The project must be both viable and profitable and have approval in principle by the authorities and by the local communities, before HGT will consider being involved. If all of the above criteria are met then HGT will consider financing the project.
The project must have economic benefits for the country, but MUST have a benefit for the people in the chosen country. We are interested in projects that not only create employment but have additional benefits for the local communities to inprove their living standards.
HGT can supply in house power generation solutions including wind, solar and thermal power plants all of which are clean and efficient with zero emmissions. Our technology is at work in many places in Africa.
We strive to improve the area for the locals weherever we run a project by building towns and infrastructure for the workers that will survive long after the project is over.
We recognise starting a new project is a huge task and with every new major project, comes the social responsibility to be a functional partner in the communities in which we operate, and the recognition that sustainable practices are critical to corporate success.
People are part of the resource supply chain, supplying the social license to operate in a community. The concept of social license evolved from the more established notion of Corporate Social Responsibility and is based on the idea that mining companies need not only government permission [or permits] but also “social permission” to conduct their business.
While projects are frequently expected to bring benefits to a community — such as infrastructure improvements, education, and job opportunities — we collaborate with legitimate structures within the community to assess the options best suited to their livelihoods. When expectations aren’t met, it can often be traced back to a lack of respect of local customs and values, collaboration within established structures within the community and communication with a community.
“Opening a new mine is always stressful and HGT did a great job of staying positive, helpful, and working with the local community.”
“It was the smoothest implementation process I have ever been through with HGTs’s process and schedule.”
“In addition , let me say how happy the local community are that HGT operate in their area, they are delighted!”