Presentation on theme: "Rankin Inlet | Kangiqliniq"— Presentation transcript:
1Rankin Inlet | Kangiqliniq The Business Development Gateway
2Presentation Outline: Overview of Rankin InletCurrent InfrastructureNew DevelopmentsDeep Sea Port ProjectMeliadine Mine Project
3Rankin Inlet – Nickel Mine Almost all communities in Nunavut were established from traditional and cultural tiesRankin Inlet was established as a result of the North Rankin Nickel Mine in 1957Community has a strong history and culture of miningSome of the original minors of the Rankin Inlet Nickel Mine are still living in the community
4Rankin Inlet FactsHub community connecting the North, South, East and West.Population: 2,358 (Statistics Canada Consensus of Population)Approx. 150 Registered Businesses
5Main Sources of Employment Government of Nunavut: Approximately 250 jobsM&T Enterprises Ltd: Approximately depending on the seasonHope to change this with opening of Meliadine Mine: creating increase in Private Sector Growth
6What we Have to Offer Large potential for new business Strong existing workforce with a growing number of entrepreneursUp-to-date Infrastructure: Cellphone Coverage, Cable, Internet, Utilidor with running sewage and water
7Developments in Rankin Inlet Rankin Inlet Airport ExpansionMen’s Correctional FacilityItivia SiteUpgrades to Fuel StorageAll Weather Road from Rankin Inlet to Meliadine LakeNunavut Manitoba All Weather HighwayDeep Sea Port FacilityMeliadine Mine Project
8Rankin Inlet Airport Expansion $27 MillionExpansion will include the Runway and Staging Area for the AircraftsThis will add an additional access point to the runway from the AirportCreation of Construction Jobs
9Men’s Correctional Facility Opening late October 201248 beds (in-mate capacity)45 staff15 casual staff
10Itivia Site Industrial Area of Rankin Inlet Transport Canada/Airport Lands have designated a staging area for Agnico EagleHamlet expanding Itivia site to upgrade staging area for other mineral exploration companies, local businesses, and for hamlet useMain Objective: to increase efficiency in loading and offloading sea lift materialsChanges in Community Land Use Plan in the past 12 months have shown some of these new developments for the Itivia Site.
11Upgrades to Fuel Storage (Information Provided my Petroleum Products Division) Rankin Inlet: 13 Fuel TanksDiesel Fuel Storage (8 tanks): 17 million litresGasoline Fuel (2 Tanks): 3 million litresAircraft Fuel (3 Tanks): 9 million litres6 additional tanks completed in the last 2 years.Reason:Community Growth.Significant Increase in Airport Movement.Spin off from Agnico Eagle Mine
12All Weather Road – Rankin Inlet to Meliadine Lake All-weather, $21 million, 24-kilometre road that will link Agnico-Eagle Mining’s Meliadine Gold Mine Project to Rankin InletThis will bring workers, fuel, drilling supplies and food to the camp from the communityThe road will allow year-round exploration work to continue at the Agnico Eagle Mine Site.Expected to be completed late Summer – early Fall 2012
13Nunavut-Manitoba All Weather Road System Connecting Manitoba Highway System in Sundance (MB) to Churchill, Rankin Inlet, and four other communities in the Kivalliq RegionTotal Length: 1,475 kmTremendous amount of construction and engineering to be done providing large amount of employment opportunity for NunavummiutAnnual Maintenance Cost estimated between $7-10 millionNeed for more services will increase including gas stations, restaurants, service stations, etc.
14Nunavut-Manitoba All Weather Road System Business Case Reviewed by the Government in Nunavut in March 2012MB 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 InletPhase 2 – Chester Field Inlet to Baker LakePhase 3 – Arviat through to Churchill
17Deep Sea Port FacilityShips 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 $60-80,000/day.All freight comes through Itivia Site with Fuel coming through Johnsons Cove
19Deep Sea Port FacilityNew Marine Facilities will have ships coming in shown as Survey PointSite is well protected and offers an easier access for ship arrival and departure.In case of emergency, this site is closer from the exit pointThis is also the preferred site for the shipping companiesThere is a lot of cargo landing spaces and potential tank farm areaFinally, the Survey Point is a secure place for the community.
20Deep Sea Port FacilityThe floating wharf has been designed to receive a ship about 140 meters long, which corresponds to the biggest sealift ship of NSSI and NEAS going into the Kivalliq RegionThe savings for the sealift companies can be transferred into the financing of the port for the Hamlet through harboring fees
21Deep Sea Port Facility Logistic Savings Decrease in unload time for sealift boats from approximately 8 days to 3 days)Sealift companies will not require staff to be flown in to unload the boat (estimated to 5 men @1000$/day + flight tickets)Easier and Safer fuel transfer from boat to shore decreasing overall environmental risk
22Deep Sea Port Facility Outcomes Provide safer, cheaper and faster sealift/stevedoring services.Create new and welcome infrastructure for industrial and non-industrial usageLocal 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 NunavutUndertake public investments establishing Nunavummiut as self-sustainingGreater Establishment of Canada’s Presence in the Arctic
23Deep Sea Port FacilityP3 Partnership – Partnership between the Public and Private Sectors.Port Cost: approximately $20 millionJobs Created (Port Specific):Anticipated Completion Date: August 2013
24Deep Sea Port Facility: Agnico Eagle 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 yearDuring the operation phase of the mine, they will receive 2-3 dedicated sealifts of approximately 45,000 tons per year
26Meliadine Mine Project (Info provided by Agnico Eagle) Meliadine exploration and development project is 22 km northwest of Rankin Inlet$30 million spent on exploration studies this yearCapital Investment: $1 billion for the Meliadine ProjectTentative Timeline:– Exploration and Permitting– Completion of Feasibility Study– ConstructionFull Mine Operations will begin in 2017, Mine will be operational for years.
27Meliadine Mine – JOBS (Info provided by Agnico Eagle) Approximately:jobs will be created during constructionjobs will be created once mine goes into operationAnnual operations spending will be between $350-$450 million per year
28Meliadine Mine Effect on Local Businesses Job Creation (Over 500 people)Private Sector companies expanding accommodation capacity in Rankin InletIncreased Income and Revenues for the entire community resulting in:Greater Need for Secondary ServicesIncreased variety of consumer productsMore housing to be builtMore services will be in demand
29Rankin Inlet Community Economic Development Plan Ensuring our new developments move forward prioritizing the values and goals of the people in our community
30Thank You Mutna Email additional questions to: Evan Morrison email@example.com