Sustainable Development
Petaquilla Gold is a leading player in addressing sustainable development challenges. Globally, the mining sector reports more actively than any other on its sustainable development performance. Companies like Petaquilla Gold today feel the urge to share its economic benefits with the community and wish to share with the public more than just their shiny gold. The sector is definitely leading the way and investing in in local community development and poverty alleviation. For example, biodiversity conservation is becoming more creative and partnerships with NGO’s are becoming a commonplace. In regards to the health sector, modern and effective wellness and prevention programs are in place making employee health and safety a priority.
Mining has great potential to drive economic growth and lessen poverty. At Petaquilla Gold, a strong focus is in place on managing and using generated revenues transparently and effectively. Richard Fifer Carles, CEO of the company understands this is essential for the transformation of mineral wealth into economic welfare over the long term.
The importance of the mining industry within Latin America is well known. It is a significant employer and its extracted products are basic for every aspect of our lives. Petaquilla´s approach to sustainable development is constantly looking for ways to incorporate the Company´s core principles while thinking on the progress of the communities around the site. The management believes sustainable development is a shared responsibility where society, the government and industry must work as a team to achieve meaningful results. It is with our efforts, as well as the hard work frequently mirrored that make the mining industry in Panama a significant contributor to a sustainable future for us all.
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