Partners

Printer Version

Third-Party Mine Operators

Wheaton’s streaming agreements are held with third-party mine operators who are some of the largest and well-known producers in the world. The majority of our partners with producing assets publish annual sustainability reports outlining their sustainability and ESG related targets and progress.

Below, we have provided highlights from the sustainability reports and websites from select partner mine operators1. In addition, we have provided links to all of our partners’ respective websites where the reports and further information can be accessed. Wheaton is proud to partner with mine operators who are committed to responsible mining through their participation in voluntary and transparent reporting initiatives.

Select ESG Highlights

Partner: Vale S.A.<span>Asset: Salobo</span>
Partner: Glencore <span>Asset: Antamina</span>
Partner: Primero Mining<span>Asset: San Dimas</span>
Partner: Goldcorp<span>Asset: Peñasquito </span>
Partner: Hudbay Minerals <span>Asset: Constancia </span>

Partner: Vale S.A.Asset: Salobo

Country:

Brazil

Select External Commitments & Memberships:

  • United Nations Global Compact
  • Global Reporting Initiative
  • Extractive Industries Transparency Initiative
  • Carbon Disclosure Project

Sustainability Report

Website external

Environmental

  • Vale recognized by the CDP Climate Change Program as a leader on climate change scoring an A.
  • Alongside the Chico Mendes Institute for Biodiversity Conservation (ICMBio), Vale promotes protecting the biodiversity of the Tapirapé-Aquiri National Forest, where the Salobo mine is located, through the expansion of the nursery. It is estimated that 800,000 to 1 million seedlings will be produced every year. The plants are being used in a reforestation program for urban areas and as a source of alternative income generation for family farmers.

Social

  • Salobo contributes directly to the socioeconomic development of Marabá and Parauapebas (Pará) municipalities that are in the project’s area of influence
  • Reforms of health centers were carried out and hospital equipment purchased, among other initiatives
  • 96% of staff are covered by collective bargaining agreements that were renewed in 2016
  • 96% of purchases in Brazil made locally
  • Continued commitment to preserving human rights through various initiatives and internal programs

Governance

  • Global Anti-Corruption Program was developed during the year, totaling 4,339 employees that received face-to-face training, in Brazil and abroad
back to top

Partner: Glencore Asset: Antamina

Country:

Peru

Select External Commitments & Memberships:

  • Global Reporting Initiative
  • United Nations Global Compact
  • Carbon Disclosure Project

Sustainability Report

Environmental

  • Conservation program committed to protecting and restoring the Polylepis forests
  • Continuous monitoring of the surrounding biodiversity to ensure no negative impacts
  • Environmental Management Plan includes continuous monitoring of environmental quality including biodiversity, solid waste management up to final disposal, restoration and stabilize areas disturbed by the operation, development of forest plantations and pastures, and rational use of water

Social

  • Committed to a multi-stakeholder approach for local development including improvements to education, health, and economic opportunities
  • New educational initiative launched in 2017 in partnership with Wheaton and Enseña Perú

Governance

  • Operations are certified in accordance with Environmental Management System ISO 14001 and Safety Management and Occupational Health certification OHSAS 18001
back to top

Partner: Primero MiningAsset: San Dimas

Country:

Mexico

Select External Commitments & Memberships:

  • Global Reporting Initiative
  • World Gold Council

Sustainability Report

Environmental

  • Environmental Management System helps reduce or eliminate environmental impacts through precautionary measures that mitigate damage and promote recovery and reclamation
  • In 2016, $2.9 million was spent on ongoing environmental improvements at San Dimas, including improved tailings storage and surface water management structures

Social

  • Recreational facilities completed in 2015 have made a significant contribution to the increased participation in sport and cultural programs

Governance

  • Gold is produced in conformance with the Conflict-Free Gold Standard
  • For the sixth consecutive year, named a Socially Responsible Company by CEMEFI, the Mexican Center for Philanthropy
back to top

Partner: GoldcorpAsset: Peñasquito

Country:

Mexico

Select External Commitments & Memberships:

  • United Nations Global Compact
  • International Council on Mining & Metals
  • Global Reporting Initiative
  • Extractive Industries Transparency Initiative
  • World Gold Council
  • Carbon Disclosure Project

Sustainability Report

Environmental

  • Completed pre-feasibility studies for filtered or dewatered tailings at Peñasquito and Cerro Negro to allow for less on-site water consumption
  • Goldcorp launched an ambitious program, Towards Zero Water (H2Zero), beginning a ten-year journey to drastically reduce water consumption at its operations
  • 96% of power was sourced from an efficient, combined-cycle natural gas power plant, saving approximately 90,000 tonnes of CO2e
  • EcoTails research underway at Peñasquito allowing for a better way to manage waste and benefit biodiversity

Social

  • Peñasquito provided US$230,000 to Education to Share, to introduce youth aged 6 to 15 from 19 communities around the mine site to science technology, mathematics and artistic expression
  • Peñasquito mine contributed over US$425,000 to NGO TechnoServe to build competitive farms, businesses and industries. Smallholder farmers near the Peñasquito site learned to increase productivity and quality through TechnoServe courses.
  • Community safety and health fairs hosted at the mine to promote and raise awareness

Governance

  • All of Goldcorp’s operations have the appropriate systems and controls in place to conform to the World Gold Council’s Conflict-Free Gold Standard
  • Surpassed the targets set by the Catalyst Accord (25% of board seats to be held by women by 2017) and the 30% Club Canada (30% of board seats to be held by women by 2019).
  • Successfully implemented anti-bribery and anti-corruption program
back to top

Partner: Hudbay Minerals Asset: Constancia

Country:

Peru

Select External Commitments & Memberships:

  • Global Reporting Initiative
  • Extractive Industries Transparency Initiative
  • Voluntary Principles on Security and Human Rights
  • Carbon Disclosure Project

Sustainability Report

Environmental

  • Hudbay Peru received an SNMPE (National Society of Mining, Petroleum and Energy) Sustainable Development Award in the environmental management category for its progressive reclamation practices
  • Strengthened water management systems and controls in 2016
  • Biodiversity action plan developed in line with international standards (Towards Sustainable Mining and IFC) for protecting and conserving biodiversity
  • Set Constancia environmental benchmark and improvement targets for 2017

Social

  • Team of more than 17 people who focus on engaging with communities and supporting development
  • Specific commitments made to local employment and use of local suppliers and to investments in health, education and social development

Governance

  • For the second year in a row, Hudbay was recognized by Corporate Knights magazine as an emerging responsible corporate leader among small- to mid-cap Canadian companies
  • Conducted anti-bribery and anti-corruption refresher training for board members
back to top

Additional Partner Resources

Partner Assets Reports & Websites
Vale Salobo, Sudbury 2016 Sustainability Report Vale Website
Glencore Antamina, Yauliyacu Antamina Sustainability Report 2015 2016 Sustainability Report Glencore Website
Primero San Dimas 2016 Sustainability Report Primero Website
Goldcorp Peñasquito 2016 Sustainability Report Goldcorp Website
Hudbay Constancia, 777, Rosemont 2016 Annual and CSR Report Hudbay Website
Lundin Mining Zinkgruvan, Neves-Corvo 2016 Sustainability Report Lundin Website
Barrick Gold Pascua Lama, Lagunas Norte, Pierina, Veladero 2016 Sustainability Report Barrick Website
Eldorado Gold Stratoni Year in Review 2016 Eldorado Gold Website
Pan American Silver Loma de La Plata (Navidad) 2016 Sustainability Report Pan American Website
Capstone Mining Minto, Cozamin 2016 Sustainability Report Capstone Mining Website
Alexco Resource Keno Hill Alexco Website
Sandspring Resources Toroparu Sandspring Website
Panoro Minerals Cotabambas Panoro Website
Leagold Los Filos Leagold Website

1. This information is based on the public disclosure of the Third‐Party Operator and has not been independently verified by Wheaton Precious Metals. For full details on Third-Party Operators, including the risks associated with their operations, please refer to Third-Party Operator public disclosure documents.

Powered By Q4 Inc. 5.8.0.2 (opens in new window)