We aim to be good corporate citizens, contributing to communities that host us and our mining partners. We hope to create a positive and long-lasting impact by supporting local initiatives.
As part of our work with communities, we make investments in community development. Our community investments focus on the four key areas of education, health, diversity, and community. In 2022, we increased our efforts around community investments, providing $235,500 in corporate donations to support initiatives across our focus areas.
In addition to serving the communities that our business directly operates in, we are also involved in supporting our mining partners in their community initiatives. In 2022, as part of Osisko’s acquisition of our NSR royalty on the Cascabel project located in Ecuador, we made a commitment to provide US$75,000 per year for three years to help support community initiatives in and around the project.
We plan to continue our efforts within our communities through donations and volunteerism and in 2023, we have committed to increase our community and social investments.
Some of Osisko’s 2022 Initiatives
Canadian Mineral Industry Education Foundation (“CMIEF”)
Osisko continues to be a leading donor to the CMIEF, and since 2018 we have been responsible for managing its activities. CMIEF is the largest provider of university scholarships to those entering the mining industry in Canada. CMIEF is made up of several mining companies and individuals who are dedicated to ensuring that students are informed about, and will be attracted to, the possibilities for rewarding careers in the mining sector.
Every Student, Every Day Program – Victoria Gold Corporation
In 2019, Osisko committed to contributing $15,000 per year for five years to the Eagle Gold Mine Every Student, Every Day program. This program targets reducing student absenteeism throughout the Yukon and has been operating since 2012.