London Stock Exchange-listed mining and exploration junior, Premier African Minerals, has started on a high note on its Corporate Social Responsibility (CSR) initiative by investing in sports development at Pioneer Primary School in Insiza District, Matabeleland South.
Premier has expressed that it prioritizes issues of Environment, Social and Governance (ESG), as it values the community and environment in which it is extracting and exploring for minerals resources.
According to the company, it has already started clearing sporting grounds at Pioneer Primary School which is near its projected high-value spodumene project, Zulu lithium and Tantalum project.
“Social Responsibility is cardinal for any mining and exploration company. The Zulu Lithium and Tantalum project is starting to clear the sports grounds at Pioneer Primary School which is situated close to Zulu,” the company said.
Recently, President Mnangagwa called on the mining industry to prioritize ESG issues for communities to fully benefit from the minerals extracted in their areas.
The call comes after various communities have raised a red flag and demanded change on matters of sustainable mining.
The President said that many miners were not prioritizing mine rehabilitation which has become a cancer with him witnessing many uncovered pits around the country.
Communities are no longer ignorant on matters of sustainability and are demanding change while at the same time investors and financial institutions seek to put the onus back on businesses to make them more inclusive, socially responsible, and sustainable. Compliance, therefore, emerges as the critical factor to drive change and the call to action lies with governments to enforce regulations and benchmarks.