Soma Gold Corp. (TSX-V:SOMA) has announced that its Operadora Minera SAS subsidiary has been awarded the highest 'Sustainability Seal' certification from regional environmental authority Corantioquia for its commitment to sustainability and responsible practices at its El Bagre gold mining operation in Antioquia, Colombia.
The mining company noted that the Sustainability Seal is only given to organizations that demonstrate outstanding sustainability performance, surpassing regulatory requirements within the jurisdiction of Corantioquia. The AAA award, the highest level of certification, followed a thorough assessment and evaluation of Operadora's environmental management programs.
“It reflects our team's hard work and dedication to responsible and sustainable mining practices,” Soma president and CEO Javier Cordova commented.
“Environmental stewardship is a fundamental value at Soma, and we remain steadfast in our pursuit of innovative methods to minimize our impact, protect biodiversity, and contribute to the well-being of local communities.”
Soma noted that Operadora has implemented several initiatives to reduce its environmental footprint, enhance energy efficiency, and ensure proper waste management at El Bagre. These include riverside reforestation, the installation of a water treatment plant, and the transition to more environmentally friendly technologies.
Soma said it is also dedicated to fostering transparent communication with local stakeholders and actively funds social programs focused on health, education, and economic development in the region.
The company also announced that a company controlled by its executive chairman, Geoffrey Hampson, plans to privately sell up to 1 million Soma shares to an arms-length party for estate and tax planning purposes. Hampson holds just under 20% of Soma’s issued and full-diluted shares.
Soma Gold is a mining company focused on gold production and exploration. The company owns two adjacent mining properties in Antioquia, Colombia with a combined milling capacity of 675 tonnes per day (permitted for 1,400 tpd).
The El Bagre Mill is currently operating and producing. Internally generated funds are being used to finance a regional exploration program.
Contact the author at stephen.gunnion@proactiveinvestors.com