Climate Change Data

Aurelia Metals Limited

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

Water Consumption:Peak: 708 ML (FY19), 827 ML (FY20); Hera: 356 ML (FY19), 419 ML (FY20)

ESG Focus Areas

  • Safety
  • Environment
  • Community
  • Human Resources
  • Sustainability

Environmental Achievements

  • Tailings column trials undertaken at Hera to assess tailings dam cover options; rehabilitation undertaken at Peak on areas disturbed by 2019 exploration and historic mine sites.
  • Hera and Peak mines are zero discharge.

Social Achievements

  • Launched Aurelia Metals – Safe Metals strategy to improve workplace health and safety; introduced a Senior Management Taskforce for Significant Incidents.
  • Donations supported Cobar High School Makerspace, air conditioners at Cobar retirement village, and Cobar Miner’s Race Day (donation deferred due to COVID-19).
  • 67% of Peak and 48% of Hera expenditure was with local suppliers.

Governance Achievements

  • Established Sustainability and Risk Committee in November 2019; updated Enterprise Risk Management (ERM) framework aligned to ISO 31000.
  • Completed a Business Effectiveness Review to gain feedback from the workforce.

Climate Goals & Targets

Short-term Goals:
  • 30% reduction in TRIFR by end of FY2021; 50% reduction by end of FY2022; no fatalities.

Environmental Challenges

  • Deterioration in Total Recordable Injury Frequency Rate (TRIFR) from 12 to 22; unanticipated water management requirements and lower than expected base metal revenues impacted AISC.
  • COVID-19 pandemic presented challenges to business continuity and workforce management.
  • Breach of Section 4.2(1)(b) of the Environmental Planning and Assessment Act 1979 for transporting concentrate after daylight hours.
Mitigation Strategies
  • Launched Aurelia Metals – Safe Metals strategy with four targeted components; introduced small, consistent, and traceable work teams to mitigate COVID-19 risks.
  • Implemented strict COVID-19 controls, including small, consistent, and traceable workgroups; engaged with local communities to address FIFO/DIDO workforce implications.
  • Commenced an environmental compliance awareness program at Hera and planned to extend it to Peak.

Supply Chain Management

Responsible Procurement
  • Aiming to procure goods and services from local providers where possible.

Climate-Related Risks & Opportunities

Physical Risks
  • Water scarcity due to drought conditions
Transition Risks
  • Changes to legislation and regulation; reputation risk; market changes; shareholder activism.

Reporting Standards

Frameworks Used: JORC Code 2012