Calibre Announces the Publication of its 2021 Environmental, Social and Governance Sustainability Report
July 06 2022 - 6:00AM
Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF)
(“Calibre” or the “Company”) is pleased to announce that it has
published its 2021 Sustainability Report (“the Report”). The Report
outlines Calibre’s 2021 progress and achievements and provides
guidance for the Company’s Environmental, Social and Governance
(“ESG”) performance. Calibre’s increasing integration of
sustainability practices and close teamwork, based largely on
robust ESG performance, assisted the Company to surpass the high
end of its 2021 production targets.
2021 Highlights
Environment
- Zero high-risk reportable
environmental incidents;
- Gap assessment against the Cyanide
Code conducted, and actions to correct deficiencies are
underway;
- 46% of water recycled for
operational use;
- 626 tonnes of non-mineral waste
recycled; and
- Greenhouse gas emissions inventory
conducted.
Social
- No significant fines, violations,
or incidents related to employment practices, health and safety,
workplace disruptions, or community disputes during the reporting
period;
- 2021 LTIFR of 0.51, a reduction of
approximately 22% over 2020;
- 100% of public consultations
resulted in community consent to develop proposed projects;
- 95% of our employees are
Nicaraguan, and 81% of those are from local communities; and
- US$285.9 million in economic value
distributed.
Governance
- No instances of non-compliance with
laws and regulations;
- Zero Whistleblower Policy
complaints;
- 705 business partners assessed
under due diligence process;
- 100% of signed contracts included
precautionary clauses on human rights; and
- Responsible Gold Mining Principle’s
Year-One Implementation Progress Report published and externally
assured (found here).
Darren Hall, President & Chief
Executive Officer of Calibre, stated: “I am extremely
proud of what the team has accomplished in the two years since we
acquired our Nicaraguan assets, becoming a growing gold producer
that continues to deliver positive and sustainable benefits to all
stakeholders. Continued integration of our sustainability programs
across the business enabled Calibre to exceed the high end of our
2021 production guidance.
“Perhaps most significantly, we launched our
Five-Year Sustainability Strategy (2022-2026), a pivotal step
toward integrating robust ESG performance as Calibre’s business
edge. The strategy forges a connection between Calibre and its
partners’ internal responsible business practices, their
contributions to the sustainability of our host communities, and
global efforts to safeguard the future of our planet.
“With our recent acquisition of our Nevada
assets, Calibre has become a diversified, Americas-focused, growing
mid-tier gold producer. This allows us to extend our ESG
commitment, and to advance our journey toward becoming a
front-runner among our peers in sustainability. We will continue
executing our business The Right Way, The Safe Way, Every Day.”
The Report can be found here and on the Company
website at www.calibremining.com.
The 2021 Sustainability Report has been prepared
in accordance with the Global Reporting Initiative (“GRI”)
Standards and the related GRI G4 Mining and Metals Supplement; the
Value Reporting Foundation’s Sustainability Accounting Standards
Board 2021 Metals & Mining Industry Standards; and the Mining
Local Procurement Reporting Mechanism.
ON BEHALF OF THE BOARD
“Darren Hall”
Darren Hall, President & Chief Executive
Officer
For further information, please
contact:
Ryan KingSenior Vice President,
Corporate Development & Investor RelationsT: 604.628.1010E:
calibre@calibremining.comW: www.calibremining.com
About Calibre Mining Corp.
Calibre is a Canadian-listed, Americas focused,
growing mid-tier gold producer with a strong pipeline of
development and exploration opportunities across Nevada and
Washington in the USA, and Nicaragua. Calibre is focused on
delivering sustainable value for shareholders, local communities
and all stakeholders through responsible operations and a
disciplined approach to growth. With a strong balance sheet, no
debt, a proven management team, strong operating cash flow,
accretive development projects and district-scale exploration
opportunities Calibre will unlock significant value.
Cautionary Note Regarding Forward
Looking Information
This news release includes certain
“forward-looking information” and “forward-looking statements”
(collectively “forward-looking statements”) within the meaning of
applicable Canadian securities legislation. All statements in this
news release that address events or developments that we expect to
occur in the future are forward-looking statements. Forward-looking
statements are statements that are not historical facts and are
identified by words such as "expect", "plan", "anticipate",
"project", "target", "potential", "schedule", "forecast", "budget",
"estimate", "intend" or "believe" and similar expressions or their
negative connotations, or that events or conditions "will",
"would", "may", "could", "should" or "might" occur. Forward-looking
statements necessarily involve assumptions, risks, and
uncertainties, certain of which are beyond Calibre’s control. For a
listing of risk factors applicable to the Company, please refer to
Calibre’s annual information form for the year ended December 31,
2021, available on www.sedar.com. This list is not exhaustive of
the factors that may affect Calibre’s forward-looking
statements.
Calibre’s forward-looking statements are based
on the applicable assumptions and factors management considers
reasonable as of the date hereof, based on the information
available to management at such time. Calibre does not assume any
obligation to update forward-looking statements if circumstances or
management’s beliefs, expectations or opinions should change other
than as required by applicable securities laws. There can be no
assurance that forward-looking statements will prove to be
accurate, and actual results, performance or achievements could
differ materially from those expressed in, or implied by, these
forward-looking statements. Accordingly, undue reliance should not
be placed on forward-looking statements.
Calibre Mining (TSX:CXB)
Historical Stock Chart
From Mar 2024 to Apr 2024
Calibre Mining (TSX:CXB)
Historical Stock Chart
From Apr 2023 to Apr 2024