Strict adherence to local and international environmental and mining law
Aurania and its subsidiaries, EcuaSolidus S.A in Ecuador and Sociedad Minera Vicus Exploraciones S.A.C (SMVE) in Peru, requires that its employees and contractors work according to strict social and environmental governance. We strive and maintain an environment of mutual respect between our employees, the communities in which we work, and with our suppliers and neighbours.
The Company requires respect in terms of equality of opportunity irrespective of race, creed, sex, religion or sexual orientation. The Company has a formal procedure for handling sexual harassment allegations and a confidential whistleblower e-mail address is maintained and monitored by an external company in Toronto. All whistleblower messages are forwarded to the chair of the Audit Committee for review, appropriate investigation and action.
The accounting function within Aurania’s subsidiaries in Ecuador and Peru is contracted out to third parties. Aurania’s accounting staff monitor expenditures in comparison with budgets and prepare the paperwork that is required by the external accountants who calculate tax payments and monitor other compliance-related matters. Aurania’s auditors are McGovern Hurley LLP of Toronto, Canada while those of EcuaSolidus are Grant Thornton. The auditors for SMVE are yet to be appointed.
In early 2020, EcuaSolidus achieved an ISO 14001:2015 registration – a rare achievement for an exploration company. The ISO14001 registration recognizes the Company’s efforts to minimize its environmental impact and provides a framework within which we can strive for continuous improvement. This registration provides the ultimate environmental governance for Aurania through which risks can be defined, assessed, and action taken to mitigate those risks.