Mining is a high-impact activity that affects both the environment and surrounding communities. From its inception, Osino has set itself high standards for responsible exploration and mining, and the Company’s vision is to become Namibia’s next gold mining champion while striving to minimise negative impacts and maximise positive impacts.
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, which guide us in our day-to-day activities (see strategic intent).
Osino’s approach to sustainability 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.
Osino’s 2021 Sustainability Report provides a comprehensive overview of the Company’s responsibility performance and plans for the Twin Hills Gold Project. The 2021 report builds and expands on the Company’s sustainability strategy, which included a performance assessment and considered the needs and expectations of key stakeholders.
The 2021 report was 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.
Osino established the Twin Hills Trust in 2021 to be the focal point of its efforts to make a positive contribution to social, economic and environmental development. The Company provided seed funding to the Trust of C$170,000 (N$2 million) in 2021, with a further C$83,000 (N$980,000) being contributed by its three drilling contractors and one of its shareholders.
The Trust’s objectives and funding focus areas are aligned with the Namibian government’s current development priorities, and include initiatives that support community wellness and health, education, enterprise development, community infrastructure improvement, and environmental conservation and rehabilitation. It currently supports the work being done by respected Namibian non-governmental organisations (NGOs) and plans to engage in direct development activities in future.
Initiatives that have received funding:
More information about these projects is available on the Twin Hills Trust website and in Osino’s 2021 Sustainability Report.