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Investment Case – A STRONG SUSTAINABLE BUSINESS
RESPONSIBILITY
Our purpose is to produce base metals essential for modern living, profitably, in a safe and sustainable environment for all our stakeholders. Our code of conduct has been developed to demonstrate what is expected of our employees, suppliers, and stakeholders and to guide them on how to promote the strong principles of our business.
employees from country of operation
99%
ACCOUNTABILITY
Governance and stewardship play an important role in our sustainability framework. Our values are underpinned by robust company policies and procedures which we communicate to our employees and more widely to our other stakeholders. Overall responsibility for our business lies with our Board of Directors.
top priority employees trained on the
98%
new corporate governance platform
SUSTAINABILITY
Taking responsibility for sustainable development underpins our business and our business decisions. This is reflected in our environmental, health and safety, community and governance-related employee KPIs. We aim to positively affect our employees and local communities, while minimising any adverse impacts on the natural environment.
decrease in GHG emissions
41%
in 2023 versus baseline of 2020
PRODUCTIVITY
We encourage our team to embrace change and commit to continuing to bring technology and innovation together to improve our operations. This approach helps us to use our resources wisely and efficiently in achieving long-term sustainable production.
AVERAGE training
43 hours
per employee in 2022
PROFITABILITY
With a low-cost business that is profitable and cash generative, we are now debt free, having made our final repayment of the $187 million debt which we secured to acquire Sasa less than five years later. These repayments have been made while we delivered value for all our stakeholders and invested in our operations.
EBITDA 2022
$131.6m
DEPENDABILITY
We have an experienced Board and Management team with a proven international development and operating track record. We have demonstrated over the last decade that we are committed to returns to shareholders in recognition of their financial and ongoing support. This is made clear in our dividend policy, which is for CAML to return between 30-50% of our free cash flow (‘FCF’) to shareholders.
RETURN of our free cash flow
30-50%
to shareholders each year