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Responsible Mining: The Key to Profitable Resource Development

Author

Listed:
  • Robert Goodland

    (Independent Consultant, Canada)

Abstract

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.

Suggested Citation

  • Robert Goodland, 2012. "Responsible Mining: The Key to Profitable Resource Development," Sustainability, MDPI, vol. 4(9), pages 1-28, August.
    • Handle: RePEc:gam:jsusta:v:4:y:2012:i:9:p:2099-2126:d:19829
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    Citations

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    Cited by:

    1. Paulina Schiappacasse & Bernhard Müller & Le Thuy Linh, 2019. "Towards Responsible Aggregate Mining in Vietnam," Resources, MDPI, vol. 8(3), pages 1-15, August.
    2. Bazillier, Rémi & Hatte, Sophie & Vauday, Julien, 2017. "Are environmentally responsible firms less vulnerable when investing abroad? The role of reputation," Journal of Comparative Economics, Elsevier, vol. 45(3), pages 520-543.
    3. Katarzyna Pactwa & Justyna Górniak-Zimroz, 2022. "Copper ore post-flotation settling tanks in Poland: social acceptance or objection?," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(4), pages 5003-5031, April.
    4. Rémi BAZILLIER & Sophie HATTE & Julien VAUDAY, 2016. "Is Reputation at Stake When Environmentally Responsible Multinationals Invest Abroad? An Empirical Investigation," LEO Working Papers / DR LEO 2315, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    5. Stefanie Streit & Michael Tost & Katharina Gugerell, 2023. "Perspectives on Closure and Revitalisation of Extraction Sites and Sustainability: A Q-Methodology Study," Resources, MDPI, vol. 12(2), pages 1-17, February.
    6. Thobeka Pearl Makhathini & Joseph Kapuku Bwapwa & Sphesihle Mtsweni, 2023. "Various Options for Mining and Metallurgical Waste in the Circular Economy: A Review," Sustainability, MDPI, vol. 15(3), pages 1-21, January.
    7. Franciska Gubacsi, 2017. "Changes in former industrial areas," Proceedings of FIKUSZ 2017, in: Monika Fodor (ed.),Proceedings of FIKUSZ '17, pages 115-124, Óbuda University, Keleti Faculty of Business and Management.
    8. Julien Merlin & Brice Laurent & Yann Gunzburger, 2021. "Promise engineering: Investment and its conflicting anticipations in the French mining revival," Post-Print hal-03265197, HAL.
    9. Harold Cardona Trujillo & Viviana Cano Chica, 2016. "Minería responsable: Mecanismos e incentivos en el caso del carbón en Colombia," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 10(2), pages 125-148, December.
    10. Broad, Robin & Cavanagh, John, 2015. "Poorer Countries and the Environment: Friends or Foes?," World Development, Elsevier, vol. 72(C), pages 419-431.
    11. Logan Hennessy, 2015. "Where There Is No Company: Indigenous Peoples, Sustainability, and the Challenges of Mid-Stream Mining Reforms in Guyana's Small-Scale Gold Sector," New Political Economy, Taylor & Francis Journals, vol. 20(1), pages 126-153, February.
    12. Fangtian Wang & Hongfei Qu & Wei Tian & Shilei Zhai & Liqiang Ma, 2022. "Ethical Construction and Development of Mining Engineering Based on the Safe, Efficient, Green, and Low-Carbon Concept," Sustainability, MDPI, vol. 14(21), pages 1-14, October.
    13. Ciaran O’Faircheallaigh, 2015. "Social Equity and Large Mining Projects: Voluntary Industry Initiatives, Public Regulation and Community Development Agreements," Journal of Business Ethics, Springer, vol. 132(1), pages 91-103, November.
    14. Khan, Naqib Ullah & Zhongyi, Peng & Ullah, Asad & Mumtaz, Muhammad, 2024. "A comprehensive evaluation of sustainable mineral resources governance in Pakistan: An analysis of challenges and reforms," Resources Policy, Elsevier, vol. 88(C).
    15. Toni Eerola, 2022. "Territories of Contention: The Importance of Project Location in Mining-Related Disputes in Finland from the Geosystem Services Perspective," Resources, MDPI, vol. 11(12), pages 1-20, November.
    16. Nhi Ba Nguyen & Bryan Boruff & Matthew Tonts, 2019. "The Regulatory Framework and Minerals Development in Vietnam: An Assessment of Challenges and Reform," Sustainability, MDPI, vol. 11(18), pages 1-22, September.

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