C3 Metals Inc.
Climate Impact & Sustainability Data (2023-08-31)
Reporting Period: 2023-08-31
Environmental Metrics
Social Achievements
- Community and social development expenditures of $549,940 at Jasperoide and $126,700 at Bellas Gate during fiscal year 2023.
- Health and safety costs of $120,122 at Jasperoide and $33,328 at Bellas Gate during fiscal year 2023.
Climate Goals & Targets
Environmental Challenges
- Exploration stage company with inherent risks of not discovering economically viable deposits.
- Fluctuations in copper, gold, and silver prices.
- Dependence on key personnel.
- Aggressive competition in the mining industry.
- Need for additional funding for exploration and development.
- Evolving environmental legislation.
- Potential challenges to property titles.
- Uninsured hazards.
- Conflicts of interest among directors and officers.
- Foreign political risks.
- Restrictions on repatriation of earnings.
- Need for permits, licenses, and approvals.
- Community risks and social acceptance of exploration activities.
- Regulatory matters.
- Mineral price fluctuations.
- Impact of the global COVID-19 pandemic.
- International conflict and geopolitical tensions.
Mitigation Strategies
- The company is actively engaged in exploration activities in Peru and Jamaica.
- The company has implemented community and social development programs.
- The company has implemented health and safety programs.
- The company is seeking additional funding through equity financing.
- The company is monitoring and adapting to evolving environmental regulations.
- The company has taken reasonable measures to ensure proper title to its properties.
- The company periodically evaluates the cost and coverage of available insurance.
- The company has mechanisms in place to manage conflicts of interest.
- The company is monitoring political and economic developments in its operating jurisdictions.
- The company is actively pursuing necessary permits, licenses, and approvals.
- The company is engaging with local communities.
- The company is complying with relevant laws and regulations.