Advanced Search

Diavik Highlights Regional Economic Impact

Jul 29, 2011 1:03 PM   By Jeff Miller
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Diavik Diamond Mines Inc. reported on its mid-year socioeconomic impact, which summarized local training, employment progress, and the business benefits the company provided for northerners.

Diavik nearly doubled the number of apprentices during the first six months of 2011 at the mine to 25.  Additionally, three northerners successfully completed their apprenticeships, bringing the total number of Diavik apprentices to have achieved journeyperson certification to 30.

The northern workforce averaged 628 employees, 364 above the original plan. Aboriginal employment averaged 309 people, which was 149 above the original plan.

Total services spending hit $224.8 million during the first half with $155.6 million going to northern businesses, $64 million of which was paid to Aboriginal business.

The Diavik Diamond Mine, located in the Northwest Territories, is a joint subsidiary between Rio Tinto and Harry Winston.


Tags: aboriginal, Diavik, economic, Jeff Miller, northerners
Similar Articles
Lucapa Lulo rough sale June 2017Wet Season Dampens Lulo Prices
Jun 19, 2017
Lucapa Diamond Company garnered $950,000 (AUD 1.25 million) in a sale of rough diamonds from its Lulo...
Dominion Ekati mineDominion Gains from Higher-Value Ekati Production
Jun 13, 2017
Dominion Diamond Corporation’s sales increased sharply in the fiscal first quarter as the miner shifted to a higher-value...
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2017 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.