News Release

Oct. 21, 2011 - The PDAC is aware of the report published by the Extractive Sector Corporate Social Responsibility (CSR) Counsellor regarding the request to review Excellon Resources Inc.’s La Platosa mine project in Mexico. Prior to the company withdrawing from the process, the PDAC arranged a meeting between the CSR Counsellor and Excellon Resources to allow each party to examine the complexities of the situation and to explore possible next steps.
 
As more information becomes available on the issues and the process, the PDAC will use the outcomes as a learning opportunity to improve Good Practice tools, such as e3 Plus – A Framework for Responsible Exploration, and to contribute to future dialogue.
 
The PDAC is committed to developing and improving CSR programs and strategies. The PDAC was involved in the federal National Roundtable Process on Corporate Social Responsibility and Canadian Extractive Industries in Developing Countries. The federal government responded in March 2009 with Building the Canadian Advantage: A CSR Strategy for the Canadian International Extractive Sector.
 
The PDAC supports this multi-faceted approach and is interested in seeing an effective and workable process for reviewing companies’ CSR-related activities. We recognize that this work will encounter growing pains. Local issues can be highly complex, and it is only through actually testing and reviewing such cases that we gain the insight required to yield solutions.
 
 
About the PDAC
The PDAC is a national organization with 8,000 members representing the range of companies and individuals in mineral exploration and development. Our individual members include prospectors, geoscientists, consultants, mining executives, students and people working in the drilling, financial, legal and other supporting fields. The association’s corporate members include exploration and junior mining companies (small and medium-sized enterprises or SMEs), major producing companies, and organizations providing services to the industry.

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