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Responsible Mining: The Key to Profitable Resource Development
Independent Consultant, Canada
Received: 2 July 2012; in revised form: 6 August 2012 / Accepted: 17 August 2012 / Published: 31 August 2012
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.
Keywords: responsible mining; social and environmental assessment; no-go mining zones
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Cite This Article
MDPI and ACS Style
Goodland, R. Responsible Mining: The Key to Profitable Resource Development. Sustainability 2012, 4, 2099-2126.
Goodland R. Responsible Mining: The Key to Profitable Resource Development. Sustainability. 2012; 4(9):2099-2126.
Goodland, Robert. 2012. "Responsible Mining: The Key to Profitable Resource Development." Sustainability 4, no. 9: 2099-2126.