Monument Mining Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 3,868 m2 of non-active slope rehabilitated; progressive rehabilitation program including tree planting.
Social Achievements
- Systematic training programs developed to equip local workforce with knowledge to operate new plant; emergency response training undertaken with local fire department; knowledge sharing with workforce and internship students; significant knowledge transfer to local professionals and workforce.
Governance Achievements
- ESG programs implemented thoroughly in all stages of project development and activities; good relationship built with federal and state authorities allowed sulphide project to be implemented on time.
Climate Goals & Targets
Long-term Goals:
- Proceed with an acquisition or corporate transaction to increase the Company’s market profile
Medium-term Goals:
- Upgrade Murchison to a potential cornerstone gold project for the Company
Short-term Goals:
- Optimize sulphide gold concentrate production and mine development at Selinsing
Environmental Challenges
- Turbulent and challenging financial markets; reduced exploration activities at Murchison in FY2023 to preserve cash during final stages of sulphide plant construction.
Mitigation Strategies
- Focus on optimizing sulphide gold concentrate production and mine development at Selinsing; upgrading Murchison to a potential cornerstone gold project; acquisition or corporate transaction to increase market profile; care and maintenance program at Murchison to ensure efficient commissioning in the future.