De Beers Canada Publishes 2011 Year in Review Report
June 28, 12
The report shows that De Beers Canada employed 1,023 people and injected more than $500 million directly into the Canadian economy last year.
The company’s social investment totalled $4.9 million through cash, in-kind donations and staff time with a focus on education and literacy, for the communities near its mine sites.
At Snap Lake, $161 million was spent on goods and services; $110 million (68 percent) was supplied by northern businesses and $40 million (36 percent) was provided by Aboriginal suppliers.
At Victor Mine, $101 million was spent on goods and services with $57 million (57 percent) supplied by Aboriginal businesses.
The company also said it is delivering on seven Impact Benefit Agreements and one Working Agreement with Aboriginal communities.
The two reports are available to download on the De Beers Canada website at debeerscanada.com
 De Beers' Snap Lake mine in Canada |