Golden Deeps Limited
Climate Impact & Sustainability Data (2017, 2023, 2023-06-30)
Reporting Period: 2017
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Ongoing delays by the Namibian Ministry of Mines and Energy in granting licence applications and renewals.
- Renewal of EPL 3743 was rejected; appeal lodged.
- Renewal of EPL 3543 is taking a long time.
Mitigation Strategies
- Lodged a lengthy and detailed appeal against the rejection of EPL 3743 renewal.
- Continued with the renewal process for EPL 3543.
- Granted three new tenements adjacent to key tenements (EPL 5496, 5509, 5510).
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
- Climate Change
- Work Health and Safety
- Diversity, Equity, and Inclusion
- Human Rights
Governance Achievements
- Established a Sustainability Committee
- Adopted a Diversity, Equity, and Inclusion Policy
- Implemented a Whistleblower Protection Policy
- Established an Anti-Bribery and Anti-Corruption Policy
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASX Corporate Governance Principles and Recommendations – 4th Edition
Reporting Period: 2023-06-30
Environmental Metrics
ESG Focus Areas
- Diversity, Equity, and Inclusion
- Environmental Care
Social Achievements
- Established a Diversity, Equity and Inclusion Policy with a target of achieving gender diversity by 30 June 2026 (25% of the Board and 40% of the wider workforce).
Governance Achievements
- The Board performs the functions of an audit committee, nomination committee, remuneration committee, and risk committee due to the company's size.
Climate Goals & Targets
Environmental Challenges
- Volatile and uncertain outcomes of exploration and development activities.
- Volatile mineral prices.
- Substantial work needed to establish and unlock economic value in projects.
- Potential title disputes.
- Need for land access agreements and Heritage Clearance with Native Title claimants for Tuckers Hill Gold Project.
Mitigation Strategies
- A range of projects and minerals to manage and minimize risks and take advantage of opportunities.
- Monitoring cash position as projects progress.
- Progressing a study into the development of high-grade vanadium deposits in Namibia.