Mining Digital May 2021 | Page 121

TOP TEN

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Local communities are the new partners

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Transparency is already the New Normal
The complex dynamics of the four Master Narratives ( Glasnost , Wired , Disruption and Under Duress ) described in the future of mining report from Sandpit Innovation and Wikistrat highlight the urgent need for mining executives to adopt new norms in which transparency and information sharing with the public are not avoided but promoted to gain public support which will be in decline in the years to come .
All the scenarios have clearly shown that in the upcoming decade , local communities are going to be at the centre of the strategic planning of new and existing mines . As a result , mining firms will be required – by their employees , investors , and the public – to include these communities in the decisionmaking process and to share profits with them . A recent example of this approach is AngloGold Ashanti ’ s life after mine planning at the Quebradona copper-gold project in Colombia .
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