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INNOVATION AND DEVELOPMENT FOR THE MINING SECTOR

Mining tradition towards the futurE

ESLOP is deeply committed to mining communities.  Through the implementation of different strategic and technology initiatives, we contribute to the development of the sector. Likewise, we have developed Corporate Social Responsability processes with the aim of impacting the territories and improving the quality of life ofits inhabitants.

Ancestral buying house

Although for years we have been recognized in these regions as a serious, legal company with high standards in the purchase of precious metals, we have always wanted to advance in the refinement of our processes.  This is why we have created Ancestral buying houses, our own offices in the regions of influence, where we make direct purchases of precious metals, in compliance with control and security procedures and thus influencing the improvement of formal business practices in the communities that provide us.

Our buying houses are located in Quibdó – Chocó, El Banco – Magdalena y Caucasia – Antioquia in Colombia.

Bringing traditional mining closer to the 21st century

ESLOP card is the first major financial formalization initiative for subsistence mining in Colombia. Through it, “barequeros” and scrap metal dealers in Quibdo, will be able to access financial services by improving security in the processes of buying and selling gold, enabling formal savings and giving them the opportunity to build relationships with the financial sector.

ESLOP card

A large part of the Colombian mining participants has been marginalized to informality, which has a negative impact on the quality of life of the families that dedicate themselves to this labor.  

ESLOP wants to take this sector into the future, promoting a modernization of the practices that brings benefits to everybody. That is why we took the initiative to build a first step in the process of formalization of the relationship with the actors of subsistence mining by creating the ESLOP card.

Objective

We hope that with time and close partnership processes this will result in the ease of access to banking services focused on housing and education, factors that we recognize as key in the development of the territories where we operate.

Furthermore, we deeply believe that this initiative represents benefits for the sector, since it allow us to improve control and monitoring processes of the gold production chain to make mining a transparent and reliable business.

Always close to our people – Social Responsibility

We know the needs of the regions in which we have presence, this leads us to focus our attention on communities and be a driving force for well-being for vulnerable areas in mining regions.

The reason for our existence is to turn an ancestral treasure into welfare for people, which is why we develop our business around socially and environmentally responsible practices.

We want to be promoters of change, this is why we constantly analyze the practices of the sector and the consequences that these practices have for communities and develop long-term and sustainable strategic initiatives aiming at modifying the social fabric of our areas of influence.

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