Climate Change Data

American CuMo Mining Corporation (CuMoCo)

Climate Impact & Sustainability Data (2009, 2015, 2017)

Reporting Period: 2009

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

  • Environmental considerations were not investigated as part of this report. Assumptions on the possible environmental impacts of the project have been made where required for this study, as detailed in the relevant sections of this report. Detailed remediation and reclamation plans will need to be addressed in subsequent studies.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NI 43-101

Reporting Period: 2015

Environmental Metrics

Climate Goals & Targets

Short-term Goals:
  • Advance the CUMO project to the feasibility stage within three years.

Environmental Challenges

  • Legal challenges from Idaho Conservation League regarding environmental permits, specifically groundwater impacts.
Mitigation Strategies
  • CuMoCo worked through the litigation process, resulting in the dismissal of most claims. A Supplemental Environmental Assessment was initiated to address remaining concerns.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NI 43-101

Reporting Period: 2017

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Sustainable Development
  • Environmental Stewardship
  • Responsible Practices

Environmental Achievements

  • Maintained best management practices with respect to groundwater, hydrogeology and environmental protection during exploration programs.
  • Completed Lower Level analysis Categorical Exclusion (CE) in 2011 and received Middle Level Environmental Assessment (EA) permits.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Become one of the largest, lowest-cost and most profitable molybdenum, silver and copper deposits in the world
Medium-term Goals:
  • Obtain necessary permits for Environmental Impact Statement (EIS)
Short-term Goals:
  • Complete the project’s Feasibility Study

Environmental Challenges

  • Requires approximately $25 million to complete the project’s Feasibility Study and $75 million for the Environmental Impact Statement.
  • Potential cost overruns requiring additional funding ($50 to $100M).
Mitigation Strategies
  • Multiple financing arrangements under consideration (off-take arrangements, equity plus direct interest, joint venture earn-in, convertible debentures).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed