News from our businesses and markets

De Beers Canada is pleased to announce a new partnership for extended care and maintenance services at Snap Lake Mine with the Det’on Cho Corporation (DCC), business development arm of the Yellowknives Dene First Nation (YKDFN).

The three-year contract with an option for extension will see DCC provide ongoing care and maintenance services at Snap Lake, working alongside De Beers Canada staff.

“This is another example of a Tier 1 contract being awarded to an Indigenous business by De Beers in the Northwest Territories,” said Kim Truter, CEO of De Beers Canada. “This will create jobs and new opportunities for the Det’on Cho Corporation and the YKDFN.”

De Beers Canada wants to thank the four Snap Lake IBA groups that submitted proposals for the contract. This is the fourth Tier 1 contract De Beers has awarded in the NWT over the past year as part of a focus on providing long-term benefits to Northern and Indigenous companies.

Under terms of the contract, DCC team will provide personnel for site safety, camp support, travel and logistics, environmental monitoring and management services while the mine is in extended care and maintenance.

Snap Lake Mine is located 220 km northeast of Yellowknife, NWT. The mine opened in 2008 and was placed on care and maintenance in December 2015.