CEO Message

In 2020, Pretivm continued to focus on strengthening its environmental, social and governance performance. The global COVID-19 pandemic altered our lives significantly, yet our team remained resilient and adapted to face the constantly evolving obstacles.

Despite the challenges associated with COVID-19, for the first time in the Company’s history, we achieved our annual gold production guidance and financial targets. Additionally, we maintained our relationships with our First Nation partners and the communities near the Brucejack Mine, we strengthened our health and safety program and we continued to take steps to improve our operations, including a trial of zero-emissions mining haul trucks.

For the duration of 2020 we operated without a COVID-19 incident at Brucejack.  Early in 2021 a COVID-19 outbreak was declared at Brucejack and we acted quickly to impose travel restrictions. Fortunately, the majority of positive cases were restricted to a limited group. Thanks to the swift response of our team, we were able to resume travel to and from Brucejack within a week. The strong relationships we had established with our First Nations partners and the ongoing, collaborative efforts to maintain communication was a major contributor to that success. With enhanced protocols and procedures in place, including rigorous testing, production has continued without interruption. Our primary commitment remains the safety and health of our employees, contractors and neighbouring communities.

There were several adjustments to the leadership structure through 2020. Recognizing experience and potential we promoted several talented and exceptional women from within the business. These promotions filled key roles such as the Chief Mine Geologist, Camp Service Assistant Manager and Resource Manager and demonstrate our commitment to increasing diversity in our workforce.

In 2020, we developed and launched a refreshed set of core values to unify our corporate culture and to serve as the foundation that anchors all of our decisions and actions.

Safety remains our most important value. Tragically, we suffered a fatal accident at Brucejack in 2020. This serves as a reminder of the critical importance of safety in all aspects of mine site operations.

As a result, we refocused our efforts and have implemented a comprehensive overhaul of our safety management practices across the company. We will do everything we can to avoid the repeat of such an event in the future.

Pretivm is already established as an industry leader with one of the lowest greenhouse gas emissions intensities in the gold mining industry. Even so, we strive to improve our sustainability performance year-over-year to differentiate Pretivm even more from our peers.

An exciting project we have been working on is the introduction of battery electric haul trucks to replace our diesel-powered underground fleet. After a successful trial run, we purchased our first electric truck in 2021 and have committed to replacing the remainder of the fleet by the end of 2023. This will reduce GHG emissions by nearly 7,000 tonnes annually. It will also reduce operational costs and improve working conditions for our underground team.

In 2020, we launched a thorough materiality assessment to understand and prioritize the sustainability topics most relevant to our business, First Nation partners, investors, customers and other stakeholders. Based on the results of this assessment, we have established a series of annual goals to evaluate our sustainability performance and progress for the first time, beginning in 2021.

These goals serve as a baseline from which to advance our sustainability program and support future planning and goal setting. They are intended to help us minimize our environmental impact, ensure the safety of our workforce and benefit neighbouring communities and Indigenous groups.

We take our responsibilities very seriously and strive to become an industry leader across our environmental, social and governance performance. Our values, including Courage to Care extend beyond our workforce to the communities that surround our mine and the environment in which we operate.  

 

Jacques Perron, President, CEO & Director of Pretium Resources Inc.