MAG Silver is committed to delivering lasting and sustainable value to its people, stakeholders and host communities. The Company’s approach to responsible development integrates health, safety, environment and social responsibility into its business strategy.
MAG partners with groups who share its values and commitment to responsible mining. The Company’s commitment is supported by the policies, procedures and voluntary codes to which the Company adheres. The Company cares about the health and well-being of its people, communities and environment, and promotes a culture of zero harm.
MAG’s principal focus, asset and ESG risk is the Juanicipio Project in Mexico. The Project is being developed as a Joint Venture partnership with Fresnillo Plc, the 56% owner and Operator. The Juanicipio Project is expected to commence commissioning in Q4/2021. MAG is also pursuing an exploration program at the Deer Trail Project in Utah. MAG’s updated materiality analysis (2021) identified Water Stewardship, Environmental Stewardship, Tailings Facilities, Climate Change, Health & Safety, Human Rights, Local Communities, Governance, Business Ethics as its most material topics, all primarily linked to the Juanicipio JV Project.
ESG Data Highlights
A more comprehensive ESG data table can be accessed here.
Summary ESG Data (Yr. 2020) |
Juanicipio Project |
Comments |
|
| Women Leadership | |||
| Corp Board | % | 33 |
Fresnillo's (Operator) Board of Directors; MAG's Corporate Board 2021: 37.5%. |
| Corp Executives | % | 0 | |
| Senior Managers | % | 0 | |
| Workforce | % | 6 | Employees and mining contractors |
| Workforce | |||
| Total Workforce | No. | 1,268 | Considers employees and mining and construction contractors |
| Local | % | 53 | Includes employees and mining contractors from the state of Zacatecas |
| Contractors | No. | 1,212 | Includes mining and construction contractors. |
| Employees | No. | 56 | |
| Employee Union Members | % | 0 | |
| Training | Hours | 5,094 | Includes employees and mining contractors |
| Ocupational Health & Safety | |||
| Fatalities | No. | 0 | 2020: 0 fatalities, 2019: 0 fatalities |
| Lost Time Injury Frequency Rate (per 1M hours) | Ratio | 9.45 | Includes employees, mining and construction contractors |
| Labour Grievances | No. | 0 | |
| Environment | |||
| Freshwater Usage in Mining, Processing & Exploration | m3 | 4,160 | Freshwater sourced from wells. In addition, 130,966 m3 wastewater from the municipality of Fresnillo used. Juanicipio's freshwater consumption equals 3% of the total water consumption for 2020. |
| Effluent Discharge | m3 | 2,190 | This volume comprises wastewater generated by camps and offices. |
| Total Energy Use | GJ | 187,956 | 86% of electrical power consumed by Juanicipo during construction is generated by the Coahuila Wind Farm. |
| Total GHG emissions (Scope 1 & 2) | tCO2e | 10,154 | Scope 1 (fuels) contributes 87% and Scope 2 (power) contributes 13% of total GHGs. |
| Community | |||
| Community Investments | $ USD | 44,353 | |
| Including COVID-19 Response | $ USD | 4,000 | |
| Community Grievances | No. | 6 | |
The Juanicipio Project has not reached commercial production as of December 31, 2020 as we are currently constructing and developing the surface and underground infrastructure on the property to support a 4,000 tonnes per day mining operation, with the operational expertise of our JV partner, Fresnillo plc. Data not available for construction contractors for women in workforce, local contractor workforce and training hours.
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