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Ten principles for the future of mining

The SAIMM says President Cyril Ramaphosa has emphasized the need for all mining stakeholders to come together, to create a common vision of the future, and to work together to achieve it.

In doing so, he articulated the following ten principles.

Principle 1:

We must foster inclusive growth for all stakeholders where mining takes place. This includes employees, their families and surrounding communities.

Principle 2:

Mining companies should establish partnerships with local governments to address and solve local problems in municipalities and communities.

Principle 3:

Companies should invest in improving the living conditions of mine workers.

Principle 4:

Mining companies should invest in education and training, that allows mine employees and communities to transition to a new economy, aligned to industrial revolution 4.0.

Principle 5:

We should all create partnerships with education and training colleges to ensure curricular are modern and appropriate.

Principle 6:

We should not be afraid to embrace the principle of increased local beneficiation, to create downstream benefits and employment.

Principle 7:

We must collectively pat more attention to health and safety in the mining industry.

Principle 8:

We must constantly look to embrace the aspirations of the youth, by creating internships, job opportunities and local entrepreneurs and SMMEs.

Principle 9:

We must continue to priorities the representation of women in all levels of management, operations and boards.

Principle 10:

We must have the courage to include workers and their representatives in our boards.

These principles should guide the direction of the SAIMM, to ensure that it contributes as a valued partner in the future of our industry.

Let us all consider how we can contribute.

Courtesy: The Southern African Institute of Mining and Metallurgy

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