We fulfill our responsibility to employees, investors, host communities and the general public by governing our company with accountability, transparency and integrity.
Our corporate governance practices are set out in our Management Information Circular.They address key issues such as:
- Board responsibilities, composition and committees
- Director independence and integrity
- Ethical business conduct
- Executive compensation
The Board of Directors is ultimately responsible for overseeing the management of the business and affairs of the company and, in doing so, is required to act in the best interests of the company.
The Board’s responsibilities include (i) the review and approval of corporate strategies, financial statements and its annual budget; (ii) monitoring management performance; (iii) appointing and assessing the performance of the Chief Executive Officer; (iv) ensuring effective management processes are in place; and (v) ensuring risks are properly identified and appropriate procedures for risk mitigation are in place.
The Board discharges its responsibilities either directly or through four committees – the Audit Committee, the Compensation Committee, the Nominating and Governance Committee and the Environment, Health and Safety (EHS) Committee. Committee mandates are outlined in the Management Information Circular.