Independence Group Sustainability Report 2019

IGO’s business life cycle extends through the exploration, project development, mine operation, processing and closure of our assets and how we market our products. Coupled with our system for managing risk, sustainability considerations are integrated in our decision making across each business phase. EXPLORATION PROJECT DEVELOPMENT MINE AND PROCESS IGO is passionate about discovering our next resource. We use innovative practices to explore our existing near- mine areas and regional-belt holdings in both greenfield and brownfield settings. Our in-house exploration team explore respectfully, consider cultural heritage and environmental impacts, and engage with local communities and landholders early in any project. Project development involves the definition of economically mineable resources, either as the product of our exploration efforts or through the purchase of prospective ground from other parties. It involves conducting feasibility studies, acquiring environmental approvals, engaging with local communities and establishing land access agreements. Our operations involve the extraction of ore from a mine and its beneficiation to produce saleable products, including gold doré bars and concentrates that contain nickel, copper and cobalt. Operating reliably, efficiently, safely and sustainably is core to our business approach. We apply the IGO Group’s policies and management system standards for business integrity, health, safety, environment, communities, human resources, finance, procurement, information technology, operations and maintenance. This operational phase includes ongoing exploration, resource definition and mine development, as well as processing optimisation and waste management. It also brings direct and indirect benefits to local economies through the payment of taxes and royalties, employment and procurement opportunities. BUSINESS LIFE CYCLE 10 — IGO SUSTAINABILITY REPORT 2019 OVERVIEW