Mountain Province Diamonds, which holds a 49 per cent stake in Gahcho Kué, has offered a $100-million placement to mine diamonds in the Lac de Gras region of the Northwest Territories. The announcement, made on September 30, stated that $75 million will come from a bought deal, the full amount to close near the date of October 16.
Jewelers Mutual Insurance Company is collaborating with Ceridian LifeWorks on a program called the RELI(E)VE Program to help treat the psychological consequences of armed robberies and similar traumatic events on jewelers. LifeWorks has a history of providing employee assistance programs as well as work life, wellness, and crisis support services throughout the U.S. and Canada.
The program will be available to jewelers and family members who have been affected by a traumatic event such as a robbery or natural disaster, leading to a Jewelers Mutual insurance claim. The program offers a 24/7 telephone access to masters-level counselors as well as face-to-face sessions and on-site crisis support for both one-on-one or group counseling.
“Jewelers work in a dangerous industry, and I think I speak for everyone at Jewelers Mutual when I say there is nothing more heart-wrenching than news that one of our jewelers has been involved in an armed robbery or a shooting or another traumatic situation,” says Darwin Copeman, president and CEO of Jewelers Mutual. “We want to help you and your employees recover however we can, so you can move forward with your lives and resume your life’s work.” CJ
Production for the mine is expected to start mid-to-late 2016 in NWT as a joint venture with De Beers. The mine is expected to offer 700 jobs during the construction process, which will last for two years. There will be 400 people employed afterwards for operation. CJ
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