Almaden Minerals Ltd.
Climate Impact & Sustainability Data (2019, 2022)
Reporting Period: 2019
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Dry-stack filtered tailings facility eliminating tailings dam risk
- Water storage dam for mine and community use
- Extensive geochemical studies showing low potential for acid rock drainage and metal leaching
- Limestone waste rock suitable for commercial uses (aggregate, cement feed)
Social Achievements
- Independent Social Impact Assessment (EVIS) conducted
- Social Investment Plan developed with local communities
- Over 800 community members signed a declaration of support
- Memorandum of Understanding signed with local water users
- 46 community dialogue and technical sessions held
- Over 20,000 recorded interactions with 35 communities
Governance Achievements
- Received clearance from Mexican archaeology authority (INAH)
- Received confirmation from environmental enforcement agency (PROFEPA) of exploration program compliance
- Surface ownership acquired through voluntary agreements
Climate Goals & Targets
Environmental Challenges
- Legal challenges against the Government of Mexico using the Company’s mineral claims
Mitigation Strategies
- One lawsuit fully dismissed, the other appealed by Mexican authorities
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ILO 169, UNEP report on Mine Tailings Storage
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Sustainable Development Goals
- Human Rights
- Environmental Permitting
- Resource Management
Social Achievements
- Ixtaca project selected for UN pilot project focusing on sustainable resource management, in coordination with the Mexican Ministry of Economy.
Climate Goals & Targets
Environmental Challenges
- Potential challenges related to community relations, governmental regulations, and obtaining necessary licenses and permits.
- Risks related to mineral properties being subject to prior unregistered agreements, transfers or claims and other defects in title.
- Changes in mining, environmental or agrarian laws and regulations.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: UNFC (United Nations Framework Classification), UNRMS (United Nations Resource Management System)
UN Sustainable Development Goals
- All 17 UN Sustainable Development Goals
The UNRMS guiding principle is to make resource management entirely in alignment with the 2030 Agenda for Sustainable Development and see how resource production can contribute to each of the 17 Sustainable Development Goals (SDGs).