Expand gold reserves and resources on the Kyzyl Shear
Develop, Commercialize and Expand ProductionSustainable Growth
Altynalmas Gold Ltd Strategy
Delivering a World Class Sustainable Project
Sustainable Mining
Proactive Community and Social Consultation.Social Responsibilities Development of Business Sustainable Projects
Skills Training and Developing to Sustain Growth
On the Job In Schools Universities
Implement International Standards
Safety Environment Community
Altynalmas Gold - CSR ProcessThe basis of the sustainability approach of the operation would be to ensure:
• Ensure compliance of with the highest international operating standards and the laws of the Republic of Kazakhstan;
• Incorporate Risk Management in all phases of design, construction, operations and closure planning;
• Adopt and Utilize world class technology in all aspects of the operation to enhance operational safety;
• Provide training, mentoring and development for our present and employees, and
• Implementation of sustainable projects within the local and district communities in consultation with the community, independent specialist groups and the company.
CSR Process - Implemented1. ESHIA2. Memorandum’s of Understanding with communities who are in closest
proximity to the mine and most affected by the Company’s operations: Includes community development projects
3. Capacity building is done through joint –programming with international and national NGO’s targeting areas of need for the local area, district, region and country Mother and child health Youth support strategies
4. Scholarships provided by the Company, employee up-grading programs and training programs
5. Effectively engaging the local community and stakeholders through consultation and effective two-way flow of communication
CSR Process - Implementedi. Community Enhancement Projects
– Undertake essential upgrades to social service infrastructure within the community. The Community Projects will include the heating plant, water treatment plant and sewage plant with total costs of approximately $1 million.
ii. Community Business Development
International Laboratory in negotiation to set up new independent facility, which will be the first and only ISO Certified Laboratory in Kazakhstan, will also undertake assaying work for other non related parties;
Project Development Timeline
April 2011
Completion of Feasibility Study
Q4 2013
Production
Q3 2013
Commissioning
Q2 2011
Start Construction
Q 1 2011
Critical path equipment orders
July 2010
Project Permitting Commences
March 2012
U/G Development
July 2011
World Bank / IFC ESIA Completed Project Funding
Concluded Dec 2011
Altynalmas Gold’s vision is to be a profitable gold producer through the integration of the Equator Principles that will create consistent value for all our employees, stakeholders and shareholders
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