Socio-economic contributions
The mining industry can make a lasting sustainable contribution to improved health, prosperity and living standards in local communities, by:
- providing jobs, skills and training
- paying taxes and royalties
- buying goods and services from local businesses
- developing and improving infrastructure
We put in place community strategies at all our sites to bring these contributions to fruition. We also develop social investment plans to ensure our presence creates sustainable benefits that continue after our operations cease.
Many of our operations are in developing countries with high unemployment and little infrastructure or state support. We also operate in remote or rural areas. Mining may be one of the only employers and sources of foreign investment in these regions and is often a country’s most significant income generator. In many cases, countries would be unable to develop their mineral resources without foreign investors and mining sector expertise.
Increasingly, we work in partnership with government, NGOs, international donors and others to help develop small and medium-sized businesses and other income generating opportunities.
