Mining

Mining

Mining is part of everything we do and everything we touch. Mining produces products that make the world work: to name a few; iron and metallurgical coal for steel, fossil fuels for energy; fertilizers to support food production.

The process of producing, using, and recycling minerals could help society reach many other goals – providing jobs directly and indirectly, aiding in the development of national economies, and helping to reach energy and resource efficiency targets, among many others.

Mining drives an estimated more than 45% of the world’s measured economic activity. It is one of the world’s most important industrial sectors.

The case for mining industry sustainability has never been stronger. While demand for natural resources continues to grow, mining companies are facing complex challenges. Evolving and expanding expectations from stakeholders including communities and their representatives, host and home governments, NGOs, civil society, project finance institutions and the media are on the rise.

To maintain their operation through strengthening local communities and reducing impact on the people & environment, resource companies are likely to build sustainable and long-term values.
In emerging economies or regions of weak governance, the challenge is even higher.

Key Challenges

The key challenges are increasing costs, deepening pits, lower ore grades, government interventions. Communities pressure and investor uncertainty is at an all-time high. Starting a new mine is even more difficult than before.

Key Sustainability Initiatives in Mining Sector

ICMM 10 Principles: International Council of Mining & Metals (ICMM) has adopted 10 sustainable development principles which member companies to implement and measure their performance each of them. Major work programs are Social & Economic development, Environment & climate change, Health & Safety and Materials Stewardship.

International Finance Corporation (IFC) Environmental, Health and Safety Guidelines for Mining: The Environmental, Health, and Safety (EHS) Guidelines are technical reference documents with general and industry specific examples of Good International Industry Practice (GIIP). This EHS Guidelines for Mining are applicable to underground and open-pit mining, alluvial mining, solution mining, and marine dredging.

Federation of Indian Mineral Industries (FIMI) Code of Conduct: It was launched for voluntary adoption by its members. FIMI’s Code of Conduct (CoC) aims to improve stakeholder perception about mining sector through a process of committing to the principles enshrined in the Code of Conduct.

Others: ILO Guidelines, Ministry of Mines, Sustainable Development Framework for Indian Mining

Areas where Consultivo can help mining industries:

We help industries to manage their sustainability risks, to change and to inculcate continual improvement in line with the national laws as well as International codes and standards. We work together with leading companies and with others to strengthen the contribution of mining, minerals and metals to sustainable development.

• Providing strategic advice for sustainable mining through development of strategy, policy, framework, codes, standards and guidelines.
• Sustainability management & reporting
• Occupational Health & Safety services
• Energy, Climate change & water impact studies, reporting, assessment & recommendations
• Biodiversity mapping
• Human rights, social accountability, community relations, Rehabilitation & Resettlement (R&R), and stakeholder engagement
• Development of management systems like ISO 9001, ISO 14001, OHSAS 18001, SA 8000 etc.
• Partnering with companies in their journey for responsible mining