[SLIDESHOW] Mining Industry: Social Responsibility Programs in Action
The term Corporate Social Responsibility (CSR) in the mining industry refers to voluntary actions taken by companies to either improve the living conditions of local communities via economic, social, environmental or to reduce the negative impacts of mining projects.
The idea is to go beyond that of legal obligations, contracts and license agreements.
CSR programs typically include investments in building social capital (providing school buildings, workshops on gender issues, family planning, improving hygiene), infrastructure (electricity, roads, hospitals, drainage repairs), and human capital (training local people to be employed by mining companies, and promoting and providing skills).
The International Council on Mining & Metals (ICMM), one of the leading mining organizations in the world, strongly urges member companies to implement social and environmental programs in operating areas, including health programs.
According to ICMM, the organization strives in addressing community health issues. “ICMM member community health initiatives will need to continue to learn from experience, to refine and evolve health programming to maximize and sustain health impacts.”
The following images display the positive results of mining initiatives in operating countries.
Vale invests $150mn to extend life of Manitoba operations
Vale has announced a $150mn CAD investment to extend current mining activities in Thompson, Manitoba by 10 years while aggressive exploration drilling of known orebodies holds the promise of mining well past 2040.
Global energy transition is boosting the market for nickel
The Thompson Mine Expansion is a two-phase project. The announcement represents Phase 1 and includes critical infrastructure such as new ventilation raises and fans, increased backfill capacity and additional power distribution. The changes are forecast to improve current production by 30%.
“This is the largest single investment we have made in our Thompson operations in the past two decades,” said Mark Travers, Executive Vice-President for Base Metals with Vale. “It is significant news for our employees, for the Thompson community and for the Province of Manitoba.
“The global movement to electric vehicles, renewable energies and carbon reduction has shone a welcome spotlight on nickel – positioning the metal we mine as a key contributor to a greener future and boosting world demand. We are proud that Thompson can be part of that future and part of the low carbon solution.”
Vale continues drilling program at Manitoba
Coupled with today’s announcement, Vale is continuing an extensive drilling program to further define known orebodies and search for new mineralization.
“This $150mn investment is just one part of our ambitious Thompson turnaround story. It is an indicator of our confidence in a long future for the Thompson operations,” added Dino Otranto, Chief Operating Officer for Vale’s North Atlantic Base Metals operations.
“Active collaboration between our design team, technical services, USW Local 6166, and our entire Thompson workforce has delivered a safe, efficient and fit-for-purpose plan that will enable us to extract the Thompson nickel resources for many years to come.”
The Thompson orebody was first discovered in 1956 by Vale (then known as Inco) following the adoption of new exploration technology and the largest exploration program to-date in the company’s history. Mining of the Thompson orebody began in 1961.
“We see the lighting of a path forward to a sustainable and prosperous future for Vale Base Metals in Manitoba,” said Gary Annett, General Manager of Vale’s Manitoba Operations.