHFL project has the potential to deliver clean, renewable power to communities and businesses, while removing barriers to expanding energy capacity to meet the needs of a growing mining industry and a broader northern economy," said Ammar Al-Joundi, President and Chief Executive Officer of Agnico Eagle. "This effort represents a significant step toward improving quality of life and supporting sustainable development across the region."