The Mining Association of Canada (MAC) awarded Eldorado Gold's Lamaque Complex the Towards Sustainable Mining (TSM) Gold Leadership Award for outstanding performance in 2025. External verification confirmed the Lamaque Complex achieved Level AAA, the highest possible score, across all applicable TSM performance indicators. Only five other facilities have received this recognition to date, marking the first award since 2020.
"Receiving the TSM Gold Leadership Award for our Lamaque Complex is a tremendous honour for Eldorado Gold," George Burns, CEO of Eldorado Gold, said. "This achievement reflects our unwavering commitment to responsible mining and environmental stewardship both in Québec, as well as across our global operations where we apply TSM protocols as a matter of practice."
"The Gold Leadership Award represents the best of the best when it comes to exemplary responsible practices and strong commitments to environmental and social performance," Pierre Gratton, MAC's president and CEO, said. "Our industry has a particularly important role to play in ensuring that the minerals and metals needed for the economy, national security, and the technologies we rely on are readily available, and it is essential that they are produced to the highest standards in the world, including through TSM."
About the Lamaque Complex
The Lamaque Complex operates in Val-d'Or, Québec, where commercial production began March 31, 2019. The facility has produced over one million ounces of gold and consists of the Triangle gold deposit located 2.5 km south of the historical Lamaque and Sigma Mines, which produced over 10 million ounces of gold.
TSM standards and implementation
MAC requires all members to participate in TSM, which drives performance improvement across social and environmental issues at mine sites. The program attracts investors and manufacturers seeking responsibly mined materials. A national independent community of interest panel oversees TSM, including representatives from Indigenous communities, environmental organizations, labour, finance, local mining communities, social and faith-based organizations, academia and customers.
TSM evaluates performance across detailed environmental and social standards, including tailings management, climate change, water stewardship, Indigenous and community relationships, safety and health, biodiversity conservation, crisis management and preventing child and forced labour.
"We are proud that TSM, a made-in-Canada standard, is now being implemented by 13 mining associations around the world, making it the most widespread mining standard of its kind," Gratton added. "We applaud the work being done by Eldorado Gold as it showcases the positive results that can be achieved when environmental stewardship and community engagement are prioritized."
More information is posted at www.Mining.ca.
March 3, 2026
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