Raglan Mine ensues from the signature of the Raglan Agreement in 1995 with the Nunavik Inuit, who were represented by the Makivik Corporation, the nearby communities of Salluit and Kangiqsujuaq, and their respective landholding corporation. We were then the first mining operation in Canada to have entered an impact and benefit agreement with an Aboriginal group.
The project, however, was officially brought into production in December 1997, after obtaining the necessary authorizations from the government authorities and the approval of the Inuit communities concerned.
More than $ 600 million have been invested initially to start the construction and launch the project . Over the years, we have also made many investments to build new infrastructures, improve current facilities (ex. seaport) and develop new projects.
Still today, Raglan Mine has a bright future ahead, while our current mineral inventory is sufficient to pursue our mining activities for over 25 years.