Anglo American contributes $2.5 million to Caribou Mitigation

In mid-September, the Chief Financial Officer of Anglo American's Metallurgical Coal business, Brent Waldron, presented the Minister of Forests, Lan

In mid-September, the Chief Financial Officer of Anglo American's Metallurgical Coal business, Brent Waldron, presented the Minister of Forests, Lands and Natural Resource Operations for the Government of British Columbia, the Honourable Steve Thomson with a $2.566 million cheque for the Government of British Columbia's Peace Northern Caribou Plan in Vancouver, B.C.

This is the largest funding contribution made by a mining company for caribou mitigation measures under the Peace Northern Caribou Plan and Waldron said he was proud to personally present the donation on behalf of Anglo American.

"This contribution comes as part of Anglo American's Trend-Roman project, an open cut expansion for the Peace River operation near Tumbler Ridge in north-east British Columbia and represents the company's commitment to maintaining the highest standards of environmental protection," Waldron said.

Chief Executive Officer of Anglo American's Metallurgical Coal business, Seamus French, said the donation demonstrated the high importance Anglo American has given to the Peace Northern Caribou Plan.

"We understand and respect the caribou's importance to First Nations and local communities, and we are proud to play a key role in this environmental management project through our unprecedented securement of 2,009 hectares of caribou habitat and a financial contribution of $2.566 million," French said.

On receiving the cheque, Minister Thomson said, "Anglo American's Roman Mine project is an excellent example of how resource development can be done in an environmentally responsible and respectful manner."

Anglo American has exceeded the amount of tenure land it previously committed to protect caribou habitat, which is a first within the British Columbia mining industry.

"Significantly, we have set aside a total of 2,009 hectares of our tenure, which represents an area four times the size of the Trend-Roman project area," French said.

"Just as we have worked with our stakeholders to deliver world-class environmental management practices, in the months ahead our focus will be on developing the Trend-Roman project to deliver a solid business in Canada.

"The start of mining activities at Roman is an important next step in our plans to extend the life of our Peace River operations for another 16 years," Mr French said.