mining’s contribution to the - global foundation for
TRANSCRIPT
Mining’s contribution to the
Dominican Republic “Global Perspectives on Gold Mining: Evaluating Potential and Constraints”
UNCSD Ben Peachey, Director - Communications, ICMM
3 May 2011
2 www.icmm.com
ICMM overview
Member performance standards
Our work
Focus on Mining: Partnerships for
Development
Opportunities in the Dominican Republic
Overview of presentation
3
ICMM at a glance
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Over 800 sites
in 54 countries
CEO led
18
Company
members
30
Association
members
4
Where do we come from?
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4 regional reports
23 global workshops
175 research projects
50,000 people involved
5
Member commitments
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Robust entry criteria
and process
Clear performance
expectations
Reporting... and
redress?
6
ICMM member performance – 2010 reports
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Reporting/assurance commitment Compliant member
companies
Policy alignment with principles 16
Assurance of policy alignment 15
G3 application level
15 - advanced
2 - intermediate
1 - beginner
Total: 18
Use of GRI sector supplement 18
Assurance of G3 application level 16
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Interests important to mining
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Industry: mining companies (junior to major), investors, labour, service providers, associations
Government: local, regional, national, international
Indigenous peoples and their organizations, mining affected communities
End users, original equipment manufacturers, consumers
Civil society organizations
Academic, learning, and R & D support
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Work programs
1. Reporting &
Assurance
2. Socio-economic
Contribution • Resource Endowment
• Community
3. Environmental
Contribution
4. Health & Safety
• Worker
• Community
5. Materials
Stewardship
Mining and Metals Contribution Accountability &
Continuous Learning
6. Communications
7. President’s Office
Core services
Associations Co-ordination Group
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Biodiversity
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ICMM has been part
of a dialogue with the
International Union
for Conservation of
Nature (IUCN) since
2004.
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Climate change
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Mining: Partnerships for Development
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Poverty reduction
Revenue management
Regional development planning
Social investment
Local content
Dispute resolution
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What do partnerships look like?
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Partnership for
Poverty
Reduction
Companies
NGOs, Civil
Society,
Communities
Host
Governments
Donor
agencies
14
Economic performance of mining countries
Better Performers Weaker Performers
Better
Performers
Generally Better
Performers
Weaker Performers
with relatively better
performance in a few
economic (E) and
social indicators (S)
Clearly Poor
Performers
Chile
Botswana
Malaysia
Tunisia
Ghana
Mexico
Colombia
Guinea
Jamaica
Mali
Morocco
Mozambique
Namibia
Senegal
South Africa (E)
Tanzania (E)
Guyana (E)
Mauretania (E)
Gabon (E + S)
Peru (S)
Suriname (S)
Togo (S)
Jordan (S)
Zimbabwe
Bolivia
Central African
Republic
Congo
Liberia
Niger
PNG
Philippines
Sierra Leone
Zambia
15
4 country case studies
Each study reviewed in depth the economic and social impact of one large mine
• Peru – Compania Minera Antamina
• Chile – Minera Escondida
• Ghana – Obuasi Gold Mine
• Tanzania – North Mara Mine (Barrick)
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Strong macroeconomic performance in Ghana
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Tanzania: estimated revenues, 1995-2034 ($’000)
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0%
10%
20%
30%
40%
50%
60%
70%
0
50,000
100,000
150,000
200,000
250,000
300,000
Total Government Revenues f rom Mines
Corporation Tax f rom Mines
Corporation Tax - Share of Total Revenues f rom Mines -
RH Axis
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The sharing of mining revenues in Tanzania
Go
vern
men
t ta
xes a
nd
royalt
ies
Lo
an
s a
nd
in
tere
sts
Production costs
Sh
are
ho
lders
15% 10% 57% 11%
Cap
ital re
investm
en
t
7%
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Opportunities in the Dominican Republic
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• Engage in international mining community
• ICMM
• Intergovernmental Forum on Mining, Minerals, Metals and Sustainable
Development
• Extractive Industries Transparency Initiative
• In-country collaboration
• Government
• Companies
• Civil society
• Donor agencies
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For further information
please contact:
Ben Peachey, Director - Communications
www.icmm.com