Corporate Social Responsibility

Kenmare’s policy is to conduct its business operations to best industry standards and to behave in a socially responsible manner. Our goal is to behave ethically and with integrity in the communities where we work, and to respect cultural diversity.

 

The Moma Development Association (KMAD) was established and a social development plan put in place. The plan focuses on maximizing the benefits of the Mine to create secondary economic opportunities within the local communities (such as micro enterprises and food production), to generate long term sustainable economic opportunities in the local communities that are independent of the Mine and to mitigate any possible negative impacts of the Mine such as the transmission of HIV. Kenmare has identified Non Governmental Organisations (NGOs) and other qualified organizations to partner with KMAD to implement projects in the area. 

 

Kenmare is also committed to optimising the involvement of Mozambican companies in the mines supply chain. We are working closely with the Centre for the Promotion of Investment in Mozambique to identify potential Mozambican suppliers of goods and services to the mine.

 

Kenmare’s Moma Titanium Minerals Mine is a major investment in the north of Mozambique. We believe this will serve as a catalyst for further investment and Kenmare actively supports the Government of Mozambique in its attempts to promote investment in the country. An example of this was a joint presentation given by Kenmare’s Financial Director and the Vice Minister of Mines, His Excellency Abdul Razak, at the international Indaba Mining Conference in Cape Town in February 2007.

 

A large number of policies and procedures have been finalised, including a Business Ethics Policy. Kenmare does not give donations or contributions to any political party and does not tolerate bribery in any shape or form.

 

KMAD is a not-for-profit organisation which was established by the Kenmare Board in 2004 with the objective of using the presence of the Moma Mine to strengthen the socio-economic development of the host communities in the immediate vicinity of the mine.