Marlin Project Montana Exploradora de Guatemala, S.A. June 1, 2005.
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Transcript of Marlin Project Montana Exploradora de Guatemala, S.A. June 1, 2005.
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Marlin Project Montana Exploradora de Guatemala, S.A.
June 1, 2005
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Marlin Project & Development
• San Miguel Ixtahuacán and Sipacapa are two of the ten poorest municipalities.
• 70,000, predominately indigenous Mam & Sipacapense peoples.
• Annual migration to coast or Chiapas.• Need for non-farm rural employment.• What are the development options?
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Permits & Licenses
• Exploration began in 1996.
• The Environmental Impact & Social Study according to MARN (Ministry of Environment) regulations.
• EIA&S contained consultation and review.
• Exploitation license - 2003.
• Compliant - ILO 169 & IFC safeguards.
• Social license is not a formal document.
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Community Relations Group
• CRG employees from the surrounding communities and San Marcos.
• Liaison with neighboring communities.
• Provide information about Marlin. • Listen to the communities and
respond to questions and proposals.
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Community Relations Group
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Local Communities at Marlin
COMUDES SIPACAPAXEABAJ
CENTRO DE SALUD CONSEJO MUN SIPACAPA
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Sharing Information
• 209 Community Visits to talk with 12,913 persons.
• 260 Visits to Marlin by 4,439 persons.
• 16 trips to the San Martin Mine in Honduras by 202 persons.
[2003 through March/April 2005]
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Montana Exploradora Values
• Low cost, efficient mining process with international standards.
• Transparency.
• Corporate Responsibility.
• Environmental Stewardship.
• Sustainable Development.
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Transparency• Publicly released the 2004 Environmental
and Social Performance Annual Monitoring Report (AMR) to the IFC on the internet.
• All taxes & royalties publicly disclosed.• Glamis Gold is traded on the Toronto and
New York stock exchanges and meets all Canadian and U.S. disclosure requirements.
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Corporate Responsibility
• Working with CentraRSE, Guatemala and BSR -Business for Social Responsibility.
• Employee well-being and success.• Respectful relationship with neighbors.• Formulation of Standards and Code of
Ethics with CentraRSE and other companies.
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Environmental Stewardship• Internationally approved Environmental
Impact and Social Study.• Compliance with international and national
environmental standards.• The MARN does a quarterly inspection.• Internal and IFC audits. • Support for environmental monitoring at
different levels: internal, international, national and local.
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Environment - Water
• 85% of the water is recycled from tailings impoundment.
• 15% is make-up water from 1,000 foot deep well.
• Community water sources not related to Marlin well.
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Environment - Cyanide
• The Marlin Project follows the International Cyanide Code.
• Cyanide recycled in a two-part closed circuit.
• INCO Cyanide destruction technology before discharge to tailings.
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Royalties, Taxes, & Expenditures
• $14 million+ over the mine’s life in royalties.• $54 million in income taxes starting 2008.• $ 6 million in property & social security taxes.• $4.8 million payroll in 2004;
84% goes to Guatemala residents.• $33 million to Guatemalan companies (‘04).• $500 million+ project expenditures in
Guatemala during the Marlin Project.
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Meetings - Local Communities
CARRIZAL
SAN JOSÉ IXCANICHESIPACAPA
CANOJEL TRIUNFO
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Community Projects
• Potable Water.• Principal roads, bridges & community
roads.• Social Infrastructure Projects • 8 teachers 2004, 37 teachers in 2005.• Adult literacy.• 70 Student scholarships in 2004.• Teaching materials.• 2003 through March 2005 =
Q/. 5,922,473. (~ US $780,000)
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San Marcos Projects
• Montana Exploradora intends to create a $5 million trust fund.
• The use of the annual interest from the trust fund will benefit the San Marcos Department.
• The mechanisms for operation are under discussion.
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Stakeholders Process
• Montana is committed to a community-centered, participatory sustainable development plan.
• Montana plans to commit resources to a sustainable development plan contingent on commitments by other stakeholders.
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Fundación Sierra Madre
• Non-Profit NGO.• Created by Citizens Development
Corps (CDC) and Montana Exploradora, S.A.
• Works in San Miguel Ixtahuacán & Sipacapa.
• $400,000 annually from Montana.• FSM will receive Marlin Project lands.
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Project ConcernInternational
Glamis Gold & Montana
Exploradora
CitizensDevelopment Corps
IFC (Grant)
FAFIDESS
INTECAP(Guatemala government
training institute)
FundacionSierra Madre
Integrated CommunityDevelopment Program (ICDP)
Other NGOs
Economic Opportunity & Micro-finance
TrainingHealth
APROSAMI
AgroforestryMunicipal Strengthening
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Working to Improve
• Increase information sharing with neighboring communities.
• Additional information for NGOs and other stakeholders outside of area.
• Opportunities for Dialogue.• Stakeholders Process.
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Montana Exploradora Employees
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Sierra Madre and Cuchamatanes Dawn for a Bright Future