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Uranium One

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Social Programs

The fundamental objective of Uranium One’s social programs is to enhance the lives of individuals living in the areas in which our operations are based. This is achieved through key financial commitments to education, employment and rehabilitation programs, as well as participation in municipal and regional charitable projects.

Kazakhstan

The main focus of our social programs in Kazakhstan is to provide long term assistance to disadvantaged or unprotected segments of the population, including children, war veterans and the disabled. Since 2007, through its Almaty branch office, Uranium One has cooperated with the Department of Employment and Social Programs to provide aid to children from low income families, the Centre of Rehabilitation for social adaptation of handicapped children, and to the Council of Great Patriotic War Veterans.

We have also made it a priority to support orphanages in the Talgar and Medeu regions of Almaty. In 2010, the Company and its joint venture partner funded the building of a protective fence around an orphanage in Talgar. Further, in 2011 the Company set aside funding for scholarships for children at the Baganashil and Talgar orphanages.

We are also actively involved in the regional development of social sphere projects within Kazakhstan. In 2011, Uranium One signed a memorandum of cooperation with the Akimat (provincial government) of South Kazakhstan Oblast and NAC Kazatomprom JSC to develop social and economic sectors in South Kazakhstan. Pursuant to the memorandum, the Company plans regional investments of:

  • US$13,500 for extensive repair of multi-story houses located in central Shymkent City; and
  • approximately US$339,000 for additional financing for the construction of a secondary school to accommodate 200 schoolchildren in Zhartytobe village.
     

Through its cooperation with the Canadian Eurasia Russia Business Association (CERBA), Uranium One is also involved in one-time sponsorship events within Kazakhstan.


United States

In the United States, Uranium One’s current social responsibility initiatives are aimed at supporting more than a dozen charitable organizations in Colorado and Wyoming. Among these, is a 2010 US$75,000 contribution to Salt Creek Emergency Services, a volunteer fire and emergency medical services organization providing assistance to small communities in central Wyoming.

In addition, the Company offers financial support for higher education:

Casper College
Casper College is located in Casper, WY, home of Uranium One’s US head office. In 2010, the Company donated US$12,000 in support of four scholarships for non-traditional students. The scholarships were in support of majors in two Geographies Information Systems, and one each in Electronics Technologies and Extractive Resources Technologies.

Colorado State University
In 2010, Uranium One donated US$75,000 to establish the Uranium One Scholarship Endowment at Colorado State University (CSU) in Fort Collins. CSU hosts one of America’s premier environmental and radiological health (ERH) undergraduate and post graduate programs, and is the only environmental health program in the nation that incorporates radiological health into its core curriculum. The U1 permanent endowment is managed by the CSU Foundation.


Australia

In Australia, the Company has undertaken a number of initiatives intended to ensure that the development and operation of its Honeymoon mine positively impacts the local people and communities. These include initiatives to improve local infrastructure – for example, undertaking the full maintenance of a 52 km stretch of public gravel road leading to the Honeymoon mine site, to source goods, materials and services from local suppliers and to improve the availability of trained and qualified employees from the local community.

The Company is also committed to working with local communities to ensure close working relationships with local stakeholders are developed and maintained. This has involved financial donations to the local foundations, such as the Broken Hill Community Foundation, and partnering with an employment services provider which specializes in the recruitment, development and retention of indigenous people. We have also established a consultative committee comprising members of the Adnyamathanha Traditional Lands Association to facilitate improved communication on key issues. We also regularly engage with neighbouring pastoral stations to ensure lines of communication are kept open.

The Company also makes an A$20,000 bi-annual payment to the Adnyamathanha native people under the terms of our Honeymoon mining lease.