Infinico Metals Corp.
Climate Impact & Sustainability Data (2024-01 to 2024-06)
Reporting Period: 2024-01 to 2024-06
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impacting workforce, economies, and financial markets; travel restrictions and health policy recommendations.
- Limited financial resources and no assurance of additional funding for exploration and development.
- Resource exploration and development risks, including unprofitable efforts and market fluctuations.
- Fluctuation of metal prices impacting profitability.
- Dilution to existing shareholders due to required equity financing.
- Increased costs due to various factors (fuel, labor, etc.).
- Intense competition in the mining industry.
- Obtaining necessary licenses for operations.
- Government regulations and environmental restrictions.
- Dependence on key personnel and external suppliers.
- Inadequate infrastructure potentially delaying or preventing project development.
- Title disputes or claims.
- Exploration and mining risks (fires, accidents, etc.).
- Regulatory requirements and potential non-compliance penalties.
- Uninsured or uninsurable risks.
- Potential disputes with other parties.
Mitigation Strategies
- Adapting to changes in travel restrictions and health policy recommendations.
- Seeking additional funding through equity offerings, joint ventures, or bank debt financing.
- Careful planning and execution of exploration programs.
- Monitoring metal prices and adapting strategies accordingly.
- Issuing securities to raise capital, potentially leading to dilution.
- Careful budgeting and cost management.
- Competitive strategies to acquire properties and attract capital.
- Proactive efforts to obtain necessary licenses.
- Compliance with environmental regulations.
- Retention of key personnel and management of supplier relationships.
- Assessment of infrastructure availability and planning accordingly.
- Thorough title verification.
- Risk mitigation strategies for exploration and mining operations.
- Compliance with regulatory requirements.
- Risk assessment and insurance where economically feasible.
- Dispute resolution mechanisms.