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Intl. Council on Mining & Metals member firms commit to partnerships for poverty reduction

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Article
2 February 2010

Leading mining companies commit to partnerships for development

Author: Intl. Council on Mining & Metals

The Honourable Minister Alhaji Collins Dauda, Minister for Land and Natural Resources – Ghana, and Mark Cutifani, CEO of AngloGold Ashanti, jointly launched today a new initiative at the INDABA Mining Convention in Cape Town, South Africa. Mining: Partnerships for Development is a global initiative to enhance mining’s contribution to development and poverty reduction through multi-stakeholder partnerships. In a position statement released today, ICMM’s 19 member companies have made a formal policy commitment to actively seek such partnerships across six priority themes - poverty reduction; revenue management; regional development planning; local content; social investment; and dispute resolution.

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Article
1 February 2010

[PDF] Mapping in-country partnerships

Author: Dave Prescott, for Intl. Council on Mining & Metals

[cases on 6 themes: Mining and poverty reduction; Mining and economic development: Revenue management, Regional development planning, Local content; Mining and social investment; Mining and dispute resolution.
Refers to initiatives by PT Freeport Indonesia (part of Freeport-McMoRan), Antamina (owned by BHP Billiton, Xstrata, Teck Resources, Mitsubishi), Gold Fields, Harmony Gold, Xstrata Copper, Newmont, BP, SOFAZ (state-owned oil fund for Azerbaijan), Rio Tinto QMM, Minerações Brasileiras Reunidas (now Vale), AngloGold Ashanti, Alcoa, Zamzama Gas (part of BHP Billiton), Diavik Diamonds (joint venture Rio Tinto & Aber Diamond Mines), Fluor Daniel, Lane Xang Minerals Ltd (LXML) (joint venture Minerals and Metals Group (MMG) [part of China Minmetals], Govt. of Laos), Anglo American, Virgin Group, Sesa Goa, FCF Minerals (part of Metals Exploration), Hanjin Corporation, MINCA (Las Cristinas Gold Mining, then owned by Placer Dome), Richards Bay Minerals (part of Rio Tinto), Mozal (part of BHP Billiton), Argyle Diamond (part of Rio Tinto), Cerrejón Coal (joint venture Anglo American, BHP Billiton, Xstrata]

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Article
1 February 2010

[PDF] Mining: Partnerships for Development - Position Statement

Author: Intl. Council on Mining & Metals

...ICMM member companies commit to actively support or help develop partnerships...with the aim of enhancing the social and economic contribution of mining... [M]ember companies will...:
At the national and community levels...:
• develop an understanding of the social and economic contribution of the project, including an analysis of the barriers that might weaken this contribution;
• actively support or help develop partnerships...with other stakeholder groups..., with the aim of ensuring the project’s full potential socio-economic contribution is realized...
[member companies listed: African Rainbow Minerals, Anglo American, AngloGold Ashanti, Barrick, BHP Billiton, Freeport-McMoRan, GoldCorp, Gold Fields, Lihir Gold, Lonmin, Mitsubishi Materials, Minerals and Metals Group (MMG) (part of China Minmetals), Newmont, Nippon Mining & Metals, Rio Tinto, Sumitomo Metal Mining, Teck, Vale, Xstrata]

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