Golden Star updates policy on human rights

Golden Star Resources Limited has undertaken a holistic review of its policy on human rights following engagement with stakeholders in 2020.

The company has released the new policy with enhanced alignment to internationally recognized human rights standards and the World Gold Council’s Responsible Gold Mining Principles.

Commenting on the changes, Chief Executive Officer of Golden Star Resources Andrew Wray said: “Robust corporate governance mechanisms are essential for generating long-term sustainable value for our stakeholders. As outlined in our 2020 Corporate Responsibility Report, a review and subsequent update of our Policy on Human Rights was one of our key objectives for sustainable governance in 2021″.

He indicated that the launch of the enhanced policy, coinciding with the World Day for Cultural Diversity for Dialogue and Development, was an important milestone in the firm’s roadmap towards greater inclusion and diversity.

These new commitments reflect “the vision of becoming a sustainable, diversified mining company that all our stakeholders are proud to be associated with and,
are underpinned by behaviours that align with our values of fairness, collaboration, caring, honesty and respect.”

Below are objectives of the policy as captured by Golden Star Resources Limited:
• Strengthening our commitment to best practices to align with the United Nations (“UN”) Global Compact as
the platform for supporting the implementation of the UN Guiding Principles on Business and Human Rights
– the main global framework for business and human rights;
• Alignment with key requirements of the RGMPs;
• Integration of the human rights elements incorporated in the Global International Standard for Tailings
Management;
• Key expectations from investor rating agencies;
• Alignment with our culture and values as a business; and
• Establishing a platform to continue our strategic work on providing a safe, inclusive and rewarding work environment.
The Policy includes new and specific commitments to:
• Support the UN Guiding Principles on Business and Human Rights, including recognition that Golden Star
has a responsibility to respect the human rights of its stakeholders;
• Support the International Bill of Rights, which includes the Universal Declaration of Human Rights, the
International Covenant on Civil and Political Rights and the International Covenant on Economic, Social and
Cultural Rights; and
• Uphold the International Labour Organization Declaration on Fundamental Principles and Rights at Work.

Golden Star is an established gold mining company that owns and operates the Wassa underground mine in Ghana.

Listed on the NYSE American, the Toronto Stock Exchange and the Ghana Stock Exchange, Golden Star is focused on delivering strong margins and free cash flow from the Wassa mine.

As the winner of the Prospectors & Developers Association of Canada 2018 Environmental and Social Responsibility Award, Golden Star says it remains
committed to leaving a positive and sustainable legacy in its areas of operation