RESPONSIBILITY

 Corporate Responsibility in Mineral Development

AT MUNDORO, WE ARE COMMITTED TO WORKING WITH OUR STAKEHOLDERS TO ACHIEVE RESPONSIBLE EXPLORATION AND DEVELOPMENT OF OUR PROJECTS. WE SEEK TO CONTRIBUTE TO THE SUSTAINABLE DEVELOPMENT OF THE COMMUNITIES IN WHICH WE WORK. OUR CORE ACTIVITIES ARE GUIDED BY THE FOLLOWING PRINCIPLES:

ENVIRONMENT AND SOCIETY

We apply environmental and social best management practices in the planning, design and implementation of our exploration and development activities. We meet or exceed regulatory requirements in the jurisdictions in which we work. We strive to use land, water and energy resources responsibly; strive to maintain the integrity and diversity of ecological systems; and apply innovative approaches to land use.

COMMUNITY AND GOVERNMENT RELATIONS

We establish beneficial local partnerships to contribute to achieving development goals identified by communities in which we work, to address local priorities and concerns, and to have communities derive substantive benefits from our activities. We engage with government communities, indigenous peoples, organizations, groups and individuals on the basis of respect, fairness, transparency, and meaningful consultation.

LABOUR, HEALTH AND SAFETY

We provide fair treatment, non-discrimination and equal opportunity for our employees, and comply with labour and employment laws in the jurisdictions in which we work. We respect human rights principles, as well as local cultures, customs and values, in our dealings with employees, communities and other stakeholders. We operate in a responsible manner so that our activities protect the health and safety of our employees and contractors, and of the communities in which we work.

At Mundoro, we assess the financial, social and environmental benefits and risks of our business decisions. Mundoro’s operations are being conduced according to fundamental principles of positive social engagement and environmental impact minimization. The company is striving to be an industry leader in this respect, adopting a “best practices” approach to all of its activities and thereby earning the acceptance of its host communities. Our goal is international best practice in all our operations.

 

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SERBIA

COMMUNITY INVESTMENT PROGRAM

Mundoro has projects located in the municipalities, Kucevo and Boljevac where every year folklore festivals are organized. These festivals present cultural heritage of the local inhabitants, trough traditional folklore dancing, concerts, traditional singing and traditional food.
Mundoro has supported the Festival Crnorecje (Boljevac) in 2014 and 2015, and theFestival Homoljski motivi (2012, 2013, 2014, 2015).
In 2014 Mundoro Capital also supported the local community of Savinac (Boljevac municipality) in repairing the local roads.

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BULGARIA

COMMUNITY ENGAGEMENT AND INVOLVEMENT

Mundoro is committed to staying engaged with the communities in the areas around our projects in order to work cooperatively towards the discovery and responsible development of new deposits and mines. After consultation with the local community, Mundoro committed to providing financial assistance in order to help fund the renovation of the local medical clinic in the town of Mineralni Bani.  Mundoro will be spending BGN 60,000 per year for three years on this program.  The renovation work began in 2014 and is now into the second year of the program.  The clinic is anticipated to reopen in the second half of 2015.

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CHINA

COMMUNITY INVESTMENT PROGRAM
Mundoro developed a comprehensive community development program in the surrounding areas of its Maoling Gold Project in Liaoning Province. The rural environment has basic infrastructure such as paved roads, grid-connected electrical service and communications. Mundoro worked with community leaders to provide further development in a variety of areas including basic sanitation, the provision of fresh water, local medical service improvements as well as assistance for scholastic and professional development.