Camino Minerals Corp, the Peru-focused copper explorer, said it had completed its Environmental and Social Governance (ESG) disclosure submission with UK-based Digbee Ltd.
Digbee is a new mining-focused expert network and ESG disclosure platform, which aims to provide improved disclosure and better access to capital markets for mining companies involved with strong ESG practices. It has been endorsed by leading financial firms such as Blackrock, BMO, and Dundee Corporation.
"Taking a leadership role in developing a strong ESG strategy is important to advance our current portfolio of copper assets, and to support our corporate development efforts to build a larger and successful copper business. We view having a strong ESG strategy as a competitive advantage, and personally, a rewarding aspect of our business," said Jay Chmelauskas, Camino Minerals CEO in a statement.
READ: Camino Minerals kicks off core drilling at high-grade Lidia zone at its Los Chapitos copper project in Peru
"Copper is the enabling metal for sustainable electrified businesses and renewable energy. Thus, when copper mining is implemented with state-of-art practices, it forms a key part of our sustainable economy," added Chmelauskas.
Jamie Strauss, Digbee CEO said: "It is becoming very apparent that commodities like copper and other critical metals are part of a necessary supply chain to transition the world from fossil fuels. Part of Digbee's goal is to connect capital markets to best in practice metals miners through a credible means to track real ESG. We are pleased to have Camino become an early adopter with Digbee."
Camino Minerals is focused on advancing its high-grade Los Chapitos copper project in Peru towards potential resource delineation and new discoveries.
In addition, the company has commenced field studies at its copper and silver Plata Dorada project. Camino has also recently acquired the Maria Cecilia copper porphyry project.
Contact the author at giles@proactiveinvestors.com