I&D News

August 2004

I&D Management Services Ltd. Press Release December 2002

I&D Management & New Northern Aboriginal Company, Plans Official Opening

(Yellowknife NT, December 13, 2002) I&D Management Services Ltd. (I&D), a northern aboriginal partnership, is pleased to announce the official launch of their new company.

I&D, formed to meet the North's growing demand for management services, is 100 per cent Aboriginal owned by the Dogrib Nation Trust Co., Yellowknives Deton´ Cho Corporation, Denesoline Corporation of Lutsel K´e, and the Kitikmeot Inuit Association.

The company's major client is Diavik Diamond Mines Inc. (DDMI). I&D is providing approximately 100 employees, or about 20 per cent, of the Diavik Diamond Mine site workforce. I&D employees operate ore haul trucks, excavators, dozers, and other heavy equipment at the mine located 300 kilometres northeast of Yellowknife. An additional four employees are based at the company's Yellowknife offices.

"I&D, like Diavik, is committed to the North. We are looking forward to a strong partnership with Diavik and other customers," said I&D President Alex Nitsiza. "Currently we are 75 per cent northern. One-half of our employees are Aboriginal," he added.

Twenty-three per cent of I&D's employees have participated in Diavik training programs.

"From an employment and capacity building point of view, Diavik was interested in ways in which we could involve the various northern communities in our operations phase. I&D fits well with our sustainable development approach," said Stephen Prest, DDMI President.

For more information contact I&D's General Manager Lana Roeland at 867-766-4914.