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Bullboard - Stock Discussion Forum GoGold Resources Inc T.GGD

Alternate Symbol(s):  GLGDF

GoGold Resources Inc. is a Canada-based silver and gold producer. The Company is principally engaged in the exploration, development, and production of silver and gold in Mexico. It is focused on operating, developing, exploring and acquiring projects in Mexico. The Company operates the Parral Tailings mine (Parral) located in the state of Chihuahua, Mexico, and the Los Ricos district... see more

TSX:GGD - Post Discussion

GoGold Resources Inc > GoGold Presents its 2023 Sustainability Report
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Post by sosgood1 on May 23, 2024 6:14pm

GoGold Presents its 2023 Sustainability Report

 
 

GoGold Presents its 2023 Sustainability Report

 
 
Halifax, NS – GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF) (“GoGold”, “the Company”) is pleased to present its fourth annual Sustainability Report that sets out the Company’s performance and achievements with respect to its environmental, social and governance (“ESG”) practices.  The Company is steadfastly committed to responsible mining practices, prioritizing safety, environmental responsibility, and benefits for local communities.

“We’re pleased to release our fourth annual Sustainability Report which outlines our performance and achievements related to ESG practices.   Silver continues to be a metal that is a key component of the emerging green economy.  Our partnership with the Town of Parral to help remediate their land produces silver at a low carbon footprint of 0.006 tons of carbon dioxide equivalent (“tCO2e”) per ounce of silver equivalent produced,” said Brad Langille, President and CEO.  “We believe the work our ESG team have been doing at Los Ricos South has been instrumental in establishing our partnership with the local community.  We will continue on this path as we advance Los Ricos South towards production.”

“We’re pleased to release our fourth annual Sustainability Report which outlines our performance and achievements related to ESG practices.   Silver continues to be a metal that is a key component of the emerging green economy.  Our partnership with the Town of Parral to help remediate their land produces silver at a low carbon footprint of 0.006 tons of carbon dioxide equivalent per ounce of silver equivalent produced” 
- Brad Langille, President and CEO 
Highlights of the Report:
  • Energy consumption decrease of 44% compared to prior year, including a 25% decrease at Parral.
  • Decreased carbon dioxide emissions by 38% compared to the previous year.
  • 0.006 tCO2e per oz of silver equivalent produced at Parral.
  • 0.006 tCO2e per tonne of ore processed.
  • Increase of over 8% in safety and professional development training to over 12,000 hours.
  • Awarded the ESR distinction (Empresa Socialmente Responsables – Corporate Social Responsibility)
  • $17.2 million USD spent in local purchases, including $422,000 in community investment.
  • Donation of 600 machine hours to nearby towns in order to help with local infrastructure.
  • Social impacts in nearby communities include providing food packages to elderly, educational and sports supplies to local children and medical attention to residents.
The full update is available for download at www.gogoldresources.com/sustainability/

The Sustainability Report addresses ESG issues, detailing the performance and results of the Company from January 1 to December 31, 2023. The methodology and approach used in the report were based on the Global Reporting Initiative guidelines. 

GoGold is dedicated to supporting the United Nations Sustainable Development Goals (“SDGs”) by prioritizing them in line with GoGold’s four core principles: safety and health, environmental conservation, work environment, and community engagement. The SDGs are a critical part of the United Nations' 2030 Sustainable Development Agenda, and the Company’s actions directly and indirectly impact each. GoGold is committed to enhancing its efforts to promote sustainable development and to engage Company stakeholders in planning and decision-making.
“We believe the work our ESG team have been doing at Los Ricos South has been instrumental in establishing our partnership with the local community.  We will continue on this path as we advance Los Ricos South towards production.”
- Brad Langille, President and CEO
About GoGold Resources
GoGold Resources (TSX: GGD) is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high quality projects in Mexico.  The Company operates the Parral Tailings mine in the state of Chihuahua and has the Los Ricos South and Los Ricos North projects in the state of Jalisco. Headquartered in Halifax, NS, GoGold is building a portfolio of low cost, high margin projects. For more information visit gogoldresources.com.
 
 
For further information please contact:
Steve Low, Corporate Development
GoGold Resources Inc.
T: 416 855 0435
Comment by sosgood1 on May 23, 2024 6:44pm
Very impressive for a small mining company. Good on you GoGold.
Comment by becker123456789 on May 31, 2024 3:34pm
Yes may as well  do  something  while  waiting  for permits. This is getting ridiculous . Not one new permit issued this year to anyone.