Ajax mine owners dispute European report
This letter is to correct inaccuracies that appeared in a Nov. 8 KTW article by reporter Jeremy Deutsch (‘Ajax co-owner listed as a top polluter’) and in a letter to the editor from Bruce Stevens on Nov. 29 (‘Know what wants to come to Kamloops’).
Deutsch identified KGHM as a top European emitter of greenhouse gases, citing the London-based Environmental Investment Organization (EIO).
This report is factually misleading.
It is based on faulty methodology and is derived in part based on a company’s share price or market-investment value — two inputs that have zero correlation with greenhouse-gas emission levels.
Residents of Kamloops deserve better; they deserve the facts.
The truth is there is an important distinction to be made between mining and smelting operations.
Despite being one of Poland’s largest exporters, KGHM’s mining operations only account for 0.03 percent of all European carbon emissions.
There are no plans for smelting at the proposed Ajax project south of Aberdeen.
KGHM is committed to the communities in which it operates.
During the past 15 years we have made investments of nearly $1 billion (US) in environmental protection alone.
These significant investments have contributed to the reduction of carbon monoxide and sulphur dioxide emissions by 99 per cent and 91 per cent, respectively.
We understand what it means to be a responsible neighbor.
That’s why the proposed Ajax project will be a state-of-the-art Canadian operation managed by experienced industry professionals.
It will be subject to the scrutiny of the Canadian environmental-assessment process and be designed to meet and exceed every necessary health, safety and environmental requirement in Canada.
This is our commitment to you.
Chief executive officer
KGHM Ajax Mining Inc.