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 manner that is environmentally sound, safe and supports human rights and social justice in Guinea.

Alufer promotes sustainable development and 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 as well as to limit adverse impacts.

Alufer is adopting the IFC Performance Standards along with the Equator Principles as best practice for the Bel Air project. Comprehensive social and environmental impact assessment studies have been conducted and approved by the Guinea government and Alufer received the Environmental Certificate of Conformity in April 2015, which has been renewed annually ever since.

The 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:

 

  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.

Alufer is also committed to ensure ongoing transparency with regard to the use of mining revenue in Guinea. The Company provides all requisite information regarding payments to Government entities in line with the Extractive Industries Transparency Initiative (EITI) requirements.