Mining Magazine June 2017 | Page 55

MINING the community side we have a commitment to invest 1.5 percent of our revenue on community social responsibility ( CSR ) projects .
“ We are tailoring those projects to the needs of the people , which include capacity building , scholarships for kids , and helping businesses . We are in the early days of that .”
The company initially also granted 10 percent of its shares to the government of The Regency of Banyuwangi , which has effectively granted rights for local people to participate in these mining projects . The further intention of the share grant is to provide the community of Banyuwangi Regency with sustainable economic benefits from the gold mining project .
www . merdekacoppergold . com 55