SIDEX acknowledges the importance of sustainable development for the mining sector in Québec and contributes to the development of various initiatives.
Adoption of a sustainable development policy by companies
Since late 2011, SIDEX has requested that companies in which it invests provide a copy of their sustainable development policy or a commitment to adopt such a policy in the 6 months following an investment.
Junior companies are asked to include in their policy good governance practices and compliance with regulations in the performance of all activities regarding health, safety, the environment, economic benefits, and communications with local stakeholders and other land users.
Development of a sustainable development certification standard for mineral exploration
SIDEX has agreed to contribute financially, along with other funds in Québec, to the development and promotion of a sustainable development certification for junior exploration companies. This project is led by the Chaire en Entreprenariat Minier UQAT-UQAM in collaboration with the Québec Mineral Exploration Association (AEMQ).
The standard is expected to be available by late 2016.
Translation of PDAC’s e3 Plus norm
SIDEX has supported the translation in french of Prospectors & Developers Association of Canada (PDAC) e3 Plus norm. This norm which is internationally recognized, provides a practical guide designed to help mineral exploration companies continuously improve their social, environmental, and health and safety performance.