Fortune Minerals understands the importance of our projects to the livelihoods and ongoing quality of life in the communities that we operate, and we are committed to making a lasting contribution.
In the Northwest Territories the government is expanding its electricity infrastructure to spur Northern development. NICO is a potential “anchor tenant” for this new capacity that would provide lower cost and cleaner power to communities and industry. Plans for the NICO project also include Fortune’s contribution to the development of an all-weather road. Once operational, the road would connect communities otherwise isolated as a result of limited access provided by the winter roads. The all-weather road would lower the cost of living and support diverse economic growth such as tourism, hydro-electric power expansion, as well as mineral exploration and development in the region. Both initiatives support the long-term sustainability of northern communities and improve the viability of other projects in the area.
Fortune has embedded policies in purchasing and employment practices to support its commitment to ensuring local communities and First Nations benefit from our projects. Between 2007 and 2012, three quarters of those working at the NICO camp were First Nation citizens from the North.