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Sustainability Report 2015 41

NEW BUSINESS

A key focus for IGO is to ensure the long-term

sustainability of the organisation and enable

value creation for all stakeholders. During FY2015,

Exploration, Projects and Business Development

were consolidated into a combined New Business

Team to provide a seamless integration of the

growth function for the Company.

Key activities included:

focused screening of mergers and acquisitions (M&A)

opportunities aligned with the company’s investment

hurdles

progression of the Stockman Project through project

permitting and optimisation studies

proactive management of the exploration portfolio with a

focus on creating a step-change in exploration opportunities

with the appropriate risk/reward weighting

These positions are belt-scale gold and base metal opportunities

capable of delivering assets of significant size, high margin and

long life.

LOOKING FOR NEW

OPPORTUNITIES

“Growing our business includes both

exploration and seeking acquisition

opportunities.”

Michelle Wild

Principal Resource Geologist,

Perth Office

NEW BUSINESS