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extends to the local municipality
through a range of highly successful
corporate social responsibility (CSR)
initiatives. In each of the past 10 years,
El Mochito mine has won the prestig-
ious Empresa Socialmente Respon-
sible (‘Socially Responsible Busi-
ness’) award from the Foundation for
Corporate Responsibility in Hondu-
ras (FUNDAHRSE). “We give back
to communities to a very large deg-
ree,” enthuses Buncic. “We operate
a hospital and two schools, and we
run smaller programs with respect toschool lunches and environmental
efforts. We have 11,000 hectares of
forestland on our property, and we
do a lot of reforestation and environ-
mental preservation on that land.”
As for the mine itself, incremental
infrastructural upgrades have been
vital to the leap in production, the sharp
rise in the quality of the ore produced,
and the efficiency with which that
produce is brought to the surface.
“We have been able to access some
new high-grade areas of the mine that
were not previously available, and our349349349http://www.businesschief.com