Transition fund

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. Over the year, the mining camp has 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. 

Since the summer of 2022, local organizations have had access to a transition fund to carry out projects to mitigate the social impacts of the mine closure. The transition fund is managed by Administration régionale Baie-James (ARBJ).