Sustainability

Overview

Alufer Mining is dedicated, through effective leadership and commitment, to delivering value for its shareholders and stakeholders by undertaking best practice activities in a matter that is environmentally sound, safe and supports human rights and social justice in Guinea. Alufer promotes sustainable development and is committed to the integration of environmental, health, safety and social considerations in its procedures for project development and operations at all stages.

Alufer is committed to continuously improving the operational performance of the Project, to achieve zero lost time injuries, to establish a culture for safety, productivity, efficiency and flexibility to enhance the Project’s social and environmental benefits in Guinea, and to limit adverse impacts whilst maintaining a high level of environmental, social and heath and safety performance.

Comprehensive Social and Environmental Impact Assessment Studies have been conducted by Alufer and approved by the Guinea government and Alufer received the environmental certificate of conformity in April 2015.

Alufer is adopting the IFC Performance Standards as best practice along with the Equator Principles for the Bel Air project.

IFC’s Performance Standards offer a framework for understanding and managing environmental and social risks for high profile, complex, international or potentially high impact projects. IFC are considered as international best practices to follow.

An IFC compliant SEIA is a planning, decision-making and management process which spans the entire life-cycle of a mining project. It is important to understand that it is not a stand-alone study but a process to minimize project risks and ensure environmental and social impacts are foreseen and addressed at an early stage to prevent negative environmental and/or social issues during construction and production. In addition, and equally important, the SEIA process aims to ensure that opportunities are maximized and benefits are fairly distributed. The actual study is only a small part of the process.

  1. Environmental and Social Assessment and Management System:
  1. Labor and Working Conditions:
  1. Pollution Prevention and Abatement:
  1. Community Health, Safety and Security:
  1. Land Acquisition and Involuntary Resettlement:
  1. Biodiversity Conservation and Sustainable Natural Resource Management:
  1. Indigenous Peoples:
  1. Cultural Heritage:

Work is ongoing to ensure that Alufer achieves full IFC Performance Standard compliance and meets Equator Principles.