Fosterville Gold Mine
Social Responsibility Strategy

The Fosterville Gold Mine Social Responsibility Strategy positions the organisation to continue to grow a positive legacy in the communities in which it operates.

The Social Responsibility Strategy guides ongoing investment into communities through sponsorship, donations, scholarships and an existing grants program. The Five Pillars of Social Responsibility provides a guideline to determine which organisations or projects Fosterville Gold Mine will contribute to or partner with, while maintaining a balanced, diverse and equitable program.

The ambition of Fosterville Gold Mine is to ensure every interaction with communities and with stakeholders is positive and aligned with the organisation’s values.

To further our commitment to Social Responsibility, Agnico Eagle Mines endeavours to:

  • Meet or Exceed all applicable laws, regulations and Agnico Eagle Mines company standards.
  • Acknowledge cultural and other human rights and ensure all levels of the workforce understand and respect such rights.
  • Integrate social responsibility into our decisions and activities.
  • Act Ethically and Respectfully regarding Indigenous rights, cultural beliefs and aspirations.
  • Understand, encourage and promote cross-cultural awareness.
  • Engage our stakeholders regarding their values in connection with the development, operation and closure of mineral projects.
  • Communicate openly and honestly with respect to the Company’s performance in a timely manner.
  • Maintain ongoing dialogue based on transparency, respect and good faith.

To fulfil our commitment to social responsibility, we will aim to continually improve our performance by regularly:

  • Reviewing objectives and targets;
  • Engaging with our employees and stakeholders to find improvements that benefit both local and economic development and our shareholders;
  • Identify and managing significant social impacts, risks and opportunities;
  • Measuring and reporting performance transparently against objectives and targets; and
  • Communicating this policy to our employees, contractors, suppliers and visitors while also making it available to the public.

OUR FIVE PILLARS

Our responsibility towards the community and environment in which we operate

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Social

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Sustainability

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Community

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Education

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Economic
Development

PURPOSE OF OUR PILLARS

To evaluate the impact of Fosterville Gold Mine’s contribution, using indicators of success against each pillar’s goal.

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Social

The purpose of the Social Pillar is to enhance social relationships, diversity, healthcare and wellbeing.

Social Strategy
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Sustainability

The purpose of the Sustainability Pillar is to support the restoration and improvement of our local cultural heritage, environment and biodiversity, and promote responsible custodianship of the landscape.

Sustainability Strategy
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Community

The purpose of the Community Pillar is to support communities to build upon their capacity in people, place and buildings.

Community Strategy
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Education

The purpose of the Education Pillar is to improve education & training pathways to generate future opportunities.

Education Strategy
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Economic Development

The Economic Development Pillar is to enhance capacity of our region to grow business, employment and innovation for long-term prosperity.

Economic Development Strategy