Mining Magazine November 2016 | Page 31

TEN BUSINESS RISKS

Social license to operate

The best and most successful mining companies are active participants in community engagement . There is true value in operating in tandem with communities and there is a clear mutual value creation there . Unfortunately in some regions , mining is associated with environmental damage , conflict and even death .
For a mining company , all across the sector , to maintain a strong social license to operate , sustainability needs to fit into long term planning . Measure success or KPI ’ s with productivity outcomes as well as remuneration structures .
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