Environmental and social impact assessment
In 2016, European Bank for Reconstruction and Development (EBRD) and Wardell-Armstrong (WAI) completed a detailed review of the social and environmental issues linked to our Kyzyl gold project in north-eastern Kazakhstan.
Based on this review, a formal Environmental and Social Impact Assessment (ESIA) has been issued by WAI for meeting environmental and social requirements of the EBRD that is considering the opportunity to finance the project.
The ESIA is a comprehensive analysis of any risks and opportunities linked to all key areas of the Kyzyl project, including its environmental, socio-economic and cultural effects.
Polymetal has also agreed with EBRD on the Environmental and Social Action Plan (ESAP) which includes a series of actions that Polymetal will implement in order to avoid, reduce, control, or otherwise mitigate potential environmental, occupational health and safety, and social impacts during Kyzyl construction and operation.