Prizma

Making projects more bankable, credible & sustainable

World

Archive for the ‘Mining’ Category

Octopus Paul Predicts More Canadian Mining Sustainability Reports

Officially retired from predicting world cup soccer games, Octopus Paul now expects proliferation of first-time sustainability reporting amongst Canadian listed mining companies. Will Paul be right again? (more…)

Bookmark and Share

What are Cost Drivers of Sustainability Reporting for First Timers?

While some may still be wondering how long they can get away without reporting, others see this as an opportunity to leverage sunk costs, impress investors and drive performance improvement. All first time reporters will be wondering about one thing: what is the length of that proverbial string? What are cost drivers of inaugural sustainability reporting? (more…)

Bookmark and Share

PDAC steals show at GRI session on MMSS

As noted in an earlier blog, GRI launched its Metals and Mining Sector Supplement during PDAC’s 78th Annual Conference held in early March in Toronto which attracted 21,600 attendees. So how and why did PDAC manage to steal the show at GRI’s June conference session on the Mining and Metals Sector Supplement? (more…)

Bookmark and Share

Are Sustainability Reports Designed for Local Communities?

Unable to attend the GRI conference in Amsterdam, I watched the many taped snippets of the Mining & Metals Sector Supplement session on YouTube. One take away from a presentation by First Peoples Worldwide suggests that GRI reports are important but also that they are not designed with local communities as target audience in mind. (more…)

Bookmark and Share

Canadian CSR Councellor Launches Consultation on Dispute Resolution Mechanism

The Office of the Extractive Sector Corporate Social Responsibility (CSR) Counsellor launched consultations on its new dispute-resolution mechanism. Will this – and the role of the CSR Councellor more generally - make the controversial Bill C-300 obsolete? (more…)

Bookmark and Share

Convergence of GRI and IFC Performance Standards?

As noted earlier, GRI and ICMM launched the new GRI Metals and Mining Sector Supplement during the annual mining convention of PDAC in early March 2010. The new Sector Supplement integrated many references to the IFC Performance Standards and suggests increasing convergence amongst these internationally recognized guidelines. (more…)

Bookmark and Share

Barrick’s dilemma: Yellow Journalism or Crisis Management ?

In its article ‘Barrick target of yellow journalism’ the Canadian Mining Journal (CMJ) dissects the evolution of a  story about one of Barrick Gold’s projects, which started with the eye catching headline: “Deadly toxin invades Barrick’s Dominican gold mine, Thousands hospitalized.” (more…)

Bookmark and Share

Moving from Consultation to Consent?

The IFC Performance Standards require that projects with potentially significant impacts conduct ‘Free, Prior, Informed Consultation’ (FPIC) and demonstrate ‘Broad Community Support’ (BCS). Will these requirements move towards the concept of ‘Consent’ particularly in the context of Indigenous Peoples? (more…)

Bookmark and Share

Can CSR in Mining deliver MDG and Reputational Lift?

On March 6, 2010, the Canadian CSR Councilor, Marketa Evans, delivered her key note speech on 21st Century CSR at the Mining, People and Environment event which preceded the Prospector & Developer Association of Canada’s (PDAC) convention in Toronto. Her comments provided some food for thought and raised interesting discussions. (more…)

Bookmark and Share

New GRI Mining & Metals Supplement – No Help for Application Level Determination

On March 7 2010, the Global Reporting Initiative (GRI) launched its Mining & Metals Sector Supplement (MMSS) during the Prospector & Developer Association of Canada (PDAC) convention in Toronto. Can MMSS indicators change approach to determination of GRI Application Levels of sustainability reports? (more…)

Bookmark and Share