During the calendar year, there were no corporate entity changes in our operating assets, however, the Company acquired Reservoir Minerals and its the Timok Project in June of 2016. There are no changes to the scope of the Bisha operations data compared to the previous year’s report, but we have included a narrative section on Serbia for our new stakeholders and reading audience.
While we did not seek independent third-party assurance for this report, its content was prepared and reviewed by management for its accuracy and consistency in data collection methods, and alignment with our corporate policies and protocols. We made every effort to verify data and the factual contents of this Report, but note that all non-financial performance figures and certain economic indicator calculations are unaudited. Our CEO formally reviews and approves our CSR Report and ensures all material aspects have received coverage.
All data and reporting related to human rights was assessed and reviewed by an independent third party in respect of the Bisha Mine Human Rights Impact Assessment, follow-up Audit, and recommendations.
Defining Report Content – Material Issues
This report discusses those CSR topics that have been identified as the most important or of greatest impact to our stakeholders. To determine these topics and to incorporate stakeholder feedback into our reporting process, we have committed to undertaking an annual materiality assessment exercise, in which we survey stakeholders to determine the topics and priorities of greatest interest.
In 2016, we undertook a comprehensive materiality assessment to gather input from our key internal and external stakeholder groups:
To validate and prioritize the material issues in this report, we considered the internal and external stakeholder input from the materiality assessments, as well as feedback received on previous CSR reports, plus general knowledge of ongoing operations, regulatory and policy trends and developments, as well as media coverage.
In 2017, we intend to continue to further expand our internal and external stakeholder consultation, to increase the diversity of perspectives we receive, and to continually improve the content of our reporting.
Aspect Boundaries – Where Impacts Occur
Different stakeholders or groups of stakeholders, either internally or externally, may be affected by each of our material issues. In the narrative discussions of the material aspects, we describe whether these topics have impacts within our organization, or whether they are believed to have effects that extend outside of the organization—for example, to local communities, our contractors, and/or investors.