Business Opportunities in Mining: A Community Perspective

Report
Business Opportunities in Mining:
A Community Perspective
2012 Nunavut Mining Symposium
Cambridge Bay Information
Located on the south coast of Victoria Island
Central hub for the Kitikmeot region and
gateway to other destinations
Daily flights to/from Yellowknife and Edmonton
More than 110 registered businesses
(represents a 10% increase from 2010)
Primary Employers: Hamlet of Cambridge Bay,
Government of Nunavut, Inuit Organizations
and Private Businesses (mining, construction,
transportation etc.)
Cambridge Bay Information (cont.)
1800
Population: 1608 (2011 Stats
Canada)
1600
1400
1200
2001
1000
Population increased 12.8%
between 2001 and 2006 and
8.9% between 2006 and 2011
2006
800
2011
600
400
200
0
Population
GN and Federal Government announced $28
million infrastructure investment in Cam Bay
$16 million investment in airport improvements
$12 million investment in a new water treatment
plant, intake pump house and waterline upgrades
KIA Head Office
Nunavut Arctic College campus
New Municipal Office: construction in 2013
Canadian High Arctic Research Station: currently
in design phase, will begin construction 2014/15
High speed internet and mobile phone access
Hotel Accommodations: 66 rooms, 104 guests
Education and Training: Daycare with preschool
programing, elementary school, high school and
Nunavut Arctic College Campus
Key Territorial Organizations Including: GN,
NIRB, NTI, NPC, KIA, NRC etc.
Established Business Community: construction,
outfitting, logistics, retail etc.
Ready labour force & heavy equipment on site
Unemployment rate of 9.7% (well below
Nunavut’s average of 15.6%)
Recreation facilities: weight room/gym, ice rink,
curling rink, baseball diamonds, golf course,
indoor swimming pool, indoor and outdoor
basketball courts and Territorial Park
Despite recent setbacks, mining prospects in the
Kitikmeot region remain promising
8 mining projects could be operational in the
Kitikmeot region in the next 10 years
Elgin – Ulu/Lupin (gold)
MMG - IZOK/High Lake (copper, zinc, gold, silver)
Newmont – Hope Bay (gold)
Sabina – Back River (gold)
Shear - Jericho (diamonds)
Xstrata – Hackett River (base metals)
All projects are in various stages of exploration,
permitting.
If they were all to progress as scheduled, it
could lead to:
Construction of 2 new ports
Construction of 400 - 600 kilometers of all-weather
roads
$500 - $600 million investment in business
opportunities
1500 employment opportunities
Business and Employment opportunities could
include:
•Catering
•Heavy Equipment Operators
•Site Services
•Marine Transportation
•Aircraft Transportation
•Trucking & land
Transportation
•Drilling services
•Contract mining
•Medical Services
•Construction Services
•Security Services
•Engineering services
•Expediting
•Environmental services
•Legal services
•Supply Services (explosives,
cement etc.)
All Nunavut communities have access to an
EDO
The EDO can/should be the first point of contact
EDO’s are a resource for the Hamlet, residents
and business community
What an EDO can do for Businesses:
Assist with business start-up
Help identify new markets and explore business
expansion opportunities
Complete funding applications and business
proposals
Prepare business plans or obtain funding for
business plan development
What an EDO can do for Mining Companies:
Arrange community consultations or council
meetings
Provide information on the business community,
development proficiencies and workforce statistics
Develop project proposals
Provide information on Hamlet initiatives that may
be of interest
EDO’s can help fill gaps in the community and
throughout the region
Jim MacEachern
[email protected]
867-983-4654
For an up-to-date listing of EDO’s please visit:
http://www.nunavuteda.com/about-neda/edocontact-list

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