Mining With Responsibility

What This means for Osino

Mining is a high-impact activity that calls for diligent and thoughtful management, and from its inception, Osino has set itself high standards for responsible exploration and mining. The Company’s vision is to become Namibia’s most respected and responsible gold mining company.

We strive to drive positive change for people, communities and the environment where practically and financially possible. This ambition is reflected in our purpose – to discover and develop gold projects in Namibia that build value for all stakeholders – and is underpinned by our company values and our strategic sustainability framework below.

Our approach is guided by the UN Sustainable Development Goals (SDGs), the Sustainable Development Framework of the International Council on Mining and Metals (ICMM) and the Best Practice Guide for Mining in Namibia.

For us, responsible mining and sustainability means:

  1. Being a responsible and ethical corporate citizen
  2. Managing and minimising our risks and negative impacts on society and the environment
  3. Leveraging our resources and operational activities to protect, build and share stakeholder value

 

Our Sustainability Reports

Osino’s sustainability reports provide a comprehensive overview of the Company’s exploration-related responsibility performance and our sustainability plans for the Twin Hills Gold Project. The 2021 report was Osino’s first, which set a benchmark for our commitment to responsible mining. The 2022 report, our second, focused in more depth on our plans for the future mine. Our latest report, the 2023 Sustainability Report, provides a more summarised update on our performance, practices and plans.

All reports were prepared with reference to the Global Reporting Initiative’s Sustainability Reporting Standards (GRI Standards) and the Sustainability Accounting Standards Board’s (SASB) Metal and Mining Sustainability Accounting Standard.

Two-page report summaries are available beneath the report links on the right.

View the presentation.

View two-page summary.

2022 Sustainability Report

View two-page summary.

2021 Sustainability Report

View two-page summary.

The World Gold Council on how gold mining can contribute to sustainable development.

Read the 2023 Sustainability Report for more details.

“Responsible exploration and mining are central to our business strategy. They are an ethical requirement and the foundation of our ability to create value for shareholders and other stakeholders. As we grow, we are committed to continuing to raise the bar on our sustainable development efforts to build a responsible mine and expand our ability to be a force for good.”

Heye Daun (Founder and former CEO of Osino)

2022 Sustainability Report

View the two-page summary.

2021 Sustainability Report

View the two-page summary.

The World Gold Council on how gold mining can contribute to sustainable development.

The Twin Hills trust – prioritising local development

Osino established the Twin Hills Trust in 2021 as the cornerstone of its commitment to fostering social, economic, and environmental development. The Trust is funded by Osino, Shanjin International Gold Co., Ltd., and key contractors. Previous Osino shareholders have also made significant contributions to the trust. Since its inception, it has allocated approximately N$5 million (C$394,000) to various initiatives, primarily benefiting its host communities of Karibib and Omaruru.

The Trust’s objectives and funding priorities align with the Namibian government’s development agenda, focusing on community wellness and health, education, enterprise development, community infrastructure enhancement, and environmental conservation and rehabilitation. It supports initiatives led by reputable Namibian non-governmental organizations (NGOs) and may, in the future, directly undertake development projects.

In 2024, Shanjin International Gold Co., Ltd. acquired Osino, including the Twin Hills Gold Project, and the company is committed to continuing the expansion of the Trust’s activities.

2023 Twin Hills Trust Report

Early childhood development (ECD) 

Through a partnership with Development Workshop Namibia (DWN), the Trust supports more than 24 ECD centres in Omaruru and Karibib, catering to over 800 children under the age of six. The centres are supported with educational materials, centre upgrades, teacher and parent training, and meals.

Bulk sewerage infrastructure

The Trust has supported the Shack Dwellers Federation of Namibia (SDFN) and the National Housing Action Group (NHAG), who work in partnership with the town council, to upgrade and install bulk sewerage infrastructure in the informal settlement of Usab in Karibib. This will eventually allow some 700 households to install flush toilets.

Low-Cost Serviced Plots

Namibia has an acute land provision and affordable housing crisis. Together with the Karibib Town Council, and supported by the Trust, DWN develops serviced land which is sold at less-than-cost to low-income earners in Karibib to purchase and build houses.

More information about these and other projects is available on the Twin Hills Trust website and in Osino’s Sustainability Reports. 

“Sustainable development is essential for our company and Namibia, and our commitment goes beyond just the social and economic benefits of our direct exploration and mining activities. Through the Twin Hills Trust, we contribute to the long-term development and well-being of Namibia and its people across several areas.”

– Tianhang Zhang, CEO, Osino Gold Exploration and Mining (Pty) Ltd​