The basis of Cazimir Mining strategy is our vision, mission and values. The company’s vision is to become the leading mining company in the Haiti. Our mission is to create value for shareholders, employees and business and social partners through safely and responsibly exploring, mining and marketing our products. Although our primary focus is gold, AngloGold Ashanti will pursue value-creating opportunities in other minerals where it can leverage existing assets, skills and experience to enhance the delivery of value.
The performance areas are: safety, productivity, environmental management, production volumes, costs and financial performance.
The following our prediction for the next five years on sustainability and drive the creation of real and long-term beneficial relationships with social and business partners in communities where the company operates. Consultation is currently being undertaken to determine how performance will be measured in this area and to ensure that our baseline information is accurate.
Providing the leadership and the supporting management processes to ensure that we have the right people, in the right roles, doing the right work, to deliver against our goals.
Managing revenues to ensure that full value is realized from our products by delivering a quality product and managing costs to protect margins and returns on capital employed.
Optimizing asset and project portfolios to meet or exceed specified rates of returns. To achieve this, each asset is regularly reviewed and ranked in both absolute terms and relative to its peer group.
Developing a range of options for growth, including Greenfield and brownfield exploration, new opportunities for promoting organic growth, value-accretive merger and acquisition opportunities and maximizing the value of commodities other than gold within our portfolio.
Developing business and social partnerships based on mutual value creation, while maintaining a focus on ensuring the safety and well-being of employees and managing environmental and other impacts.
The Project ONE management framework developed internally is being applied consistently throughout the business in the support of achieving the broader strategic objectives. At its core, the framework is designed to reduce variability in performance and support a seamless flow from strategy to delivery. This framework prescribes strong leadership, considered role description, appropriate resourcing to the task at hand, well-defined and documented business processes in all areas, clear accountability and consistent analysis and improvement of work undertaken.
Underpinning this framework is the firmly held conviction that we must consistently create and sustain value into the future. To achieve this, our approach must acknowledge broader societal concerns – namely, developing natural resources in environmentally-sensitive ways, while delivering an equitable economic model for local and broader-based communities.
The five strategic focus areas are reflected in the role descriptions of each executive and senior manager in the group and form the basis for evaluating their performance.
We need the right people in the right roles doing the right work to deliver against our goals.
We believe that people are central to our success. The shortage of key skills is one of the most significant risks that we face, and one that is shared across the global mining industry.
We aim to create a value proposition that will attract and retain key skills, and which in turn will create a similar and appropriate value proposition for communities and other stakeholder groups.
This values-based approach has been strengthened further through the development of a code of ethics which expresses the company’s commitment to conducting business in line with the highest ethical standards and in compliance with applicable legal requirements. It sets out the standards of acceptable behavior expected of all directors, employees, consultants, business partners, and company representatives, emphasizing performance with integrity.
Our strategic direction as defined in our vision, mission, values, and five core strategies introduced a new approach to leadership within the group that supports people doing the right work. We designed and implemented Project ONE to maximize efficiencies, productivity, and sustainability.
We need to manage revenues and costs to ensure delivery and protection of returns in a volatile price environment.
Cazimir Mining aims to maximize margins by actively managing both revenues and costs. We seek to realize full value from our products, deliver consistent quality, and maintain cost competitiveness.
In the Gonaives region of Haiti, major projects are under way to develop a technology-oriented model that achieves cost savings, improves safety, and minimizes environmental impacts.
Managing shareholders’ funds optimally requires continual focus on capital deployment.
Our growth targets are balanced by portfolio management to secure optimal returns. Capital deployment is optimized by investing only in assets and growth opportunities offering superior returns.
Continuous assessment identifies performance improvements, rationalizes portfolios, and enhances operational efficiency.
Developing growth options that drive long-term value while ensuring sustainable returns.
Growth is a key driver of long-term value. We set ambitious production targets and focus on sustainable shareholder returns.
We continuously review our exploration portfolio, divesting non-core assets to fund future opportunities and maintain a robust growth pipeline.
Long-term value creation depends on sustainable relationships and mutual value creation.
This core strategy reflects our values-based approach and recognizes that sustainability performance is key to securing and maintaining our social license to operate.
Each region manages a unique set of sustainability priorities, risks, and objectives. We integrate these principles throughout our project lifecycle, setting clear five-year targets and scorecards.
Chairman and Independent Non-Executive Director
Chief Executive Officer
Chief Executive Officer
Independent
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Independent Non-Executive Director
Position
Position
Melisa joined Cazimir Mining in 2019 as Company Secretary. She is responsible for ensuring statutory compliance and corporate governance requirements by Cazimir Mining and its subsidiaries. She also advises members of the board on their duties and responsibilities as directors.