Ramelius commitments are upheld by its Community Consultation Policy which ensures that the Company:
Ramelius is required by law to report on stakeholder consultation in its mining proposals for new projects, changes to existing projects, as well as in its mine closure plans. Such consultation measures may take the form of reports, discussion, agreements, field tests work, site visits, and electronic correspondence with government authorities and the Shires in which it operates.
Click HERE to view our Community Consultation Policy
Through the payment of taxes, government royalties, workforce wages and supplier payments, Ramelius makes a significant financial contribution to local, regional and national economies.
The Ramelius Board has approved a company-wide Tax Policy and Tax Control Framework, as well as a Financial Management Policy which outlines how the Company plans, records, analyses and reports financial and non-financial data. Collectively, these policies apply to directors, employees and contractors. The Tax policies are for internal use only and are not publicly available. The Tax policies requires Ramelius to act with honesty, fairness, transparency, respect, and to not enter into transactions where they lack commercial substance. The Tax policies also requires Ramelius to operate within the ‘spirit’ as well as the letter of the law, and to not establish entities or legal structures, including their use in tax havens, without sound non-tax commercial purpose and rationale. Ramelius must not enter tax avoidance schemes and must remain tax complaint in all of the jurisdictions it operates in.
The Company’s internal Finance Standard describes the mandatory steps to be undertaken in Financial Management. The standard is issued in accordance with the Financial Management Policy and gives effect to the relevant Ramelius Risk Appetite Statement. The Audit Committee monitors compliance with relevant tax laws.
Click HERE to view our Risk Appetite Statement
Ramelius has implemented a Community Stakeholder Management Plan designed to establish a systematic approach, such as a company-wide standard, ensuring the effective inclusion of affected communities’ interests in its decision-making processes.
Ramelius recognises that financial and in-kind contributions make a significant impact in supporting the prosperity of its surrounding communities. Community investments are carefully considered to ensure they address community needs, create positive change, as well as aligning with its own business priorities.
Ramelius introduced Community Benefit Funds within the townships of Mount Magnet, Westonia, and Narembeen. Community development programs are monitored and assessed, via regular meetings held by a Representative of Ramelius, the Shire, and a local community representative. Subsequent to receiving funding applications, thorough discussions among all parties take place to determine the most effective initiatives for enduring community benefits.
More information on community initiatives and the groups Ramelius supports can be found within the Company’s annual Sustainability Reports.
Ramelius values First Nations Peoples communities and is determined to engage from a place of respect and consider the culture, traditions, and cultural landmarks of these communities. In order to build support, awareness, and understanding between parties, Ramelius works to promote a cooperative attitude.
As defined in the Company’s First Nations Peoples Policy, Ramelius engages with representatives of First Nations Peoples to build stronger communication channels so it can better understand the views and beliefs of the First Nations communities local to operations. Ramelius makes sure that employees and contractors respect culturally significant locations and are aware of the value the land holds for First Nations Peoples. The Company is dedicated to taking the necessary actions to recognise and lessen any unanticipated consequences on First Nations Peoples’ communities, lands, cultures, traditions, and cultural places from its actions.
Making a concrete impact on the social, economic, and institutional advancement of these communities, Ramelius strives to offer opportunities that foster First Nations business development, training, education, and employment. Additionally, Ramelius provides financial and in-kind support for local economic, social, and cultural activities. An example of this is the SHINE/SHIMMER Program in Mount Magnet. More information on these initiatives is showcased in the Company’s annual Sustainability Reports.
Click HERE to view our First Nations Peoples Policy