G Mining Ventures Corp. (“GMIN” or the “Corporation“) (TSXV: GMIN) (OTCQX: GMINF) is proud to announce the publication of its inaugural Environmental, Social and Governance (“ESG“) Report. The ESG Report provides transparency and outlines progress on the Corporation’s key ESG performance in 2022, and goals and key initiatives for the coming years. 2022 was a transformational year for GMIN, which saw the commencement of construction activities at the Corporation’s flagship Tocantinzinho Gold Project (“TZ” or the “Project“) in the State of Pará, Brazil. As a result, data used in this ESG report are from TZ, from January 1 to December 31, 2022.
In conjunction with the release of the ESG Report, GMIN is pleased to announce the internal promotion of Eduardo Leão to Vice President, Sustainability.
See related article: https://esgnews.com/gerdau-to-invest-667-million-in-sustainable-mining-platform/
Louis-Pierre Gignac, President & Chief Executive Officer, commented: “I am excited to present our inaugural ESG Report and welcome Eduardo Leão in his new role as Vice President, Sustainability for G Mining Ventures. Our commitment to sustainable mining practices is unwavering. Our inaugural ESG Report showcases the progress we have made so far and provides direction on planned initiatives for the future. With Eduardo’s appointment, we are further strengthening our sustainability efforts, ensuring that environmental stewardship, social responsibility, and strong governance practices are integral to our business. I am proud of our team’s efforts as we continue to challenge ourselves to be a leader in responsible mining.”
Publication of Inaugural Environmental, Social and Governance Report for GMIN
GMIN’s 2022 ESG Report highlights the significant progress achieved by the Corporation during calendar 2022, including:
- Biodiversity: Flora collection and fauna rescue-relocation operations are conducted to minimize the impact of vegetation suppression;
- Powerline Construction: Construction of a 190 km powerline started in 2022 to connect TZ to the national grid, which is primarily supplied by clean renewable energy sources. It will lower CO₂ emissions associated with gold production from TZ; and
- Tailings and Water Management: The design of tailings dams adheres to both Brazilian and Canadian regulations, among the most stringent in the world. A comprehensive water management plan has been implemented to prioritize reuse of water and minimize consumption from rivers.
- Health and Safety: 666,644 person-hours worked and 0 lost time incidents (LTI) in 2022;
- Diversity and Inclusion: At the end of 2022, female representation stood at 40%, 22% and 14% in executive positions, at the board level and in the total workforce, respectively;
- Community Relations: Contributions to community social programs totaled $375,000; and
- Social and Economic Development: 61% of the workforce came from local communities; 25% of the project spending was within the state of Pará.
- Business Ethic and Transparency: Establishment of a robust governance framework to promote ethical conduct and responsible decision-making. Emphasis on transparency, compliance, and risk management across all levels of the organization;
- Compliance and Regulation: Receipt and/or renewal of all required licenses and permits for construction commencement. Zero non-compliance with laws and regulations; and
- Implementation of GOAT Risk: a dedicated risk management software.
In conjunction with the release of the ESG Report, GMIN is pleased to announce the internal promotion of Eduardo Leão to Vice President, Sustainability. Mr. Leão initially joined the Corporation as Manager, Sustainability in 2022, and has been instrumental in advancing the permitting efforts required to progress the Project into construction. With an extensive background in sustainable development and a deep understanding of the mining industry, Mr. Leão will play a pivotal role in driving GMIN’s corporate sustainability strategy forward. As a highly respected expert in the field, he will oversee the implementation of sustainable practices, stakeholder engagement, and the integration of ESG considerations across the Corporation’s operations.
Mr. Leão holds a Master’s in Geology and Earth Sciences from Federal University of Para and an MBA from Dom Cabral Foundation (Brazil). Mr. Leão has over 15 years of experience in mining, environmental management, strategic planning, risk and crisis analysis, environmental projects and local development. Mr. Leão has extensive experience in Brazil, in both the public and private sectors, having previously held the position as Director of the National Mining Agency (ANM), Executive Secretary of Economic Development, Mining and Energy of the State of Pará, and progressively senior positions at Vale and various consultancies.