Three Valley Copper’s (TSXV:TVC) Comprehensive ESG Plan Makes it an Industry Leader

Source: Three Valley Copper

Three Valley Copper (TSXV:TVC) is a company committed to environmental compliance with ESG criteria at the highest levels of compliance. TVC carries out best environmental practices in its operations, thus providing great value to shareholders in the long term. At the same time, the company is committed to maintaining strong community relations through actions that reduce environmental impact. 

Three Valley Copper builds strong relationships with the community under the policy of an open and permanent dialogue based on generating results that bring benefits to those involved. In this way, TVC achieves conflict resolution in an efficient manner. 

In May 2021, The Valley Copper received some neighbors from the community to show them the protocols in an in situ controlled blasting event. During the visit, community members were able to verify that the protocols required by regulatory authorities are applied on a daily basis at the operations. The event took place in an atmosphere of mutual respect and concern with the Sustainability Manager and other TVC executives.  

These are some of the points that visitors and members of the community confirmed:

  • Compliance with the protocols and procedures required for blasting to reduce dust emissions as much as possible. 
  • TVC’s commitment to the measures in place to control dust from the Don Gabriel mine and the Manquehua road. 
  • It was agreed with the community to maintain an open and constructive dialogue. 
  • It was communicated that an on-site inspection of the shock monitoring station will be carried out by an expert in order to verify and inform the community of the station’s operating methodology. 

The contributions made by TVS are based on emphasizing the ability to work in community. This method not only helps to establish relationships with the community but also favors community involvement, resulting in better project management and, therefore, better results. This synergy allows the development of the territory to be boosted. 

Social Responsibility, and a Foundation to Back it Up

The Three Valley Foundation was created in 2014 and its main distinctive feature is that it is made up of members of the community, representing the valleys of Chalinga, Cárcamo and Chuchiñi. It is through this foundation that Three Valley Copper channels its investment and carries out the financing of various social projects related to education, social infrastructure, rural health posts and more. 

The Environmental Aspect

Three Valley Copper is in a continuous search for process improvement and total openness of its operations to the external community. It is also committed to caring for the environment through strict compliance with environmental legislation. 

Three Valley has had a comprehensive Environmental Qualification Resolution in place for its operations since 2009. The Environmental Qualification Resolution provides companies with the fundamental instructions and permits necessary to execute operations in a sustainable manner in order to guarantee respect for the environment in a physical and social way. 

Some of the environmental obligations that Three Valley Copper has in the EQR are:

  • Uninterrupted monitoring of air and water quality.
  • Reforestation of 250 hectares with native species.
  • Construction of a petroglyph park at Quimenco. 

The Minera Tres Valles project operates with renewable biomass energy that was contracted to reduce the carbon footprint, as one of its priorities is the constant care of the environment. As another measure for environmental care, Three Valley Copper keeps its water consumption to a minimum, which has earned it several awards for its efficient use of this invaluable resource. 

Cultural Appreciation and Protection

Three Valley Copper’s project territory is characterized by its social and cultural heritage. As its name indicates, it is located in the heart of three surrounding valleys called Chalinga, Chuchiñi and Cárcamo.

The value of its social and cultural heritage is reflected in the traditions coming from this land.

One of the typical traditions of the region is the transhumance which is a type of seasonal grazing in continuous movement where cattle are taken from the valleys and lowlands to the Andes mountains and vice versa. 

Pilgrims celebrate the Virgin Mary with dances, songs and praises, which is one of the most important religious festivities in the Chuchiñí and Manquehua valleys.

In this region you can also find petroglyph art made by the pre-Columbian cultures that inhabited the valleys, generally following the watercourses.

The people have left traces of their culture that later generations will have the opportunity to know and continue to enjoy. 

 

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.
Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

By Matthew Evanoff

I specialize in the mining industry, focusing on top global mining stocks. My reporting covers the latest industry news, company/project developments, and profiles of key players. With a degree in finance and economics from the University of Toronto, I've contributed to a wide range of industry publications. Beyond my professional pursuits, I have a keen interest in global business and a love for travel.

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