The Matagami Mine is very grateful to the community of Matagami for their hospitality over the years. Mining operations have been key to developing the local workforce and fostering world-class expertise. The last Bracelac-McLeod mine has created 330 direct jobs and 430 indirect jobs.
Mining and forestry are an integral part of life in Matagami. We have forged lasting ties with the people here, striving to be attentive to their concerns and taking a proactive stance to improving their quality of life.
In preparation for the 2022 closure, we have been working with the specialized consultants at Transfer Environment and Society. We have set up a Community Working Group to oversee the social aspects of the transition. The Group is made up of various local stakeholders representing community organizations, youth, seniors, municipal government and others. They met several times in 2021 to identify potential social impacts as operations wind down and to set out an action plan.
As of summer 2022, local organizations will have access to a Transition Fund to carry out projects to mitigate these social impacts.