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Emerging trends in mining industry partnerships
Authors:Craig B Andrews
Abstract:The article analyzes mining company partnerships in terms of four main counterparts, namely: the sovereign, owners and financial backers, the workforce, and local communities. The main characteristics of mining partnerships under the four aspects are discussed. Taxation and financial aspects are also considered. Case studies from the British coal industry and examples from Latin America are part of the article. Downsizing and labour relations are also discussed, as well as indigenous peoples' issues. The article concludes that, successful minerals companies in the future will be those that work with communities, applying the highest standards of social responsibility. This includes safety, environmental management and good business ethics.
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