Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Risks of Foreign Operations (political instability in Tanzania, Guinea, Ukraine, and Serbia; regulatory changes; currency fluctuations; war in Ukraine)
• Regulatory Changes (changes in mineral exploration or investment policies and legislation)
• General Operational Risks (explosions, fire, migration of harmful substances, equipment failures, adverse weather conditions, pollution)
• Environmental Risk (compliance with environmental laws and regulations; climate change risks)
• Personnel Risks (reliance on key personnel; difficulty attracting and retaining qualified personnel)
• Competition Risks (competition from other mining companies; inability to respond to changing technical development)
• Reputational Risk
• Litigation and Dispute Risks
• Risks Relating to the Availability of Additional Financing
• Going Concern Risk

Mitigation Strategies

• The Company has operated in Tanzania for a number of years and management believes the Company has reasonably good relations with the current Tanzanian government.
• The Company applies technical and process controls in line with industry -accepted standards to protect its information assets and systems
• The Company will maintain insurance where it is considered appropriate for its needs

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• increased severity of weather patterns and incidence of extreme weather events and longer -term physical risks such as shifting climate patterns

Transition Risks

• the emergence of new or expanded regulations associated with the transitioning to a lower -carbon economy and market changes related to climate change mitigation