International Council on Mining and Metals

File:ICMM logo.jpg

Logo of the International Council on Mining and Metals.

The International Council on Mining and Metals (ICMM) was founded in 2001 to improve sustainable development performance in the mining and metals industry.

Sustainable development

In 2001 the International Council on Mining and Metals were developed to bring many different mining companies together and increase performance measures and development in this sector. The ICMM's main goal is to create new opportunities in the mining sector, and overcome many challenges that will be presented in the future. ICMM are looking for ways to continually improve the sector and bring the many issues to the forefront to be resolved in the future. Another goal of ICMM is to work along side all there shareholders and in turn create new and prosperous relationships with them.

The ICMM has developed 10 principles to which member companies must adhere. These considerations resulted from a survey of concerned parties both within and outside the council. They seek to comply and reinforce guidelines established by organizations including the OECD and the World Bank.

Members

• African Rainbow Minerals
• Anglo American
• AngloGold Ashanti
• Areva
• Barrick Gold
• BHP Billiton
• Codelco
• Freeport-McMoRan Copper & Gold
• Glencore
• Goldcorp
• Gold Fields
• Hydro
• JX Nippon Mining & Metals
• Lonmin
• MMG
• Mitsubishi Materials
• Newmont
• Rio Tinto Group
• Sumitomo Metal Mining
• Teck
• Xstrata

ICMM Values

The International Council on Mining and Metals list many of there core values they strive toward, these include;

1) For all users of the materials they produce they make sure the utmost safety, overall safety and security is being followed so nobody gets hurt on the job

2) They make sure to always respect the people involved in the mining sector and the environment that is being used, to make sure its used efficiently and effectively at all times.

3) They always live up to there commitments and ensure liability for all work being done in the Mining and Metals sector.

4) Ensure as much cooperation between people and the companies involved. They inspire for continued team work and commitment.

Controversy

ICMM was established to provide guidelines for member companies so they could work toward sustainable development. Even so, many of the companies have been implicated in social and environmental scandals since the council's inception.

References

1. Anonymous. (2011). The International Council non Mining and Metals: Sustainable development and mining. ProQuest, Vol 63, Iss.10. (Oct 2011)
2. Anonymous. (2011). The International Council non Mining and Metals: Sustainable development and mining. ProQuest, Vol 63, Iss.10. (Oct 2011)
3. Anonymous. (Feb 2002). International Council on Mining and Metals launhed, vol.54, Iss.2:8
4. ICMM-International Council on Mining and Metals. (ICMM 2018). Retrieved from http://www.icmm.om/en-gb
5. Business and Human Rights Resource Centre. (n.d) Retrieved from http://www.business-humanrights.org/en/business-orgs/sectoral-business-orgs/international-council-on-mining-metals-icmm?page=11
6. IIED (International Institute for environment and development). (n.d) Retrieved from http://shapingsustainablemarkets.iied.org/international-council-mining-and-metals-icmm-sustainable-development-framework — Preceding unsigned comment added by ZacharySheppard (talk •contribs) 04:43, 1 February 2018 (UTC)

External links

• Official ICMM website
• Good Practice Mining website
• ICMM: Partnerships for Development profile on database of market governance mechanisms