Steppe Gold (TSX:STGO) is turning a page on its Mongolian operations as it seeks to engage the local community in its newly acquired Three Crosses project.
Steppe Gold recently acquired Anacortes Mining, giving it ownership of the Tres Cruces gold project in Peru.
Company executive vice president and director Aneel Waraich said education is key to building mutually beneficial relationships between mining companies and local communities.
“Before we even started construction (in Mongolia) in 2018, we went around a 1,400 square kilometer radius… and told (people) what we are doing, how they can benefit and how they can even get jobs,” Waraich said. . The company currently employs nearly 300 local Mongolians, representing about 75 percent of its workforce at the ATO gold mine, located in the Tsagaan Ovoo district of Dornod province in eastern Mongolia.
Waraich discussed the company’s next steps at Tres Cruces, which reflects its actions in Mongolia. “We will educate everyone in the area about who we are, what we are going to do, how we have done it in Mongolia and how they will benefit,” he said. The company also intends to start drilling and wants to move the project to feasibility and potentially permitting in the next 18-24 months.
Watch the full interview with Steppe Gold’s Executive Vice President and Director, Aneel Waraich, above.
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