Mr. Brandon Rook reports
Batero Gold Corp. is releasing its 2012 corporate social responsibility report. In addition to its work to move the La Cumbre oxide deposit toward production and explore the remaining 60 per cent of the company's concessions, Batero has also worked to support a variety of continuing social initiatives in the communities that surround its Batero-Quinchia deposit. Multiple components of these programs are integral to the permit process.
"At Batero Gold, corporate social responsibility is not something we carry out on the margins. Instead, it's an approach that's at the very centre of our operating philosophy," stated Brandon Rook, Batero Gold's president and chief executive officer. "We believe that we can best deliver value to our shareholders when we initiate key aspects of the permitting process at an early stage. It's vital that our host communities view our business as a partner rather than as a threat."
As a result of this philosophy, CSR is incorporated into every stage of the company's exploration and development operations. The company aims for win-win outcomes that both benefit its host communities and create value for its investors. This approach not only makes common sense, it makes business sense.
An example of this is the innovative Farms for the Future program, which Batero developed to exchange farmers' existing lands at the project for more productive farmland in an adjacent valley. This not only allowed the farmers to continue doing what they knew best, but also provided them with better land that produced better yields and substantially higher incomes. This program has created the best possible conditions for families that wish to voluntarily sell their lots to the company. The program has also been key to Batero acquiring 100-per-cent ownership of the surface rights above the La Cumbre deposit.
The 2012 corporate social responsibility report details a range of important programs that Batero has initiated to strengthen its social licence and build support for its exploration operations in the local region. Continuing aspects of the Batero CSR program that relate to the permitting process and encompass key technical, socio-economic and environmental baseline studies include:
- Census-level socio-economic and community studies;
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Water, air, flora, fauna and landscape studies;
- Archeology studies;
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Geology, geomorphology, geotechnical and soil studies.
The company is very proud to both provide an update on these initiatives and invites you to read its full report at the Batero website.
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