Let`s Get Down to Business

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The Business Development Gateway
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Overview of Rankin
Inlet
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Current Infrastructure
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New Developments
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Deep Sea Port Project
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Meliadine Mine Project
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Almost all communities in
Nunavut were established from
traditional and cultural ties
Rankin Inlet was established as a
result of the North Rankin Nickel
Mine in 1957
Community has a strong history
and culture of mining
Some of the original minors of
the Rankin Inlet Nickel Mine are
still living in the community
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Hub community connecting the North, South,
East and West.
Population: 2,358 (Statistics Canada 2011
Consensus of Population)
Approx. 150 Registered Businesses
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Government of Nunavut:
Approximately 250 jobs
M&T Enterprises Ltd:
Approximately 45-60
depending on the season
Hope to change this with
opening of Meliadine
Mine: creating increase in
Private Sector Growth
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Large potential for new business
Strong existing workforce with a growing
number of entrepreneurs
Up-to-date Infrastructure: Cellphone
Coverage, Cable, Internet, Utilidor with
running sewage and water
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Rankin Inlet Airport Expansion
Men’s Correctional Facility
Itivia Site
Upgrades to Fuel Storage
All Weather Road from Rankin Inlet to
Meliadine Lake
Nunavut Manitoba All Weather Highway
Deep Sea Port Facility
Meliadine Mine Project
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$27 Million
Expansion will include the Runway and
Staging Area for the Aircrafts
This will add an additional access point to the
runway from the Airport
Creation of Construction Jobs
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Opening late October
2012
48 beds (in-mate
capacity)
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45 staff
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15 casual staff
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Industrial Area of Rankin Inlet
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Transport Canada/Airport Lands have designated a staging area for Agnico Eagle
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Hamlet expanding Itivia site to upgrade staging area for other mineral exploration
companies, local businesses, and for hamlet use
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Main Objective: to increase efficiency in loading and offloading sea lift materials
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Changes in Community Land Use Plan in the past 12 months have shown some of
these new developments for the Itivia Site.
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Rankin Inlet: 13 Fuel Tanks
Diesel Fuel Storage (8 tanks): 17 million litres
Gasoline Fuel (2 Tanks): 3 million litres
Aircraft Fuel (3 Tanks): 9 million litres
6 additional tanks completed in the last 2 years.
Reason:
◦ Community Growth.
◦ Significant Increase in Airport Movement.
◦ Spin off from Agnico Eagle Mine
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All-weather, $21 million, 24-kilometre road
that will link Agnico-Eagle Mining’s Meliadine
Gold Mine Project to Rankin Inlet
This will bring workers, fuel, drilling supplies
and food to the camp from the community
The road will allow year-round exploration
work to continue at the Agnico Eagle Mine
Site.
Expected to be completed late Summer –
early Fall 2012
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Connecting Manitoba Highway System in Sundance
(MB) to Churchill, Rankin Inlet, and four other
communities in the Kivalliq Region
Total Length: 1,475 km
Tremendous amount of construction and engineering to be
done providing large amount of employment opportunity for
Nunavummiut
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Annual Maintenance Cost estimated between $7-10 million
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Need for more services will increase including gas stations,
restaurants, service stations, etc.
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Business Case Reviewed by the Government in
Nunavut in March 2012
MB and NU will present finding to Federal
Government in an effort to secure further funding for
the project.
Proposed to be built in 3 phases over 14 years.
Phase 1 – Arviat to Rankin Inlet
Phase 2 – Chester Field Inlet to Baker Lake
Phase 3 – Arviat through to Churchill
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Ships tend to anchor about half-mile off shore
outside the barrier islands and use a barge
system to and from ship because Rankin Inlet
doesn’t have adequate marine facilities.
Ships have tugs and flat barges which they use to
transport goods back and forth costing
companies between $60-80,000/day.
All freight comes through Itivia Site with Fuel
coming through Johnsons Cove
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New Marine Facilities will have ships coming in
shown as Survey Point
Site is well protected and offers an easier access
for ship arrival and departure.
In case of emergency, this site is closer from the
exit point
This is also the preferred site for the shipping
companies
There is a lot of cargo landing spaces and
potential tank farm area
Finally, the Survey Point is a secure place for the
community.
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The floating wharf has been designed to receive a ship about 140
meters long, which corresponds to the biggest sealift ship of NSSI and
NEAS going into the Kivalliq Region
The savings for the sealift companies can be transferred into the
financing of the port for the Hamlet through harboring fees
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Logistic Savings
◦ Decrease in unload time for sealift boats from
approximately 8 days to 3 days)
◦ Sealift companies will not require staff to be flown
in to unload the boat (estimated to 5 men
@1000$/day + flight tickets)
◦ Easier and Safer fuel transfer from boat to shore
decreasing overall environmental risk
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Provide safer, cheaper and faster sealift/stevedoring
services.
Create new and welcome infrastructure for industrial and
non-industrial usage
Local social and economic development (Employment
opportunities and building local expertise)
Create an opportunity for increased fishing in the area
(larger vessels)
Strengthening Long Term Business Relationships with
other communities in the Kivalliq Region and Nunavut
Undertake public investments establishing Nunavummiut
as self-sustaining
Greater Establishment of Canada’s Presence in the Arctic
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P3 Partnership – Partnership between the
Public and Private Sectors.
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Port Cost: approximately $20 million
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Jobs Created (Port Specific): 10 - 15
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Anticipated Completion Date: August 2013
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Port should be ready for beginning of Agnico
Eagle’s Construction phase in 2013.
During the construction phase of the mine,
over the next 3 years, Agnico Eagle will be
able to receive 3-5 dedicated sealifts
approximately 55,000 tons per year
During the operation phase of the mine, they
will receive 2-3 dedicated sealifts of
approximately 45,000 tons per year
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Meliadine exploration and development project is 22
km northwest of Rankin Inlet
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$30 million spent on exploration studies this year
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Capital Investment: $1 billion for the Meliadine
Project
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Tentative Timeline:
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Full Mine Operations will begin in 2017, Mine will be
operational for 10-15 years.
◦ 2010-2014 – Exploration and Permitting
◦ 2012-2013 – Completion of Feasibility Study
◦ 2013-2016 – Construction
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Approximately:
◦ 500-600 jobs will be created during construction
◦ 500-600 jobs will be created once mine goes into
operation
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Annual operations spending will be between
$350-$450 million per year
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Job Creation (Over 500 people)
Private Sector companies expanding
accommodation capacity in Rankin Inlet
Increased Income and Revenues for the entire
community resulting in:
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Greater Need for Secondary Services
Increased variety of consumer products
More housing to be built
More services will be in demand
Ensuring our new developments move
forward prioritizing the values and goals of
the people in our community
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