Central Asia Metals PLC Publication of 2019 Sustainability Report (4144K)
April 22 2020 - 1:00AM
UK Regulatory
TIDMCAML
RNS Number : 4144K
Central Asia Metals PLC
22 April 2020
22 April 2020
CENTRAL ASIA METALS PLC
('CAML', the 'Company' or the 'Group')
Publication of 2019 Sustainability Report
CAML announces that it has today published its first
Sustainability Report, which covers its activities for the year
ended 31 December 2019, corporately, and at the Kounrad dump leach,
solvent extraction and electro-winning ('SX-EW') copper recovery
plant in Kazakhstan ('Kounrad') and the Sasa zinc-lead mine in
North Macedonia ('Sasa').
The report is available to view on the Company's website at:
https://www.centralasiametals.com/investors/reports-and-presentations/
This is the first standalone Sustainability Report that CAML has
published, and it includes the Group's approach to transparent
business conduct, maintaining safe operations, maximising the value
it creates for stakeholders and its efforts to minimise negative
environmental or social impacts.
The following key achievements are noted within the 2019
Sustainability Report:
-- CAML lost time injury frequency rate ('LTIFR') of 0.42 (2018: 3.76)
o One lost time injury ('LTI') at Sasa (2018: six)
o Zero LTIs at Kounrad (2018: two)
-- CAML total recordable injury frequency rate ('TRIFR') of 0.85 (2018: 3.76)
o Two recordable injuries ('TRI') at Sasa (2018: six)
o Zero TRIs at Kounrad (2018: two)
-- 2019 CAML social spend of $0.6 million (2018: $0.6 million)
-- 99% of CAML site employees and contractors are from the two countries of operation
-- Zero 2019 air quality breaches at either operation
-- Zero 2019 significant spills at either operation
-- 43% reduction in 2019 net water consumption at Sasa due to an effective recycling initiative
Nigel Robinson, Chief Executive Officer, commented:
"As a Group, we have always taken our social responsibilities
seriously, and have for many years provided commentary on what we
previously referred to as our Corporate Social Responsibility
('CSR') activities in our Annual Reports. However, we have become
increasingly aware of the requirement for additional quantitative
disclosure regarding our sustainability efforts and
achievements.
"I believe our first report accurately reflects the importance
we place upon sustainability in every aspect of our business. While
we strive for zero-harm, we are able to report a very low LTIFR by
industry standards. We report zero significant spills or air
quality exceedances, and we have continued to develop our employees
and to look after the communities close to our operations.
"We appreciate that reporting of sustainability related matters
will be an evolving process, and we have committed to providing
annual sustainability reports going forward. We anticipate many
areas for continued improvement in our reporting and welcome
feedback from our various stakeholders."
For further information contact:
Central Asia Metals Tel: +44 (0) 20 7898 9001
Nigel Robinson, CEO
Gavin Ferrar, CFO
Louise Wrathall, Director of Corporate louise.wrathall@centralasiametals.com
Relations
Peel Hunt (Nominated Advisor and Tel: +44 (0) 20 7418 8900
Joint Broker)
Ross Allister
David McKeown
BMO Capital Markets (Joint Broker) Tel: +44 (0) 20 7236 1010
Thomas Rider
Neil Elliot
Blytheweigh (PR Advisors) Tel: +44 (0) 20 7138 3204
Tim Blythe
Megan Ray
Rachael Brooks
Note to editors:
Central Asia Metals, an AIM-listed UK company based in London,
owns 100% of the Kounrad SX-EW copper project in central Kazakhstan
and 100% of the Sasa zinc-lead mine in North Macedonia.
For further information, please visit: www.centralasiametals.com
and https://twitter.com/CamlMetals
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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