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Corporate Social Responsibility
News
4.11.2008 - 12:14pm ET
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European Nickel (AIM:ENK) Launches its First Corporate Sustainability Review
(CSRwire) LONDON - April 11, 2008 - European Nickel PLC (AIM: ENK), the emerging
mid-tier nickel laterite producer, has launched its first Corporate
Sustainability Review, downloadable from www.enickel.co.uk/__data/assets/pdf_file/55434/EN_2007_SUSTAINABILITY_REVIEW_FINAL1.pdf.
The report details European Nickel's approach to health, safety, community
relations and the environment and covers its activities in Turkey, the
Philippines and Albania for the fiscal year 2007. The review aims to give
material, accurate information about the Company's operations in a way
that is easily understood and can provide a sound basis on which to assess
its performance.
European Nickel is one of the few AIM-listed mining companies to produce a
sustainability review. The review is also innovative in that the Company
has not yet commenced full-scale mining operations.
Commenting on the review Simon Purkiss, Managing Director, said "The
publishing of our first Corporate Sustainability Review is an important
milestone in European Nickel's development as we transform from an
explorer into a nickel producer."
"As a growing company we understand the importance of an ethical and
responsible approach to mining. The approach and procedures that we
establish now will help to ensure that our growth is sustainable and that
we provide long-term benefits to all of our stakeholders - shareholders,
employees and local communities alike."
European Nickel is an emerging mid-tier nickel laterite producer with over
50,000 tonnes of nickel production potential within five years. The
Company's heap leach process offers a competitive advantage over
conventional capital-intense methods of treating nickel laterites. The
technology also emits fewer carbon dioxide emissions per tonne of nickel
produced as well as zero liquid discharge. With a resource of over 1
million tonnes of nickel and growing, European Nickel is well placed to be
a long-term sustainable nickel producer.
Hard copies of the Corporate Sustainability Review are available from
European Nickel, Tel: +44 (0)20 7290 3130, info@enickel.co.uk.
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