Calibre Releases 2024 Sustainability Report, Reaffirming Commitment to Responsible Growth and Stakeholder Value

Core Insights - Calibre Mining Corp. published its fifth annual Sustainability Report, showcasing strong economic performance and commitment to responsible mining practices [1][2] - The year 2024 was transformative for the company, marked by the development of the Valentine Gold Mine and a merger with Equinox Gold, emphasizing sustainability as a strategic priority [2][10] - The company aims to create lasting value for stakeholders through ethical practices and operational excellence [2][3] Environmental Stewardship - Calibre produced 164,355 trees for reforestation and carbon sequestration in Nicaragua [7] - The company prevented the use of 7.42 tonnes of mercury through its Artisanal and Small-scale Miners Ore Purchase Program [7] - A significant environmental incident was reported, leading to enhancements in management systems [7] Social Responsibility - Calibre distributed US$897 million in economic value across its sites, investing US$4.19 million in community development projects focused on education, health, and infrastructure [7] - The company supported 1,133 direct jobs, with 95% of the workforce being national and 82% from local communities [7] - Calibre resolved 93% of community grievances, with a renewed focus on response times and stakeholder engagement [7] Governance and Ethics - The company conducted a Human Rights Impact Assessment at the Eastern Borosi Mine, ensuring all operations in Nicaragua were assessed within the past three years [7] - Calibre achieved its fourth year of conformance with the World Gold Council's Responsible Gold Mining Principles [7] - The company improved its ESG risk ratings, with MSCI ESG upgraded to "A" and Sustainalytics score improved to 29.0, indicating medium risk [7] Financial and Investor Performance - Calibre generated US$586 million in revenue, driven by strong operational performance across all sites [7] - The company's share price increased by 60%, reflecting growing investor confidence and value creation [7] - The construction of the Valentine Gold Mine is advancing, with first gold production expected in Q3 2025 [7][10]