Exclusive
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
MET/Nuna is to manage the closure and rehabilitation of Snap Lake Mine in Canada’s Northwest Territories
The diamond miner announced this in a press release saying that MET/Nuna, a joint venture between the North Slave Métis Alliance and Nuna Logistics, was awarded the contract worth approximately $110 million over three years, following a competitive bidding process launched in March 2021. Five bids, all from NWT Indigenous communities, were considered during the commercial process.
The contract will see MET/Nuna take on responsibility for the day-to-day management of the site and carry out the mine’s closure and reclamation plan, De Beers said. This will include using best efforts to maximize employment and training opportunities for NWT residents and the purchase of goods and services with NWT companies.
De Beers will maintain a small oversight team on-site and will remain responsible for relationships with governments and communities, as well as retaining accountability for regulatory and social commitments, including commitments made to communities in Impact Benefit Agreements and the Government of the NWT in the mine’s Socio-Economic Agreement.
Maxwell Morapeli, Head of Closure for De Beers Group, said: “De Beers Group is committed to making a positive impact in our host communities during all stages of a mine’s life, including closure. Since 2004, Snap Lake Mine has spent close to $2 billion with Indigenous and other NWT companies, generated more than 2,500 person-years of employment for NWT residents, and provided $27 million in training and community investment. We’re proud to build on this legacy into closure.”
Marc Whitford, Vice President of the North Slave Métis Alliance, said: “The North Slave Métis Alliance (NSMA) is very pleased to be working more closely with Nuna Logistics as MET/Nuna on this mine closure project. This represents a significant step toward developing the NSMA’s business capabilities and presents another step to a prosperous future for the North Slave Métis people. President Enge has worked closely with Nuna in the past to develop our valued relationship and it has resulted in MET/Nuna which is awarded this contract. I also appreciate the very significant efforts of the De Beers Canada Snap Lake team leading up to this important award today and ensuring Northern Business stays in the North.”
Miles Safranovich, President & Chief Operating Officer of Nuna Logistics, said: “Nuna is proud to have worked with De Beers Canada Inc. at Snap Lake from the early exploration days through to providing heavy civil construction services in the construction and operations phases of the project. In partnership with Métcor Inc, a 100% owned North Slave Métis Alliance business, the award of the Snap Lake remediation contract to MET/Nuna Joint Venture marks our participation in the complete project lifecycle and is representative of the full complement of our scope of services.”
Vladimir Malakhov, Rough&Polished