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Mining’s contribution to the Dominican Republic

Mining’s contribution to the Dominican Republic. UNCSD Ben Peachey, Director - Communications, ICMM 3 May 2011. Overview of presentation. ICMM overview Member performance standards Our work Focus on Mining: Partnerships for Development Opportunities in the Dominican Republic.

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Mining’s contribution to the Dominican Republic

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  1. Mining’s contribution to the Dominican Republic UNCSD Ben Peachey, Director - Communications, ICMM 3 May 2011

  2. Overview of presentation • ICMM overview • Member performance standards • Our work • Focus on Mining: Partnerships for Development • Opportunities in the Dominican Republic www.icmm.com

  3. ICMM at a glance CEO led 18 Company members 30 Association members Over 800 sites in 54 countries www.icmm.com

  4. Where do we come from? 4 regional reports 23 global workshops 175 research projects 50,000 people involved www.icmm.com

  5. Member commitments Robust entry criteria and process Clear performance expectations Reporting... and redress? www.icmm.com

  6. ICMM member performance – 2010 reports www.icmm.com

  7. Interests important to mining www.icmm.com

  8. Work programs Core services 6. Communications 7. President’s Office Accountability & Continuous Learning 1. Reporting & Assurance • 2. Socio-economic Contribution • Resource Endowment • Community 3. Environmental Contribution • 4. Health & Safety • Worker • Community 5. Materials Stewardship Mining and Metals Contribution Associations Co-ordination Group www.icmm.com

  9. Biodiversity ICMM has been part of a dialogue with the International Union for Conservation of Nature (IUCN) since 2004. www.icmm.com

  10. Health and Safety ‘ www.icmm.com

  11. Climate change www.icmm.com

  12. Mining: Partnerships for Development Poverty reduction Revenue management Regional development planning Local content Social investment Dispute resolution www.icmm.com

  13. What do partnerships look like? Donor agencies Companies Partnership for Poverty Reduction Host Governments NGOs, Civil Society, Communities www.icmm.com

  14. Economic performance of mining countries

  15. 4 country case studies • Each study reviewed in depth the economic and social impact of one large mine • Peru – CompaniaMineraAntamina • Chile – MineraEscondida • Ghana – Obuasi Gold Mine • Tanzania – North Mara Mine (Barrick)

  16. Strong macroeconomic performance in Ghana

  17. Tanzania: estimated revenues, 1995-2034 ($’000) www.icmm.com www.icmm.com

  18. The sharing of mining revenues in Tanzania Production costs Government taxes and royalties Capital reinvestment Loans and interests Share holders 15% 10% 57% 11% 7% www.icmm.com

  19. Opportunities in the Dominican Republic • Engage in international mining community • ICMM • Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development • Extractive Industries Transparency Initiative • In-country collaboration • Government • Companies • Civil society • Donor agencies www.icmm.com

  20. For further information please contact: Ben Peachey, Director - Communications Ben.peachey@icmm.com www.icmm.com

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