Miramar Mining Corporation 2006 Annual Summary
2006 ACCOMPLISHMENTS AND RESULTS
Permitting
On September 15, 2006, the Nunavut Impact Review Board issued a Project Certificate for the Doris North Gold Mine. This Project Certificate says that the Doris North Mine can be built as long as Miramar follows certain conditions. One of the main conditions is that we obtain all the needed licences and permits from Nunavut regulators, including a water licence. These applications are being done now.Inuit Impact and Benefits Agreement (IIBA)
On September 6, 2006, Miramar Mining Corporation signed an IIBA and Water Compensation Agreement with the KIA in Cambridge Bay. This agreement provides for payments to the KIA and for Inuit training, employment and a procedures for Inuit owned businesses to ensure they have all opportunities to bid on contracts.. A signing ceremony and celebrations were held in Cambridge Bay and was attended by the Premier, Paul Okalik, among other dignitaries.
Benefits have already begun with a number of contracts being awarded to Inuit owned businesses. Many more benefits will begin to flow after Miramar has made a Construction Decision for Doris North mine, which could take place in 2007.
Community Investment
In 2006, Miramar supported a number of community initiatives in the areas of youth and education, which is our focus. Notably, Miramar spent approximately $125,000 in 2006 to help support or sponsor:
• 16 High School students from the communities of Cambridge Bay, Kugluktuk, Gjoa Haven and Taloyoak attended the Kimberlite Career and Technical School in Yellowknife for a week long program. The students took classes in Carpentry or Welding and received a CTS credit for their high school program and with the intent to encourage youth in trades and technology careers.
• the Gjoa Haven Snowy Owl trip to British Columbia for students to experience other cultural opportunities.
• A Grade 6 class from Kugluktuk to attend the Aqua School at the Aquarium in Vancouver and also build an inukshuk at Whistler.
• the development of a drug and alcohol awareness video for youth in Gjoa haven
• the regional science fair held this year in Kugluktuk
• Skills Canada Nunavut which encourages youth to consider careers in trades and technology
• $1000 scholarships to 4 high schools in the Kitikmeot regions promoting post secondary training and education.
• The annual Elders tour to camp, hosted by the VP, HR and the Manager, Community Relations, Alex Buchan. The elders flew over the mine area, had a helicopter ride and participated in a presentation about the work that Miramar is doing at Hope Bay and provided their insights.
• A significant number of used laptops were donated to the Adult Education program in Taloyoak so that students could take them home for their homework.
• A number of sports events focussed on developing leadership including the Regional soccer tournament and the Kitikmeot Cup Regional Hockey Tour
• A contribution on behalf of each participant student in the Kitikmeot that attended the Nunavut Sivuniksavut Program in Ottawa. This program is a bridge program to prepare Inuit students for university programs.
• In conjunction with the Cambridge Bay Trade show a breakfast for high school students in an interactive program to learn more about jobs in the mining industry.
We plan to continue to support Kitikmeot youth in 2007.
Miramar also supports such community events as the Cambridge Bay Trade Show, the Nunavut Mining Symposium and the Canadian Aboriginals in Mining Association Conference.
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