Find out about our Company, board and what makes our business great
Metminco is committed to the principles and practices of sustainable development, and believes that an active and engaged approach to sustainability is essential in meeting its responsibilities to its shareholders, employees, the communities within which it operates, and the environment.
Further, the Company believes that a sustainable business process is essential in creating sustainable value for all its stakeholders. For both ethical and pragmatic business reasons, it is thus committed to the strict maintenance of internationally recognised standards as they relate to health and safety, the environment, society and economic and business management.
The Company is focused on copper and associated metals in South America, and aims to deliver superior returns to its shareholders by exploring, and developing, prospective projects while conducting related activities in such a way as to minimise their impact on the communities in which it operates, and the environment at large. Although there are different levels of exploration maturity across the Company’s projects, there is universal compliance in terms of legal compliance, maintenance of a safe and healthy work environment, minimisation of environmental impact, reduction of resource consumption and the maintenance of harmonious relationships with local communities.
Metminco recognises that the protection of the environment in the areas in which it operates is of paramount importance, both in terms of its business imperative and its moral and legal responsibility.
Although the Company is committed to complying with all relevant regulatory requirements applicable to the environment in which it operates, it strives towards meeting the World Bank and IFC guidelines with respect to environmental management.
Key aspirations in this regard include the following:
Metminco recognises the importance of protecting the Health and Safety of persons involved with, or affected by, its operations. The Company is committed, as a minimum organisational requirement, to comply with all relevant regulatory requirements applicable in the jurisdiction within which it operates.
To effect this, a Safety, Health and Sustainable Development (SHSD) management system is being developed, which continues to evolve to achieve alignment with International Standards Organisation (ISO) standards and International Finance Corporation (IFC) EHS guidelines, whilst allowing flexibility to accommodate those variations that exist between jurisdictions to ensure compliance with local legislation, and to recognise and respect cultural differences. This includes the following:
The SHSD Committee has the responsibility of formulating and recommending the Company’s Policy for Health & Safety to the Board, as well as recommended improvements.
Metminco recognises that a sustainable business process is of primary importance in the creation of sustainable value for all its stakeholders, and is thus committed to the development, implementation and management of internationally recognised standards as regards health, safety, environmental, social, economic and business related issues. Further, the Company has adopted the Global Reporting Initiative Version 3 reporting guideline as the framework for the Company's Social Responsibility programme.
Aspirations in this regard include: