2021 marks the return of the Kensington Newsletter. In the 2021 Culture Survey you told us we needed to improve communication and that you missed the newsletter - and so we’re bringing it back! We have made some improvements that we hope you will enjoy. It’s been over a year since the last issue and in that time, we’ve made a lot of progress on our site strategic objectives, the 4 Keys to Success : Zero Harm to People and the Environment, Execute the Plan, Improve the Margins, and Grow the Business. This month I’d like to highlight our permitting teams work on growing the business.
A key to growing the business is having enough waste rock and tailings storage to extend the mine life beyond 2023. Our permitting team has been working for the past 6 years on updating our Plan of Operations into our Plan of Operations Amendment 1 (POA 1). POA 1 is our proposal to extend the operation another 10 years (at the current production rates) by proposing additional locations for waste rock and tailings storage. In July, the United States Forest Service issued a draft Record of Decision selecting POA 1 as the selected alternative. We anticipate a final Record of Decision by the USFS shortly. This is a major milestone toward extending our life of mine.
As we finish the year, please stay focused on our 4 Keys:
- Zero harm to People and the Environment. Please maintain your focus at work and at home to ensure we finish 2021 healthy and safe.
- Grow the Business. Elmira development, exploration and permitting continue to be the main contributors to extending mine life.
- Executing the Plan. Continue to remain diligent on mining and processing our planned ore tons and look for opportunities to lower our costs (improving equipment reliability, reducing waste, reducing power).
- Improving our Margins. Execute on our Business Improvement initiatives including building drilled inventory, increasing stockpile inventory, executing the Mine Operations Control Center and delivering Automine tons.
I wish you all a very Happy Holiday season and thank you for making 2021 a success.