Impact by design

The group's impact is felt both at Soleil Metals' plants and upstream, among the miners who supply them. 2025 forms the baseline against which future ESG trajectory will be measured.

The principle

Impact is an outcome of the model

OCIM requires the elimination of the sector’s main externalities, mercury, informality and unsafe conditions, as a condition of commercial relationships. A mining partner joins the supply chain by meeting a defined standard, which tightens as compliance, formalisation and production mature.

OCIM acts where it holds real leverage: at the mine, through the requirements it sets before  buying, and at the plant, through direct operation and control.

The 2025 baseline.

2025 is the reference year against which OCIM's transformation will be measured, the first with the compliance framework at full architecture, Swiss Better Gold Step 1 confirmed on both plants, and xTrace extended to full production.

Environment

The group is progressively eliminating mercury from the sourced material and containing the cyanide used in its place in closed-circuit installations at the plants.

Upstream · at the mine

Ore leaves the extraction site without undergoing chemical treatment. The reason is that all metallurgical processing takes place in Soleil Metals' controlled facilities. Centralised treatment removes the need for mercury at the mine, and increases the miner's recovery rate.

0
Amalgamation mercury

Elimination of the need for mercury upstream

Midstream · at the plants

Both plants operate, on a closed loop cyanidation circuit without mercury. Water is recirculated, and residues are contained and monitored. Environmental baselines and the HSE management system were developed during the year.

55%
Water recirculation rate

baseline to be raised in 2026

Social

The group makes formalisation a rational economic choice for miners, ensures workplace safety and fair conditions across plant and supplier operations, and builds constructive relations with communities areas where plants are located.

Upstream · the miner partners

In 2025, a support model was defined and deployed in 2025: comprising technical assistance, field engagement, and progressive improvement plans. The aim was to make safer practice and formal status achievable, and therefore durable.

300
Active ASM suppliers

in the compliance pathway, as at publication

Midstream · the teams and communities

The plants were restarted and rebuilt with a full industrial workforce within nine months. A safety culture has been developed through procedures, inductions and training. Neighbouring communities are treated as long term counterparts and are engaged, in continuous dialogue with the plants.

250
Group headcount

at 31 December 2025

Governance

The group installs a compliance framework that makes its environmental and social commitments verifiable by third parties.

Upstream · the suppliers

Every partner undergoes due diligence, traceability and responsible sourcing checks. No ore enters the chain until the file is complete. The Swiss Better Gold model was developed in 2025 for progressive deployment across the supplier base.

100%
Suppliers screened

against sanctions lists, at onboarding and periodically

100%
Suppliers in the compliance pathway

upstream KYC completed before first lot

Midstream and group

Compliance is consolidated at OCIM Metals & Mining SA in Geneva under Swiss anti money laundering law. Country risk is managed at group level. The ESG management framework is being developed using the same architecture.

RMI
Audit in progress

grievance mechanism being strengthened

LBMA
Responsible Sourcing framework

applied across the chain

From baseline to framework.

After establishing the baseline, the ESG strategy will be implemented and scaled as the group grows.

2026

Build the foundation

  • Formalise group's ESG strategy, setting out its objectives, commitments and management systems
  • Conduct benchmarking and a double materiality assessment
  • Establish environmental baselines and the reporting framework
  • Initiate the assessment Scope 1 and Scope 2 emissions
  • Complete the RMI process and strengthen the grievance mechanism

2027

Extend the perimeter

  • Publish the first standalone ESG report, with targets and time-bound commitments
  • Integrate the ESG framework into the refinery

Vision 2030

Hold the standard while scaling

  • Carry the same ESG and compliance framework into upstream concessions
  • Replicate the model in a second South American country with the same entry standard