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Responsible Mining: The Key to Profitable Resource Development

Responsible Mining: The Key to Profitable Resource Development
by Michael Colby last modified Jan 10, 2013 11:52 AM
Contributors: Robert Goodland

Better mining corporations want to adopt “Responsible Mining”. This paper outlines the essentials of responsible mining and offers a guide to corporations who want become responsible. Eight principles are discussed: (1) Social and environmental assessment, (2) Transparency, (3) Acceptance by stakeholders, (4) Food production trumps questionable mining, (5) Compliance with international standards, (6) Corporate prequalification, (7) Insurance and performance bonds, and (8) Royalties, taxes and fees. These principles are followed by a discussion of No-Go Zones to mining: why some types of sites should be off-limits to all mining. The Annex on Compensatory Offsets suggests that, on occasion, there may be exceptions to a No-Go Zone.

Author(s): Robert Goodland

Publication Date: 2012

Download File from Portal: Goodland-Mining-Sustainability-04-02099.pdf — PDF document, 258 kB (264,839 bytes)

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