New World Resources Limited
Climate Impact & Sustainability Data (2022, 2023, 2024, FY22A to FY30E)
Reporting Period: 2022
Environmental Metrics
Water Consumption:58.7 m3/h (estimated)
Waste Generated:Approximately 1 million tonnes of development waste rock and internal waste (estimated)
ESG Focus Areas
- Environmental Impact Minimization
- Social Responsibility
- Sustainable Mining Practices
Environmental Achievements
- Targeting a low-impact underground mining operation to minimize surface footprint and environmental impact.
- Intention to constrain all surface disturbances to privately owned land to streamline permitting.
Social Achievements
- Utilizing existing roads and infrastructure to minimize disruption to the local community.
- Commitment to engaging with local workforce in Kingman, Arizona.
Governance Achievements
- Independent Scoping Study conducted by multiple consultants.
- Transparent reporting of findings and assumptions.
Climate Goals & Targets
Long-term Goals:
- Extend mine life beyond initial 10-year forecast
Medium-term Goals:
- Achieve steady-state production of 1.0Mtpa (Year 2 of operation)
- Expand Mineral Resource base through further exploration
Short-term Goals:
- Complete Pre-Feasibility Study (Q1 2023)
- Submit mine permit applications (Q4 2022)
Environmental Challenges
- Securing US$200 million in funding for pre-production.
- Updating the Mineral Resource Estimate and upgrading Inferred Resources to higher confidence categories.
- Obtaining necessary mine permits.
Mitigation Strategies
- Exploration drilling to expand the resource base and improve economics.
- Pre-Feasibility Study to optimize development parameters and economics.
- Strategic engagement with potential financiers and stakeholders.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: JORC Code (2012)
Reporting Period: 2023
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
- Environmental
- Social
- Governance
Environmental Achievements
- Underground mining only (no open pit), resulting in comparably low carbon emissions
- Dry-stack filtered tailings, with ~50% of tailings used as underground fill
- Almost all infrastructure on privately-owned land
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Complete Pre-Feasibility Study by end of 2023
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
Reporting Period: 2024
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:30% (target by 2030)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- >30% Renewables by 2030
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- >30% Renewables by 2030
Short-term Goals:
- Not disclosed
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
Reporting Period: FY22A to FY30E
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Financing risk, study risk, permitting risk, construction and ramp up risk
- Relatively small-scale project
- Polymetallic orebody
- Perceptions of US permitting
- Underground Operations
- Early Stage
- Project funding yet to be determined
Mitigation Strategies
- Conservative capex and opex figures in modelling
- Potential for upscaling
- High value per tonne of ore mined, diversity of revenue streams
- Antler is located on private land in a sparsely populated region of Arizona, a highly ranked mining jurisdiction. Early engagement in the permitting process.
- Strong grades and low operating costs mitigate some risks associated with underground operations.
- PFS expected to provide clarity on costs and project specifics.
- Conservative capex assumptions, exploration success to increase resource base