Responsibility

What does Sustainability mean for Osino?

Gold mining is a high-impact activity, and we see responsible mining as being core to value creation for both shareholders and stakeholders. We have set ourselves the goal of becoming a respected and responsible gold mine developer and operator, striving to minimising negative impacts and maximising our ability to be a force for good. This ambition is reflected in our Vision & Values.
 
As we transition from junior explorer to gold mine developer we continue  to expand our sustainability — or environmental, social and governance (ESG) — activities  and keep raising the bar on our performance.
 

We undertook a comprehensive process to develop a sustainability strategy for Osino. The resulting report, Osino’s Sustainability Strategy, captures our achievements to date and maps out our future ambitions. 

Sustainability Strategy

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Osino Resources puts local development front and centre

With a high potential impact on people and planet, the mining sector is increasingly coming under scrutiny. Globally, there has been a growing emphasis on responsible mining practices and progressive mining companies go to great lengths to minimise their negative social and environmental impacts and maximise the areas where they can contribute positively.
Osino Resources Corp. is one such company. As part of our broader sustainability efforts, we recently established a not-for-profit organization – the Twin Hills Trust – to formalize our support of local development projects.

 

“Even though we are only at a gold exploration stage, Osino Resources has, from its earliest days, set itself high standards as a corporate citizen. Good environmental, social and governance (ESG) performance is central to our business strategy,”
– Heye Daun, Osino’s Founder & CEO.

The Trust was set up by Osino to manage its corporate social investment (CSI) activities. The entity takes its name from Osino’s Twin Hills gold exploration site near the town of Karibib, in the Erongo Region. With N$2m of seed funding provided by Osino, the Trust is looking to invest in areas including community wellness and health; education; enterprise development, community infrastructure improvement; and environmental conservation and rehabilitation.

The Trust currently supports the work being done by respected Namibian non-governmental organizations (NGOs) and plans to also engage in direct development activities itself, in future. The Trust’s objectives and funding focus areas are aligned with the Namibian government’s current development priorities.

Today, funding has been provided to projects and initiatives by the following NGOs:
Development Workshop of Namibia: Setting up Early Childhood Development centres in Omaruru; Facilitating affordable, serviced land (at cost) for low-income earners to purchase 
Shackdwellers Association: Upgrading bulk sewerage infrastructure in the informal settlement of Usab/Karibib
Omba Arts Trust: Implementing online marketing and sales of San arts and crafts; Providing food security for San artists, whose sales have virtually ceased with the collapse in the Namibian tourism due to the Covid-19 pandemic

More information about these projects is available on the Twin Hills Trust website. 

“We take responsible corporate citizenship seriously and look forward to continue collaborating with our host communities to find ways to improve their quality of life,”
– Heye Daun, Osino’s Founder & CEO.