2009 Snap Lake Mine Socio-Economic Report released

De Beers Canada is pleased to release the 2009 Socio-Economic Report on its Snap Lake Mine in the Northwest Territories. The report summarizes the company’s contributions to the economic, social and cultural well-being of the Northwest Territories. “As I reflect on the year, one thing rings loud and clear,” said Brad Corrigan, Mine General Manager. “Our employees are a resilient, dedicated, hardworking team of ordinary people and they have done the most extraordinary things in 2009. I am proud of them.”

Highlights of the 2009 Socio-Economic Report include:

  • $155.9 million spent in 2009, bringing De Beers’ total investment on Snap Lake’s construction and operations to $1.39 billion at the end of 2009
  • Of the total expenditure, $116 million was spent with NWT companies (74.51%) and $58.9 million was spent with Aboriginal companies (50.74% of NWT spend)
  • 163 NWT businesses have registered in De Beers NWT Business registry to obtain access to early information about goods and services required by the mine
  • $1.69 million in social investment spending during 2009, including $1.2 million on education, training and literacy initiatives
  • De Beers “Books in Homes” literacy program was awarded the NWT Ministerial Literacy Award, and De Beers delivered another 4,000 free books to children in communities close to the mine
  • 12,135 hours of total instruction at our learning centre
  • Snap Lake Mine registered to certify Underground Miners to Ontario Common Core certification
  • 41 total trainees since inception, exceeding our commitment
A PDF copy of the report is available for download here.

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