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| Published on June 5, 2023 | ||||||||||||||||||||||||
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This ESG Report and Scorecard is for the year ending December 31, 2022. Bear Creek Mining Corporation acquired the Mercedes gold mine in Sonora, Mexico on April 21, 2022. This report encompasses both the Mercedes gold mine and the Corani silver-lead-zinc project in southern Peru. Bear Creek Mining places significant importance on social responsibility, environmental stewardship, and good governance and is pleased to commence formal reporting of its performance in these areas. |
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| Disclaimer and Forward Looking Statements | ||||||||||||||||||||||||
| Company Profile | ||||||||||||||||||||||||
| Organizational Profile | ||||||||||||||||||||||||
| Name | Bear Creek Mining Corporation | |||||||||||||||||||||||
| Describe nature of activities, brands, products and services |
Bear Creek Mining Corporation is a precious metals producer with a world-class development asset. Our Mercedes mine in Sonora, Mexico, acquired in April 2022, is a cash flow generating gold mine with operational upside, a strong track record of reserve replacement and exciting blue sky exploration potential. |
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Our wholly owned Corani silver-lead-zinc deposit in Puno, Peru is one of the largest fully permitted silver deposits in the world and is highlighted by its substantial reserves and resources, overwhelming community support, 15-year mine life and low anticipated All-In- Sustaining Costs. Bear Creek's executives and directors have a substantial breadth and depth of experience discovering, advancing, financing, developing, constructing and operating mines in Latin America and we are committed to excellence in project execution, financial rigor, social responsibility, environmental stewardship and good governance. |
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| Link to Corporate Website | https://bearcreekmining.com/ | |||||||||||||||||||||||
| Industry Classification |
NAICS: 21222 Gold and silver ore mining |
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| Market Capitalization | $100 Million up to $1 Billion USD | |||||||||||||||||||||||
| Type of Operations | Primarily production oriented | |||||||||||||||||||||||
| Company Headquarters | Vancouver, Canada | |||||||||||||||||||||||
| ESG Accountability | ||||||||||||||||||||||||
| Role and Name of highest authority within company for Environment, Social and Governance strategy, programs and performance | Anthony Hawkshaw, CEO | |||||||||||||||||||||||
| ESG Reporting Period | ||||||||||||||||||||||||
| Unless otherwise noted, all data contained in this report covers the following period | ||||||||||||||||||||||||
| From | 2022-01-01 | |||||||||||||||||||||||
| To | 2022-12-31 | |||||||||||||||||||||||
| Audit Status | ||||||||||||||||||||||||
| Identify the degree to which any inputs of the report are third-party checked | Self-Declared | |||||||||||||||||||||||
| Financial Reporting Period | ||||||||||||||||||||||||
| Specify the frequency of sustainability reporting | Annually | |||||||||||||||||||||||
| Whether Financial reporting period aligns with the period for its sustainability reporting | Yes | |||||||||||||||||||||||
| Specify the contact point for questions about the report or reported information | Barbara Henderson | |||||||||||||||||||||||
| Geographic Scope of Report | ||||||||||||||||||||||||
| Unless otherwise noted, the data in this report covers ESG matters related to the following countries of operations |
• Mexico • Peru |
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| Geographic Scope of Assets | ||||||||||||||||||||||||
| Identify notable exclusions, and reference any existing or planned reports that do or will address these (e.g, assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.) |
Bear Creek has title to the Tassa property in Peru, the La Espera gold property in Mexico, and the El Limon property in Mexico. These properties are early-stage exploration properties that the Company did not actively explore in the year ended December 31, 2022. Accordingly, the Tassa, La Espera, and El Limon properties are not included in this report. |
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| Fragile and Conflict-Affected Situations | ||||||||||||||||||||||||
| Identify all of the entity's countries of operations that align with the World Bank's list of "Fragile and Conflict-Affected Situations" | None | |||||||||||||||||||||||
| Business Operations Scope of Report | ||||||||||||||||||||||||
| Identify notable exclusions, and reference any existing or planned reports that do or will address these (e.g, assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.) |
This report addresses Bear Creek Mining's two material assets: 1) the Mercedes gold mining operation located in Sonora, Mexico, which the Company acquired on April 21, 2022. 2) the Corani silver-lead-zinc development- stage project located in Puno, Peru. |
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| Mineral Resource Types in Scope | ||||||||||||||||||||||||
| Which of the following mineral resource types are covered by this report |
• Inferred • Indicated • Measured |
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| Mineral Reserve Types in Scope | ||||||||||||||||||||||||
| Which of the following mineral reserve types are covered by this report |
• Proven • Probable |
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| Currency | ||||||||||||||||||||||||
| Unless otherwise noted, all financial figures referenced in this report are in the following currency | USD | |||||||||||||||||||||||
| Raw Material Produced | ||||||||||||||||||||||||
| Identify the total amount of each raw material produced | 5.662 | |||||||||||||||||||||||
| Fossil Fuel | 0.000 | |||||||||||||||||||||||
| Nuclear Fuel | 0.000 | |||||||||||||||||||||||
| Gemstones | 0.000 | |||||||||||||||||||||||
| Metals | 5.662 | |||||||||||||||||||||||
| Gold (Au) (tonne) | 1.344 | |||||||||||||||||||||||
| Silver (Ag) (tonne) | 4.318 | |||||||||||||||||||||||
| Aggregate | 0.000 | |||||||||||||||||||||||
| Organizational Profile | ||||||||||||||||||||||||
| Provide a list of externally-developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes, or which it endorses, e.g., GRI, UN Global Compact |
We have aligned ourselves with GRI, GRI Metals and Mining Supplement, SASB, UN Global Compact, CDP, and the IFC Performance Standards. |
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| Strategy | ||||||||||||||||||||||||
| Provide a description of key impacts, risks, and opportunities, |
Bear Creek Mining's key Sustainability impacts, risks, and opportunities include: |
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1. the economic benefits to stakeholders of the Company's Mercedes Mine operations, 2. development of economic diversification opportunities in the Corani region that are not reliant on planned future mining operations 3. risks related to social acceptance of mineral exploration and mining activities 4. environmental risks typical of mining operations Additional information related to Bear Creek Mining's risks and uncertainties and activities at the Company's Mercedes and Corani projects in 2022 is available in the Company's Annual Information Form for the year ended December 31, 2022, attached below. |
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| Annual Information Form for the year ended December 31, 2022 | ||||||||||||||||||||||||
| Provide a statement from the highest governance body or most senior executive of the organization (i.e., CEO, chair, or equivalent senior position) about the relevance of sustainable development to the organization and its strategy for for contributing to sustainable development. (CEO's message for this report) |
Please see attached Message from the CEO of Bear Creek Mining Corporation. |
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| Sustainability Message from the CEO of Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Policy commitments | ||||||||||||||||||||||||
| Provide a description of the organization’s policy commitments for responsible business conduct |
Bear Creek has adopted policies that underscore its commitment to high standards in the conduct of its business and that of its employees. These include a Code of Business Conduct and Ethics, a Whistleblower Policy, and an Anti-bribery and Anti-Corruption Policy. These policies are attached herein and are available on the Company's website. |
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In 2022 Bear Creek Mining's Board of Directors reviewed and updated its corporate governance policies (including the policies attached herein), committee charters, and terms of reference to ensure they aligned with current governance best practices. |
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| Code of Business Conduct and Ethics | Whistleblower Policy | Anti-Bribery and Anti-Corruption Policy | ||||||||||||||||||||||
| What are (if any) the authoritative intergovernmental instruments that the commitments reference |
Bear Creek Mining's Code of Business Conduct and Ethics, Whistleblower Policy, and Anti- Bribery and Anti-Corruption Policy were developed on the basis of best practices in corporate governance at the time of their approval and adoption by the Board of Directors. These policies do not reference external intergovernmental instruments. |
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| Do the commitments stipulate conducting due diligence |
The policies referenced above, adopted by the Company to establish best practice in responsible business conduct, provide for an anonymous reporting mechanism and board oversight of both the policies and any matters raised in respect of the policies. The policies do not stipulate any due diligence requirements by the Board of Directors or any of the parties to whom the policies apply. |
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| Do the commitments stipulate applying the Precautionary Principle or Approach | No | |||||||||||||||||||||||
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The Company's Code of Business Conduct and Ethics, Whistleblower Policy and Anti-Bribery and Anti-Corruption Policy do not stipulate application of the Precautionary Principle, however, they contain guidelines and mechanisms that have the intended effect of preventing irresponsible or illegal acts or actions that would contravene the policy. |
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| Do the commitments stipulate respecting human rights | No | |||||||||||||||||||||||
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The Code of Business Conduct and Ethics, while not overtly stipulating respect for human rights, requires covered persons to deal fairly with the Company’s customers, suppliers, competitors and other employees in a business- like manner, free from discriminatory or harassing practices; to maintain a work environment free of discrimination, harassment and violence; and to maintain a work environment that is safe and healthy. |
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| Describe the specific policy commitment to respect human rights |
Bear Creek has not adopted a formal corporate policy related to human rights at this time. The Company, however, conducts its business and operations with the utmost respect for the ancestral traditions, customs, and human rights of members of the communities affected by its operations and of all of its employees. |
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| What are (if any) the internationally recognized human rights that the commitment covers |
The policies described above do not reference any international human rights declarations. |
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| What are the categories of stakeholders, including at-risk or vulnerable groups, that the organization gives particular attention to in the commitment |
The policies described above do not reference any at-risk or vulnerable groups. |
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| Provide links to the policy commitments, if publicly available, or, if the policy commitments are not publicly available, explain the reason for this |
The Company's Code of Business Conduct and Ethics, Whistleblower Policy and Anti-Bribery and Anti-Corruption Policy are provided above, and are available on the Company's website. |
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| Report the level at which each policy commitment was approved within the organization, including whether this is the most senior level |
The Code of Business Conduct and Ethics, Whistleblower Policy and Anti-Bribery and Anti-Corruption Policy were most recently updated and approved by the Board of Directors on August 29, 2022. |
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| To what extent the policy commitments apply to the organization’s activities and to its business relationships |
The policies named above apply to the Company's directors, officers, management, employees (full time, part-time, temporary and contract), consultants, and third parties working on behalf of the Company. |
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| Describe how the policy commitments are communicated to workers, business partners, and other relevant parties |
Persons covered by the policies named above are provided with a copy of the policies upon their initial engagement and are required to sign an acknowledgement form indicating they have received, read and understand their rights and responsibilities under the policies, are in compliance with the provisions of the policies, and will abide by the policies. |
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| Embedding policy commitments | ||||||||||||||||||||||||
| Describe how the organization embeds each of its policy commitments for responsible business conduct throughout its activities and business relationships |
Bear Creek provides its employees, contractors, management, officers and directors with copies of its Code of Business Conduct and Ethics, Whistleblower Policy, and Anti-Bribery and Anti Corruption Policy and makes these documents available on its website. Adherence to these policies by all covered persons is managed through the Company's reporting structure and managerial oversight. Additionally, the Company has established a protocol for the anonymous reporting of any observed or suspected contraventions of its policies related to ethics and conduct through its establishment of a Whistleblower Policy. |
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| How are responsibilities allocated in order to implement the commitments across different levels within the organization |
The Company relies on its managerial reporting structure to monitor the conduct of persons covered by its Code of Business Conduct and Ethics, Whistleblower Policy, and Anti-Bribery and Anti Corruption Policy. Matters unable to be addressed by a direct supervisor, or matters of a serious nature, are escalated to a higher managerial level, and ultimately to the Board of Directors. |
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| How are the commitments integrated into organizational strategies, operational policies, and operational procedures |
Integration of the Company's commitments to ethical business conduct into its operations is described elsewhere in this section. |
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| How does the organization implement its commitments with and through its business relationships |
The Company's Code of Business Conduct and Ethics, Whistleblower Policy, and Anti-Bribery and Anti Corruption Policy apply to consultants and contractors. |
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| What implementation training does the organization provide |
The Company provides periodic training to employees regarding ethics and business conduct. |
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| Material Topics | ||||||||||||||||||||||||
| Governance of Material Topics | ||||||||||||||||||||||||
| Describe the process followed to determine the organization's material topics, including: | ||||||||||||||||||||||||
| i. How has the organization identified actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights, across its activities and business relationships; provide details |
• Economic impact assessment • Environmental impact assessment • Social impact assessment • Civil society organizations |
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| ii. How has the organization prioritized the impacts for reporting based on their significance |
Bear Creek Mining does not have a formal process for identifying or prioritizing material topics or their economic, environmental, or social impacts. The Company relies on the substantial experience of its directors and management related to mining operations, exploration, development, construction, finance, community relations, and environmental issues to identify and assess matters that may have a material impact on the Company's business, operations and financial condition. When possible, the Company addresses impacts if, as, and when they occur, and seeks ways to mitigate any negative impacts before they occur. |
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| Specify the stakeholders and experts whose views have informed the process of determining its material topics and provide details |
• Employees and other workers • Governments • Local communities • Shareholders and other capital providers |
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| List the organization's material topics |
• Anti-corruption • Closure Planning • Communications • Compliance • Diversity and Equal Opportunity • Economic Performance • Effluents and Waste • Employment • Environmental Assessment • Labor/Management Relations • Local Communities • Market Presence • Materials • Occupational Health and Safety • Overall environmental • Permitting • Supplier • Water |
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The topics listed herein are generally accepted to be material to companies engaged in mineral exploration, development and production and therefore generally and specifically apply to the Company. The Board of Bear Creek Mining has not undertaken a formal material topic assessment as of December 31, 2022. The Company is planning to undertake a materiality assessment and a Board process for identifying material topics and risks in the coming year. |
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| List the organization's non-material topics | Information Unavailable | |||||||||||||||||||||||
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The Company has not undertaken a formal materiality assessment as of December 31, 2022 but plans to do so in the coming year. Topics widely accepted to be material to companies involved in mineral exploration and mining, and which generally and specifically apply to the Company, are identified above. The Company has not assessed any particular topic area as non-material. |
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| Provide reason for considering such topics not material, provide details | Information unavailable/Incomplete | |||||||||||||||||||||||
| Report changes to the list of material topics compared to the previous reporting period | Does not apply | |||||||||||||||||||||||
| Environment | ||||||||||||||||||||||||
| General Disclosure - Mercedes Mine | ||||||||||||||||||||||||
| Compliance with laws and regulations | ||||||||||||||||||||||||
| Report the total number of significant instances of non-compliance with laws and regulations during the reporting period, and a breakdown of this total by: | 0 | |||||||||||||||||||||||
| Number of instances for which fines were incurred | 0 | |||||||||||||||||||||||
| Number of instances for which non-monetary sanctions were incurred | 0 | |||||||||||||||||||||||
| Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period | 0 | |||||||||||||||||||||||
| Report the monetary value of fines for instances of noncompliance with laws and regulations that were paid during the reporting period ($Million) | 0 | |||||||||||||||||||||||
| Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period | 0 | |||||||||||||||||||||||
| Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million) | 0 | |||||||||||||||||||||||
| Total number of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods | 0 | |||||||||||||||||||||||
| Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods | 0 | |||||||||||||||||||||||
| Describe the significant instances of non-compliance |
There were no significant instances of non- compliance at Mercedes during 2022. The Mercedes Mine operates in compliance with all environmental laws and regulations applicable to it and the Company's subsidiary that operates the Mercedes Mine complies with all relevant obligations and commitments of the authorized projects. |
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| General Disclosure - Corani Project | ||||||||||||||||||||||||
| Compliance with laws and regulations | ||||||||||||||||||||||||
| Report the total number of significant instances of non-compliance with laws and regulations during the reporting period, and a breakdown of this total by: | 0 | |||||||||||||||||||||||
| Number of instances for which fines were incurred | 0 | |||||||||||||||||||||||
| Number of instances for which non-monetary sanctions were incurred | 0 | |||||||||||||||||||||||
| Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period | 0 | |||||||||||||||||||||||
| Report the monetary value of fines for instances of noncompliance with laws and regulations that were paid during the reporting period ($Million) | 0 | |||||||||||||||||||||||
| Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period | 0 | |||||||||||||||||||||||
| Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million) | 0 | |||||||||||||||||||||||
| Total number of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods | 0 | |||||||||||||||||||||||
| Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods | 0 | |||||||||||||||||||||||
| Describe the significant instances of non-compliance |
There were no significant instances of non- compliance at Corani during 2022. The Corani project has complied with all environmental laws and/or regulations applicable to the project. |
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| General Disclosure - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Compliance with laws and regulations | ||||||||||||||||||||||||
| Report the total number of significant instances of non-compliance with laws and regulations during the reporting period, and a breakdown of this total by: | 0 | |||||||||||||||||||||||
| Number of instances for which fines were incurred | 0 | |||||||||||||||||||||||
| Number of instances for which non-monetary sanctions were incurred | 0 | |||||||||||||||||||||||
| Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period | 0 | |||||||||||||||||||||||
| Report the monetary value of fines for instances of noncompliance with laws and regulations that were paid during the reporting period ($Million) | 0 | |||||||||||||||||||||||
| Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period | 0 | |||||||||||||||||||||||
| Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million) | 0 | |||||||||||||||||||||||
| Total number of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods | 0 | |||||||||||||||||||||||
| Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods | 0 | |||||||||||||||||||||||
| Describe the significant instances of non-compliance |
In 2022, Bear Creek Mining was in compliance with all applicable environmental laws and/or regulations. Bear Creek Mining complies with all environmental laws and regulations in the jurisdictions in which it operates. |
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| Greenhouse Gas Emissions - Mercedes Mine | ||||||||||||||||||||||||
| Scope 1 | ||||||||||||||||||||||||
| For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e) | ||||||||||||||||||||||||
| Carbon dioxide (CO₂) (tonne CO₂-e) | 55,154.306 | |||||||||||||||||||||||
| Methane (CH₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Nitrous oxide (N₂O) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Sulphur hexafluoride (SF₆) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Nitrogen trifluoride (NF₃) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluoromethane (CF₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluoroethane (C₂F₆) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluorobutane (C₄F₁₀) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluorohexane (C₆F₁₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) | 55,154.306 | |||||||||||||||||||||||
| The percentage of its gross global Scope 1 GHG emissions that are covered under an emissions-limiting regulation or program that is intended to directly limit or reduce emissions, such as cap-and-trade schemes, carbon tax/fee systems, and other emissions control (e.g., command-and-control approach) and permit-based mechanisms | 0.0000% | |||||||||||||||||||||||
| The entity shall discuss its long-term and short-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions |
The Mercedes mine reports its GHG emissions annual, as required by the Mexican Annual Operation License (COA). This reporting allows the Company to monitor its GHG emissions. |
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| Greenhouse Gas Emissions - Corani Project | ||||||||||||||||||||||||
| Scope 1 | ||||||||||||||||||||||||
| For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e) | ||||||||||||||||||||||||
| Carbon dioxide (CO₂) (tonne CO₂-e) | 131.718 | |||||||||||||||||||||||
| Methane (CH₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Nitrous oxide (N₂O) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Sulphur hexafluoride (SF₆) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Nitrogen trifluoride (NF₃) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluoromethane (CF₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluoroethane (C₂F₆) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluorobutane (C₄F₁₀) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluorohexane (C₆F₁₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) | 131.718 | |||||||||||||||||||||||
| The percentage of its gross global Scope 1 GHG emissions that are covered under an emissions-limiting regulation or program that is intended to directly limit or reduce emissions, such as cap-and-trade schemes, carbon tax/fee systems, and other emissions control (e.g., command-and-control approach) and permit-based mechanisms | 0.0000% | |||||||||||||||||||||||
| The entity shall discuss its long-term and short-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions |
The Company is still developing the detailed engineering of the Corani project and provisions are being made to use the best feasible technology in the operation designs. Likewise, estimates of the GHG emissions that would be generated during the construction and operation stages of the Corani project have been undertaken to identify opportunities to reduce anticipated GHG emissions. |
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| Greenhouse Gas Emissions - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Scope 1 | ||||||||||||||||||||||||
| For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e) | ||||||||||||||||||||||||
| Carbon dioxide (CO₂) (tonne CO₂-e) | 55,286.024 | |||||||||||||||||||||||
| Methane (CH₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Nitrous oxide (N₂O) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Sulphur hexafluoride (SF₆) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Nitrogen trifluoride (NF₃) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluoromethane (CF₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluoroethane (C₂F₆) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluorobutane (C₄F₁₀) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| Perfluorohexane (C₆F₁₄) (tonne CO₂-e) | 0.000 | |||||||||||||||||||||||
| The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) | 55,286.024 | |||||||||||||||||||||||
| The percentage of its gross global Scope 1 GHG emissions that are covered under an emissions-limiting regulation or program that is intended to directly limit or reduce emissions, such as cap-and-trade schemes, carbon tax/fee systems, and other emissions control (e.g., command-and-control approach) and permit-based mechanisms | 0.0000% | |||||||||||||||||||||||
| The entity shall discuss its long-term and short-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions |
Strategies to manage Scope 1 GHG emissions are developed and implemented at the Company's operations. The Company does not have a corporate-level strategy to manage its Scope 1 GHG emissions. |
|||||||||||||||||||||||
| Carbon Offset | ||||||||||||||||||||||||
| Credits | ||||||||||||||||||||||||
| How much CO₂ (metric tonnes) offset credits were purchased? | 0.000 | |||||||||||||||||||||||
|
The Company has not purchased carbon offset credits. |
||||||||||||||||||||||||
| Air Emissions - Mercedes Mine | ||||||||||||||||||||||||
| Report emissions of air pollutants that are released into the atmosphere | ||||||||||||||||||||||||
| Emissions of carbon monoxide, reported as CO (tonne) | 3,264.940 | |||||||||||||||||||||||
| Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) | 10,310.360 | |||||||||||||||||||||||
| Emissions of oxides of sulphur (SOx), reported as SOx (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) | 0.000 | |||||||||||||||||||||||
|
At the Mercedes Mine, we monitor PM10 particles once a year in the crushing areas. In 2022 we reported 35 µg/m3, which converts to .000000001295 Tons. |
||||||||||||||||||||||||
| Emissions of lead and lead compounds, reported as Pb (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of mercury and mercury compounds, reported as Hg (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) | 0.000 | |||||||||||||||||||||||
| Air Emissions - Corani Project | ||||||||||||||||||||||||
| Report emissions of air pollutants that are released into the atmosphere | ||||||||||||||||||||||||
| Emissions of carbon monoxide, reported as CO (tonne) | 0.000 | |||||||||||||||||||||||
|
As the Corani Project is not in production and no exploration activities were undertaken on site during 2022, air emissions for 2022 were not calculated and in any event are estimated to be minimal. The Company is not required to report air emissions to Peruvian authorities at this stage of its development. When construction of the Corani mine starts, the Company will calculate air emissions. At this time, the Corani Project undertakes air monitoring at two points located in the communities of Chacaconiza and Quelcaya. These programs have been approved by the Authority as part of the Company's baseline air monitoring. |
||||||||||||||||||||||||
| Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of oxides of sulphur (SOx), reported as SOx (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of lead and lead compounds, reported as Pb (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of mercury and mercury compounds, reported as Hg (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) | 0.000 | |||||||||||||||||||||||
| Air Emissions - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Report emissions of air pollutants that are released into the atmosphere | ||||||||||||||||||||||||
| Emissions of carbon monoxide, reported as CO (tonne) | 3,264.940 | |||||||||||||||||||||||
| Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) | 10,310.360 | |||||||||||||||||||||||
| Emissions of oxides of sulphur (SOx), reported as SOx (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of lead and lead compounds, reported as Pb (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of mercury and mercury compounds, reported as Hg (tonne) | 0.000 | |||||||||||||||||||||||
| Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) | 0.000 | |||||||||||||||||||||||
| Energy Management - Mercedes Mine | ||||||||||||||||||||||||
| Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) | 229,846.820 | |||||||||||||||||||||||
| Percentage energy consumed that was supplied by grid electricity | 99.9880% | |||||||||||||||||||||||
| Percentage of energy consumed that is renewable energy | 0.0000% | |||||||||||||||||||||||
| Energy Management - Corani Project | ||||||||||||||||||||||||
| Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) | 960.680 | |||||||||||||||||||||||
| Percentage energy consumed that was supplied by grid electricity | 0.0000% | |||||||||||||||||||||||
|
The Corani Project is still developing the detailed engineering of the project. Likewise, it is in early works of construction stage. |
||||||||||||||||||||||||
| Percentage of energy consumed that is renewable energy | 0.0000% | |||||||||||||||||||||||
| Energy Management - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) | 230,807.500 | |||||||||||||||||||||||
| Percentage energy consumed that was supplied by grid electricity | 99.5718% | |||||||||||||||||||||||
| Percentage of energy consumed that is renewable energy | 0.0000% | |||||||||||||||||||||||
| Water - Mercedes Mine | ||||||||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||
| Proportion of water reused and recycled by the site to reduce the overall consumptive water demand | 47.9108% | |||||||||||||||||||||||
| Intensity | ||||||||||||||||||||||||
| Total volume of water consumed per tonne/unit of material moved, ore mined, ore processed | 0.0177% | |||||||||||||||||||||||
| Water - Corani Project | ||||||||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||
| Proportion of water reused and recycled by the site to reduce the overall consumptive water demand | 0.0000% | |||||||||||||||||||||||
| Intensity | ||||||||||||||||||||||||
| Total volume of water consumed per tonne/unit of material moved, ore mined, ore processed | Does Not Apply | |||||||||||||||||||||||
| The Corani Project is not in operation. | ||||||||||||||||||||||||
| Water - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Efficiency | ||||||||||||||||||||||||
| Proportion of water reused and recycled by the site to reduce the overall consumptive water demand | 47.7563% | |||||||||||||||||||||||
| Intensity | ||||||||||||||||||||||||
| Total volume of water consumed per tonne/unit of material moved, ore mined, ore processed | 0.0177% | |||||||||||||||||||||||
| Water - Mercedes Mine | ||||||||||||||||||||||||
| Water Management | ||||||||||||||||||||||||
| Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) | 407.820 | |||||||||||||||||||||||
|
The Mexican National Water Commission (CONAGUA) publishes classifications of water stress for the water catchment areas and aquifers of the country ranging from Zone 1 (areas of highest water stress/lowest availability) to Zone 4 (areas of lowest water stress / highest availability). The Mercedes mine is located in a region that was classified as "Zone 2" by CONAGUA in 2021. The Mercedes mine is investigating opportunities to increase the amount of water it currently obtains from recycling of wastewater at the site (which provides approximately 1/3 of its annual water usage) to reduce the amount of water withdrawn from freshwater sources. |
||||||||||||||||||||||||
| Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn | 100.0000% | |||||||||||||||||||||||
| Disclose water withdrawn in locations with High or Extremely High Baseline Water Stress (in thousands of cubic meters) | 407.820 | |||||||||||||||||||||||
| Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed | 67.4964% | |||||||||||||||||||||||
| Disclose the amount of water that was consumed in its operations (in thousands of cubic meters) | 604.210 | |||||||||||||||||||||||
| Total water consumed in locations with high or extremely high baseline water stress (in thousands of cubic meters) | 407.820 | |||||||||||||||||||||||
| Water - Corani Project | ||||||||||||||||||||||||
| Water Management | ||||||||||||||||||||||||
| Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) | 1.270 | |||||||||||||||||||||||
|
The Company did not have production from or conduct water-consuming exploration activities such as drilling at the Corani Project in 2022. |
||||||||||||||||||||||||
| Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn | 0.0000% | |||||||||||||||||||||||
| Disclose water withdrawn in locations with High or Extremely High Baseline Water Stress (in thousands of cubic meters) | 0.000 | |||||||||||||||||||||||
| Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed | Does Not Apply | |||||||||||||||||||||||
| Disclose the amount of water that was consumed in its operations (in thousands of cubic meters) | 0.000 | |||||||||||||||||||||||
| Total water consumed in locations with high or extremely high baseline water stress (in thousands of cubic meters) | 0.000 | |||||||||||||||||||||||
| Water - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Water Management | ||||||||||||||||||||||||
| Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) | 409.090 | |||||||||||||||||||||||
| Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn | 99.6896% | |||||||||||||||||||||||
| Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed | 67.4964% | |||||||||||||||||||||||
| Disclose the amount of water that was consumed in its operations (in thousands of cubic meters) | 604.210 | |||||||||||||||||||||||
|
The Company did not have production from or conduct water-consuming exploration activities such as drilling at the Corani Project in 2022. |
||||||||||||||||||||||||
| Water - Mercedes Mine | ||||||||||||||||||||||||
| Water Management | ||||||||||||||||||||||||
| Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations | No | |||||||||||||||||||||||
| Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards | 0 | |||||||||||||||||||||||
| Water - Corani Project | ||||||||||||||||||||||||
| Water Management | ||||||||||||||||||||||||
| Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations | No | |||||||||||||||||||||||
| Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards | 0 | |||||||||||||||||||||||
| Water - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Water Management | ||||||||||||||||||||||||
| Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations | No | |||||||||||||||||||||||
| Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards | 0 | |||||||||||||||||||||||
| Waste Management - Mercedes Mine | ||||||||||||||||||||||||
| Disclose the total amount of non-mineral waste generated (tonne) | 513.350 | |||||||||||||||||||||||
| Disclose the total weight of tailings produced (tonne) | 923,178.000 | |||||||||||||||||||||||
| Disclose the total amount of waste rock generated (tonne) | 179,127.000 | |||||||||||||||||||||||
| Disclose the total amount of overburden removed (tonne) | 0.000 | |||||||||||||||||||||||
| Disclose the total weight of waste generated that was hazardous (tonne) | 210.680 | |||||||||||||||||||||||
| Disclose the total weight of hazardous waste generated that was recycled (tonne) | 69.530 | |||||||||||||||||||||||
| Disclose the total number of significant incidents associated with handling, storage, transportation, or disposal of hazardous materials used in mineral processing activities and hazardous waste generated | 0 | |||||||||||||||||||||||
| Waste Management - Corani Project | ||||||||||||||||||||||||
| Disclose the total amount of non-mineral waste generated (tonne) | 0.000 | |||||||||||||||||||||||
|
To date, the Corani Project is not an operating mine, so it has not generated non-mineral waste. |
||||||||||||||||||||||||
| Disclose the total weight of tailings produced (tonne) | 0.000 | |||||||||||||||||||||||
|
To date, the Corani Project is not an operating mine, so it has not produced tailings. |
||||||||||||||||||||||||
| Disclose the total amount of waste rock generated (tonne) | 0.000 | |||||||||||||||||||||||
|
To date, the Corani Project is not an operating mine, so it has not generated waste rock. |
||||||||||||||||||||||||
| Disclose the total amount of overburden removed (tonne) | 0.000 | |||||||||||||||||||||||
|
To date, the Corani Project is not an operating mine, so it has not removed any overburden. |
||||||||||||||||||||||||
| Disclose the total weight of waste generated that was hazardous (tonne) | 0.000 | |||||||||||||||||||||||
|
To date, the Corani Project is not an operating mine, so it has not generated hazardous waste. |
||||||||||||||||||||||||
| Disclose the total weight of hazardous waste generated that was recycled (tonne) | 0.000 | |||||||||||||||||||||||
|
To date, the Corani Project is not an operating mine, so it has not recycled any waste. |
||||||||||||||||||||||||
| Disclose the total number of significant incidents associated with handling, storage, transportation, or disposal of hazardous materials used in mineral processing activities and hazardous waste generated | 0 | |||||||||||||||||||||||
| Waste Management - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Disclose the total amount of non-mineral waste generated (tonne) | 513.350 | |||||||||||||||||||||||
| Disclose the total weight of tailings produced (tonne) | 923,178.000 | |||||||||||||||||||||||
| Disclose the total amount of waste rock generated (tonne) | 179,127.000 | |||||||||||||||||||||||
| Disclose the total amount of overburden removed (tonne) | 0.000 | |||||||||||||||||||||||
| Disclose the total weight of waste generated that was hazardous (tonne) | 210.680 | |||||||||||||||||||||||
| Disclose the total weight of hazardous waste generated that was recycled (tonne) | 69.530 | |||||||||||||||||||||||
| Disclose the total number of significant incidents associated with handling, storage, transportation, or disposal of hazardous materials used in mineral processing activities and hazardous waste generated | 0 | |||||||||||||||||||||||
| Waste Management - Mercedes Mine | ||||||||||||||||||||||||
| Tailings Storage Facilities Management | ||||||||||||||||||||||||
| Does your company manage Tailings Storage Facilities | Yes | |||||||||||||||||||||||
| Provide an inventory of all talings storage facilities (TSFs) | ||||||||||||||||||||||||
| TSF #1: (1) facility name | Presa de Jales 1 | |||||||||||||||||||||||
| TSF #1: (2) location | Mexico | |||||||||||||||||||||||
| TSF #1: (3) ownership status | Mercedes Mine | |||||||||||||||||||||||
| TSF #1: (4) operational status | Out of Operation | |||||||||||||||||||||||
| TSF #1: (5) construction method | Downstream | |||||||||||||||||||||||
| TSF #1: (6) maximum permitted storage capacity | 2,735,044.000 | |||||||||||||||||||||||
| TSF #1: (7) current amount of tailings stored | 2,631,093.000 | |||||||||||||||||||||||
| TSF #1: (8) consequence classification | Low | |||||||||||||||||||||||
| TSF #1: (9) date of most recent independent technical review | 2020-01-29 | |||||||||||||||||||||||
| TSF #1: (10) material findings | No | |||||||||||||||||||||||
| TSF #1: (11) mitigation measures |
The Mercedes Mine conducts daily site inspections, and monthly monitoring through piezometers and inclinometers to ensure the structural integrity of the TSF. |
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| TSF #1: (12) site-specific EPRP | Yes | |||||||||||||||||||||||
| TSF #2: (1) facility name | Presa de Jales 2 | |||||||||||||||||||||||
| TSF #2: (2) location | Mexico | |||||||||||||||||||||||
| TSF #2: (3) ownership status | Mercedes Mine | |||||||||||||||||||||||
| TSF #2: (4) operational status | Operational | |||||||||||||||||||||||
| TSF #2: (5) construction method | Downstream | |||||||||||||||||||||||
| TSF #2: (6) maximum permitted storage capacity | 1,937,442.000 | |||||||||||||||||||||||
| TSF #2: (7) current amount of tailings stored | 1,512,990.000 | |||||||||||||||||||||||
| TSF #2: (8) consequence classification | Low | |||||||||||||||||||||||
| TSF #2: (9) date of most recent independent technical review | 2020-01-29 | |||||||||||||||||||||||
| TSF #2: (10) material findings | No | |||||||||||||||||||||||
| TSF #2: (11) mitigation measures |
The Mercedes Mine conducts daily site inspections, and monthly monitoring through piezometers and inclinometers to ensure the structural integrity of the TSF. |
|||||||||||||||||||||||
| TSF #2: (12) site-specific EPRP | Yes | |||||||||||||||||||||||
| TSF #3: (1) facility name | Presa de Jales 3 | |||||||||||||||||||||||
| TSF #3: (2) location | Mexico | |||||||||||||||||||||||
| TSF #3: (3) ownership status | Mercedes Mine | |||||||||||||||||||||||
| TSF #3: (4) operational status | Design and Engineering | |||||||||||||||||||||||
| TSF #3: (5) construction method | Downstream | |||||||||||||||||||||||
| TSF #3: (6) maximum permitted storage capacity | 1,924,703.000 | |||||||||||||||||||||||
| TSF #3: (7) current amount of tailings stored | 0.000 | |||||||||||||||||||||||
| TSF #3: (8) consequence classification | Not Applicable | |||||||||||||||||||||||
| TSF #3: (10) material findings | No | |||||||||||||||||||||||
| TSF #3: (11) mitigation measures |
The TSF facility "Presa de Jales 3" is currently being permitted. Mitigation measures have been incorporated into the engineering and design of the facility. |
|||||||||||||||||||||||
| TSF #3: (12) site-specific EPRP | No | |||||||||||||||||||||||
| Provide a summary of the tailings management systems used to monitor and maintain the structural integrity of tailings facilities and to minimize the risk of a catastrophic failure |
All Mercedes Mines' tailings facilities conform to NOM-141-SEMARNAT-2003. |
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|
Under NOM-141-SEMARNAT-2003, hazardous waste must be treated and disposed of in a manner that minimizes the risk of harm to human health and the environment. The regulation sets out specific requirements for the storage, transportation, treatment, and final disposal of hazardous waste, including requirements for the use of appropriate containers and equipment, as well as procedures for the handling and management of hazardous waste. In addition, NOM-141-SEMARNAT-2003 establishes a system for tracking hazardous waste from its point of generation to its final disposal. This system includes the use of special forms and documents to track the waste, as well as requirements for reporting and record- keeping. |
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| Provide summary of tailings management systems and governance structure used to monitor and maintain the stability of tailings storage facilities | Please review the answer above. | |||||||||||||||||||||||
| Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs) |
Each tailings facility of the Mercedes Mine has an Emergency Response Plan in compliance with Mexican Regulations. |
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| Disclose the company's approach to engagement concerning Emergency Preparedness and Response Plans (EPRPs) at tailings storage facilities, including the preparedness of local stakeholders |
Each Emergency Response Plan includes procedures on how to communicate with relevant stakeholders in case of an emergency. The modeling conducted in case of a breach demonstrates there would be no significant impacts to the nearest communities which are located 20 kilometers from the facility. |
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| Waste Management - Corani Project | ||||||||||||||||||||||||
| Tailings Storage Facilities Management | ||||||||||||||||||||||||
| Does your company manage Tailings Storage Facilities | No | |||||||||||||||||||||||
| The Corani project is not an operating mine. | ||||||||||||||||||||||||
| Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs) |
A specific emergency preparedness and response plan for the TFS will be prepared as part of its detailed engineering. Howewer as part of the Corani Project Construction Plan, a General Emergency Preparedness and Response Plan has been prepared, which will be updated as engineering becomes more detailed. In this sense, the proposed methodology consists of a first stage in identifying and qualifying the risks, to then establish the measures considered to manage those risks, through their prevention or through the management of the response to their manifestation. Finally, the oriented actions are established to prepare the corresponding response and to involve other actors in the response, in case the risks manifest themselves in areas in which those actors have to do with the activation of risks or with the preparation and response to the emergency, the latter under the APELL approach. |
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| Waste Management - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Tailings Storage Facilities Management | ||||||||||||||||||||||||
| Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs) |
Emergency Preparedness and Response Plans are developed and implemented at, and in respect of, the Company's operations. The Company does not have a corporate-level Emergency Preparedness and Response plan. |
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| Innovation | ||||||||||||||||||||||||
| Spending on Research, Development, and Technologies for waste management compliance and improvement | 0 | |||||||||||||||||||||||
| Describe nature of spending on Research, Development and Technologies for waste management compliance and improvement |
The Company has not implemented spending on Research, Development, or Technology programs regarding waste management. |
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| Biodiversity - Mercedes Mine | ||||||||||||||||||||||||
| Management Plan | ||||||||||||||||||||||||
| List the environmental and biodiversity management plan(s) implemented at active sites |
The Mercedes Mine has environmental programs whose objective is the management of natural resources: |
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|
1. Environmental Surveillance. 2. Environmental Monitoring: Water quality, wastewater quality, environmental noise, air quality, Fixed Source Gases, Bat Monitoring, Wildlife Monitoring, Sanitary Water Treatment, Rescue and Relocation of Wildlife, Mercedes Nursery. 3. Management Plan for Hazardous Waste, Mining, Urban Solids, and Special Management. |
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 |
 |
 |
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| Bats Monitoring | ||||||||||||||||||||||||
| Air Quality Monitoring | Vegetation Rescue | |||||||||||||||||||||||
 |
 |
 |
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| Water Monitoring | ||||||||||||||||||||||||
| Mercedes Nursery | Temporary warehouse of hazardous waste | |||||||||||||||||||||||
| 1.1 Mine lifecycle stages to which the plan(s) apply |
• Decommissioning • During closure • Production • Restoration • Site development |
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| These plans are applied in the production stage | ||||||||||||||||||||||||
| 1.2 The topics addressed by the plan(s) |
• Discharges to water • Ecological and biodiversity impacts • Emissions to air • Hazardous chemical usage • Natural resource consumption • Noise impacts • Waste generation |
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| 1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups) |
The Environmental Management plans at Mercedes Mine were developed in adherence with our corporate guidelines, environmental authorizations, and Mexican national environmental laws. |
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| Biodiversity - Corani Project | ||||||||||||||||||||||||
| Management Plan | ||||||||||||||||||||||||
| List the environmental and biodiversity management plan(s) implemented at active sites |
The following are the management plans that are being implemented prior to the start of construction of the Corani project. |
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|
- Environmental Monitoring Plan * Air and noise monitoring * Surface water monitoring * Groundwater monitoring * Sediments * Biological monitoring * Hydrobiological monitoring - Glaciological Monitoring Plan - Flora translocation - Fauna Translocation - Vicuna Management Plan - Wetlands compensation |
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 |
 |
 |
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| Groundwater Monitoring | Surface Water Monitoring | Air Monitoring | ||||||||||||||||||||||
 |
 |
 |
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| Hydrobiological Monitoring | ||||||||||||||||||||||||
| Flora Monitoring | ||||||||||||||||||||||||
| Herpetofauna Monitoring | ||||||||||||||||||||||||
| 1.1 Mine lifecycle stages to which the plan(s) apply | Exploration and appraisal | |||||||||||||||||||||||
| 1.2 The topics addressed by the plan(s) |
• Discharges to water • Ecological and biodiversity impacts • Emissions to air • Hazardous chemical usage • Noise impacts |
|||||||||||||||||||||||
| 1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups) |
The management plans noted above were developed during the preparation of the Corani project ESIA. The Vicuña management and Wetlands compensation plans were developed in greater detail by the consulting firm INSIDEO. These management plans follow Peruvian regulations, the guidelines of the IFC and the Equator Principles. |
|||||||||||||||||||||||
| Biodiversity - Mercedes Mine | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of its mine sites (by annual production output from mines in tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: predicted to occur | 0.0000% | |||||||||||||||||||||||
| Percentage of mine sites (by annual production output from mines in tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: actively mitigated | 0.0000% | |||||||||||||||||||||||
| Percentage of mine sites (by annual production output from mines in metric tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: under treatment or remediation | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Corani Project | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of its mine sites (by annual production output from mines in tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: predicted to occur | Does Not Apply | |||||||||||||||||||||||
| The Corani Project has not started operations. | ||||||||||||||||||||||||
| Percentage of mine sites (by annual production output from mines in tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: actively mitigated | Does Not Apply | |||||||||||||||||||||||
| The Corani Project has not started operations. | ||||||||||||||||||||||||
| Percentage of mine sites (by annual production output from mines in metric tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: under treatment or remediation | Does Not Apply | |||||||||||||||||||||||
| The Corani Project has not started operations | ||||||||||||||||||||||||
| Biodiversity - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of its mine sites (by annual production output from mines in tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: predicted to occur | 0.0000% | |||||||||||||||||||||||
| Percentage of mine sites (by annual production output from mines in tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: actively mitigated | 0.0000% | |||||||||||||||||||||||
| Percentage of mine sites (by annual production output from mines in metric tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is: under treatment or remediation | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Mercedes Mine | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Does access to the site involve traversing a protected area | No | |||||||||||||||||||||||
| Do any of the entities concessions share a watershed with a protected area | No | |||||||||||||||||||||||
| Provide context and description of site access involving traversing protected areas, and/or watersheds shared with a protected area. Include reference to measures in place to assure access, any proactive programs to support the biodiversity of the protected area, and any formal complaints or compliance issues and related steps to resolve |
Does not apply. The Mercedes Mine is not located in a protected area. |
|||||||||||||||||||||||
| Percentage of proved reserves in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Corani Project | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Does access to the site involve traversing a protected area | No | |||||||||||||||||||||||
| Do any of the entities concessions share a watershed with a protected area | No | |||||||||||||||||||||||
| Provide context and description of site access involving traversing protected areas, and/or watersheds shared with a protected area. Include reference to measures in place to assure access, any proactive programs to support the biodiversity of the protected area, and any formal complaints or compliance issues and related steps to resolve |
The Corani project is not located within a protected area. |
|||||||||||||||||||||||
| Percentage of proved reserves in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Does access to the site involve traversing a protected area | No | |||||||||||||||||||||||
| Do any of the entities concessions share a watershed with a protected area | No | |||||||||||||||||||||||
| Provide context and description of site access involving traversing protected areas, and/or watersheds shared with a protected area. Include reference to measures in place to assure access, any proactive programs to support the biodiversity of the protected area, and any formal complaints or compliance issues and related steps to resolve |
Neither the Corani Project nor the Mercedes Mine is located within a protected area. |
|||||||||||||||||||||||
| Percentage of proved reserves in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Mercedes Mine | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of probable reserves in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Corani Project | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of probable reserves in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of probable reserves in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Mercedes Mine | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of inferred, indicated and/or measured resources in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Corani Project | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of inferred, indicated and/or measured resources in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Biodiversity - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Impacts | ||||||||||||||||||||||||
| Percentage of inferred, indicated and/or measured resources in sites with protected conservation status or in areas of endangered species habitat | 0.0000% | |||||||||||||||||||||||
| Social | ||||||||||||||||||||||||
| Scale of the Organization | ||||||||||||||||||||||||
| Describe how the organisation defines its "Operation" |
The Company's "operations" include the Mercedes mine (a mining operation) and the Corani project (a non-operating exploration and development stage mineral property). These "operations" are supported by regional offices in Hermosillo, Mexico and Lima, Peru, as well as the Company's corporate head office in Vancouver, Canada. |
|||||||||||||||||||||||
| Scale of the Organization - Peru | ||||||||||||||||||||||||
| Report the total number of operations | 1 | |||||||||||||||||||||||
|
The Peru operation includes the Corani project, inclusive of the Company's regional office in Lima Peru. |
||||||||||||||||||||||||
| Employment - Peru | ||||||||||||||||||||||||
| Scale of the Organization | ||||||||||||||||||||||||
| Report the total number of direct employees worldwide (exclude contractors) | 68 | |||||||||||||||||||||||
| Report the total number of male direct employees worldwide (exclude contractors) | 51 | |||||||||||||||||||||||
| Report the total number of female direct employees worldwide (exclude contractors) | 17 | |||||||||||||||||||||||
| Report the total number of contract employees worldwide | 67 | |||||||||||||||||||||||
| Total number of employees worldwide (include contractors) | 135 | |||||||||||||||||||||||
| Total number of female employees and contractors worldwide | 24 | |||||||||||||||||||||||
| Female employees and contractors as percentage of total employees and contractors | 17.7778% | |||||||||||||||||||||||
| Total number of male employees and contractors worldwide | 111 | |||||||||||||||||||||||
| Male employees and contractors as percentage of total employees and contractors | 82.2222% | |||||||||||||||||||||||
| Total number of non-binary employees and contractors worldwide | 0 | |||||||||||||||||||||||
| Non-binary employees and contractors as percentage of total employees and contractors | 0.0000% | |||||||||||||||||||||||
| Total number of employees and contractors with gender not disclosed | 0 | |||||||||||||||||||||||
| Employees and contractors with gender not disclosed as percentage of total employees and contractors | 0.0000% | |||||||||||||||||||||||
| Scale of the Organization - Mexico | ||||||||||||||||||||||||
| Report the total number of operations | 1 | |||||||||||||||||||||||
|
The Mexico operation includes the Mercedes Mine, inclusive of the Company's regional office in Hermosillo, Mexico. |
||||||||||||||||||||||||
| Employment - Mexico | ||||||||||||||||||||||||
| Scale of the Organization | ||||||||||||||||||||||||
| Report the total number of direct employees worldwide (exclude contractors) | 366 | |||||||||||||||||||||||
| Report the total number of male direct employees worldwide (exclude contractors) | 346 | |||||||||||||||||||||||
| Report the total number of female direct employees worldwide (exclude contractors) | 20 | |||||||||||||||||||||||
| Report the total number of contract employees worldwide | 241 | |||||||||||||||||||||||
| Total number of employees worldwide (include contractors) | 607 | |||||||||||||||||||||||
| Total number of female employees and contractors worldwide | 56 | |||||||||||||||||||||||
| Female employees and contractors as percentage of total employees and contractors | 15.3005% | |||||||||||||||||||||||
| Total number of male employees and contractors worldwide | 551 | |||||||||||||||||||||||
| Male employees and contractors as percentage of total employees and contractors | 90.7743% | |||||||||||||||||||||||
| Total number of non-binary employees and contractors worldwide | 0 | |||||||||||||||||||||||
| Non-binary employees and contractors as percentage of total employees and contractors | 0.0000% | |||||||||||||||||||||||
| Total number of employees and contractors with gender not disclosed | 0 | |||||||||||||||||||||||
| Employees and contractors with gender not disclosed as percentage of total employees and contractors | 0.0000% | |||||||||||||||||||||||
| Scale of the Organization - Canada | ||||||||||||||||||||||||
| Report the total number of operations | 0 | |||||||||||||||||||||||
|
The Company's corporate headquarters are located in Vancouver, Canada. As this office employs two persons on a full time basis and Bear Creek holds no mineral projects or mining operations in Canada, the Company does not consider itself to have operations in Canada. |
||||||||||||||||||||||||
| Employment - Canada | ||||||||||||||||||||||||
| Scale of the Organization | ||||||||||||||||||||||||
| Report the total number of direct employees worldwide (exclude contractors) | 2 | |||||||||||||||||||||||
| Report the total number of male direct employees worldwide (exclude contractors) | 1 | |||||||||||||||||||||||
| Report the total number of female direct employees worldwide (exclude contractors) | 1 | |||||||||||||||||||||||
| Report the total number of contract employees worldwide | 0 | |||||||||||||||||||||||
| Total number of employees worldwide (include contractors) | 2 | |||||||||||||||||||||||
| Total number of female employees and contractors worldwide | 1 | |||||||||||||||||||||||
| Female employees and contractors as percentage of total employees and contractors | 50.0000% | |||||||||||||||||||||||
| Total number of male employees and contractors worldwide | 1 | |||||||||||||||||||||||
| Male employees and contractors as percentage of total employees and contractors | 50.0000% | |||||||||||||||||||||||
| Total number of non-binary employees and contractors worldwide | 0 | |||||||||||||||||||||||
| Non-binary employees and contractors as percentage of total employees and contractors | 0.0000% | |||||||||||||||||||||||
| Total number of employees and contractors with gender not disclosed | 0 | |||||||||||||||||||||||
| Employees and contractors with gender not disclosed as percentage of total employees and contractors | 0.0000% | |||||||||||||||||||||||
| Scale of the Organization - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Report the total number of operations | 2 | |||||||||||||||||||||||
| Employment - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Scale of the Organization | ||||||||||||||||||||||||
| Report the total number of direct employees worldwide (exclude contractors) | 436 | |||||||||||||||||||||||
| Report the total number of male direct employees worldwide (exclude contractors) | 398 | |||||||||||||||||||||||
| Report the total number of female direct employees worldwide (exclude contractors) | 38 | |||||||||||||||||||||||
| Report the total number of contract employees worldwide | 308 | |||||||||||||||||||||||
| Female employees and contractors as percentage of total employees and contractors | 16.1034% | |||||||||||||||||||||||
| Male employees and contractors as percentage of total employees and contractors | 89.1129% | |||||||||||||||||||||||
| Non-binary employees and contractors as percentage of total employees and contractors | 0.0000% | |||||||||||||||||||||||
| Total number of employees and contractors with gender not disclosed | 0 | |||||||||||||||||||||||
| Employees and contractors with gender not disclosed as percentage of total employees and contractors | 0.0000% | |||||||||||||||||||||||
| Employment - Peru | ||||||||||||||||||||||||
| Employee Information | ||||||||||||||||||||||||
| Report the total number of direct employees by employment type (permanent and temporary), by gender | 68 | |||||||||||||||||||||||
| Total number of permanent employees | 33 | |||||||||||||||||||||||
| Total number of permanent employees - female | 9 | |||||||||||||||||||||||
| Total number of permanent employees - male | 24 | |||||||||||||||||||||||
| Total number of permanent employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of permanent employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of temporary employees | 35 | |||||||||||||||||||||||
| Total number of temporary employees - female | 8 | |||||||||||||||||||||||
| Total number of temporary employees - male | 27 | |||||||||||||||||||||||
| Total number of temporary employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of temporary employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Report the total number of non-guaranteed hours employees by gender | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - female | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - male | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - Non-binary | 0 | |||||||||||||||||||||||
| Report the total number of employees by employment type (full-time and part-time), by gender | 68 | |||||||||||||||||||||||
| Report the total number of full-time employees | 68 | |||||||||||||||||||||||
| Report the total number of part-time employees | 0 | |||||||||||||||||||||||
| Total number of full-time employees - female | 17 | |||||||||||||||||||||||
| Total number of part-time employees - female | 0 | |||||||||||||||||||||||
| Total number of full-time employees - male | 51 | |||||||||||||||||||||||
| Total number of part-time employees - male | 0 | |||||||||||||||||||||||
| Total number of full-time employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of part-time employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of full-time employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of part-time employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Employment - Mexico | ||||||||||||||||||||||||
| Employee Information | ||||||||||||||||||||||||
| Report the total number of direct employees by employment type (permanent and temporary), by gender | 366 | |||||||||||||||||||||||
| Total number of permanent employees | 354 | |||||||||||||||||||||||
| Total number of permanent employees - female | 20 | |||||||||||||||||||||||
| Total number of permanent employees - male | 334 | |||||||||||||||||||||||
| Total number of permanent employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of permanent employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of temporary employees | 12 | |||||||||||||||||||||||
| Total number of temporary employees - female | 0 | |||||||||||||||||||||||
| Total number of temporary employees - male | 12 | |||||||||||||||||||||||
| Total number of temporary employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of temporary employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Report the total number of non-guaranteed hours employees by gender | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - female | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - male | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - Non-binary | 0 | |||||||||||||||||||||||
| Report the total number of employees by employment type (full-time and part-time), by gender | 366 | |||||||||||||||||||||||
| Report the total number of full-time employees | 354 | |||||||||||||||||||||||
| Report the total number of part-time employees | 12 | |||||||||||||||||||||||
| Total number of full-time employees - female | 20 | |||||||||||||||||||||||
| Total number of part-time employees - female | 0 | |||||||||||||||||||||||
| Total number of full-time employees - male | 334 | |||||||||||||||||||||||
| Total number of part-time employees - male | 12 | |||||||||||||||||||||||
| Total number of full-time employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of part-time employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of full-time employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of part-time employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Employment - Canada | ||||||||||||||||||||||||
| Employee Information | ||||||||||||||||||||||||
| Report the total number of direct employees by employment type (permanent and temporary), by gender | 2 | |||||||||||||||||||||||
| Total number of permanent employees | 2 | |||||||||||||||||||||||
| Total number of permanent employees - female | 1 | |||||||||||||||||||||||
| Total number of permanent employees - male | 1 | |||||||||||||||||||||||
| Total number of permanent employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of permanent employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of temporary employees | 0 | |||||||||||||||||||||||
| Total number of temporary employees - female | 0 | |||||||||||||||||||||||
| Total number of temporary employees - male | 0 | |||||||||||||||||||||||
| Total number of temporary employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of temporary employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Report the total number of non-guaranteed hours employees by gender | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - female | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - male | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - Non-binary | 0 | |||||||||||||||||||||||
| Report the total number of employees by employment type (full-time and part-time), by gender | 2 | |||||||||||||||||||||||
| Report the total number of full-time employees | 2 | |||||||||||||||||||||||
| Report the total number of part-time employees | 0 | |||||||||||||||||||||||
| Total number of full-time employees - female | 1 | |||||||||||||||||||||||
| Total number of part-time employees - female | 0 | |||||||||||||||||||||||
| Total number of full-time employees - male | 1 | |||||||||||||||||||||||
| Total number of part-time employees - male | 0 | |||||||||||||||||||||||
| Total number of full-time employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of part-time employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of full-time employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of part-time employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Employment - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Employee Information | ||||||||||||||||||||||||
| Report the total number of direct employees by employment type (permanent and temporary), by gender | 436 | |||||||||||||||||||||||
| Total number of permanent employees | 389 | |||||||||||||||||||||||
| Total number of permanent employees - female | 30 | |||||||||||||||||||||||
| Total number of permanent employees - male | 359 | |||||||||||||||||||||||
| Total number of permanent employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of permanent employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of temporary employees | 47 | |||||||||||||||||||||||
| Total number of temporary employees - female | 8 | |||||||||||||||||||||||
| Total number of temporary employees - male | 39 | |||||||||||||||||||||||
| Total number of temporary employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of temporary employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Report the total number of non-guaranteed hours employees by gender | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - female | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - male | 0 | |||||||||||||||||||||||
| Total number of non-guaranteed hours employees - Non-binary | 0 | |||||||||||||||||||||||
| Report the total number of employees by employment type (full-time and part-time), by gender | 436 | |||||||||||||||||||||||
| Report the total number of full-time employees | 424 | |||||||||||||||||||||||
| Report the total number of part-time employees | 12 | |||||||||||||||||||||||
| Total number of full-time employees - female | 38 | |||||||||||||||||||||||
| Total number of part-time employees - female | 0 | |||||||||||||||||||||||
| Total number of full-time employees - male | 386 | |||||||||||||||||||||||
| Total number of part-time employees - male | 12 | |||||||||||||||||||||||
| Total number of full-time employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of part-time employees - Non-binary | 0 | |||||||||||||||||||||||
| Total number of full-time employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of part-time employees - Gender not disclosed | 0 | |||||||||||||||||||||||
| Employment | ||||||||||||||||||||||||
| Employee Information | ||||||||||||||||||||||||
| Describe the methodologies and assumptions used to compile the data |
Employee information is maintained by the Company's Human Resources management at the Mercedes Mine and in Lima, Peru, for the Corani Project. The Company has limited personnel based in Canada. Information regarding employees in Canada is maintained by the Company's Corporate Secretary. |
|||||||||||||||||||||||
| Are the numbers reported in head count, full-time equivalent (FTE), or using another methodology |
The employee numbers reported reflect head counts. |
|||||||||||||||||||||||
| Are the numbers reported at the end of the reporting period, as an average across the reporting period, or using another methodology |
The employee numbers reported are as of December 31, 2022. |
|||||||||||||||||||||||
| Describe significant fluctuations, if any, in the number of employees during the reporting period and between reporting periods |
The Company's employee numbers (permanent and contract) as of December 31, 2022, grew significantly in comparison to the year ended December 31, 2021, due to its acquisition of the Mercedes Mine on April 21, 2022. |
|||||||||||||||||||||||
| Employment - Peru | ||||||||||||||||||||||||
| Workers who are not employees | ||||||||||||||||||||||||
| Report the total number of workers who are not employees and whose work is controlled by the organization | 67 | |||||||||||||||||||||||
| Describe the most common types of worker and their contractual relationship with the organization |
These are service workers who provide general services to the Company but are not directly employed or contracted by the Company. |
|||||||||||||||||||||||
| The type of work they perform |
These workers perform maintenance and cleaning of different areas, property security, and services at the Corani technological research center. |
|||||||||||||||||||||||
| Report the total number of contractors by employment type (permanent and temporary), by gender | 67 | |||||||||||||||||||||||
| Total number of permanent contractors | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - female | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - male | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of temporary contractors | 67 | |||||||||||||||||||||||
| Total number of temporary contractors - female | 7 | |||||||||||||||||||||||
| Total number of temporary contractors - male | 60 | |||||||||||||||||||||||
| Total number of temporary contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Report the total number of contractors by employment type (full-time and part-time), by gender | 67 | |||||||||||||||||||||||
| Total number of full-time contractors - female | 7 | |||||||||||||||||||||||
| Total number of part-time contractors - female | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - male | 60 | |||||||||||||||||||||||
| Total number of part-time contractors - male | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Employment - Mexico | ||||||||||||||||||||||||
| Workers who are not employees | ||||||||||||||||||||||||
| Report the total number of workers who are not employees and whose work is controlled by the organization | 241 | |||||||||||||||||||||||
| Describe the most common types of worker and their contractual relationship with the organization |
At the Mercedes Mine, workers who are not employees are contracted for specific tasks and services and are legally registered for contracting work as required by the Mexican Register of Specialized Service Providers (REPSE). |
|||||||||||||||||||||||
| The type of work they perform |
Contractors are hired for service and support functions not directly required for mineral production or operations. |
|||||||||||||||||||||||
| Report the total number of contractors by employment type (permanent and temporary), by gender | 241 | |||||||||||||||||||||||
| Total number of permanent contractors | 241 | |||||||||||||||||||||||
| Total number of permanent contractors - female | 36 | |||||||||||||||||||||||
| Total number of permanent contractors - male | 205 | |||||||||||||||||||||||
| Total number of permanent contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of temporary contractors | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - female | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - male | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Report the total number of contractors by employment type (full-time and part-time), by gender | 241 | |||||||||||||||||||||||
| Total number of full-time contractors - female | 36 | |||||||||||||||||||||||
| Total number of part-time contractors - female | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - male | 205 | |||||||||||||||||||||||
| Total number of part-time contractors - male | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Employment - Canada | ||||||||||||||||||||||||
| Workers who are not employees | ||||||||||||||||||||||||
| Report the total number of contractors by employment type (permanent and temporary), by gender | 0 | |||||||||||||||||||||||
| Total number of permanent contractors | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - female | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - male | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of temporary contractors | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - female | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - male | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Report the total number of contractors by employment type (full-time and part-time), by gender | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - female | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - female | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - male | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - male | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Employment - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Workers who are not employees | ||||||||||||||||||||||||
| Report the total number of workers who are not employees and whose work is controlled by the organization | 308 | |||||||||||||||||||||||
| Report the total number of contractors by employment type (permanent and temporary), by gender | 308 | |||||||||||||||||||||||
| Total number of permanent contractors | 241 | |||||||||||||||||||||||
| Total number of permanent contractors - female | 36 | |||||||||||||||||||||||
| Total number of permanent contractors - male | 205 | |||||||||||||||||||||||
| Total number of permanent contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of permanent contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of temporary contractors | 67 | |||||||||||||||||||||||
| Total number of temporary contractors - female | 7 | |||||||||||||||||||||||
| Total number of temporary contractors - male | 60 | |||||||||||||||||||||||
| Total number of temporary contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of temporary contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Report the total number of contractors by employment type (full-time and part-time), by gender | 308 | |||||||||||||||||||||||
| Total number of full-time contractors - female | 43 | |||||||||||||||||||||||
| Total number of part-time contractors - female | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - male | 265 | |||||||||||||||||||||||
| Total number of part-time contractors - male | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - Non-binary | 0 | |||||||||||||||||||||||
| Total number of full-time contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Total number of part-time contractors - Gender not disclosed | 0 | |||||||||||||||||||||||
| Employment | ||||||||||||||||||||||||
| Workers who are not employees | ||||||||||||||||||||||||
| Describe the methodologies and assumptions used to compile the information about workers who are not employees. |
Information regarding workers who are not employees is maintained by the Company's Human Resources management at the Mercedes Mine and in Lima, Peru, for the Corani Project. The Company has limited personnel based in Canada and no workers who are not employees. |
|||||||||||||||||||||||
| Is the number of workers who are not employees reported in head count, full-time equivalent (FTE), or using another methodology |
The non-employee worker numbers reported reflect head counts. |
|||||||||||||||||||||||
| Is the number of workers who are not employees reported at the end of the reporting period, as an average across the reporting period, or using another methodology |
The non-employee worker numbers reported are as of December 31, 2022. |
|||||||||||||||||||||||
| Describe significant fluctuations, if any, in the number of workers who are not employees during the reporting period and between reporting periods | None | |||||||||||||||||||||||
| Employment - Peru | ||||||||||||||||||||||||
| Turnover | ||||||||||||||||||||||||
| Report the total number and rate of employee turnover during the reporting period, by age group, and gender | ||||||||||||||||||||||||
| All Employees | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 16 | |||||||||||||||||||||||
| Rate of turnover | 15.4589% | |||||||||||||||||||||||
| Voluntary Turnover | ||||||||||||||||||||||||
| Total number of turnover (the number that left voluntarily during the period) | 4 | |||||||||||||||||||||||
| Rate of turnover | 3.8647% | |||||||||||||||||||||||
| Involuntary Turnover | ||||||||||||||||||||||||
| Total number of turnover (the number that left involuntarily during the period) | 12 | |||||||||||||||||||||||
| Rate of turnover | 11.5942% | |||||||||||||||||||||||
| Female employees | ||||||||||||||||||||||||
| Total number of turnover (the number of females that left during the period) | 3 | |||||||||||||||||||||||
| Rate of turnover, females | 11.5385% | |||||||||||||||||||||||
| Male employees | ||||||||||||||||||||||||
| Total number of turnover (the number of males that left during the period) | 13 | |||||||||||||||||||||||
| Rate of turnover, males | 11.4537% | |||||||||||||||||||||||
| Non-binary employees | ||||||||||||||||||||||||
| Total number of turnover (the number non-binary that left during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover, non-binary | Does Not Apply | |||||||||||||||||||||||
| Turnover & Age Breakdown | ||||||||||||||||||||||||
| Employees aged 30 years old and under | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 3 | |||||||||||||||||||||||
| As percent of total employees | 33.3333% | |||||||||||||||||||||||
| Rate of turnover | 7.5000% | |||||||||||||||||||||||
| Employees aged between 30 and 50 years old | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 11 | |||||||||||||||||||||||
| As percent of total employees | 57.0370% | |||||||||||||||||||||||
| Rate of turnover | 13.6646% | |||||||||||||||||||||||
| Employees over 50 years old | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 2 | |||||||||||||||||||||||
| As percent of total employees | 17.7778% | |||||||||||||||||||||||
| Rate of turnover | 8.0000% | |||||||||||||||||||||||
| Identify types of employees captured in the turnover rate calculations | All employees on the payroll | |||||||||||||||||||||||
| Employment - Mexico | ||||||||||||||||||||||||
| Turnover | ||||||||||||||||||||||||
| Report the total number and rate of employee turnover during the reporting period, by age group, and gender | ||||||||||||||||||||||||
| All Employees | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 41 | |||||||||||||||||||||||
| Rate of turnover | 11.7479% | |||||||||||||||||||||||
| Voluntary Turnover | ||||||||||||||||||||||||
| Total number of turnover (the number that left voluntarily during the period) | 20 | |||||||||||||||||||||||
| Rate of turnover | 5.7307% | |||||||||||||||||||||||
| Involuntary Turnover | ||||||||||||||||||||||||
| Total number of turnover (the number that left involuntarily during the period) | 21 | |||||||||||||||||||||||
| Rate of turnover | 6.0172% | |||||||||||||||||||||||
| Female employees | ||||||||||||||||||||||||
| Total number of turnover (the number of females that left during the period) | 1 | |||||||||||||||||||||||
| Rate of turnover, females | 5.8824% | |||||||||||||||||||||||
| Male employees | ||||||||||||||||||||||||
| Total number of turnover (the number of males that left during the period) | 40 | |||||||||||||||||||||||
| Rate of turnover, males | 11.7994% | |||||||||||||||||||||||
| Non-binary employees | ||||||||||||||||||||||||
| Total number of turnover (the number non-binary that left during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover, non-binary | Does Not Apply | |||||||||||||||||||||||
| Turnover & Age Breakdown | ||||||||||||||||||||||||
| Employees aged 30 years old and under | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 3 | |||||||||||||||||||||||
| As percent of total employees | 7.4135% | |||||||||||||||||||||||
| Rate of turnover | 8.4507% | |||||||||||||||||||||||
| Employees aged between 30 and 50 years old | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 33 | |||||||||||||||||||||||
| As percent of total employees | 46.6227% | |||||||||||||||||||||||
| Rate of turnover | 12.0879% | |||||||||||||||||||||||
| Employees over 50 years old | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 5 | |||||||||||||||||||||||
| As percent of total employees | 6.2603% | |||||||||||||||||||||||
| Rate of turnover | 12.3457% | |||||||||||||||||||||||
| Identify types of employees captured in the turnover rate calculations | Full-time-equivalent only | |||||||||||||||||||||||
| Employment - Canada | ||||||||||||||||||||||||
| Turnover | ||||||||||||||||||||||||
| Report the total number and rate of employee turnover during the reporting period, by age group, and gender | ||||||||||||||||||||||||
| All Employees | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover | 0.0000% | |||||||||||||||||||||||
| Voluntary Turnover | ||||||||||||||||||||||||
| Total number of turnover (the number that left voluntarily during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover | 0.0000% | |||||||||||||||||||||||
| Involuntary Turnover | ||||||||||||||||||||||||
| Total number of turnover (the number that left involuntarily during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover | 0.0000% | |||||||||||||||||||||||
| Female employees | ||||||||||||||||||||||||
| Total number of turnover (the number of females that left during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover, females | 0.0000% | |||||||||||||||||||||||
| Male employees | ||||||||||||||||||||||||
| Total number of turnover (the number of males that left during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover, males | 0.0000% | |||||||||||||||||||||||
| Non-binary employees | ||||||||||||||||||||||||
| Total number of turnover (the number non-binary that left during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover, non-binary | Does Not Apply | |||||||||||||||||||||||
| Turnover & Age Breakdown | ||||||||||||||||||||||||
| Employees aged 30 years old and under | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 0 | |||||||||||||||||||||||
| As percent of total employees | 0.0000% | |||||||||||||||||||||||
| Rate of turnover | Does Not Apply | |||||||||||||||||||||||
| Employees aged between 30 and 50 years old | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 0 | |||||||||||||||||||||||
| As percent of total employees | 0.0000% | |||||||||||||||||||||||
| Rate of turnover | Does Not Apply | |||||||||||||||||||||||
| Employees over 50 years old | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 0 | |||||||||||||||||||||||
| As percent of total employees | 100.0000% | |||||||||||||||||||||||
| Rate of turnover | 0.0000% | |||||||||||||||||||||||
| Identify types of employees captured in the turnover rate calculations | All employees on the payroll | |||||||||||||||||||||||
| Employment - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Turnover | ||||||||||||||||||||||||
| Report the total number and rate of employee turnover during the reporting period, by age group, and gender | ||||||||||||||||||||||||
| All Employees | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 57 | |||||||||||||||||||||||
| Rate of turnover | 12.5413% | |||||||||||||||||||||||
| Voluntary Turnover | ||||||||||||||||||||||||
| Total number of turnover (the number that left voluntarily during the period) | 24 | |||||||||||||||||||||||
| Rate of turnover | 5.2805% | |||||||||||||||||||||||
| Involuntary Turnover | ||||||||||||||||||||||||
| Total number of turnover (the number that left involuntarily during the period) | 33 | |||||||||||||||||||||||
| Rate of turnover | 7.2607% | |||||||||||||||||||||||
| Female employees | ||||||||||||||||||||||||
| Total number of turnover (the number of females that left during the period) | 4 | |||||||||||||||||||||||
| Rate of turnover, females | 9.0909% | |||||||||||||||||||||||
| Male employees | ||||||||||||||||||||||||
| Total number of turnover (the number of males that left during the period) | 53 | |||||||||||||||||||||||
| Rate of turnover, males | 11.6869% | |||||||||||||||||||||||
| Non-binary employees | ||||||||||||||||||||||||
| Total number of turnover (the number non-binary that left during the period) | 0 | |||||||||||||||||||||||
| Rate of turnover, non-binary | Does Not Apply | |||||||||||||||||||||||
| Turnover & Age Breakdown | ||||||||||||||||||||||||
| Employees aged 30 years old and under | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 6 | |||||||||||||||||||||||
| As percent of total employees | 12.0968% | |||||||||||||||||||||||
| Rate of turnover | 7.9470% | |||||||||||||||||||||||
| Employees aged between 30 and 50 years old | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 44 | |||||||||||||||||||||||
| As percent of total employees | 48.3871% | |||||||||||||||||||||||
| Rate of turnover | 12.4470% | |||||||||||||||||||||||
| Employees over 50 years old | ||||||||||||||||||||||||
| Total number of turnover (the number that left during the period) | 7 | |||||||||||||||||||||||
| As percent of total employees | 8.6022% | |||||||||||||||||||||||
| Rate of turnover | 10.3704% | |||||||||||||||||||||||
| Identify types of employees captured in the turnover rate calculations | All employees on the payroll | |||||||||||||||||||||||
| Diversity and Equal Opportunity | ||||||||||||||||||||||||
| Report the percentage of employees per employee category in each of the following diversity categories | ||||||||||||||||||||||||
| Board of Directors | ||||||||||||||||||||||||
| Total Board of Directors | 8 | |||||||||||||||||||||||
| Percent Male | 87.5000% | |||||||||||||||||||||||
| Percent Female | 12.5000% | |||||||||||||||||||||||
| Percent Non-Binary | 0.0000% | |||||||||||||||||||||||
| Percent under 30 years of age | 0.0000% | |||||||||||||||||||||||
| Percent between 30 and 50 years of age | 12.5000% | |||||||||||||||||||||||
| Percent over 50 years of age | 87.5000% | |||||||||||||||||||||||
| Senior Management | ||||||||||||||||||||||||
| Total Senior Managers | 7 | |||||||||||||||||||||||
| Percent Male | 85.7143% | |||||||||||||||||||||||
| Percent Female | 14.2857% | |||||||||||||||||||||||
| Percent Non-Binary | 0.0000% | |||||||||||||||||||||||
| Percent under 30 years of age | 0.0000% | |||||||||||||||||||||||
| Percent between 30 and 50 years of age | 0.0000% | |||||||||||||||||||||||
| Percent over 50 years of age | 100.0000% | |||||||||||||||||||||||
| Labour Relations - Mercedes Mine | ||||||||||||||||||||||||
| Collective Bargaining Agreements | ||||||||||||||||||||||||
| Percentage of total direct employees covered by collective bargaining agreements | 56.2842% | |||||||||||||||||||||||
| For employees not covered by collective bargaining agreements, report whether the organization determines their working conditions and terms of employment based on collective bargaining agreements that cover its other employees or based on collective bargaining agreements from other organizations |
Yes, there is an individual employment contract that specifies the terms and conditions of the employment relationship. |
|||||||||||||||||||||||
| Notice Periods | ||||||||||||||||||||||||
| Minimum number of weeks’ notice typically provided to employees and their representatives prior to the implementation of significant operational changes that could substantially affect them |
Yes, such information is specified in the collective bargaining agreement. |
|||||||||||||||||||||||
| If your organization is subject to collective bargaining agreements, is the notice period and provisions for consultation and negotiation specified in those agreements | Yes | |||||||||||||||||||||||
| Labour Relations - Corani Project | ||||||||||||||||||||||||
| Collective Bargaining Agreements | ||||||||||||||||||||||||
| Percentage of total direct employees covered by collective bargaining agreements | 0.0000% | |||||||||||||||||||||||
| Notice Periods | ||||||||||||||||||||||||
| Minimum number of weeks’ notice typically provided to employees and their representatives prior to the implementation of significant operational changes that could substantially affect them | Does Not Apply | |||||||||||||||||||||||
| Labour Relations - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Collective Bargaining Agreements | ||||||||||||||||||||||||
| Percentage of total direct employees covered by collective bargaining agreements | 47.4654% | |||||||||||||||||||||||
| For employees not covered by collective bargaining agreements, report whether the organization determines their working conditions and terms of employment based on collective bargaining agreements that cover its other employees or based on collective bargaining agreements from other organizations |
The employment conditions of employees not covered by collective bargaining agreements are based on Canadian, Mexican and Peruvian labour laws, as applicable. |
|||||||||||||||||||||||
| Notice Periods | ||||||||||||||||||||||||
| Minimum number of weeks’ notice typically provided to employees and their representatives prior to the implementation of significant operational changes that could substantially affect them | 15 days | |||||||||||||||||||||||
| Occupational Health and Safety - Mercedes Mine | ||||||||||||||||||||||||
| Work-related Injuries | ||||||||||||||||||||||||
| Injuries - For all employees | ||||||||||||||||||||||||
| i. Number of fatalities as a result of work-related injury | 0 | |||||||||||||||||||||||
| i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked | 0.000 | |||||||||||||||||||||||
| ii. Number of high-consequence work-related injuries (excluding fatalities) | 0 | |||||||||||||||||||||||
| ii. Rate of high-consequence work-related injuries (excluding fatalities) | 0.000 | |||||||||||||||||||||||
| iii. Number of recordable work-related injuries | 0 | |||||||||||||||||||||||
| iii. Rate of recordable work-related injuries | 0.000 | |||||||||||||||||||||||
| iv. Main types of work-related injury, e.g., confined space, trips, falls, etc. |
Not applicable. The Mercedes Mine did not sustain any type of work-related injury in the reporting period. |
|||||||||||||||||||||||
| v. Number of hours worked | 145,410 | |||||||||||||||||||||||
| Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization | ||||||||||||||||||||||||
| i. Number of fatalities as a result of work-related injury | 0 | |||||||||||||||||||||||
| i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours | 0.000 | |||||||||||||||||||||||
| ii. Number of high-consequence work-related injuries (excluding fatalities) | 0 | |||||||||||||||||||||||
| ii. Rate of high-consequence work-related injuries (excluding fatalities) | 0.000 | |||||||||||||||||||||||
| iii. Number of recordable work-related injuries | 0 | |||||||||||||||||||||||
| iii. Rate of recordable work-related injuries | 0.000 | |||||||||||||||||||||||
| iv. Main types of work-related injury, e.g., confined space, trips, falls, etc. |
Not applicable. The Mercedes Mine did not sustain any type of work-related injury in the reporting period. |
|||||||||||||||||||||||
| v. Number of hours worked | 162,229 | |||||||||||||||||||||||
| Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Combined (Employees and non-employees, but controlled by the organization): | ||||||||||||||||||||||||
| Total Hours Worked | 307,639 | |||||||||||||||||||||||
| Total number of all work-related injuries | 0 | |||||||||||||||||||||||
| Rate of work-related injuries | 0.000 | |||||||||||||||||||||||
| Total Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Occupational Health and Safety - Corani Project | ||||||||||||||||||||||||
| Work-related Injuries | ||||||||||||||||||||||||
| Injuries - For all employees | ||||||||||||||||||||||||
| i. Number of fatalities as a result of work-related injury | 0 | |||||||||||||||||||||||
| i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked | 0.000 | |||||||||||||||||||||||
| ii. Number of high-consequence work-related injuries (excluding fatalities) | 0 | |||||||||||||||||||||||
| ii. Rate of high-consequence work-related injuries (excluding fatalities) | 0.000 | |||||||||||||||||||||||
| iii. Number of recordable work-related injuries | 0 | |||||||||||||||||||||||
| iii. Rate of recordable work-related injuries | 0.000 | |||||||||||||||||||||||
| iv. Main types of work-related injury, e.g., confined space, trips, falls, etc. |
There were no high-consequence or lost-time work-related injuries to personnel during the reporting period. |
|||||||||||||||||||||||
| v. Number of hours worked | 145,410 | |||||||||||||||||||||||
| Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization | ||||||||||||||||||||||||
| i. Number of fatalities as a result of work-related injury | 0 | |||||||||||||||||||||||
| i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours | 0.000 | |||||||||||||||||||||||
| ii. Number of high-consequence work-related injuries (excluding fatalities) | 0 | |||||||||||||||||||||||
| ii. Rate of high-consequence work-related injuries (excluding fatalities) | 0.000 | |||||||||||||||||||||||
| iii. Number of recordable work-related injuries | 0 | |||||||||||||||||||||||
| iii. Rate of recordable work-related injuries | 0.000 | |||||||||||||||||||||||
| iv. Main types of work-related injury, e.g., confined space, trips, falls, etc. |
There were no high-consequence or lost-time work related injuries to personnel during the year ended December 31, 2022. |
|||||||||||||||||||||||
| v. Number of hours worked | 162,229 | |||||||||||||||||||||||
| Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Combined (Employees and non-employees, but controlled by the organization): | ||||||||||||||||||||||||
| Total Hours Worked | 307,639 | |||||||||||||||||||||||
| Total number of all work-related injuries | 0 | |||||||||||||||||||||||
| Rate of work-related injuries | 0.000 | |||||||||||||||||||||||
| Total Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Occupational Health and Safety - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Work-related Injuries | ||||||||||||||||||||||||
| Injuries - For all employees | ||||||||||||||||||||||||
| i. Number of fatalities as a result of work-related injury | 0 | |||||||||||||||||||||||
| i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked | 0.000 | |||||||||||||||||||||||
| ii. Number of high-consequence work-related injuries (excluding fatalities) | 0 | |||||||||||||||||||||||
| ii. Rate of high-consequence work-related injuries (excluding fatalities) | 0.000 | |||||||||||||||||||||||
| iii. Number of recordable work-related injuries | 0 | |||||||||||||||||||||||
| iii. Rate of recordable work-related injuries | 0.000 | |||||||||||||||||||||||
| iv. Main types of work-related injury, e.g., confined space, trips, falls, etc. |
There were no high-consequence or lost-time work-related injuries to personnel during the year ended December 31, 2022. |
|||||||||||||||||||||||
| v. Number of hours worked | 290,820 | |||||||||||||||||||||||
| Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization | ||||||||||||||||||||||||
| i. Number of fatalities as a result of work-related injury | 0 | |||||||||||||||||||||||
| i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours | 0.000 | |||||||||||||||||||||||
| ii. Number of high-consequence work-related injuries (excluding fatalities) | 0 | |||||||||||||||||||||||
| ii. Rate of high-consequence work-related injuries (excluding fatalities) | 0.000 | |||||||||||||||||||||||
| iii. Number of recordable work-related injuries | 0 | |||||||||||||||||||||||
| iii. Rate of recordable work-related injuries | 0.000 | |||||||||||||||||||||||
| iv. Main types of work-related injury, e.g., confined space, trips, falls, etc. |
There were no high-consequence or lost-time work-related injuries to contract personnel during the year ended December 31, 2022. |
|||||||||||||||||||||||
| v. Number of hours worked | 324,458 | |||||||||||||||||||||||
| Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Combined (Employees and non-employees, but controlled by the organization): | ||||||||||||||||||||||||
| Total Hours Worked | 615,278 | |||||||||||||||||||||||
| Total number of all work-related injuries | 0 | |||||||||||||||||||||||
| Rate of work-related injuries | 0.000 | |||||||||||||||||||||||
| Total Lost Time Injuries (LTIs) | 0 | |||||||||||||||||||||||
| Lost Time Injuries Rate (LTIR) | 0.000 | |||||||||||||||||||||||
| Occupational Health and Safety - Mercedes Mine | ||||||||||||||||||||||||
| Work-related Injuries | ||||||||||||||||||||||||
| i. How have these hazards been determined |
The Mercedes Mine determines hazards through the following activities: 1. Site inspections 2. Hazard identification and risk assessment 3. Procedures 4. Training and reporting |
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| ii. Which of these hazards have caused or contributed to high-consequence injuries during the reporting period |
In 2022, the Mercedes Mine did not suffer any high-consequence injuries. |
|||||||||||||||||||||||
| iii. Actions taken or underway to eliminate these hazards and minimize risks using the hierarchy of controls |
In 2022, the Mercedes Mine did not suffer any high-consequence injuries. The Company continues to implement a preventive approach to hazard identification. |
|||||||||||||||||||||||
| Report on actions taken or underway to eliminate other work-related hazards and minimize risks using the hierarchy of controls |
The Mercedes Mine has a tool for hazard identification and risk evaluation called Think, Evaluate, Analyze, Correct, and Implement (PEACE). |
|||||||||||||||||||||||
| Whether and, if so, why any workers have been excluded from this disclosure, including the types of worker excluded, e.g., short-term contractors | No workers were excluded from this disclosure. | |||||||||||||||||||||||
| Disclose any contextual information necessary to understand how the data have been compiled, i.e., any standards, methodologies, and assumptions used |
The Health and Safety department manages all issues relating to accidents and illnesses at the Mercedes Mine. The Health and Safety Department follows all Mexican government administrative procedures required for the operation of the Mercedes Mine. |
|||||||||||||||||||||||
| Occupational Health and Safety - Corani Project | ||||||||||||||||||||||||
| Work-related Injuries | ||||||||||||||||||||||||
| i. How have these hazards been determined |
Hazards have been determined using the IPERC baseline and risks are updated as new activities occur. IPERC is the Spanish acronym for the Peruvian legislative process of hazard identification, evaluation and control. |
|||||||||||||||||||||||
| ii. Which of these hazards have caused or contributed to high-consequence injuries during the reporting period |
There have been no high-consequence injuries during the reporting period. |
|||||||||||||||||||||||
| iii. Actions taken or underway to eliminate these hazards and minimize risks using the hierarchy of controls |
To date, we have not had any significant or serious injuries, only a few incidents without harm to any worker. We reinforced some security issues. When an incident occurs (without personal injuries), the respective investigation is carried out and the causes of the incident are determined. Then, the corresponding corrective measures are taken. |
|||||||||||||||||||||||
| Report on actions taken or underway to eliminate other work-related hazards and minimize risks using the hierarchy of controls |
Due to the stage of the Corani Project, we have not had high risks. The IPERC processes have been developed and are reviewed annually, within which controls are established considering their hierarchy. Likewise, personnel is trained regarding the identification and application of the control hierarchy in the IPERC matrices and in the execution of work. |
|||||||||||||||||||||||
| Whether and, if so, why any workers have been excluded from this disclosure, including the types of worker excluded, e.g., short-term contractors |
No workers have been excluded from this disclosure. |
|||||||||||||||||||||||
| Disclose any contextual information necessary to understand how the data have been compiled, i.e., any standards, methodologies, and assumptions used |
There is an annual training program in compliance with current legal regulations. Likewise, the monthly meetings of the Joint Occupational Health and Safety Committee are held, as well as inspections and other mechanisms required by the regulations. It should be noted that Peru has regulations based on international requirements, such as D. S. 024-2016 and its modifications, which are fully complied with by Bear Creek Mining in our Occupational Health and Safety management. |
|||||||||||||||||||||||
| Occupational Health and Safety - Mercedes Mine | ||||||||||||||||||||||||
| Safety Training | ||||||||||||||||||||||||
| Disclose the average number of training hours provided to its workforce for health, safety, and emergency management training | ||||||||||||||||||||||||
| Average hours of health, safety, and emergency response training for (a) full-time/direct employees | 2.31 | |||||||||||||||||||||||
| Average hours of health, safety, and emergency response training for (b) contract employees | 13.07 | |||||||||||||||||||||||
| Occupational Health and Safety - Corani Project | ||||||||||||||||||||||||
| Safety Training | ||||||||||||||||||||||||
| Disclose the average number of training hours provided to its workforce for health, safety, and emergency management training | ||||||||||||||||||||||||
| Average hours of health, safety, and emergency response training for (a) full-time/direct employees | 24.62 | |||||||||||||||||||||||
| Average hours of health, safety, and emergency response training for (b) contract employees | 22.34 | |||||||||||||||||||||||
| Occupational Health and Safety - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Safety Training | ||||||||||||||||||||||||
| Disclose the average number of training hours provided to its workforce for health, safety, and emergency management training | ||||||||||||||||||||||||
| Average hours of health, safety, and emergency response training for (a) full-time/direct employees | 5.94 | |||||||||||||||||||||||
| Average hours of health, safety, and emergency response training for (b) contract employees | 14.54 | |||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Identify the countries of operations within the World Bank's list of “Fragile and Conflict-Affected Situations” | None | |||||||||||||||||||||||
| Describe the nature of any social risks, for all operating countries, that could have a material risk to operations | Please see attached. | |||||||||||||||||||||||
|
Bear Creek Mining website - Social Responsibility |
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|
|
||||||||||||||||||||||||
| Description of Social Risks | ||||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Mercedes Mine | ||||||||||||||||||||||||
| Percentage of proved reserves that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
|
The Mercedes Mine operates in the Mexican State of Sonora. The mine is located approximately 254 kilometers from the state capitol. Based on this distance the Mercedes Mine does not operate in an area of conflict as per the Uppsala Conflict Data Program. |
||||||||||||||||||||||||
| The total amount of proved reserves | 344,000 | |||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Corani Project | ||||||||||||||||||||||||
| Percentage of proved reserves that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
| The total amount of proved reserves | 20,330,000 | |||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Percentage of proved reserves that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
| The total amount of proved reserves | 20,674,000 | |||||||||||||||||||||||
|
The value provided reflects the total tonnage (dry Tonnes) of ore classified as Proven Mineral Reserves at the Corani deposit and Mercedes mine as of December 31, 2022. |
||||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Mercedes Mine | ||||||||||||||||||||||||
| Percentage of probable reserves that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
|
The Mercedes Mine operates in the Mexican State of Sonora. The mine is located approximately 254 kilometers from the state capitol. Based on this distance the Mercedes Mine does not operate in an area of conflict as per the Uppsala Conflict Data Program. |
||||||||||||||||||||||||
| The total amount of probable reserves | 1,873,000 | |||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Corani Project | ||||||||||||||||||||||||
| Percentage of probable reserves that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
| The total amount of probable reserves | 118,253,000 | |||||||||||||||||||||||
|
The value provided reflects the tonnage (dry Tonnes) of ore classified as Proven Mineral Reserves at the Corani deposit. |
||||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Percentage of probable reserves that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
| The total amount of probable reserves | 120,126,000 | |||||||||||||||||||||||
|
The value provided reflects the total tonnage (dry Tonnes) of ore classified as Probable Mineral Reserves at the Corani deposit and Mercedes mine as of December 31, 2022. |
||||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Mercedes Mine | ||||||||||||||||||||||||
| Percentage of inferred, indicated and measured resources that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
| Total amount of inferred, indicated and/or measured resources | 3,435,000 | |||||||||||||||||||||||
| Percentage of proved reserves that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| The total amount of proved reserves | 344,000 | |||||||||||||||||||||||
| Percentage of probable reserves that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| The total amount of probable reserves | 1,873,000 | |||||||||||||||||||||||
| Percentage of inferred, indicated and measured resources that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| Describe due diligence practices and procedures with respect to indigenous rights of communities in which it operates or intends to operate |
The Mercedes Mine does not operate in an area located in or near indigenous peoples. |
|||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Corani Project | ||||||||||||||||||||||||
| Percentage of inferred, indicated and measured resources that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
| Total amount of inferred, indicated and/or measured resources | 173,300,000 | |||||||||||||||||||||||
| Percentage of proved reserves that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| The total amount of proved reserves | 20,330,000 | |||||||||||||||||||||||
| Percentage of probable reserves that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| The total amount of probable reserves | 118,253,000 | |||||||||||||||||||||||
| Percentage of inferred, indicated and measured resources that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| Total amount of inferred, indicated and measured resources | 173,300,000 | |||||||||||||||||||||||
| Describe due diligence practices and procedures with respect to indigenous rights of communities in which it operates or intends to operate | Please see attached. | |||||||||||||||||||||||
|
|
||||||||||||||||||||||||
| Corani Due Diligence practices regarding indigenous rights | ||||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Percentage of inferred, indicated and measured resources that are located in or near areas of active conflict | 0.0000% | |||||||||||||||||||||||
| Total amount of inferred, indicated and/or measured resources | 176,735,000 | |||||||||||||||||||||||
|
The value provided reflects the cumulative total tonnage (dry Tonnes) of ore classified as Measured, Indicated or Inferred Mineral Resources at the Corani deposit. |
||||||||||||||||||||||||
| Percentage of proved reserves that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| The total amount of proved reserves | 20,674,000 | |||||||||||||||||||||||
| Percentage of probable reserves that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| The total amount of probable reserves | 120,126,000 | |||||||||||||||||||||||
| Percentage of inferred, indicated and measured resources that are located in or near areas that are considered to be indigenous peoples’ land | 0.0000% | |||||||||||||||||||||||
| Total amount of inferred, indicated and measured resources | 176,735,000 | |||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Mercedes Mine | ||||||||||||||||||||||||
| Discuss practices and list procedures while operating in areas of conflict |
The Mercedes Mine is not located in an area of conflict. |
|||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Corani Project | ||||||||||||||||||||||||
| Discuss practices and list procedures while operating in areas of conflict |
The Corani project is not located in an area of conflict. |
|||||||||||||||||||||||
| Security, Human Rights and Rights of Indigenous People - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Discuss practices and list procedures while operating in areas of conflict |
Bear Creek Mining does not operate nor does it have reserves in an area of conflict. |
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| Community Relations - Mercedes Mine | ||||||||||||||||||||||||
| Artisanal and Small-Scale Mining | ||||||||||||||||||||||||
| Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized) | 0 | |||||||||||||||||||||||
| Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site | 0.0000% | |||||||||||||||||||||||
| Report the associated risks and the actions taken to manage and mitigate these risks |
The Mercedes Mine does not operate in an area where artisanal and small-scale mining (ASM) takes place. |
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| Programs | ||||||||||||||||||||||||
| Report on community relations programs, objectives and achievements in the past 3 years |
The Mercedes Mine has Social Programs whose objective is Sustainable community development: |
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|
1. Community Support. 2. Volunteering. 3. Open Doors Visits. 4. ESR (Socially Responsible Company) Insignia. 5. Educational scholarships. 6. Stakeholder communication. |
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 |
 |
 |
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| Christmas Volunteer | ||||||||||||||||||||||||
| Community Supports | Open Doors Visit | |||||||||||||||||||||||
 |
 |
 |
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| ESR Distinctive. | Educational Scholarships. | School Bus Fuel Support | ||||||||||||||||||||||
| Discuss the processes, procedures, and practices to manage risks and opportunities associated with the rights and interests of communities in areas where it conducts business |
The Mercedes Mine engages and communicates with all interested parties, stakeholders, communities, and owners of the ranches surrounding the operation. |
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| Community Relations - Corani Project | ||||||||||||||||||||||||
| Artisanal and Small-Scale Mining | ||||||||||||||||||||||||
| Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized) | 0 | |||||||||||||||||||||||
| Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site | 0.0000% | |||||||||||||||||||||||
| Report the associated risks and the actions taken to manage and mitigate these risks |
The Corani Project is not located in an area where artisanal and small-scale mining (ASM) takes place. |
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| Programs | ||||||||||||||||||||||||
| Report on community relations programs, objectives and achievements in the past 3 years |
Please see attached, and visit the Company's website for information related to its Corani social programs and objectives, |
|||||||||||||||||||||||
|
Corani Technical Innovation Center Video Bear Creek Social Responsibility and Corani programs |
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|
|
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| Corani social programs photo album | ||||||||||||||||||||||||
| Discuss the processes, procedures, and practices to manage risks and opportunities associated with the rights and interests of communities in areas where it conducts business |
The Company manages social risks and opportunities at the Corani project by maintaining close relationships with communities, engaging in frequent dialogue with community members and leaders; providing full, honest and transparent information at all times, and seeking to resolve conflicts if and as they arise in a mutually satisfactorily manner. |
|||||||||||||||||||||||
| Community Relations - Bear Creek Mining Corporation | ||||||||||||||||||||||||
| Artisanal and Small-Scale Mining | ||||||||||||||||||||||||
| Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized) | 0 | |||||||||||||||||||||||
| Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site | 0.0000% | |||||||||||||||||||||||
| Report the associated risks and the actions taken to manage and mitigate these risks |
There is no artisanal or small-scale mining activity on or adjacent to the Mercedes Mine or the Corani project. |
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| Programs | ||||||||||||||||||||||||
| Report on community relations programs, objectives and achievements in the past 3 years |
Please see attached information related to the Company's ESG practices, including social programs at the Mercedes Mine and Corani Project. |
|||||||||||||||||||||||
|
Please also refer to the Company's social responsibility objectives on its website at the link provided. Bear Creek Mining website - Social Responsibility |
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|
|
||||||||||||||||||||||||
| ESG Disclosure excerpt from Information Circular dated April 17, 2023 | ||||||||||||||||||||||||
| Discuss the processes, procedures, and practices to manage risks and opportunities associated with the rights and interests of communities in areas where it conducts business |
Bear Creek manages the risks and opportunities associated with the rights and interests of communities in which it operates primarily by ensuring it practices fulsome, open, honest, transparent, and frequent communication with communities, community leaders, and individual community members. The Company's community relations teams work hard to establish and maintain a trusting relationship with community members. |
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|
Please see the above attachment for additional details regarding the Company's social programs. |
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| Community Relations - Mercedes Mine | ||||||||||||||||||||||||
| Risks and Opportunities | ||||||||||||||||||||||||
| Disclose the total number of site shutdowns or project delays due to non-technical factors | 0 | |||||||||||||||||||||||
| Disclose the total aggregate duration (in days) of site shutdowns or project delays due to non-technical factors | 0 | |||||||||||||||||||||||
| Community Relations - Corani Project | ||||||||||||||||||||||||
| Risks and Opportunities | ||||||||||||||||||||||||
| Disclose the total number of site shutdowns or project delays due to non-technical factors | 0 | |||||||||||||||||||||||
| Disclose the total aggregate duration (in days) of site shutdowns or project delays due to non-technical factors | 0 | |||||||||||||||||||||||
| Governance | ||||||||||||||||||||||||
| Climate Change | ||||||||||||||||||||||||
| Oversight | ||||||||||||||||||||||||
| Is there board-level oversight of climate-related issues within your organization |
Not currently, but we plan to do so within the next two years |
|||||||||||||||||||||||
|
The Company has established an Operations, Safety and Sustainability Committee that is responsible for oversight of sustainability issues, including climate change, and for reporting these issues to the Board. While the Company recognizes the importance of climate change issues, it has not at this time adopted a formal process for the assessment or management of climate-related issues at the Board level. As the Company continues to develop, it intends to adopt such measures. |
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| Responsibility | ||||||||||||||||||||||||
| Provide the highest management-level position(s) or committee(s) with responsibility for climate-related issues | Sustainability committee | |||||||||||||||||||||||
|
The Company's Operations, Safety and Sustainability Committee oversees, on behalf of the Board, issues related to the Company's operational impact on the environment and communities, including impacts, risks and opportunities related to climate change. The Chief Operating Officer is the highest management-level position with responsibility for sustainability, including climate-related issues. The COO reports directly to the CEO and to the Operations, Safety and Sustainability Committee regarding all sustainability issues. |
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| Nature of primary responsibility |
Assessing climate-related risks and opportunities |
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| Reporting | ||||||||||||||||||||||||
| Frequency of reporting to the board on climate-related issues | As important matters arise | |||||||||||||||||||||||
| Incentives | ||||||||||||||||||||||||
| Do you provide incentives for the management of climate-related issues, including the attainment of targets |
No, and we do not plan to introduce them in the next two years |
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Bear Creek Mining does not currently have a prescriptive executive compensation plan. When making compensation decisions regarding the Company's executives, the Compensation Committee considers the level of responsibility, experience, and skills of the executive, the executive's performance in relation to achievement of the Company's strategic goals, the executive's performance in managing unplanned situations, the financial and operating performance of the Company, and general market conditions and trends relevant to the Company and the mining industry in general. |
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| Risk and Opportunity Management | ||||||||||||||||||||||||
| Does your organization have a process for identifying, assessing, and responding to climate-related risks and opportunities |
No - important but not an immediate business priority |
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The Company's Board of Directors reviews and assesses the Company's potential risks, including those related to climate change, at least annually, which risks are discussed in its Annual Information Form. Specific operational risks, if any, are brought to the attention of the Board if and as they occur or evolve and generally follow the Company's employee, management, executive, Board committee and Board reporting structure. |
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| Risk Assessments | ||||||||||||||||||||||||
| Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your business |
No - risks exist, but none with potential to have a substantive financial or strategic impact on business |
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| Opportunity Assessments | ||||||||||||||||||||||||
| Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business | No | |||||||||||||||||||||||
| Strategy | ||||||||||||||||||||||||
| Have climate-related risks and opportunities influenced your organization’s strategy and/or financial planning | Yes | |||||||||||||||||||||||
| Please refer to attached explanation. | ||||||||||||||||||||||||
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| Influence of climate risks and opportunities on strategy and planning | ||||||||||||||||||||||||
| Water Management | ||||||||||||||||||||||||
| Quality and Quantity Dependency | ||||||||||||||||||||||||
| Rate the importance (current and future) of freshwater quality and quantity to the success of your business | ||||||||||||||||||||||||
| Direct use importance rating | Important | |||||||||||||||||||||||
| Indirect use importance rating | Neutral | |||||||||||||||||||||||
| Rate the importance (current and future) of sufficient quantity of recycled, brackish and/or produced water for the success of your business | ||||||||||||||||||||||||
| Direct use importance rating | Vital | |||||||||||||||||||||||
| Indirect use importance rating | Neutral | |||||||||||||||||||||||
| Risk Assessments | ||||||||||||||||||||||||
| Does your organization undertake a water-related risk assessment | Yes, water-related risks are assessed | |||||||||||||||||||||||
| Select the options that best describe your procedures for identifying and assessing water-related risks | ||||||||||||||||||||||||
| i. Coverage | Full | |||||||||||||||||||||||
| ii. Risk Assessment Procedure |
Water risks are assessed in an environmental risk assessment |
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| iii. Frequency of Risk Assessment | Not defined | |||||||||||||||||||||||
| iv. How far into the future are risks considered | More than 6 years | |||||||||||||||||||||||
| Have you identified any inherent water-related risks with the potential to have a substantive financial or strategic impact on operations | No | |||||||||||||||||||||||
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The Company has not identified any water- related risks through its technical studies undertaken to date for either the Corani project or the Mercedes Mine that would have a substantial financial or strategic impact. However, water-related risks will continue to be evaluated and reviewed. |
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| Opportunity Assessments | ||||||||||||||||||||||||
| Have you identified any water-related opportunities with the potential to have a substantive financial or strategic impact on your business | No | |||||||||||||||||||||||
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The Company has not identified any water- related opportunities through its technical studies undertaken to date for either the Corani project or the Mercedes Mine that would have a substantial financial or strategic impact. However, water-related opportunities will continue to be evaluated and reviewed. |
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| Responsibility | ||||||||||||||||||||||||
| Provide the highest management-level position(s) or committee(s) with responsibility for water-related issues | Sustainability Committee | |||||||||||||||||||||||
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The Company's Operations, Safety and Sustainability Committee oversees, on behalf of the Board, issues related related to the Company's operational impact on the environment and communities, including impacts, risks and opportunities related to water-related issues. The Chief Operating Officer is the highest management-level position with responsibility for sustainability, including water-related issues. The COO reports directly to the CEO and to the Operations, Safety and Sustainability Committee regarding all sustainability issues. Any material water-related issues would be brought to the attention of the Operations, Safety and Sustainability Committee, if, as and when they occur, by the COO or CEO, and reported to the Board. |
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| Policy | ||||||||||||||||||||||||
| Does your organization have a documented water policy |
No, but we plan to develop one within the next 2 years |
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The Company may consider adoption of a formal corporate-level water policy in the future if and as appropriate . |
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| Reporting | ||||||||||||||||||||||||
| Frequency of reporting to the board on water-related issues | As important matters arise | |||||||||||||||||||||||
| Incentives | ||||||||||||||||||||||||
| Do you provide incentives to C-suite employees or board members for the management of water-related issues |
No, and we do not plan to introduce them in the next two years |
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Bear Creek Mining does not currently have a prescriptive executive compensation plan. When making compensation decisions regarding the Company's executives, the Compensation Committee considers the level of responsibility, experience, and skills of the executive, the executive's performance in relation to achievement of the Company's strategic goals, the executive's performance in managing unplanned situations, the financial and operating performance of the Company, and general market conditions and trends relevant to the Company and the mining industry in general. |
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| Strategy | ||||||||||||||||||||||||
| Are water-related issues integrated into any aspects of your long-term strategic business plan |
No, water-related issues not yet reviewed, but there are plans to do so in the next two years |
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| General Disclosure | ||||||||||||||||||||||||
| Governance structure and composition | ||||||||||||||||||||||||
| Describe its governance structure, including committees of the highest governance body; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc. |
The Directors who comprise Bear Creek Mining's Board of Directors are elected or re- elected by the Company's shareholders annually. |
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The Board of Directors oversee Management in its execution of the Company's business goals and strategies. The Board of Directors is the Company's highest governance body. The Company's Board, Committee and Management organizational reporting structure is attached. Bear Creek Mining Corporate Governance Charters and Policies |
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| Bear Creek Mining Board and Management Organizational Structure | ||||||||||||||||||||||||
| List the committees of the highest governance body that are responsible for decision making on and overseeing the management of the organization’s impacts on the economy, environment, and people; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc |
At December 31, 2022 the Company had four standing committees: Audit Committee; Compensation Committee; Nominating and Corporate Governance Committee; and, Operations, Safety and Sustainability Committee. Additional information about the Committees is provided below. |
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The Board of Directors, supported by the Audit Committee, is the governance body that is responsible for making decisions and overseeing Economic and Financial issues. The Operations, Safety and Sustainability Committee is the board committee that is responsible for overseeing Sustainability (Social and Environmental) and Safety issues. The Nominating and Corporate Governance Committee is the board committee that is responsible for overseeing Governance and Diversity issues. Please refer to the Board, Committee and Management organizational reporting structure attached in relation to the question above. |
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| Delegation of responsibility for managing impacts | ||||||||||||||||||||||||
| Describe whether the highest governance body has appointed any senior executives with responsibility for the management of organization’s impacts on the economy, environment, and people e.g., is it part of the Governance structure of the company, the CFO or internal audit reporting to the Board |
The CEO reports to the Board and/or its committees as necessary on matters related to economic, environmental and social topics. |
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| Describe whether the highest governance body has delegated responsibility for the management of impacts to other employees; |
The Company's CEO reports directly to the Board of Directors and is responsible for economic, social and environmental issues. The Company's COO, CFO and VP Corporate Communications report directly to the CEO, and to the board committees as matters arise, on issues related to operations, social and environmental matters, financial and economic matters, and communications and regulatory matters. |
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| Consultation Process | ||||||||||||||||||||||||
| Report the processes for consultations between stakeholders and the highest governance body on economic, environmental and social topics, e.g., for most mining companies it would be the executives and operations and not the Board, and if delegated, explain how | Please refer to the attached response. | |||||||||||||||||||||||
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SEDAR OTC Markets (Bear Creek Mining profile) Bolsa Valores de Lima (Bear Creek Mining profile) |
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| Stakeholder Consultation Process | ||||||||||||||||||||||||
| Governance structure and composition | ||||||||||||||||||||||||
| Describe the composition of the highest governance body and its committees by | ||||||||||||||||||||||||
| Number of executive members | 1 | |||||||||||||||||||||||
| Number of non-executive members | 7 | |||||||||||||||||||||||
| Number of independent members | 6 | |||||||||||||||||||||||
| Less than 3 years of tenure of members on the governance body | 0 | |||||||||||||||||||||||
| 3-6 years of tenure of members on the governance body | 5 | |||||||||||||||||||||||
| 6-9 years of tenure of members on the governance body | 0 | |||||||||||||||||||||||
| More than 10 years of tenure of members on the governance body | 3 | |||||||||||||||||||||||
| Number of other significant positions and commitments held by each member, and the nature of the commitments |
See attached file for information related to each of the Company's directors as of December 31, 2022 |
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| Director Information (December 31, 2022) | ||||||||||||||||||||||||
| Number of Male governance body members | 7 | |||||||||||||||||||||||
| Number of Female governance body members | 1 | |||||||||||||||||||||||
| Number of members from under-represented social groups | 0 | |||||||||||||||||||||||
| Description of competencies relating to economic, environmental, and social topics |
Please refer to the Company's website for profiles of the Company's Directors. |
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| Bear Creek Mining Directors | ||||||||||||||||||||||||
| Description of stakeholder representation |
All of Bear Creek Mining's Directors, who served as a director as of December 31, 2022, hold shares, stock options, restricted share units and deferred share units in the Company. Details are provided in the attached document. |
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None of the shareholders of Bear Creek Mining that own greater than 10% of the issued and outstanding shares of the Company (such shareholding information being to the best of the Company's knowledge, based on publicly available information), nor their affiliates or representatives, hold a seat on the Company's Board of Directors or are an officer, employee or consultant to the Company. |
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| Director holdings of Bear Creek Mining securities (December 31, 2022) | ||||||||||||||||||||||||
| Board Diversity | ||||||||||||||||||||||||
| Do you have a diversity policy and if so, provide details, link to the policy or attach the file |
Bear Creek Mining adopted a Diversity Policy on August 29, 2022. |
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| Bear Creek Mining Diversity Policy | ||||||||||||||||||||||||
| Chair of the highest governance body | ||||||||||||||||||||||||
| Is the chair of the highest governance body is also a senior executive in the organization | No | |||||||||||||||||||||||
| Conflicts of Interest | ||||||||||||||||||||||||
| Describe the processes for the highest governance body to ensure that conflicts of interest are prevented and mitigated |
The Company has a Code of Business Conduct and Ethics that governs its responsibilities regarding conflicts of interest. The Company is also organized under the British Columbia Business Corporations Act ("BCBCA"), which requires any director or senior officer who has a material interest in a contract or transaction that is material to the company (a disclosable interest) must disclose such interest and, if he or she is a director, abstain from voting. |
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Members of the Board of Directors of Bear Creek Mining are required to disclose conflicts of interest including their positions as directors of other public and private companies, and in meetings of the Board or its committees must declare and refrain from discussion or voting on any potential or actual conflict of interest in the business affairs of the Company. As a listed public issuer, the Company is subject to annual third party Financial and Procedural Audit. |
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| Bear Creek Mining Code of Business Conduct and Ethics | ||||||||||||||||||||||||
| Report whether conflicts of interest are disclosed to stakeholders, including, as a minimum, conflicts of interest relating to | Yes | |||||||||||||||||||||||
| Cross-board membership | Yes | |||||||||||||||||||||||
|
The Company's Information Circular includes information related to positions held by its Directors on the boards or in senior management of other public companies. Please refer to Director Information attachment under Board Composition, above. |
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| Cross-shareholding with suppliers and other stakeholders | No | |||||||||||||||||||||||
| Existence of controlling shareholder | Yes | |||||||||||||||||||||||
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The Company's Information Circular discloses information regarding any shareholders owning greater than 10% of the Company's issued and outstanding shares (such information being to the best of the Company's knowledge based on publicly available sources). No member of the Company's Board of Directors or senior management owns a controlling shareholder position in the Company. |
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| Related parties, their relationships, transactions, and outstanding balances | Yes | |||||||||||||||||||||||
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Related third-party transactions are disclosed in the Company's quarterly and annual financial statements and accompanying management's discussion and analysis |
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| Collective knowledge of highest governance body | ||||||||||||||||||||||||
| Report measures taken to advance the collective knowledge, skills, and experience of the highest governance body on sustainable development., e.g., board training |
Bear Creek Mining does not conduct formal board training, including with respect to sustainability matters. However, the Directors of the Company have extensive experience in board and senior management roles at mining companies operating globally. The Company's Nominating and Corporate Governance Committee and Operations, Safety and Sustainability Committee report to the Board on matters related to best practices, and the evolution thereof, in corporate governance, sustainability, and safety. |
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This experience, combined with management's regular reports to the Board on social and environmental matters (via monthly reports and Board and committee meetings) ensures the Board of Directors of the Company are well versed on sustainability issues in general and those specific to the Company. In December 2019 Bear Creek Mining engaged a third party consultant to independently review its Corani project social license and the resulting consultant's report was provided to the Board and posted on the Company's website. |
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| Evaluation of Highest Governance Body | ||||||||||||||||||||||||
| Describe actions taken in response to the evaluations, including changes to the composition of the highest governance body and organizational practices |
As with all of its Board committees, the Company's Operations, Safety, and Sustainability Committee reviews its Charter annually, and reports any material issues, including sustainability matters, to the Board at least annually. The Company discloses information related to economic, social, and environmental matters to shareholders at least quarterly via its financial statements and accompanying management's discussion and analysis, and annually via its Annual Information Form. |
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| Transparency | ||||||||||||||||||||||||
| Describe the role of the highest governance body and of senior executives in developing, approving, and updating the organization’s purpose, value or mission statements, strategies, policies, and goals related to sustainable development |
The Board of Directors, under the advice of the Company's Operations, Safety, and Sustainability Committee, is the highest governance body mandated with assessing and reporting on sustainability matters. On behalf of the Board of Directors, the OSS Committee reviews the Company's ESG disclosure in its Information Circular. |
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The Company has not adopted a Sustainability Policy at this time. |
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| Bear Creek Mining Operations, Safety and Sustainability Committee Charter | ||||||||||||||||||||||||
| Describe the role of the highest governance body in overseeing the organization’s due diligence and other processes to identify and manage the organization’s impacts on the economy, environment, and people |
All economic, environmental, and social topics and their impacts, risks, and opportunities are discussed in Audit Committee and Operations, Safety, and Sustainability Committee meetings, respectively. Any issues requiring action are identified, addressed, and reported to the Board on a regular basis. |
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| Describe whether and how the highest governance body engages with stakeholders to support these processes | Yes | |||||||||||||||||||||||
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In relation to the Company's operations, community relations personnel regularly engage with local community members and senior managers meet with local, regional and national regulatory and governing bodies and report regularly on these interactions to the Company's senior officers. The Company's CEO and senior officers also speak with shareholders and other stakeholders frequently, and report any feedback regarding economic, environmental and social matters to the Board on a regular basis. |
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| Describe how the highest governance body considers the outcomes of these processes |
The Board of Directors relies on senior executives of the Company to manage stakeholder engagement processes. Securities and Exchange regulations require the Company to disclose any material information to the public at large via news releases, which are issued at the direction of the CEO or Chair of the Board and with the knowledge of the Board. |
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| Ethics | ||||||||||||||||||||||||
| Describe the management system and due diligence procedures for assessing and managing corruption and bribery risks internally and associated with business partners in its value chain |
Bear Creek Mining requires all Directors, officers, employees, supply-chain service providers and contractors to comply with the Company's Code of Business Conduct and Ethics and the Company's Anti-Bribery and Anti-Corruption Policy. |
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In 2022, Bear Creek Mining did not register any incidents of corruption or bribery. Código de Conducta BCM SAC Código de Ética empresarial BCM SAC |
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| Bear Creek Mining Code of Business Conduct and Ethics | Bear Creek Mining Anti-Bribery and Anti-Corruption Policy | |||||||||||||||||||||||
| Report net production from activities located in the countries with the 20 lowest rankings in Transparency International’s Corruption Perception Index (CPI) (Saleable tonne) | 0 | |||||||||||||||||||||||
| Anti-Corruption | ||||||||||||||||||||||||
| Communication and Training | ||||||||||||||||||||||||
| i) Total number of governance body members that have received training on anti-corruption, broken down by region | 8 | |||||||||||||||||||||||
| ii.) Total percentage of governance body members that have received training on anti-corruption, broken down by region | 100.0000% | |||||||||||||||||||||||
| Total number and percentage of employees that have received training on anti-corruption, broken down by employee category and region | 742 | |||||||||||||||||||||||
| 1a. Total number of employees that received training on anti-corruption | 742 | |||||||||||||||||||||||
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The Company's employees have been provided with the Company's Anti-Bribery and Anti- Corruption Policy and have each signed acknowledgements that they have read, understood and will comply with this policy. |
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| Total number of employees | 742 | |||||||||||||||||||||||
| 1b. Total percentage of employees that received training on anti-corruption | 100.0000% | |||||||||||||||||||||||
| 2b. Percentage of senior employees that received training on anti-corruption | 100.0000% | |||||||||||||||||||||||
| 3b. Percentage of middle management employees have received training on anti-corruption | 100.0000% | |||||||||||||||||||||||
| 4b. Percentage of technical employees that received training on anti-corruption | 100.0000% | |||||||||||||||||||||||
| 5b. Percentage of production employees that received training on anti-corruption | 100.0000% | |||||||||||||||||||||||
| 6b. Percentage of administrative employees that received training on anti-corruption | 100.0000% | |||||||||||||||||||||||
| General Disclosure | ||||||||||||||||||||||||
| Remuneration | ||||||||||||||||||||||||
| Describe how the remuneration policies for members of the highest governance body and senior executives relate to their objectives and performance in relation to the management of the organization’s impacts on the economy, environment, and people | Please refer to the attached response. | |||||||||||||||||||||||
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| Description of Remuneration Policies | ||||||||||||||||||||||||
| How the views of stakeholders (including shareholders) regarding remuneration are sought and taken into consideration |
Bear Creek's CEO and other members of senior management hold frequent meetings with the Company's investors and other stakeholders and encourage stakeholders to provide feedback regarding any aspect of the Company's operations and management. Concerns regarding the Company's executive or Director compensation have not been raised. Bear Creek Mining has not adopted a "Say on Pay" policy or mechanism, however, extensive information related to remuneration paid to executives and Directors (who are elected or re-elected by shareholders annually) is provided in the Company's Information Circular. |
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| Report the results of votes of stakeholders (including shareholders) on remuneration policies and proposals, if applicable |
All matters related to remuneration policies and proposals are reviewed by Bear Creek Mining's Compensation Committee and approved by the Board of Directors. Please see additional details below and the news release attached. |
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The Company has a 10% "Rolling" Stock Option Plan approved by the Board of Director in 2022 that, in accordance with TSX-V regulations, requires annual shareholder approval or re-approval. The Stock Option Plan is used, at the discretion of the Board, to provide long-term incentive awards to eligible participants (including directors, officers, employees and consultants). At the Company's 2022 AGM a resolution to re-approve the Stock Option Plan was passed by shareholders of the Company. News Release June 9, 2022 re AGM Results |
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| Stakeholder Engagement | ||||||||||||||||||||||||
| Report the purpose of the stakeholder engagement | Please refer to the attached response | |||||||||||||||||||||||
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| Stakeholder Consultation Process | ||||||||||||||||||||||||
| Anti-Corruption | ||||||||||||||||||||||||
| Confirmed Incidents and Response | ||||||||||||||||||||||||
| Total number and nature of confirmed incidents of corruption | 0 | |||||||||||||||||||||||
| i) Total number of Bribery cases | 0 | |||||||||||||||||||||||
| ii) Total number of Lobbying cases | 0 | |||||||||||||||||||||||
| iii) Total number of Extortion cases | 0 | |||||||||||||||||||||||
| iv) Total number of Cronyism cases | 0 | |||||||||||||||||||||||
| v) Total number of Nepotism cases | 0 | |||||||||||||||||||||||
| vi) Total number of Parochialism cases | 0 | |||||||||||||||||||||||
| vii) Total number of Patronage cases | 0 | |||||||||||||||||||||||
| viii) Total number of Influence peddling cases | 0 | |||||||||||||||||||||||
| ix) Total number of Graft cases | 0 | |||||||||||||||||||||||
| x) Total number of Embezzlement cases | 0 | |||||||||||||||||||||||
| Tax | ||||||||||||||||||||||||
| Describe the approach to stakeholder engagement and management of stakeholder concerns related to tax, including: | ||||||||||||||||||||||||
| i. The approach to engagement with tax authorities |
The Company adheres to all tax laws and regulations in the regions in which it operations (nationally, provincially and locally). The Company adopts a pro-active approach to both present and potential tax legislation. The Company engages with stakeholders on a regular basis to explain the tax, royalty and government frameworks and their impacts on the Company's operations. The Company considers all stakeholder concerns if any are raised. |
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| ii. The approach to public policy advocacy on tax | Please see explanation above. | |||||||||||||||||||||||
| iii. The processes for collecting and considering the views and concerns of stakeholders, including external stakeholders | Please see explanation above. | |||||||||||||||||||||||
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| , Planet Earth's complete ESG reporting solution. | ||||||||||||||||||||||||
