Mining’s contribution to the Dominican Republic UNCSD Ben Peachey, Director - Communications, ICMM 3 May 2011
Mining’s contribution to the Dominican Republic
Feb 10, 2016
Mining’s contribution to the Dominican Republic. UNCSD Ben Peachey, Director - Communications, ICMM 3 May 2011. Overview of presentation. ICMM overview Member performance standards Our work Focus on Mining: Partnerships for Development Opportunities in the Dominican Republic. - PowerPoint PPT Presentation
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Mining’s contribution to the Dominican RepublicUNCSDBen Peachey, Director - Communications, ICMM3 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
www.icmm.com
Over 800 sites in 54 countries
CEO led
18 Company members
30 Association
members
4
Where do we come from?
www.icmm.com
4 regional reports23 global workshops 175 research projects50,000 people involved
5
Member commitments
www.icmm.com
Robust entry criteria and process
Clear performance expectations
Reporting... and redress?
6
ICMM member performance – 2010 reports
www.icmm.com
Reporting/assurance commitment Compliant member companies
Policy alignment with principles 16
Assurance of policy alignment 15
G3 application level
15 - advanced2 - intermediate1 - beginnerTotal: 18
Use of GRI sector supplement 18
Assurance of G3 application level 16
7
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
8 www.icmm.com
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 ContributionAccountability &Continuous Learning
6. Communications 7. President’s Office
Core services
Associations Co-ordination Group
9
Biodiversity
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ICMM has been part of a dialogue with the International Union for Conservation of Nature (IUCN) since 2004.
11
Climate change
www.icmm.com
12
Mining: Partnerships for Development
www.icmm.com
Poverty reduction
Revenue management
Regional development planning
Social investment
Local content
Dispute resolution
13
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 PerformersBetter
PerformersGenerally Better
PerformersWeaker Performers with relatively better performance in a few
economic (E) and social indicators (S)
Clearly Poor Performers
ChileBotswanaMalaysiaTunisiaGhanaMexico
ColombiaGuineaJamaicaMaliMoroccoMozambiqueNamibiaSenegal
South Africa (E)Tanzania (E)Guyana (E)Mauretania (E)Gabon (E + S)Peru (S)Suriname (S)Togo (S) Jordan (S)Zimbabwe
BoliviaCentral African RepublicCongoLiberiaNigerPNGPhilippinesSierra LeoneZambia
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)
16
Strong macroeconomic performance in Ghana
17
Tanzania: estimated revenues, 1995-2034 ($’000)
www.icmm.comwww.icmm.com
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 from Mines
Corporation Tax - Share of Total Revenues from Mines -RH Axis
18 www.icmm.com
The sharing of mining revenues in Tanzania
Gov
ernm
ent t
axes
and
ro
yalti
es
Loan
s an
d in
tere
sts
Production costs
Shar
e ho
lder
s
15% 10% 57% 11%
Cap
ital r
einv
estm
ent
7%
19
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
20
For further information please contact:
Ben Peachey, Director - Communications
www.icmm.com
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