AngloGold and sustainable development

Company News    May 10, 2021 4:57 PM

AngloGold Ashanti conducts research and prepares native species for planting.

One of the most important regenerative mining projects in the country is located in Jericó, Antioquia: the Quebradona mine, La Republica reported.

AngloGold Ashanti is the driving company behind this operation in this municipality of about 13,000 inhabitants. The firm said that this project presents a great opportunity to regenerate its tropical dry forest ecosystem, as well as to recover and boost its economic and social potential.

The development of this type of project could allow the construction of a higher education institution, benefiting more than 150,000 people.

“We define that the main purpose is to turn mineral wealth into true socio-economic and environmental progress for the regions. We believe that we are not only serving shareholders, but also the environment and society in general,” AngloGold Ashanti Corporate Affairs and Innovation Manager, Juan Camilo Quintero, highlighted.

Director of the Ecsim Foundation, Diego Gómez, explained that the project starts from a baseline of sustainability in the use of water, energy, the impact on fauna and flora, among others. He said that this will allow the recovery of the tropical dry forest and rebuild a wildlife corridor between the Cauca River and the Choco jungle.

“Colombia is a country that has every opportunity at this time to create, through regenerative development models, a sustainable transformation of humanity. This is a very important evolution of the environmental vision that will allow us to connect with the replacement of fossil fuels and the generation of sustainable energy,” Gómez concluded.

Bottom-Line: The extractive sector is investing large amounts of money in regeneration and renewable energy projects. The resources of this industry will be important to drive the energy transformation.

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