Responsible Mining Policy

Josemaría Resources Inc. Responsible Mining Development Policy sets out the following commitments:

Environmental Commitment

  • We apply precautionary principle by using suitable planning, impact assessment, and monitoring tools.
  • We design projects to avoid, minimize, mitigate and, if necessary, offset adverse environmental impacts.
  • We incorporate water and energy efficiency in project design, implementation and continuous improvement.
  • We conserve biodiversity and ecosystem services in the regions hosting our projects.

Social Commitment

  • We prioritize the health and safety of employees, contractors and local communities.
  • We respect the human rights of employees, contractors, local communities and Indigenous Peoples.
  • We engage and consult with our key stakeholders as we design and develop our projects.
  • We pursue collaboration and shared-value generation opportunities.

Governance Commitment

  • We conduct ourselves with integrity, transparency and honesty and are accountable to our stakeholders.
  • We meet or exceed the legal requirements where we operate.
  • We follow good international industry practices and recognized sustainability standards.
  • We implement risk management systems commensurate with the development stages of our projects.

To support the implementation of these commitments, we will:

  • Align with international good practice, such as the Equator Principles, the International Finance Corporation’s Performance Standards on Environmental and Social Sustainability, the Argentine Mining Chamber’s Towards Sustainable Mining Program, and EITI.
  • Optimize economic benefits for local communities through working with the Lundin Foundation to build the capacity of the local workforce for employment opportunities and to develop and diversify local businesses, in addition to making all legally required payments to government.
  • Seek out opportunities to collaborate with credible third parties on addressing material environmental issues associated with high Andean projects.
  • Evaluate design options that use green energy, and minimize emissions and other environmental impacts, in line with the World Bank’s Climate-Smart Mining approach.
  • Implement a proactive, systematic, two-way approach to communications and stakeholder engagement.
  • Deploy programs and mechanisms to facilitate company efforts to respect the rights of our workforce and stakeholders in the area of influence of the site – and keep them safe and healthy.

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