Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Resource Efficiency
• Sustainable Mining Practices

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Community Engagement
• Social Licensing

Social Achievements

• Community engagement initiatives in Zambia to foster positive relationships and secure social license.

Governance Achievements

• Compliance with local regulatory requirements regarding the environment.

Climate Goals & Targets

Environmental Challenges

• General and economic risks (global economic contractions, inflation, equity market movements, currency fluctuations, changes in government policy, fuel supply disruptions due to geopolitical conflicts).
• Dependence on key personnel.
• Pandemic risk.
• Market perception of mining and exploration companies.
• Political risk.
• Uninsurable risks (accidents, pollution).
• Security of tenure (mineral rights).
• Funding risk.
• Commodity risk (volatile copper and gold prices).
• Exploration and development risks (failure to achieve estimated mineral resource, recovery, and production rates).
• Reserve and resource estimates (uncertainty in estimates).
• Operational risk (hazards in exploration, development, and production).
• Mining risk (practical, technical, and cost challenges).
• Environmental risk (pollution, clean-up costs, evolving environmental legislation).

Mitigation Strategies

• Constant review of risks inherent in exploration business.
• Longer-term incentive plans for key personnel.
• Evaluation of political and economic risks, maintaining relations with authorities, exploring opportunities in other jurisdictions.
• Pandemic preparedness plans to protect personnel and ensure business continuity.
• Active pursuit of opportunities to diversify commodity risk.
• Reliance on numerous advisors for compliance.
• Capital management policies and credit risk procedures.
• Appropriate authority and investment and accounting policies.
• Regular review of project economics.
• Adequate precautions to minimize operational risks.
• Policies appropriate to the stage of development of various projects.
• Environmental baseline studies with independent consultancies.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Governance
• Stakeholder Engagement
• Risk Management
• Compliance

Social Achievements

• Implementation of Corporate Social Responsibility (CSR) programs in Zambia, focusing on community engagement and social-economic benefits.

Governance Achievements

• Adherence to the Quoted Companies Alliance (QCA) Code.
• Establishment of an Audit Committee and a Remuneration Committee.
• Ongoing review of Board composition and skills.

Climate Goals & Targets

Environmental Challenges

• Retention of key staff
• Strategic single jurisdiction operations
• Pandemic risk
• Single commodity risk
• Regulatory risk
• Financial liquidity, market, and credit risk

Mitigation Strategies

• Consideration of longer-term incentive plans and preservation of cash resources.
• Constant evaluation of political and economic risks, maintaining cordial relations with authorities, and exploring opportunities in other jurisdictions.
• Implementation of necessary changes in relevant jurisdictions and monitoring government guidance.
• Actively seeking opportunities to diversify commodity risk.
• Reliance on guidance from numerous advisors to instill a culture of compliance.
• Implementation of capital management policies and procedures.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: QCA Code