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intentions towards mining than residents in metropolitan areas surveyed in Phase 1 though only testable for the iron ore scenario •Social acceptance of mining is significantly higher in WA •Unconventional gas extraction is accepted significantly less than coal mining iron ore and tech metal mines
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Times are changing Recognizing these realities many mining companies have begun to make strides toward decarbonization Since 2024 for instance Rio Tinto has reduced its Scope 1 and 2 emissions those generated within its operations by 24 percent and the company recently committed to substantial decarbonization by 2024 3 For its part BHP has set a goal of achieving net zero operational
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This also relates to the design of CSR policies in the mining sector whereby mining companies need to understand their stakeholders in order to respond to multifaceted interests and concerns Utilising the stakeholder theory Clarkson 1991 Clarkson 1995 Freeman et al 2024 as a conceptual framework this paper examines CSR and stakeholder expectations in the mining sector using a
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Examples of Stakeholder The following examples of Stakeholders are as follows 1 Investors Investors are the owners of the Company They are first and the key stakeholders of the Company as they have invested in the Company and would like to get good returns on their investment If the investors feel they have better return opportunities
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the opportunity to work collectively to achieve their sustainable mining goals It is devoted to optimizing the benefits of mining to achieve poverty reduction inclusive growth social development and environmental stewardship The IGF serves as a unique global venue for dialogue between its 67 member country governments mining companies industry associations and civil society Secretariat
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The five primary project stakeholders that are present in most of the projects are the project manager the project team the functional management the sponsor and the customer  In a larger sense anyone who participates in the project or is impacted by its results is a stakeholder
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In a project environment the list of stakeholders might include client staff colleagues team members local communities investors funders internal business departments regulators the media end users etc Another term for stakeholders therefore could be the people that count
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Australian mining s key stakeholders including governments and local communities expect companies to deliver measurable social outcomes The modern day industry requires companies to identify ways to provide local employment opportunities be more transparent financially and meet community infrastructure and environmental demands
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Feb 8 2021The 10 different types of stakeholders Suppliers Owners Investors Creditors Communities Trade unions Employees Government agencies Customers Media 1 Suppliers Suppliers are people or businesses who sell goods to your business and rely on you for revenue from the sale of those goods
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They don t all exist for every project and they might even be mostly irrelevant for some projects But this list should cover the spectrum of project stakeholders The 12 stakeholders are Executives Customers Project team Technical / Department managers Lenders Unions
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The purpose of this paper is to integrate drivers of economic performance with environmental management aspects and core managerial functions of the Indian coal mining industry For this research paper primary and secondary data have been used The primary data were collected through a questionnaire survey which was distributed in the four subsidiaries of Coal India Limited
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The interests of different stakeholder groups can conflict For example owners generally seek high profits and so may be reluctant to see the business pay high wages to staff a business decision
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While there is a risk that various interest groups industry government or communities might choose to seize upon the term to meet their own political objectives and goals Bice and Moffat 2024 there is perhaps also potential to think about SLO as a way of building consensus among diverse perspectives particularly in terms of building trust and fairness in stakeholder relations
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To learn more about the importance of stakeholder engagement in the mining industry check out our free e book Stakeholder Engagement In Mining On May 28 2024 / Stakeholder Engagement / Leave a comment Previous Post The economic benefits of stakeholder engagement Next Post Factors impacting stakeholder engagement in mining Leave a Reply Cancel reply name required email will not be
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Mining rights involve EPs MAs FTAAs quarry sand and gravel guano gemstone gathering permits and small scale mining permits
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opportunities as stakeholder and capital market pressure continues to hold miners accountable It s not surprising then that the top three risks and opportunities this year for the mining and metals sector are environment and social decarbonization and license to operate LTO Executive Summary While many conversations in the market are currently focused around the energy transition and
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We also urge the stakeholders in the mining industry led by Government to institute a committee to probe the happenings in the mining industry particularly the increasing fragmentation of production/services and the ramification on decent employment Lastly we also call on Government through the Minister of Employment and Labour Relations to
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Even though the concept of Corporate Social Responsibility CSR has been applauded for several decades the concept of stakeholder engagement is relatively new to the Ghanaian mining sector This study investigates the CSR process of an extractive company and examines how stakeholders are engaged in CSR Using purposive and snowball sampling in identifying its respondents data was gathered
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Oct 7 2021D isruption is fast reshaping the mining and metals sector s perception of where the biggest challenges and paths to growth may lie according to our annual review of risks and opportunities in the global mining and metals sector pdf The climate crisis and rising stakeholder expectations are increasingly significant forces of change Environment and social took the number one spot
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Resource exploration and mining is an excellent example of an industry in which concerns over the environment and society converge with business In fact CSR was an important topic at the 2024
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Cooperation among the key stakeholders in the mining industry is characterised by mutual mistrust There is currently a lack of transparency in the management of mining and participation opportunities which would allow the needs and expectations of the various important interest groups to be considered
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The Multi Stakeholder Group MSG of the Ghana Extractive Industries Transparency Initiative GHEITI has produced and will formally launch the country s 2024 mining oil and gas EITI audit reports published on April 30th 2024 The MSG is a tripartite body made up of Government Industry and Civil Society that has the responsibility of steering the affairs of GHEITI The mining report brings
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Mining and quarrying in the UK Ahead of collection and publication of information on extractive related payments to the UK government in 2024 the UK EITI Multi Stakeholder Group MSG decided to
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PUBLIC PARTICIPATION GUIDELINES FOR STAKEHOLDERS IN THE MINING INDUSTRY PUBLIC PARTICIPATION GUIDELINES FOR STAKEHOLDERS IN THE MINING INDUSTRY Coordinated by Consultative Forum on Mining and the Environment consisting of NGOs and CBOs Labour and Mining Industry With logistic and financial support by the Chamber of Mines of South Africa
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Identifying the stakeholder issues happening in your project can help you plan ahead and prepare an appropriate response Trying to align many different stakeholders Having varied interest in the project and its outcome is usually a good thing but a large number of different stakeholders can also pull the project team in too many directions
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The operating company shall undertake identification and analysis of the range of groups and individuals including community members rights holders and others hereafter collectively referred to as stakeholders who may be affected by or interested in the company s mining related activities
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The key principles of stakeholder engagement are identified in it It also includes tools such as templates to help establish a stakeholder engagement programme and identify associated activities including tools for stakeholder analysis The guidance provided can be further developed and adjusted to each specific type of facility moment in
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These include the Minerals and Mining Development Board and the Mining Industry Growth Development and Employment Task Team MIGDETT Operation Phakisa Mining labs were introduced in 2024 to urgently identify and implement these solutions Stakeholder interest Issue response Stakeholders
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A stakeholder can influence the project in many ways there are generally four categories Positive Influencer Negative Influencer Supporter and Road Block In this example Mandy Ali is a supporter This is probably because the project is part of a larger initiative which she is responsible for The value of a Stakeholder Register is
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