Governance & Risk Management
Dual-jurisdiction registration, DRC Mining Code compliance, and a comprehensive risk framework — structured for investor confidence and operational accountability.
DRC Registration
CD/KNM/RCCM/26-B-00355
Canada Corp No.
1793273-1
Framework
DRC Mining Code
Audit status
In progress
Operational Integrity
DRC Mining Code Compliance
Operations conducted under Law No. 18/001 — DRC Mining Code. RCCM registration CD/KNM/RCCM/26-B-00355 confirms legal standing. All cooperatives hold valid exploitation licences.
Dual Jurisdiction Registration
Incorporated under the Canada Business Corporations Act (Corp. No. 1793273-1) and registered in DRC. Dual registration provides investor governance protections under both legal systems.
Zero-Tolerance Standards
Zero-tolerance policies for corruption, conflict mineral sourcing, and environmental non-compliance. Anti-bribery and FCPA-aligned procurement procedures across all vendor and cooperative relationships.
International Standards Alignment
Supply chain practices aligned with LBMA Responsible Gold Guidance. Offtake agreements structured with recognized refiners. Progressive adoption of ICMM and Extractive Industries Transparency principles.
Comprehensive Risk Management
BYM maintains a structured risk register with active mitigations for all material operational, financial, regulatory, and environmental risks. Risk severity and probability are assessed quarterly with board-level oversight.
Geological
Multi-site diversification across 4 contiguous concessions reduces single-point geological risk.
Regulatory
Full compliance with DRC Mining Code. Licensed cooperatives with established regulatory relationships.
Logistics
Pre-positioned equipment, multiple transport routes, and strategic fuel reserves.
Security
Dedicated security team, community integration, and coordination with local authorities.
Commodity Price
Low break-even threshold (302g/day) provides significant margin of safety against price drops.
Operational
Redundant equipment, trained maintenance teams, and spare parts inventory.
Environmental
Progressive environmental management and rehabilitation planning from day one.
Currency
Revenue denominated in USD through international gold markets. Limited local currency exposure.