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ORION MINERALS LIMITED - Orion Minerals receives prestigious award for pioneering ESG achievements in South Africa

Release Date: 05/11/2020 07:20
Code(s): ORN     PDF:  
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Orion Minerals receives prestigious award for pioneering ESG achievements in South Africa

Orion Minerals Limited
Incorporated in the Commonwealth of Australia
Australian Company Number 098 939 274
ASX share code: ORN
JSE share code: ORN
ISIN: AU000000ORN1
(“Orion” or “the Company”)

Orion Minerals receives prestigious award for pioneering ESG achievements in South Africa

Orion Minerals Limited (ASX/JSE: ORN) (Orion or the Company) is pleased to advise that it received the inaugural
Emerging ESG Leader Award at last night’s AAMEG Africa Awards (AAMEG – The Australia-Africa Minerals & Energy
Group) for its innovative and pioneering environmental, social and governance (ESG) work at the Prieska Copper-
Zinc Project in South Africa’s Northern Cape Province.

The AAMEG Africa Awards, which were announced as part of the 2020 Africa Down Under Conference in Perth,
celebrate visionary approaches to ESG which deliver long term benefits for communities—vastly improving their
outcomes across employment, health, education and environmental conservation.

The awards set the benchmark for Australian mining companies delivering projects that have sustainable and
tangible benefits to the communities and countries in which they operate.

The Emerging ESG Leadership Award acknowledges Orion’s exemplary work as a junior mining company in
developing innovative ESG strategies, forging meaningful relationships with its host communities and, importantly,
making a significant contribution to the socio-economic development of South Africa’s Northern Cape Province.

In announcing the award, AAMEG said Orion had implemented world-class ESG initiatives at the exploration-
feasibility stage, earning its local licence to operate and proving that small companies can inspire positive change
at a host government, regional and community level.

AAMEG said that not only had Orion taken its flagship Prieska Project from prospect to a fully-permitted
development project in record time, it has almost single-handedly put junior mining back on the South African
national agenda.

Through the Orion team’s efforts, junior mining has found its voice in South Africa – in government, amongst its peers,
and in the advocacy organisations that guide and represent the industry.                                      

Orion’s dynamic approach and exemplary leadership role has resulted in junior exploration earning a seat at the
national negotiating table, in junior exploration companies having a say in how mining regulations impact them
and in the potential of tax incentives to encourage further exploration in the country. This is all before producing
its first metal.

“We hope to inspire a new generation of emerging mining companies. By turning the traditional mining approach
to ESG on its head, we have shown the value of meaningful connections and insisting that ESG is a business and
moral imperative,” said Orion Chairman Denis Waddell, who accepted the award.

“We decided right from the outset that we need a social licence to operate,” he said. “The work that we have
done has resulted in some real shifts in South Africa’s approach to junior mining and the role it can play in socio-
economic development.”

For and on behalf of the Board.

Errol Smart
Managing Director and CEO


 Investors                                   Media                                        JSE Sponsor
 Errol Smart – Managing Director & CEO       Nicholas Read                                Monique Martinez
 Denis Waddell – Chairman                    Read Corporate, Australia                    Merchantec Capital
 T: +61 (0) 3 8080 7170                      T: +61 (0) 419 929 046                       T: +27 (0) 11 325 6363
 E:                E:             E:


This release may include forward-looking statements. Such forward-looking statements may include, among other things,
statements regarding targets, estimates and assumptions in respect of metal production and prices, operating costs and results,
capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates, and are or may be
based on assumptions and estimates related to future technical, economic, market, political, social and other conditions.
These forward-looking statements are based on management’s expectations and beliefs concerning future events. Forward-
looking statements inherently involve subjective judgement and analysis and are necessarily subject to risks, uncertainties and
other factors, many of which are outside the control of Orion. Actual results and developments may vary materially from those
expressed in this release. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-
looking statements. Orion makes no undertaking to subsequently update or revise the forward-looking statements made in this
release to reflect events or circumstances after the date of this release. All information in respect of Exploration Results and
other technical information should be read in conjunction with Competent Person Statements in this release (where
applicable). To the maximum extent permitted by law, Orion and any of its related bodies corporate and affiliates and their
officers, employees, agents, associates and advisers:

•     disclaim any obligations or undertaking to release any updates or revisions to the information to reflect any change in
      expectations or assumptions;

•     do not make any representation or warranty, express or implied, as to the accuracy, reliability or completeness of the
      information in this release, or likelihood of fulfilment of any forward-looking statement or any event or results expressed or
      implied in any forward-looking statement; and

•     disclaim all responsibility and liability for these forward-looking statements (including, without limitation, liability for

Date: 05-11-2020 07:20:00
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