TORONTO, April 26, 2018 /CNW/ - Anaconda Mining Inc.
("Anaconda" or the "Company") (ANX: TSX) is pleased
to announce that it has launched the development of an in-house
continuing education system for its workforce. In conjunction with
the launch, Anaconda has received $200,000 in non-repayable funding from the
Newfoundland and Labrador
Department of Advanced Education, Skills and Labour to create the
first course, plan various delivery methods for the training, and
assess the optimal delivery model. The Company has engaged Training
Works Inc. of St. John's,
Newfoundland ("Training Works") to manage the first stage of
the development and then assist in ultimately creating four more
courses in 2018. These courses will serve as the foundation of a
fully integrated skills development system for Anaconda that will
grow over time.
"As with any organization, our people are our greatest asset
and we must invest in them for the long-term success of our
Company. The purpose of creating an in- house continuing education
program is to provide a systematic approach to training that can be
offered to all of our employees. We want to give them continuing
education in their particular technical discipline as well as other
areas like management, finance, safety, innovation and continuous
improvement. An employee that has a full range of skillsets and
understands the bigger picture of what we are trying to accomplish
at Anaconda will enable the Company to execute, at the highest
level, on its goals and initiatives. The value of having a highly
skilled, well trained and motivated workforce will ultimately
accrue to our shareholders and other stakeholders."
~Dustin Angelo, President and
CEO, Anaconda Mining Inc.
The first course will be developed in conjunction with the Baie
Verte Campus of the College of the North Atlantic and the Canadian
Manufacturers and Exporters (CME). The primary purpose of the first
training program is to increase employee awareness around the costs
of operating gold mines, in particular Anaconda's projects, and in
doing so, empowering the employee to engage in process
improvements. The project will involve the development of a
customized training course that will utilize the key financial
metrics of Anaconda's operations. The course will be delivered
using three different models: classroom based, on-line and blended.
A comprehensive evaluation will be conducted to determine the
effectiveness of each model in regard to behaviour change and the
impacts on Anaconda's bottom line.
"This innovative continuing education program is an example
of the collaboration our government is encouraging through the
Cabinet Committee on Jobs. As outlined in The Way Forward, the
mining sector is one of this year's priority sectors for the
committee. Our government's support for the continuing education
program helps enhance employee retention and ultimately, the
success of the company. I commend Anaconda Mining for taking a
leadership role in the skills development of its workers."
~The Honourable Al Hawkins, Minister of
Advanced Education, Skills and Labour, Newfoundland and Labrador
"It has been a privilege working with Anaconda on this
project. They have an acute understanding that workplace learning
is rapidly changing, and they are committed to creating a
comprehensive learning ecosystem for their employees that is
adaptable and agile, and that is incredibly innovative"
~Tamara Vatcher, Partner,
Training Works Inc.
In 2017, Anaconda engaged with Training Works to work
side-by-side with employees to better understand how they learned
and to determine the key skills priorities for development. This
process saw the identification of five key training priorities and
the conception of a research-based approach to skills development
to determine the best delivery model for training in the workplace.
Anaconda will be sharing the results of this project with the
Government of Newfoundland and
Labrador as well as industry.
"We are committed to collaborating with key stakeholders to
share knowledge, information and best practices. Upskilling the
workforce of the future is a complex task and we are all facing the
same reality. We need to work together to solve this
challenge."
~Allan Cramm, Vice President Innovation and Development,
Anaconda Mining Inc.
A version of this press release will be available in French on
Anaconda's website (www.anacondamining.com) in two to three
business days.
ABOUT ANACONDA MINING INC.
Anaconda Mining is a TSX-listed gold mining, development, and
exploration company, focused in the prospective Atlantic Canadian
jurisdictions of Newfoundland and
Nova Scotia. The Company operates
the Point Rousse Project located in the Baie Verte Mining District
in Newfoundland, comprised of the
Pine Cove open pit mine, the Stog'er Tight mine, the Argyle Mineral
Resource, the fully-permitted Pine Cove Mill and tailings facility,
and approximately 5,800 hectares of prospective gold-bearing
property. Anaconda is also developing the Goldboro Gold Project in
Nova Scotia, a high-grade Mineral
Resource, with the potential to leverage existing infrastructure at
the Company's Point Rousse Project.
The Company also has a pipeline of organic growth opportunities,
including the Great Northern Project on the Northern Peninsula and
the Tilt Cove Property on the Baie Verte
Peninsula.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information"
within the meaning of applicable Canadian and United States securities legislation.
Generally, forward-looking information can be identified by the use
of forward-looking terminology such as "plans", "expects", or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "does not anticipate", or
"believes" or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would",
"might", or "will be taken", "occur", or "be achieved".
Forward-looking information is based on the opinions and estimates
of management at the date the information is made, and is based on
a number of assumptions and is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Anaconda to be
materially different from those expressed or implied by such
forward-looking information, including risks associated with the
exploration, development and mining such as economic factors as
they effect exploration, future commodity prices, changes in
foreign exchange and interest rates, actual results of current
production, development and exploration activities, government
regulation, political or economic developments, environmental
risks, permitting timelines, capital expenditures, operating or
technical difficulties in connection with development activities,
employee relations, the speculative nature of gold exploration and
development, including the risks of diminishing quantities of
grades of resources, contests over title to properties, and changes
in project parameters as plans continue to be refined as well as
those risk factors discussed in Anaconda's annual information form
for the year ended May 31, 2017,
available on www.sedar.com. Although Anaconda
has attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not
place undue reliance on forward-looking information. Anaconda does
not undertake to update any forward-looking information, except in
accordance with applicable securities laws.
SOURCE Anaconda Mining Inc.