[VIDEO] Kinross Gold Helps to Create Jobs and Empower People in Mauritania Mine
One of the most important things a mining company can do in host communities and countries is give back. Whether that’s providing jobs and education or investing into new opportunities, mining companies have a responsibility to give back.
Canada-based Kinross Gold has unveiled a new video showcasing the company’s initiatives at its Tasiast gold mining operations in Mauritania, North Africa.The company is setting the bar high, giving the mining sector something to strive for.
“The most significant impact our Tasiast operation has is through the direct employment of 1,495 workers and 2,322 contractors, almost 90% of whom are Mauritanian nationals,” the company’s website states.
“Many of the people living in the vicinity of the mine do not have the skills or education to take on technical roles, so Kinross has implemented competency-based employment and established training programs to help non-skilled Mauritanians gain access to job opportunities at the mine.”
In addition to being the country’s largest employer, Kinross is providing well-paid jobs, purchasing from local suppliers and investing in community developments as well as supporting the country’s tax base.
According to a 2013 survey by Mauritanian sociologists, the number of local households living below the extreme poverty line has been reduced by more than 50 percent since 2011. The unemployment rate has also declined, dropping from 47 percent to 24 percent.
The Canadian company is also empowering local entrepreneurship. Kinross has partnered with the Dawas Co-operative for Development, the local community co-operative to build capacity and identify business opportunities. In doing so, Kinross provides 35 members with training in organization skills and bookkeeping as well as in basic literacy and numeracy.
By supporting and partnering with local communities, Kinross Gold has become a major contributor to the country’s economic base as well as building the workforce of tomorrow.
Vale invests $150mn to extend life of Manitoba operations
Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.
Global energy transition is boosting the market for nickel
The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.
“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.
“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”
Vale continues drilling program at Manitoba
Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.
“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.
“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”
The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history. Mining of the Thompson orebody began in 1961.
“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.