Nunavut also happens to be the least populated and the northernmost permanently inhabited place in the world! The polar climate probably has something to do with that since average temperatures are about 55°F (13°C) in mid-summer and drop to -17°F (-27°C) in the dead of winter. The biggest contributor to the Nunavut economy is mining, as well as gas and oil exploration; these are supplemented by tourism, arts and crafts, education, hunting, fishing and whaling.
In days gone by, the mines in the Nunavet were certainly diverse. They encompassed a wide range of exploration, production and remediation. Precious metals such as gold and silver were mined along with metals used for industrial purposes such as iron, zinc and tungsten. Even diamonds were mined in Nunavet!
Today, mining is still big business for Nunavet. In 2013, mining production accounted for an estimated 30% or more of the territory’s Gross Domestic Product (GDP). And given that there is only one mine in production—the Agnico-Eagle Ltd’s gold mine at Meadowbank—the implications for further growth are clear. That mine is expected to produce 360,000 ounces of gold in this year alone!
Electronic Imaging was pleased and fascinated when we were approached to find a way to label their mining operations. Our durable 430 Polyester Tags were chosen because they can withstand the harsh, extreme conditions in the Canadian Arctic. These tough tags are doing what they’ve always done for businesses: helping to reliably organize, control costs, deliver products on-time and manage resources. Needless to say, EIM is glad to be part of the continued growth for our northern neighbors.