Snap Lake and Victor Diamond Mines Production Tops 1 Million Carats
Post Date: 04 May 2010 Viewed: 470
Diamond production from the Snap Lake and Victor diamond mines reached 1.14 million carats in 2009, according to De Beers Canada 2009 Report To Society, which presents a summary of the diamond company's contribution to sustainable development during the 2009 reporting period.
De Beers Canada spent C$297 million (US$292 million) on goods and services. At Snap Lake, C$155 million was spent on operations contracts - 74 percent of which was supplied by northern businesses, while 51 percent of this total was provided by Aboriginal suppliers.
At Victor Mine, C$121 million (US$119 million) was spent on goods and services, with 32 percent supplied by Aboriginal businesses.
C$3.8 million (US$3.7 million) in cash, in-kind and staff time was spent on Corporate Social Investment, primarily in communities near the diamond giant’s operations. The focus of these funds was education, youth literacy and capacity building.
"In support of our commitment to sustainable development in the communities in which we operate, De Beers Canada continues to invest in local programs that focus on business opportunities, education, training and employment, while operating our company in a socially and environmentally responsible way,” says Chantal Lavoie, De Beers Canada Acting Chief Executive Officer. "These are key areas identified by our community partners, and are also areas where we think our company can make a difference."