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African Gold Group outlines corporate responsibility initiatives as it moves closer to production in Mali

The firm is close to starting production at its flagship Kobada gold project in the southern part of the country

African Gold Group, Inc. -
Its program is built around the United Nations Sustainable Development Goals and take into account the environment, social responsibility and health and safety

African Gold Group Inc (CVE:AGG) revealed its corporate social responsibility approach on Thursday ahead of the start of construction on its flagship Kobada mine in Mali.

“As a mining company operating in Africa, AGG recognizes its responsibility to adhere to the highest standards and is committed to creating sustainable long-term value for all of its stakeholders,” the Canadian company said in a statement.

Its program is built around the United Nations Sustainable Development Goals and takes into account the environment, social responsibility and health and safety, it told shareholders.

READ: African Gold Group confirms gold mineralization at Gosso shear zone on the prolific Kobada project in Mali

On the environmental front, will build and install an efficient hybrid power plant containing solar panels, thermal generators and battery energy storage for an estimated annual power reduction of 22% or around US$5 million over conventional thermal power systems.

Its tailings facility will be specially designed to minimize the operation’s environmental impact, the firm added, and the group will aim to recycle and treat water in order to return clean water to local communities in southern Mali.

Socially, AGG said it will provide opportunities wherever possible to mentor local labour into permanent skilled positions, including both men and women, and create a digital supply chain map to allow for transparency and security.

The company will also refurbish infrastructure such as roads and bridges around the project between local communities and the capital city of Bamako.

As for health and safety, AGG plans to build onsite medical facilities and refurbish local clinics and continue its malaria prevention and control program, which includes insecticides, elimination of mosquito breeding grounds, and bed nets, as well as access to malaria medication.

The firm is also developing educational training plans for employees.

Kobada could produce more than 100,000 ounces of gold per year over a 10 year plus mine life.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

Quick facts: African Gold Group, Inc.

Price: 0.175 CAD

TSX-V:AGG
Market: TSX-V
Market Cap: $26.07 m
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