Prophecy Platinum Corp.
Climate Impact & Sustainability Data (2012-06-30)
Reporting Period: 2012-06-30
Environmental Metrics
Social Achievements
- Concluded a cooperation and benefits agreement with Kluane First Nation to support the Company’s exploration program and environmental studies for the development of its Wellgreen project in Southwestern Yukon.
- In August 2009, URSA signed an Impacts and Benefits Agreement (“IBA”) with Sagamok Anishnawbek First Nation (“Sagamok”).
Climate Goals & Targets
Environmental Challenges
- Exploration, Development and Production Risks
- Title Risks
- Substantial Capital Requirements
- Competition
- Volatility of Mineral Prices
- Recent Global Financial Conditions
- Environmental Risks
- Foreign Operations
- Reliance on Key Employees
- Conflicts of Interest
- Permits and Licenses
- Potential Volatility of Share Price
- Currency Fluctuations
- Uninsured Risks
- Dilution
Mitigation Strategies
- The Audit Committee meets regularly to review reports and discuss significant risk areas with the internal and external auditors. Management and the Board of Directors continuously assess risks that the Company is exposed to, and attempt to mitigate these risks where practical through a range of risk management strategies.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: NI 43-101