Our Approach

Health & Safety

Emergency Response

Environment

Community Relations

Local Impact

Indigenous Relations

Reports & Policies

•

•

•

•

•

•

•

SUSTAINABILITY

Read our sustainability progress report in detail.

Our Approach

Our Key Beliefs at Tacora (Guiding Principles)Ā 

We believe that all injuries and fatalities are preventable. We believe in a culture where the health and safety of all workers is an overriding value. We believe that excellence in health and safety is important to our long-term success.Ā 

Shared ResponsibilityĀ 

We are collectively and individually responsible for the safety of all workers and all worksites. Individuals must assume responsibility for their own safety and co-workers’ safety by following all safety rules, procedures, and practices, refusing to perform unsafe work, and taking collective responsibility for others’ unsafe conduct. Contractors must also take a leadership role in ensuring worker health and safety and assuring accountability for safety on the worksite.Ā 

Commitment to TrainingĀ 

We understand the importance of workers being fully prepared for the work they do. All workers on our worksite must be competent and fully trained and certified for the work they are performing.Ā 

Continual Improvement

We are committed to the on-going improvement of our practices and support efforts to develop and implement new methods, procedures, and technologies that have the potential to improve safety. We actively engage our workforce to provide feedback and improvement initiatives.Ā 

Recognition of Safety Performance and PracticesĀ 

The commitment to health and safety is to all workers, not just direct employees. When engaging contractors, sub-contractors, and others to provide services, the selection process and administration of contracts include recognition and support of good safety performance and practices.Ā 

Leadership

Our leaders uphold our beliefs, values, and standards. Our leaders never walk past an unsafe activity or workplace condition without taking action. Our leaders believe in leading by example, and actively engage our workforce to provide feedback and improvement initiatives.

Health and Safety

At Tacora, we strive to eliminate hazards and minimize risks to the health and safety of our workforce. To support these initiatives, occupational hygiene risk assessments are conducted through workplace monitoring to identify potential exposures. Based on the assessment findings, appropriate exposure control measures are implemented to protect the health and well-being of our employees. We also have an on-site medical clinic fully staffed with trained and certified medical professionals including Registered Nurses, Licensed Practical Nurses, and trained Advanced Medical First Responders who provide 24-hour coverage 365 days of the year.

Ā Tacora is committed to preventing occupational illness by identifying, assessing, and controlling workplace health hazards. Occupational health programs and procedures have been implemented to monitor workplace exposures, evaluate potential health risks, and establish appropriate prevention and control measures.

Ā Key occupational health initiatives include the Hearing Conservation Program and the Respiratory Protection Program. These programs are designed to protect employees who may be exposed to workplace hazards and include medical assessments conducted at prescribed intervals by qualified healthcare professionals. Medical assessments include chest X-rays and miners’ medical examinations. Miners’ medicals provide a means of monitoring employees’ overall health and wellness, including hearing and respiratory health. This ongoing medical surveillance supports the early detection of occupational health concerns, enables the evaluation of exposure control measures, and ensures appropriate actions are taken to prevent harmful exposures and reduce the risk of irreversible occupational illness or injury.

Ā We have an onsite Emergency Response Team (ERT) to bolster safety and preparedness.Ā  This team focuses on improving rapid response to onsite incidents, including mine-specific emergencies. Tacora’s ERT includes trained personnel ready to handle a range of situations, from medical emergencies to mine rescues, ensuring a higher standard of safety for workers. The commitment to safety aligns with Tacora’s broader strategy of zero-harm, risk management, and workplace safety. We have continuously emphasized that empowering employees with emergency skills and resources is crucial for maintaining a safe and healthy work environment.

Health and Safety

At Tacora, we strive to eliminate all hazards and risks to our workers’ health. To accomplish this, occupational hygiene risk assessments and findings are carried out through monitoring and exposure controls, which protect all our employees’ health. Ā  We also have a Primary Care Paramedic as well as trained Advanced Medical First Responders onsite at all times.

To learn more about safety and our protocols, click here.

We also recognize that the most common occupational diseases are hearing loss and respiratory illness. To mitigate occupational disease instances, programs have been implemented to monitor and assess employees for exposure, and controls have been put in place. The main programs implemented, among others, have been the hearing conservation and respiratory protection programs. The hearing conservation and respiratory protection programs include medical assessments conducted on a prescribed schedule by qualified off-site medical personnel. The medical assessments are comprised of chest x-rays and miner medicals. Miner medicals provide a means of monitoring our employees’ wellness, including their hearing and lung health. As a result, appropriate measures can be taken to safeguard against exposure and irreversible damage to employee’s health.

This year, we have enhanced our Emergency Response Team (ERT) to bolster safety and preparedness. This team focuses on improving rapid response to onsite incidents, including mine-specifi c emergencies. Tacora’s ERT includes trained personnel ready to handle a range of situations, from medical emergencies to mine rescues, ensuring a higher standard of safety for workers. The commitment to safety aligns with Tacora’s broader strategy of zero-harm, risk management, and workplace safety. We have continuously emphasized that empowering employees with emergency skills and resources is crucial for maintaining a safe and healthy work environment.

Emergency Response

Tacora values the implementation of the Company’s Emergency Response Plan (ERP) and has developed measures to safeguard personnel onsite, the environment, community, and property and assets.

The ERP ensures that a necessary emergency preparedness level is available and used as a guidance document for the Tacora operations. The plan was based on an assessment undertaken to identify the types of reasonably foreseeable emergencies, and comprehensive plans developed to support those emergencies.

Our emergency response plans are reviewed regularly, and ERP training has been provided for employees and leaders.
We work very closely with the local Fire Department and have a secured Mutual Aid Agreement in place. Volunteers of the local Fire Department have been on site to become familiar with the business areas, location of fire suppression system and equipment.

Emergency Response

Tacora values the implementation of the Company’s Emergency Response Plan (ERP) and has developed measures to safeguard personnel onsite, the environment, community, and property and assets.

The ERP ensures that a necessary emergency preparedness level is available and used as a guidance document for the Tacora operations. The plan was based on an assessment undertaken to identify the types of reasonably foreseeable emergencies, and comprehensive plans developed to support those emergencies.

Our emergency response plans are reviewed regularly, and ERP training has been provided for employees and leaders.
We work very closely with the local Fire Department and have a secured Mutual Aid Agreement in place. Volunteers of the local Fire Department have been on site to become familiar with the business areas, location of fire suppression system and equipment.

Environment

Water

Senior management demonstrates a strong commitment to water stewardship through robust governance, measurable objectives, regulatory compliance, and continuous improvement across all mine facilities. Tacora has implemented a comprehensive water management framework that includes a site-wide water balance, risk-based surface water monitoring, operational controls, contingency planning, and role-specific training for employees and contractors.

The Water Management Plan identifies and assesses risks to offsite surface water discharge and onsite groundwater impacts, supported by routine monitoring and regulatory reporting. Watershed boundaries and nearby Communities of Interest (COIs) have been identified, with stakeholder impacts assigned for watershed-scale planning. While engagement with local communities and groundwater monitoring for future expansion areas are underway, both initiatives require further development, documentation, and implementation.

Tacora has established measurable water performance objectives and targets based on regulatory requirements and historical performance. Progress is reviewed quarterly through monitoring, action plans, and adaptive management. Public reporting of water stewardship performance is a key component for our Sustainability Report, further strengthening transparency and accountability.

AIR QUALITY MONITORING AND COMPLIANCE

Tacora is committed to minimizing air emissions from mining and mineral processing to protect employees, neighbouring communities, and the environment. Air Pollution Control (APC) systems are maintained and continually optimized to reduce dust generation, improve process efficiency, and minimize emissions.

Ā Air quality is managed through a comprehensive monitoring program that includes stack emissions testing, ambient air quality monitoring, and air dispersion modelling to evaluate mitigation effectiveness, support operational improvements, and ensure regulatory compliance. Two continuous ambient air monitoring stations in Wabush measure sulfur dioxide (SOā‚‚), total suspended particulate (TSP), and fine particulate matter (PMā‚‚.ā‚…), with results reported annually to the Newfoundland and Labrador Department of Environment Conservation and Climate Change.

Ā A 2025 air dispersion modelling assessment found that annual average concentrations of key air contaminants remained below provincial standards. However, worst-case 24-hour concentrations of TSP, PM₁₀, and PMā‚‚.ā‚… exceeded applicable limits at some modelled receptor locations. Stack emissions were identified as the primary source of particulate matter, with additional contributions from haul roads and wind erosion from the Tailings Storage Facility. Tacora continues to use monitoring, modelling, and engineering improvements to reduce emissions, improve environmental performance, and protect regional air quality.

Ā 

EXPANDED SAMPLING FRAMEWORK

Tacora’s water quality assessments extend beyond FDPs to include environmental exposure and reference areas. Twelve monitoring sites—such as Flora Outlet Arm, Wabush Narrows, Long Lake, Walsh River, and Jean River—are visited quarterly. These sites provide data on water quality across operational, reference, and environmental effects monitoring zones.

0m3

Municipal Water Used

Greenhouse Gas Reductions and Climate Change Adaptation

Tacora is committed to reducing greenhouse gas (GHG) emissions and mitigating the climate change impacts associated with its operations. This commitment is supported by a strong governance framework that establishes practical, science-based targets, clear accountability, and continuous improvement in climate performance.

Ā To support climate change adaptation and emissions reduction efforts, Tacora is implementing a facility-level Climate Change Management System overseen by a centrally governed Steering Committee. This structure provides formal oversight while enabling operational departments to maintain accountability of relevant data and actions. Through this approach, Tacora is developing a long-term emissions reduction strategy focused on achieving a 10% annual reduction in GHG emission intensity by 2030.

Ā Tacora’s Climate Action Plan is focused on measurable emissions reductions and climate resilience through the following initiatives:

  • Developing annual GHG emissions inventories to establish a baseline and track progress;
  • Identifying opportunities where emission reduction measures are practical, effective, and achievable;
  • Implementing technologies and operational improvements that increase efficiency, reduce energy consumption, and lower GHG emissions;
  • Collaborating internally to align climate initiatives with evolving policies, regulations, and industry best practices;
  • Regularly reviewing and adapting strategies as technologies, climate objectives, and operational conditions evolve;
  • Engaging Communities of Interest (COIs) on climate-related risks, opportunities, and adaptation measures; and
  • Publicly reporting on climate-related risks, adaptation actions, and progress toward emissions reduction objectives.
Industrial Hygiene

 

As part of Tacora’s Health, Safety, and Environment program, industrial hygiene plays a crucial role in protecting employee health and well-being. Workplace hazards, including physical, chemical, ergonomic,​​ and biological agents, can lead to acute injuries and long-term chronic effects if not addressed. Tacora focuses on proactively identifying, monitoring, and reducing these exposures to minimize risks and prevent occupational diseases.

The company’s industrial hygiene programs assess potential risks specific to operational areas and work groups, using the hierarchy of controls to mitigate exposures effectively. Comprehensive procedures and monitoring systems have been implementedĀ  to manage and control these hazards,Ā  ensuring a safer workplace for all employees. These efforts highlight

Tacora’s commitment to prioritizingĀ  health and safety in all aspects of its operations.

Tailings Storage Facility

The primary purpose of the Tailings Storage Facility (TSF) is to provide a secure containment area for end-of-pipe tailings deposition. Tacora’s TSF is subject to ongoing oversight by an independent third-party Engineer of Record and periodic review by a Senior Independent Reviewer. Engaging qualified industry experts provides assurance that the facility is managed in accordance with global tailings safety practices, protects communities and ecosystems, and supports responsible mining through transparency and adherence to established standards. Tacora Resources has demonstrated its commitment to responsible tailings management by implementing safety measures consistent with the Mining Association of Canada’s Towards Sustainable Mining (TSM) protocols.

Ā 

The Flora Basin, which serves as the designated TSF at the Scully Mine, consists of two water bodies connected by tailings beach: North Flora Lake (NFL) and South Flora Lake (SFL). A natural elevation difference between the two lakes has created an overflow channel through the Tailings Storage Facility allowing water to flow from SFL to NFL in a south-to-north direction. Water from NFL is passively discharged to Wabush Lake through two corrugated steel culverts without active treatment or flow control. Water quality is managed through natural settling processes within NFL and SFL, and discharge quality has generally remained within established criteria, with occasional short-term exceedances of suspended solids during spring thaw and high runoff events.

Ā 

Groundwater chemistry monitoring within the TSF is not currently conducted, as deposited tailings are considered low risk for acid generation and chemical leaching. However, additional monitoring programs are in place, including real-time water level monitoring in NFL and SFL, water quality sampling at the final NFL discharge location, and Dam Safety Inspections that include scheduled piezometer readings to assess seepage conditions and confirm dike stability.

Ā 

The TSF dike is classified as Significant, the lowest risk category under Canadian Dam Association (CDA) criteria. The coarse nature of the deposited tailings supports effective drainage and provides potential opportunities for future use as construction material for embankment development. Ongoing safety protocols, monitoring programs, and rehabilitation initiatives support long-term facility stability, erosion control, environmental protection, and material circularity.

Ā 

Progressive rehabilitation of inert tailings substrates is focused on developing practical stabilization approaches suited to northern Labrador conditions. The evolving rehabilitation program integrates physical stabilization techniques, locally sourced organic materials, and biologically supported ecosystem recovery strategies. Building on previous revegetation and phytoremediation research conducted on the North Dike and lower benches of the South Dike, the TSF rehabilitation strategy has been refined to prioritize:

Ā 

  • Increased initial wind resistance;
  • Improved organic matter retention;
  • Enhanced microbial establishment;
  • Greater moisture retention and stability;
  • Reduced risk of mulch displacement; and
  • Improved long-term ecological succession potential.
Biodiversity

Tacora is advancing a structured Biodiversity Monitoring Program at the Scully Mine to support proactive biodiversity management regulatory requirements. The program, developed in alignment with environmental approval conditions under the Scully Mine Tailings Impoundment Area Expansion Project, will establish a consistent framework to identify, monitor, and manage species at risk, species of conservation concern, and wildlife interactions within the Scully Mine Site.

 

The program will include three key components: a centralized biodiversity database, GIS-based habitat and species mapping, and a multi-species monitoring program. Monitoring will encompass vegetation, mammals, birds, bats, amphibians, and other representative wildlife species, with priority given to legally protected species, regionally significant species, and species with potential interactions with Scully Mine lease boundaries.

 

Through field surveys, passive monitoring tools, and spatial analysis, Tacora will establish baseline ecological conditions, evaluate habitat use, and track changes over time. The program will support adaptive management by improving understanding of biodiversity values within the Scully Mine landscape and identifying opportunities to reduce operational risks.

 

This proactive approach will transition biodiversity management from a reactive process to a comprehensive, science-based system that supports environmental performance, conservation planning, and alignment with Mining Association of Canada (MAC) Towards Sustainable Mining (TSM) expectations.

Community Relations

At Tacora, we are committed to supporting our local communities and aim to make a positive and lasting impact by contributing to the sustainability and prosperity of the communities in which we operate. Tacora’s continued mission is to develop long-term lasting sustainable relationships built on shared values and common goals.

We believe that being socially responsible is essential to our operating and financial success. We are committed to developing relationships based on open and honest communication with our stakeholders and communicating with them in a timely manner. We highly value community engagement and work continuously to maintain our license to operate. Our goal is to maximize the benefits of mining while minimizing any negative consequences from our activities.

Our operations regularly engage with community stakeholders to incorporate their values and concerns into our business activities. Our engagement programs and activities include formal and informal communication and feedback sessions; community partnerships; sponsorships and community investments.

Tacora donated $5000.00 to the Salvation Army for their recent kitchen renovations. This will allow them to continue with their Outreach Ministry for the communities of Wabush and Labrador City.

Tacora Resources had the pleasure of transferring land to Faiths Haven Animal Shelter to help support Faiths Haven with their new facility for animals in need in our community.

In 2020, Tacora procured a total of $147,920,860 in goods and services. Of the $117,657,735 that was procured locally in Newfoundland and Labrador, $115,885,898 was directly procured within the Labrador region.

Tacora has a 3-year agreement with the Town of Wabush, whereby Tacora pays a grant-in-lieu of taxes to the town in the amount of $1.6 million per year. The agreement expires in 2022.

Tacora proudly presents the Adam Salomon de Friedberg Apprentice Scholarship Program, providing $3000 for new students entering 1st year into an apprentice trades program related to the mining industry, in memory of Adam Salomon De Friedberg.

Tacora also offers a ā€œWomen in Miningā€ Trades Scholarship Award to encourage and support the growth of a diversified skilled mining workforce within the Labrador West region. These scholarships are available during each academic year.

Tacora has agreed, in partnership with the Town of Labrador City and the Iron Ore Company of Canada, to pay to the Town of Wabush a sum of $200,000 for three years (2019-2021).Ā 

In 2020, Tacora procured a total of $147,920,860 in goods and services. Of the $117,657,735 that was procured locally in Newfoundland and Labrador, $115,885,898 was directly procured within the Labrador region.

Tacora has a 3-year agreement with the Town of Wabush, whereby Tacora pays a grant-in-lieu of taxes to the town in the amount of $1.6 million per year. The agreement expires in 2022.

Ā In 2021, TacoraĀ  has donated to such groups as the Kids Club Indoor Playground, Menihek Nordic Ski Club, Encore Community Arts Association, Labrador West Salvation Army, Ronald McDonald House/Momma’s Dream Team, Wabush Fire Department, Labrador West Ground Search and Rescue, Ducks Unlimited and other non-profit organizations.

Tacora sponsored April Allen‘s debut at the Paris and Milan Fashion Weeks, showcasing a collection named “Arctic Elegance” that celebrates the beauty, resilience, and heritage of Inuit culture.

Tacora sponsored the Meet and Greet to kick off the 2024 Expo Labrador, providing opportunity for connection between fellow Labrador Businesses and Organizations.

Tacora is an active member of the Labrador West Chamber of Commerce.

Sydvaranger regularly consults with local politicians, environmental organizations, the Reindeer Grazing District 5AC Pasvik, the Sami Parliament and neighbors of the mining area.

Tacora Resources Community Giving Fund

Ā Tacora has established a Community Giving Fund to which community groups may apply for funding assistance.Ā All requests are assessed under a criteria matrix and each request is evaluated on an individual basis.

Local Impact

 

At Tacora, we recognize the importance in delivering economic benefits (direct and indirect) for the communities, businesses, and governments where we operate. Tacora supports the principles of first consideration and full and fair opportunity for suppliers located within the Province of NL, and works hard to create local impact wherever we operate.

We recognize that local employment is a primary benefit of our operations for local stakeholders, where 95% of Tacora employees are local. Through local employment, there are indirect impacts in stimulation of local economies, including demand for various local goods and services.Ā 

Tacora commits to working with the province to identify trade shortages and implement training/apprenticeship programs in these areas. Educational opportunities and employee skill development are also offered by Tacora.

We believe in contributing to the prosperity and sustainability of our local and regional economies, and continue to invest in social, educational, environmental, and recreational programs that benefit local communities.

 

Indigenous Relations

Tacora recognizes the rich diversity of Indigenous Peoples who live in the region where we operate. We engage directly with Indigenous communities to foster meaningful and mutually beneficial relationships and seek to ensure our operations are respectful to Indigenous rights, cultural beliefs, and aspirations. We are committed to consulting with the five Indigenous Groups that claim traditional rights in Labrador West: Innu Nation of Labrador, Naskapi Nation of Kawawachikamach, Innu Nation of Matimekush-Lac John, Innu Nation of Takuaikan Uashat Mak Mani-Utenam, and NunatuKavut Community Council.

Tacora believes that participation from Indigenous Peoples ensure that a diverse range of perspectives, ideas, and local knowledge are considered in our operations. We facilitateĀ  participation in a variety of ways, such as the Stakeholder Consultation Committee, Indigenous Partnership Agreements, permit review process, and ongoing communication through dedicate team members.

 

Stakeholder Consultation Committee

A Stakeholder Consultation Committee was established to facilitate the timely exchange of information and to provide an avenue for Tacora to receive feedback directly from communities. Participation in the Stakeholder Consultation Committee ensures representation from Indigenous Groups inĀ  decision making, which helps align Tacora’s operations with community and cultural values, advancing sustainability and inclusivity.

 

Partnership Agreements

Tacora has established a partnership agreement with Innu Nation and is working to implement agreements with the remaining groups. These agreements aim to ensure meaningful consultation and engagement on issues such as employment, business, environment and culture.