Forge Resources Corp
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Community Engagement
- Environmental Compliance
- Responsible Mining Practices
Environmental Achievements
- Full environmental licensing granted for La Estrella Coal Project
- Commitment to reforestation, water infrastructure improvement, and flora/fauna preservation in Betulia
Social Achievements
- Active community engagement in Betulia, including educational support, infrastructure improvements, and cultural initiatives
- Development of early actions to characterize, socialize and to impact the wellbeing of neighbors in Betulia
Governance Achievements
- Experienced management team with expertise in mining, engineering, geology, and environmental management
- Strategic partnerships with Archer Cathro & Associates and Geominas Ingenieros
Climate Goals & Targets
Medium-term Goals:
- Initiate coal production at La Estrella Coal Project
Short-term Goals:
- Complete underground bulk sampling program at La Estrella Coal Project
Environmental Challenges
- Fluctuations in coal prices
- Transportation logistics to port
Mitigation Strategies
- Exploration of alternative transportation routes
- Focus on cost-effective mining operations
- Strategic partnerships to secure favorable bulk sample purchase agreements