Coeur Publishes 2021 ESG Report
27 Abril 2022 - 5:30PM
Business Wire
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE) today
published its 2021 ESG Report (the “Report”), highlighting the
Company’s progress in advancing its environmental, social and
governance practices and responsible mining operations. The Report
details the Company’s commitment to transparently disclosing its
public targets, maintaining best-in-class corporate governance
practices and having a positive environmental and social impact
while generating long-term value for stockholders.
Report Highlights:
- Health and safety – Coeur advanced its safety-first
culture by launching its Critical Risk Management (“CRM”) program
to all levels of the organization, helping the Company achieve a
12% decrease in the three-year trailing average in total reportable
injury frequency rate. The CRM serves as a framework of tools and
processes to help identify, reduce, control and eliminate high-risk
exposures.
- COVID-19 mitigation – The National Institute for
Occupational Safety and Health (NIOSH), a division of the Centers
for Disease Control and Prevention, recognized Coeur for its
cross-functional, technology-based COVID-19 response plan by
granting the Company the2021 Mine Safety and Health Technology
Innovations Award.
- Environmental stewardship – Coeur increased its
Greenhouse Gas (“GHG”) emissions target to a 35% reduction in net
intensity by the end of 2024 compared to a 25% reduction in net
intensity by the end of 2025 as published in Coeur’s 2020
Responsibility Report.
“ESG is core to our business and integrated into our operations,
activities and strategic decision making,” said Mitchell J. Krebs,
President and Chief Executive Officer. “Our strengthened GHG
emissions net intensity reduction target is a meaningful step
forward in our leadership position in terms of target-setting,
disclosure and performance. We are committed to continuously
enhancing the transparency and accountability of our ESG goals and
evolving our practices to be an industry leader by safely and
responsibly discovering and producing the raw materials vital for
today’s modern society and generations to come.”
Elements of the Sustainable Accounting Standards Board (SASB)
reporting framework for the Metals and Mining Industry, the Task
Force on Climate-related Financial Disclosures (TCFD)
recommendations, the United Nations Sustainable Development Goals
(SDGs) and the Global Reporting Initiative (GRI) are incorporated
into the Report.
A copy of the Report and all ESG data tables can be found on the
Responsibility section of the Company’s website:
https://www.coeur.com/responsibility/responsibility-overview/.
About Coeur
Coeur Mining, Inc. is a U.S.-based, well-diversified, growing
precious metals producer with four wholly-owned operations: the
Palmarejo gold-silver complex in Mexico, the Rochester silver-gold
mine in Nevada, the Kensington gold mine in Alaska and the Wharf
gold mine in South Dakota. In addition, the Company wholly-owns the
Silvertip silver-zinc-lead development project in British Columbia
and has interests in several precious metals exploration projects
throughout North America.
Cautionary Statements
This news release contains forward-looking statements within the
meaning of securities legislation in the United States and Canada,
including statements regarding the Company’s ESG goals, efforts,
achievements and strategies. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors
which may cause Coeur’s actual results, performance or achievements
to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Such factors include, among others, the risk that
anticipated ESG goals are not attained, the risks and hazards
inherent in the mining business (including risks inherent in
developing large-scale mining projects, environmental hazards,
industrial accidents, weather or geologically-related conditions),
changes in the market prices of gold, silver, zinc and lead and a
sustained lower price or higher treatment and refining charge
environment, the uncertainties inherent in Coeur’s production,
exploratory and developmental activities, including risks relating
to permitting and regulatory delays (including the impact of
government shutdowns), ground conditions and, grade and recovery
variability, any future labor disputes or work stoppages (involving
the Company and its subsidiaries or third parties), the
uncertainties inherent in the estimation of mineral reserves,
changes that could result from Coeur’s future acquisition of new
mining properties or businesses, the loss of access or insolvency
of any third-party refiner or smelter to which Coeur markets its
production, the potential effects of the COVID-19 pandemic,
including impacts to the availability of our workforce, continued
access to financing sources, government orders that may require
temporary suspension of operations at one or more of our sites and
effects on our suppliers or the refiners and smelters to whom the
Company markets its production and on the communities where we
operate, the effects of environmental and other governmental
regulations and government shut-downs, the risks inherent in the
ownership or operation of or investment in mining properties or
businesses in foreign countries, Coeur’s ability to raise
additional financing necessary to conduct its business, make
payments or refinance its debt, as well as other uncertainties and
risk factors set out in filings made from time to time with the
United States Securities and Exchange Commission, and the Canadian
securities regulators, including, without limitation, Coeur’s most
recent report on Form 10-K. Actual results, developments and
timetables could vary significantly from the estimates presented.
Readers are cautioned not to put undue reliance on forward-looking
statements. Coeur disclaims any intent or obligation to update
publicly such forward-looking statements, whether as a result of
new information, future events or otherwise. Additionally, Coeur
undertakes no obligation to comment on analyses, expectations or
statements made by third parties in respect of Coeur, its financial
or operating results or its securities. This does not constitute an
offer of any securities for sale.
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version on businesswire.com: https://www.businesswire.com/news/home/20220427006029/en/
Investor Contact Jeff Wilhoit, Director, Investor Relations
312-489-5800 Media Contact Donna Sabido, Manager, Corporate
Communications 847-962-7630
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