(all amounts expressed in U.S. dollars unless
otherwise stated)
MEDELLIN, Colombia,
March 30, 2022 /CNW/ - Mineros S.A.
(TSX: MSA) (CB: MINEROS) ("Mineros" or the "Company") is pleased to
announce that it has published its 2021 Sustainability Report (the
"Report"), which has been prepared in accordance with the Global
Reporting Initiative ("GRI") Standards Core Option including mining
industry-specific indicators incorporated into the GRI Mining and
Metals Sector Supplement. The Report is available on the Company's
website in both English and Spanish at www.mineros.com.co.
Highlights of the Report:
Our commitment to the communities in which we
operate:
- Over $4 million allocated to
initiatives to support local communities in 2021,
- More than 90% of our 2021 workforce hired from local
communities in 2021,
- More than 80% of goods and services purchased from local
suppliers in 2021, and
- No significant disputes with local communities in 2021.
Our commitment to the environment:
- Over $8 million allocated for
environmental management initiatives in 2021, and
- No significant environmental incidents in 2021.
Our commitment to health and safety:
- Continually improving our practices and protocols to maintain a
safe and healthy work environment for all our employees and
contractors,
- Continued ISO 45001 certification at our Nechí Alluvial
Property and Gualcamayo Property, and
- Advancing towards ISO 45001 certification at our Hemco
Property.
Our commitment to strong corporate governance:
- Development of our corporate sustainability strategy in 2021,
which focuses on fostering the positive transformation of the
communities where we operate, defining key performance indicators,
implementing various programs and enhancing monitoring and
reporting systems, and
- Updating our Corporate Sustainability Policy in 2021 to create
a common framework for all of our properties based on the United
Nations Sustainable Development Goals and incorporating
considerations related to climate change.
Our commitment to transparency and human rights:
- No allegations of corruption, discrimination or human rights
violations at any of our operations in 2021.
Andrés Restrepo, President and CEO of Mineros, commented "In
2021, we achieved an important milestone for the Company, the
completion of a dual listing on the Toronto Stock Exchange ("TSX"),
to become the first Colombian-based company to be listed on both
the TSX and Colombia Stock Exchange. Despite being new to the TSX,
Mineros is a well-established Latin American company with a
longstanding commitment to international sustainability standards,
and has been a United Nations Global Compact signatory since 2012.
The Report is our first sustainability report since listing on the
TSX and joining the global marketplace."
"Strong corporate governance and sustainability practices are
fundamental pillars for Mineros and they allow us to create value
for our stakeholders. Under the direction and supervision of the
Corporate Governance and Sustainability Committee, Mineros
continues to successfully implement these fundamental pillars. Over
the last year we have developed our corporate sustainability
strategy and updated our Corporate Sustainability Policy. We
continue to be guided by the United Nations Sustainable Development
Goals, focused on five key areas: social and economic development,
environment, governance, human rights, and health and safety.
Mineros will continue face and overcome challenges and has room to
both grow and improve, but we are confident that we are following
the right path to become a leader in the mining sector with respect
to sustainability." Mr. Restrepo continued.
ABOUT MINEROS S.A.
Mineros is a Latin American gold mining company headquartered in
Medellin, Colombia. The Company
has a diversified asset base, with mines in Colombia, Nicaragua and Argentina and a pipeline of development and
exploration projects throughout the region.
The board of directors and management of Mineros have extensive
experience in mining, corporate development, finance and
sustainability. Mineros has a long track record of maximizing
shareholder value and delivering solid annual dividends. For almost
50 years Mineros has operated with a focus on safety and
sustainability at all its operations.
Mineros' common shares are listed on the Toronto Stock Exchange
under the symbol "MSA", and on the Colombia Stock Exchange under
the symbol "MINEROS".
The Company has been granted an exemption from the individual
voting and majority voting requirements applicable to listed
issuers under TSX policies, on grounds that compliance with such
requirements would constitute a breach of Colombian laws and
regulations which require the directors to be elected on the basis
of a slate of nominees proposed for election pursuant to an
electoral quotient system. For further information, please see the
Company's final prospectus dated November
11, 2021 (the "Final Prospectus"), available on SEDAR at
www.sedar.com
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking information"
(collectively, "forward-looking information") within the
meaning of applicable securities laws. Forward-looking information
may relate to the Company's future financial outlook and
anticipated events or results and may include information regarding
the Company's sustainability strategy, operations, plans and
objectives. Particularly, information regarding the Company's
expectations of future results, performance, achievements,
prospects or opportunities or the markets in which the Company
operates is forward-looking information. In some cases,
forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "targets", "expects",
"budgets", "scheduled", "estimates", "outlook", "forecasts",
"projects", "prospects", "strategy", "intends", "anticipates",
"believes", or variations of such words and phrases or statements
that certain actions, events or results "may", "could", "would",
"might", or "will" occur. In addition, any statements that refer to
expectations, intentions, projections or other characterizations of
future events or circumstances contain forward-looking information.
Statements containing forward-looking information are not
historical facts but instead represent management's expectations,
estimates and projections regarding future events or circumstances.
The forward-looking information contained herein includes, but is
not limited to, future sustainability practices, commitments, and
achievements.
Forward-looking information is necessarily based on a number of
opinions, estimates and assumptions that, while considered by the
Company to be appropriate and reasonable as of the date of this
press release, are subject to known and unknown risks,
uncertainties, assumptions and other factors that may cause the
actual results, level of activity, performance or achievements to
be materially different from those expressed or implied by such
forward-looking information. Such risks and uncertainties include,
but are not limited to, regulatory changes, inadequate
environmental management, changes in climate conditions, accidents
and misconduct, and the factors discussed under "Risk Factors" in
the Final Prospectus, available on SEDAR at www.sedar.com.
If any of these risks or uncertainties materialize, or if the
opinions, estimates or assumptions underlying forward-looking
information prove incorrect, actual results or future events might
vary materially from those anticipated in forward-looking
information. The opinions, estimates or assumptions referred to
above and the risk factors described in the "Risk Factors" section
of the Final Prospectus should be considered carefully.
Although the Company has attempted to identify important risk
factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other
risk factors not presently known to the Company or that the Company
presently believes is not material that could also cause actual
results or future events to differ materially from those expressed
in such forward-looking information. There can be no assurance that
such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in
such information. Accordingly, readers should not place undue
reliance on forward-looking information, which speaks only as of
the date made. Forward-looking information contained in this press
release represents the Company's expectations as of the date of
this press release (or as of the date they are otherwise stated to
be made), and are subject to change after such date. The Company
disclaims any intention or obligation or undertaking to update or
revise any forward-looking information whether as a result of new
information, future events or otherwise, except as required under
applicable securities laws.
SOURCE Mineros S.A.
