The Admission Demonstrates the Bolivian Operation’s Commitment to Sustainable Mining
– Sumitomo Corporation’s subsidiary Minera San Cristobal successfully completed the entry process to the International Council on Mining and Metals (ICMM), reflecting its dedication to sustainable mining practices and implementation of Sumitomo’s best practices.
– Minera San Cristobal is the first Bolivian mining company to become a member of the ICMM.
– Minera San Cristobal’s accredits its admission to ICMM to the successful operational practices instilled from Sumitomo Corporation, which are based on the Japanese philosophy of building a harmonic balance between the individual, the nation, and society.
Today, Minera San Cristobal, Bolivia’s most important mining company, announced that it successfully completed the entry process to the International Council on Mining and Metals (ICMM) (https://www.youtube.com/watch
As the first Bolivian mining company accepted to the ICMM, Minera San Cristobal accredits its success to the vital role their parent company, Sumitomo, has played as an investor committed to the industry’s best practices. Sumitomo’s corporate best practices combine cutting-edge technology, investments in local workforces, and proper employee training and education as the keys to generating revenue for shareholders while having a positive impact on local communities.
Minera San Cristobal’ s President, Mitsuhiro Hirano, explains, “Through the methodical operation requirements given to us by our parent Company Sumitomo, Minera San Cristobal has become Bolivia’s largest and most lucrative mine for zinc, lead and silver. Our entry into ICMM reaffirms our dedication to sustainable development and ethical corporate values, which Sumitomo has instilled in us since our first day of operation. With continued guidance and support, we will keep elevating the level of our Bolivian operation to grow and flourish.”
Tom Butler, ICMM’s Chief Executive Officer added: “I am delighted to welcome Minera San Cristobal as a new member to ICMM. MSC has shown real leadership in their environmental and social performance and has valuable experience to share with our other members. With a portfolio of South American operations and headquarters in Bolivia, Minera San Cristobal will bring additional geographical diversity to the Council.”
Sumitomo’s guiding Business Principle (https://www.youtube.com/watch
About Sumitomo Corporation
Sumitomo Corporation (Japanese: Hepburn: Sumitomo Shoji Kabushiki-gaisha) is a leading Fortune 500 global trading and business investment company with 107 locations in 65 countries and 22 locations in Japan. The entire SC Group consists of more than 900 companies and 70,000 personnel. SC conducts commodity transactions in all industries utilizing worldwide networks, provides related customers with various financing, serves as an organizer and a coordinator for various projects, and invests in companies to promote greater growth potential. SC’s core business areas include Metal Products, Transportation and Construction Systems, Infrastructure, Media and ICT, Living Related and Real Estate, Mineral Resources, Energy, and Chemical and Electronics.
About Minera San Cristobal
Located in the province of Nor Lipez in the Department of Potosi, Minera San Cristobal is Bolivia’s most important mining undertaking. The operations combine the use of state-of-the-art technology with constant training for employees, a strict control of industrial and occupational health and safety, environmental preservation, and social commitment to the communities. MSC aims to contribute to the development of the region where it operates, the Department of Potosi and the country as a whole.
SOURCE Minera San Cristobal
CONTACT: Burson Cohn & Wolfe, Bruno Giordano, Email: bruno.giordano@bm.com, Phone: +16463013079