Corporate Responsibility

Geovic Mining Corp (GMC) is committed to sustainable development and social responsibility. By this we mean that our long-term welfare is directly related to the welfare of the people and communities in the areas where we operate. In the end, these are the people who should be the main beneficiaries of our cobalt mining activities.

We expect to leave behind the capacity for a better future for our hosts. This commitment encompasses the following values:

• Treating all parties with equity and respect;

• Promoting transparent business relationships;

• Building trust through partnerships with stakeholders;

• Understanding and respecting the rights of indigenous peoples to retain their culture, identity, customs and traditions;

• Developing self reliability through compassionate education and training; and,

• Demonstrating creativity, integrity and excellence in all our endeavors.

GMC is also committed to excellence with regard to the environment. We recognize and embrace the concept that sound environmental management is essential for our business.

Understanding, minimizing and mitigating all environmental impacts, as well as using all resources prudently and efficiently, is critically important to GMC. We pledge to conduct our activities in a manner that safeguards all the resources under our stewardship, whether they are minerals, forests, water, land or air.

The best way to reduce the effects of our operations on the environment is to disturb as little of it as possible. We will implement sustainable development initiatives that meet present needs without compromising those of future generations.

In Cameroon, GMC is developing an understanding of how the interplay of social, ideological, environmental and economic factors affects the fragile balance of the country's ecosystem. GMC is developing its GeoAid (“Earth Aid”) program to ensure that sustainable and high quality environmental and socio-humanitarian standards are an integral and essential component of the Company's mining operation. This program is more fully outlined in the document "Geovic, GeoAid and the Environment."