Canadian Environmental Assessment Act: An Act passed by the Government of Canada in 1992 to establish a federal environmental assessment process which seeks to achieve sustainable development by conserving and enhancing environmental quality and by encouraging and promoting economic development that conserves and enhances environmental quality.

Communities of Interest: Includes shareholders, indigenous peoples, customers, employees, host communities, governments and various non-governmental organizations (NGOs).

Community-Related Expenditures: Comprise spending by the company on the following initiatives: health, education, civic arts and culture, environment and community development.

Concentrator: A milling plant that produces a concentrate of valuable minerals or metals from ore.

Direct Contribution to Community: A measure used to approximate the contribution of the operation to its local community excluding taxes paid to national and state/provincial governments. It is the summation of wages and salaries and benefits other than post-retirement benefits; post-retirement benefits; external employee training; expenditures for employee health programs; the portion of operating expenditures made in the local community, capital investment, community-related expenditures and in-kind donations.

Disabling Injury: Is an injury where an employee does not return to work or does not perform their regular duties during the next regularly scheduled shift. The Disabling Injury Frequency is the number of injuries that occurred for the reporting period multiplied by 200,000 hours and divided by the total number of hours worked during the reporting period.

Electrostatic precipitator: An emission control device that utilizes electrical charge to remove dust from a waste gas flow.

Emissions: Residue material released into the atmosphere by way of steam or smoke discharged from operations.

Greenhouse gas (GHG): A gas that allows light from the sun to heat earth, but that prevents lossof the heat from the Earth's atmosphere into space.

Hectare: A measure of surface area equal to 10,000 square metres (equivalent to 2.47 acres).

Hydrometallurgy: An industrial process that uses chemicals to extract metals from minerals.

Impact and Benefits Agreement (IBA): A formal, written agreement between a company and First Nations that help to manage the predicted impacts associated with an industrial development and to secure economic benefits for neighbouring communities affected by that development.

Indirect Taxes: Primarily provincial/state sales taxes, property taxes, municipal taxes and mining lease payments. Excludes recoverable indirect taxes.

In-kind Donations: Tangible assets that have been gifted to the community by the company.

JETA: Joint Voisey’s Bay Employment and Training Authority Inc.

Laterite ore: A reddish clay mineral that contains a concentration of nickel oxide minerals and from which the silica has been naturally leached.

Living Wage: A concept whereby employees are paid a fair wage that ensures that they and their families are able to live above the poverty level of a particular region.

Lost-time injury: An injury that prevents the employee from working their next regularly scheduled shift.

Medical Aid: An injury that requires attention only a physician is qualified to provide.

Minimum Physical Requirement Surveys: The average prices of goods and services which are minimum basic needs consumed by two adults and three children in the PT Inco Project area on a monthly basis. The survey includes food and beverage, fuel, housing and kitchen, clothing, and other areas such as recreation and medical services.

Modified Work: An injury that prevents the worker from performing their regular duties; work restrictions imposed/recommended by a physician.

Nickel Sensitization: Dermal sensitization is an allergic immune system response, which may, upon prolonged and intimate contact of skin by metallic nickel of soluble nickel salts, result in dermatitis including skin rashes and itching.

Operating, Capital and Community-Related Expenditures: Expenditures made on the purchase of goods and services, maintenance, capital investment, infrastructure, community giving and if any, purchased feed.

Particulate: Finely divided solid or liquid particles in gaseous emissions from various areas of a mining, smelting, concentrating or refining operation, including chemical droplets, dust mists, fogs, fumes and smoke.

Pilot plant: A small scale facility used to test the technical and economic feasibility of new processes and technologies prior to construction of a full-scale facility.

Post-Retirement Benefits: The estimated portion of pension benefits and, where applicable, health and life insurance benefits paid by the company’s retirement plans to/on behalf of retirees living in the respective community.

Profit sharing: Inco recognizes that employees contribute to the results of the Company and accordingly should participate in the Company’s financial outcomes. A number of profit sharing plans exist that provide employees a share in the Company’s financial results.

Respiratory carcinogenicity: Consists of various forms of cancer occurring in the respiratory tract.

Tailings: The residue from ore processing that usually has the consistency of sand.

Tonne: A unit of mass equal to one thousand kilograms.

Toxicity: A measure of the ability of a particular chemical or effluent to cause death or impairment to an animal or plant. There are many toxicity tests in use for different organisms.

Troy ounce: One troy ounce = 31.1035 grams. Troy weight is a system of weights used for precious metals.

Universal Declaration of Human Rights: On December 10, 1948 the General Assembly of the United Nations adopted and proclaimed the Universal Declaration of Human Rights to establish a common standard of achievement for all peoples and all nations. The Declaration recognizes that the inherent dignity and of the equal and inalienable rights of all members of the human family is the foundation of freedom, justice and peace in the world.