Santana Minerals Limited has outlined its principal environmental and governance commitments, emphasizing its approach to environmental planning and community engagement. The company’s environmental strategy centers on water management, biodiversity, and rehabilitation, with a NZ$10 million Biodiversity and Heritage Enhancement Fund to support these initiatives. Community feedback has strengthened proposals, and downstream monitoring has been extended to Bendigo Creek and the Lindis River.
Material actions and disclosures
Santana’s governance framework includes ethical conduct, clear accountability, and sound risk management. The company has established a Code of Conduct and a Whistleblower Policy to promote lawful, ethical, and responsible behavior. Independent directors comprise half of the Board, and the company is committed to conducting its activities lawfully and responsibly.
The company’s environmental responsibility includes careful planning for water, biodiversity, tailings, emissions, and rehabilitation. Santana also emphasizes working with mana whenua, respectful engagement with Kā Rūnaka, and recognition of kaitiakitanga. Community engagement is a priority, with opportunities for meaningful feedback and clear reporting back.
Forward commitments
Looking ahead, Santana plans to continue advancing the Bendigo-Ophir Gold Project, including progressing regulatory approvals and technical studies. The company will manage risks related to consenting, project delivery, financial management, health and safety, environmental effects, and community relationships.
Future funding requirements will depend on various factors, including the timing and scope of development, project costs, regulatory approvals, and prevailing market conditions. Santana will monitor its funding requirements and evaluate appropriate financing alternatives as the project progresses.
Remuneration for senior executives will be tied to performance measures such as project development and approvals, financial management, development financing, statutory and stakeholder engagement, and safety.
Source: Santana Minerals Limited, 2026 Annual Report