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Resettlement

Significance

When a project is developed close to the community, it is sometimes necessary to relocate the people residing in the license area. Poor management can have adverse consequences on the quality of life of existing communities and the Company’s social license to operate.

Management Approach
The Company’s resettlement management standard is developed in line with the international guidelines such as the International Finance Corporation (IFC) and the International Council on Mining & Metals (ICMM). It is clearly stated that unnecessary resettlement should be avoided since it has a detrimental effect upon the quality of life of those affected communities. However, where resettlement is unavoidable, the Company then strictly follows the standard comprising of 6 key measures to minimize potential impacts.

1.Mutual agreement setting to develop objectives and mutual agreement with government agencies

2.Strategy formulation to develop implementation strategy

3.Expert consultation for maximum effectiveness of resettlement management

4.Stakeholder consultation to study the concerns of related stakeholders

5.Resettlement planning to develop resettlement plan and use as a framework

6.Monitoring and evaluation to measure the progress against plan and the outcomes

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