Community Involvement
A Coeur hallmark is its dedication and diligence in addressing both the social and environmental needs of the communities where we do business. We are global citizens with localized operations in Bolivia and Argentina, Alaska, Nevada and Mexico. We understand that each of those regions has their unique culture and the most important voice in the direction of their own futures. To that end, operating in a socially responsible manner has always been one of the most important requisites at Coeur. We believe this is fundamental for the successful development of our new and existing projects, especially as we conduct our business around the world.
This philosophy of Corporate Social Responsibilty (CSR) has been integral to our success in all our operations.
At San Bartolome silver mine in Bolivia, one of the largest pure silver mine in the world, we enjoy very strong relationships and support from the Cooperatives, the local governments, the mayor and the district government, from the governor on down. In Mexico, even prior to the assimilation of our new Palmarejo Silver Project, we implemented this strategy and built strong relationships there among the locals, who know we will proceed with the highest regard and respect to their local way of life.
For three years in a row Coeur Mexicana has received the prestigious Mexican Center for Philanthropy (CEMEFI) ESR Award for corporate social responsibility. This award is a national recognition by over 170 Mexican charitable foundations acknowledging the exceptional work performed by Coeur Mexicana to secure the best entrepreneurial practices in the areas of company ethics, quality of life, environmental protection and its ongoing contributions to the community.
Connections to the Local Community
Coeur Mexicana has in place legal agreements with local land holders (Ejidos) for exploration, operations and construction at Palmarejo. Agreements have been made with local Ejidos Guazapares, Palmarejo and Agua Salada, which are legally ratified and registered with the Agrarian Registry.
CSR Highlights
Coeur Mexicana has instituted an 8-person Social Responsibility Committee with employees from various departments including environmental, administration, safety and human resources. The committee has focused its efforts on company ethics, community relations, environmental protection and quality of life.
Efforts in Mexico include construction of a kitchen and eating hall for elementary and primary school children in the village of Palmarejo and support of local schools; and infrastructue improvements and equipment purchased in Palmarejo, Guazapares, Los Llanos and Chinipas. Other funding has gone to support major municipal infrastructure projects, like roads and bridges, and medical attention to the elderly in local communities.
In Bolivia, Coeur Manquiri and th eSan Bartolome mine were leading sponsors of numerous events surrounding the 200-year Bicentenary celebration last November in Potosi, the country's most historic and storied silver region. At the ceremony, the new Governor of Potosi thanked Manquiri and its vision in having brought Ambassador Luzmila Carpio to Potosi for this event. She is a local icon born in Potosi and serving as Evo Morales' Ambassador to France.
