Diavik 2007 Sustainable Development Report

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Diavik 2007 Sustainable Development Report

by NationTalk on June 14, 20081395 Views

Introduction

Using Resources Wisely

For centuries, people of the North have used resources wisely, Diavik Diamond Mines Inc., the Rio Tinto company which operates the Diavik Diamond Mine in Canada’s Northwest Territories, is continuing this tradition by practising sustainable development.President’s Message

Welcome to this our 8th Annual Diavik Sustainable Development Report.

Throughout 2007, we have continued our commitment to “use resources wisely”, our way of describing how we achieve a balance between economic prosperity, social well-being, and environmental stewardship, the tenets of sustainable development.

In all we do, safety is our highest value, and I would like to thank everyone at Diavik for their dedication to working safely this past year. Our safety efforts have been recognized with a John T. Ryan safety trophy, one of the Canadian mining industry’s most prestigious safety awards. This is the third time we have been bestowed this award in our short five years of operations, signalling that safety is becoming ingrained in the way we work at Diavik.

In November, we received exciting news from our owners, Rio Tinto and Harry Winston, to proceed with underground mining beginning in 2009. Their approval marks the largest investment since we originally built the mine to begin preparing the underground tunnels and surface infrastructure required.

When Diavik was first envisioned, it was with a total mine life of 16 to 22 years, and with this underground decision, I am pleased to report that our total mine life is expected to reach the high end of that original estimate.

Historically, Diavik has been a strong supporter of sustainability through investments in people with training, employment, and business arrangements. This past year has been another strong year, and our workplace learning centre, our support for apprenticeships, and our Aboriginal Leadership Development Program continued to go from success to success.

In job creation, our operations workforce is currently nearly double our original estimates and two-thirds are local, northern residents.

In the area of business spending, 2007 was our second largest year, and capital and operations spending with northern companies, many of which are Aboriginal, reached its best year, passing half a billion dollars.

Equally important is our continued commitment to environmental stewardship.

Last year, we remained in compliance with all permits and licences, continuing to protect the land, the water, and wildlife where we work.

A highlight of the year was the renewal of our water licence for another eight years and our efforts to recertify our environmental management system to international ISO standards.

To learn more about Diavik’s efforts towards sustainability in 2007, I invite you to review this publication further, where we provide more information about our work as a Rio Tinto company dedicated to “using resources wisely”.

Kim Truter
President and Chief Operating Officer
Diavik Diamond Mines Inc.

Download 8th Annual Diavik Sustainable Development Report

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