Silver Bear Resources Plc
Climate Impact & Sustainability Data (2018)
Reporting Period: 2018
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- The Group requires its principal asset, the Mangazeisky silver project, to successfully achieve sustainable production levels and generate cash inflows in line with budget. There is continued uncertainty regarding the mine’s future performance as it remains in the pre-commercial stage of production.
Mitigation Strategies
- Management have prepared cash flow forecasts for the period to 31 March 2020, which are based on the Group's principal asset, the Mangazeisky silver asset in Russia, achieving sustainable production levels to generate sufficient cash flows to fund its operations and repay debt obligations and other liabilities as they fall due.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: IFRS
Third-party Assurance: BDO LLP UK, Chartered Accountants