Our Social Mission
One of the principal objectives which encompass the way we and our partner operate is to work with local and existing mining communities to improve the safety, environmental impact and well-being of the community as a whole.
In spite of all the economic progress and optimism for Peru, there are still underdeveloped regions and even incredible poverty in some places. From nutrition to healthcare, many Peruvians are suffering deeply. We believe it is an integral part of our morality as a company that we must take on our social responsibilities.
Our operating partner recently sponsored a trip to the beach for over 400 children. It is our goal to support the community in matters of healthcare, education, child support and activities for families, not only for our workers, but for the entire community.
Ore 2 Gold can help a community to grow and sustain itself. For example, a local mining community can secure funding to expand their food crops. Farmers and part time miners extract low amounts of ore and in some cases process it using local makeshift mercury processing plants; which are both extremely dangerous and hazardous to the environment. The required investment for their crops is negotiated in return for a joint venture arrangement on the mine.
As a result, ore is no longer processed at the dangerous mercury processing environment. Instead it is shipped and processed to our high capacity CIP processing plant nearby.
Furthermore, investment in infrastructure means that there will be continuous income paid under a joint venture arrangement, throughout the life of the mine. Without such an arrangement, the process would continue to be slow and frustrating for the local artisan miners.
Another example is the INTIGOLD Tailings Project – A tailings ‘clean up’. When gold was under $200 an ounce, it was not profitable to process huge amounts of minerals that were extracted. As a result, millions of tons of tailings were left by early miners all around Peru. Under this project, the grade is 9 grams per ton and at the current market price, this is definitely a profitable venture to process this mineral. To buy a proven resource from a community such as this, no investment in infrastructure is required so a simple purchase agreement with the local owners would be made.
The federal government is in support of companies like Ore 2 Gold Limited, because it is able to legalise smaller mines (producing $3b annually in untaxed profits to small miners). Coupled with tax entitlements from the current mining boom, Ore 2 Gold Limited are in a perfect position to facilitate profits to miners and partners.