Our Commitment

Q3 Manco Meeting

Source: 2022-01-05

To align with the changes in business operations, quarterly MANCO meetings have transformed into a platform for communication and information sharing between EXCO, HODs and superintendents to establish common understanding on the key management issues.

The Q3 MANCO meeting convened on 23 November. Mr. Simataa facilitated the meeting. CEO Mr. Qiu highlighted the importance of the inclusiveness of Superintendence and a selection of Team Leaders at this platform. In addition, awareness was created of their contribution towards Safety Management, Financial Management, Productivity and effective Communication within the Company. Last but not least, the team was informed that they are appreciated, their efforts are seen and valued. However, there is always room for improvement in some areas that requires their continues support. “Make sure you do not lose focus along the path. It is our responsibility to make sure we achieve the targets set for year 2021 and to hold each other accountable for our actions,” he says.

The key targets for 2021 were presented to attendees as follows:

• Financial bottom line of no more than 35M USD of loss

• 235 tons drummed product by 11 Dec

Suggestions and comments were raised on improvement in the areas of safety management, especially with regards to issues of over speeding, reckless behaviors and housekeeping. Additional suggestions have been made to improve overtime &cost management as well as recruitment and retention. Good practice of the safety and production award scheme was shared by MIN during the meeting.