Donation and Sponsorships
In any calendar year, Capstone will donate, on an annual basis, a percentage of its annual cash flow* to organizations in the communities where its employees and its subsidiaries' employees work and operate.
The donations will be distributed between Capstone and its subsidiaries and preference will be given to non-profit organizations and events likely to provide long-term benefit to the citizens of the province or state wherein Capstone does business.
Organizations supported must provide direct services to the communities, should be a registered charity and support Capstone's and our employees' values.
Capstone will consider the following categories:
- Local Communities, including Indigenous Peoples.
* Operating Cash Flow is after deduction of all capital, exploration, taxes, royalties and scheduled debt repayments.
Vancouver, BC, Canada
BC Children's Hospital
Capstone Mining Corp. is dedicated to giving back to the communities in which its employees live and work. Capstone supports the BC Children's Hospital, a facility that serves children and families in every corner of the province and Yukon Territory.
Capstone has engaged in the Mining for Miracles Committee, the mining industry's annual fundraising campaign for BC Children's Hospital and in 2010, Capstone committed to fund $3 million over seven years to the Oncology Outpatient Clinic in the new BC Children's Hospital. At any given time, close to 1,000 children from BC and Yukon are in active cancer treatment at BC Children's Hospital.
"BC's children are the heart of our community. We want to support the young minds who have so much potential for our mining community. We believe that making an investment in their lives will offer a bright new perspective for the future." - Darren Pylot, president & CEO, Capstone Mining Corp.
Minto Mine, Yukon, Canada
In 2009 Capstone's Minto Mine partnered with the Yukon Hospital Foundation to assist with upgrading the Whitehorse hospital by purchasing Digital X-Ray and MRI equipment. This donation allows for the residents in Yukon access to advanced medical technology, which means patients no longer need to travel outside of the Territory. In 2011, the Outpatient Lab in Whitehorse was dedicated to Capstone's Minto Mine.
Whitehorse Food Bank and Community Organizations
In order to help people living in Whitehorse who require assistance feeding their families, Capstone's Minto Mine donates a portion of its revenue to the Whitehorse Food Bank. In addition, donations are also made to local community organizations. To date these have included Relay for Life , Yukon Special Olympics and Community Sports Teams.
Cozamin Mine, Zacatecas, Mexico
Hacienda Nueva Community
Capstone's Cozamin Mine in Zacatecas, Mexico provides financial and community based support to assist with the following areas:
- Education - Upgrades and improvements to local schools
- Sporting and Recreation Facilities - Addressing the needs of the community including providing children with safe areas away from the risks of substance abuse and the construction of new sporting facilities
- Community Engagement - Scholarships to local students and by aiding elderly ejido (communal land) members.
In 2011, Capstone's Cozamin Mine provided financial assistance to improve schools, parks and gardens in the state capital. Cozamin's involvement with the city of Zacatecas has been recognized through the awarding of the Social Responsible Company Certification and Family-Responsible Company Accolade. In addition, Cozamin's support also extends to:
- Red Cross - Improving existing materials and safety equipment
- Fire Fighters - Financial support
- Asociación pro personas con parálisis cerebral (APAC) - Financial support to APAC - a private assistance institution to promote physical and mental development for people with Cerebral Palsy, helping them to integrate into society.
For Donation and Sponsorship Requests Contact:
Senior Vice President, Strategy & Stakeholder Affairs