P AN AMERIC AN SIL VER 95 O ur Appr o ach W e ensur e that pr ot ect ed and critic al habit at s and specie s ar e identifed and appr opriat ely pr ot ect ed be f or e during and aft er mining In mine clo sur e our objectiv e is t o r eturn the land dis turbed b y our activitie s t o as clo s e t o it s natur al and bene fcial s t at e as po s sible and cr e at e viable habit at s f or nativ e specie s o f the loc al ar e a W e w ork t o mak e the tr ansition fr om oper ations t o clo sur e as efcient as po s sible b y s t arting the planning pr oc e s s e arly and c ollabor ating with loc al c ommunitie s O ur appr o ach include s S y s t em Biodiv er sit y and Mine Clo sur e C orpor at e E n vir onment al St andar d This s t andar d pr o vide s be s t pr actic e guidanc e f or our sit e s P r ogr ams and initiativ e s E c o s y s t em b as eline s tudie s W e c onduct det ailed for a f auna and ec o s y s t em b as eline s tudie s t o identif y pot entially s ensitiv e habit at s and specie s prior t o c ommenc ement o f mining and or signifc ant chang e s t o our oper ations R eclamation plans E ach sit e s r eclamation plan include s me asur e s t o enhanc e biodiv er sit y c ons er v ation Biodiv er sit y manag ement plans E ach sit e has a plan t o manag e biodiv er sit y during c ons truction oper ation and clo sur e Wher e pr ot ect ed specie s ha v e been identifed 1 w e implement det ailed imp act as s e s sment s manag ement plans and c ons er v ation s tr at egie s Clo sur e plans E ach mine has a clo sur e plan and w e updat e det ailed clo sur e c o s t s e s timat e s f or all mine s and pr oject s on an annual b asis E ng ag ement W e eng ag e with loc al c ommunitie s and other C OIs t o ensur e that their clo sur e and po s t clo sur e e xpect ations ar e c onsider ed Monit oring and e v aluation T SM Biodiv er sit y C ons er v ation Manag ement P r ot oc ol and Mine Clo sur e F r ame w ork O ur mine s s elf as s e s s ed their perf ormanc e ag ains t the pr ot oc ol and ar e implementing action plans f or impr o v ement Biodiv er sit y monit oring W e monit or biodiv er sit y at all our sit e s t o identif y pot ential ne w imp act s and c omp ar e r e sult s with our b as eline s tudie s P o s t clo sur e monit oring and maint enanc e All our clo sur e plans include man y y e ar s o f po s t clo sur e monit oring t o ensur e r eclamation objectiv e s ar e achie v ed 1 P r ot ect ed specie s as de fned b y loc al legislation and or the Int ernational Union f or C ons er v ation o f Natur e ha v e been identifed ne ar our Canadian Me xic an P eruvian and Ar g entine oper ations In mine clo sur e our objectiv e is t o r eturn the land dis turbed b y our activitie s t o as clo s e t o it s natur al and bene fcial s t at e as po s sible and cr e at e viable habit at s f or nativ e specie s o f the loc al ar e a