IGO Interactive Annual Report 2018

ENVIRONMENTAL MANAGEMENT In FY18, IGO had no material environmental incidents. As foreshadowed in last year’s annual report, in FY18, IGO introduced a set of Environmental Standards. These standards define a performance expectation that is more than simple compliance with the law. Over time, and with ongoing effort, these standards will provide a framework for cultural change within our business. The standards address: • Rehabilitation and mine closure • Social and environmental impact assessment • Mineral waste management • Water management • Land use and biodiversity management IGO’s Environmental Standards have been developed based on feedback from both our workforce and our host communities and in accordance with accepted best practice as documented in the Leading Practice Sustainable Development Program (LPSDP) for the Mining Industry (Department of Industry, Innovation & Resources), and various publications produced by the Minerals Council of Australia, and the International Council on Mining & Metals. In FY19, IGO will complete a range of activities arising from the application of these standards including a communications program. This program will be targeted to both our workforce and host communities to provide insight into the standards to which we will hold ourselves accountable. At IGO, we endeavor to plan for the full life cycle of our mines. In FY18, work continued on the clean-up of historic mining areas at our Jaguar Operation. Several hundred tonnes of scrap steel and general waste was removed, with the steel being sent for recycling. The single largest ongoing challenge faced by the Jaguar Operation is the clean-up and rehabilitation of the historic Teutonic Bore mine site. As Jaguar is a legacy mine, responsibility for clean-up and rehabilitation is split between the owner and the Western Australian Government. In FY18, IGO worked collaboratively with the state to advance planning for these works. In effecting the sale of the Jaguar Operation to CopperChem Ltd, IGO completed a comprehensive disclosure of all known environmental liabilities, closure planning commitments and IGO’s estimate of mine closure costs. Our Long Operation ceased mining and was placed in care and maintenance in June 2018. In anticipation of this event, IGO completed a year-long consultation process with our workforce, our host community in Kambalda and the State Government. The key goal of our care and maintenance program is to preserve the inherent value associated with the mine by preventing flooding and maintaining safe access. Additionally, IGO continues a program of progressive mine site rehabilitation works which include the reshaping of two small historic tailings storage facilities, remedial works on the waste rock dump, general removal of waste and the recycling of scrap steel. IGO continues to evaluate options for Long’s future. In FY18, we continued refinement of the mine closure plan for the Nova Operation and completed a comprehensive triennial review of the estimated mine closure cost. IGO’s largest ongoing environmental impact is the land clearing associated with our exploration activity in the Fraser Range. IGO has planned and funded the necessary rehabilitation works which will be completed progressively as exploration works are completed. Further information on these matters will be provided in IGO’s 2018 Sustainability Report to be released in October 2018. This report will be available on our website at www.igo.com.au IGO ANNUAL REPORT 2018— 13