Minera IRL Limited
Climate Impact & Sustainability Data (2007, 2017-12-31, 2022-03)
Reporting Period: 2007
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Strict environmental standards followed in all projects; Corihuarmi mine built under strict environmental controls meeting international standards.
Social Achievements
- Strong community relations team; proven track record of working closely with local communities in all project areas; programs covering health, education, and company-sponsored projects aimed at sustainable development; local training and employment.
Governance Achievements
- Board maintains audit and remuneration committees advising on company governance; developed public relations and investor relations management to coincide with public advancement; successful IPO and fundraising of £11.4 million (US$22.5 million) in April 2007; listing on the Lima Stock Exchange increased liquidity and shareholder base.
Climate Goals & Targets
Environmental Challenges
- Difficulties in raising new funds in capital markets for international junior mining companies.
- Results of pre-feasibility study for Jagüelito project in Argentina were not consistent with company objectives.
Mitigation Strategies
- Company is well-positioned to take advantage of the attraction to shares of producing companies; intensified mergers and acquisitions efforts.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2017-12-31
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
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Produce more than 24,000 ounces of gold per year
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: NI 43-101
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: 2022-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic's potential negative effects on future operations.
- Debt to COFIDE, requiring alternative funding to avoid asset forfeiture (Ollachea Project).
Mitigation Strategies
- Compliance with Peruvian government's COVID-19 guidelines to maintain operations.
- Seeking alternative financing to repay COFIDE debt and develop the Ollachea Project.
- Establishment of trust agreements on Ollachea Project assets to secure COFIDE debt repayment.