SUPPLIERS Supplier relationship management

Supplier relationship management

Supplier collaboration

At Golden Mine Projects, we recognize the potential for valuable outcomes through strong collaboration with our suppliers. That's why we choose to establish relationships built on trust, loyalty, and mutual gain. We view our suppliers as more than just vendors; instead, we aim to foster long-term partnerships characterized by open dialogue and a shared sense of responsibility. Ideally, both parties should have a vested interest in the partnership.

Golden Mine Projects relies on a network of large-scale suppliers and contractors to execute various tasks across its mining, development, and construction operations. All suppliers and contractors are integrated into Golden Mine Projects' own health and safety management systems, ensuring a safe and healthy working environment for everyone involved. To address any concerns related to human rights violations, stakeholders have access to a confidential third-party whistleblowing hotline provided by Golden Mine Projects.

In cases where such complaints are reported, Golden Mine Projects takes prompt and decisive action to address the issues.

Strategic partnerships

Strategic partners of Golden Mine Projects are those who provide key commodities and/or services to our operations. These suppliers usually necessitate more attention than those who offer low-value/low-risk goods and/or services.

To progress beyond a transactional relationship, the parties must be willing to share long-term goals. This frequently involves the disclosure of sensitive commercial information to a key supplier, allowing them to organise their actions in accordance with Golden Mine Projects' long-term strategy (and vice versa). This necessitates a high level of trust between the parties, which Golden Mine Projects considers important for a successful strategic relationship.