Mining Companies And Social And Environmental Responsibility
Mining companies and social and environmental responsibility
Mining has an image problem. In developing and developed countries alike, the public tends to regard the industry as dirty, dangerous and disruptive - and those who stand to profit from it as greedy despoilers.
But as gold, copper and other metals hit their highest prices for many years, and the power generation industry is poised for a big shift from gas to coal, the imperative to challenge that caricature is becoming more urgent.
While mine companies are making record profits, and mining stocks are attracting swaths of new investors, the risk of reputation damage is also rising as easy-to-reach deposits of metals, coal and diamonds in locations such as Australia and Canada are exhausted, forcing mining companies to expand into more remote areas of Africa, Asia and Latin America.
The critical voices are loud and well organized. But the industry is fighting back - admitting to past failings but trumpeting the......
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Approximate Word Count: 4578
Approximate Pages: 19 (250 words per double-spaced page)
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