International Council on Mining and Metals

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 alongside all their shareholders and in turn create new and prosperous relationships with them. They feel that creating an identity with other companies and shareholders will boost there overall public image and help them meet their goals.

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.

• 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
• Polyus Gold
• Rio Tinto Group
• Sumitomo Metal Mining
• Teck
• Xstrata

The International Council on Mining and Metals has a list of core values that include;[1]

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.
5. Effective communication and engagement with the many different companies and stakeholders
6. Social and economic development
7. Proper land conservation
8. Always aim and strive for continual improvement in each sector
9. Always respect others, different cultures and fundamental human rights
10. Ethical business practices

ICMM are currently working on many programs and activities involving a broad number of companies and organizations. Currently they are dealing with a number of work programs, that involves climate change, socio-economic development, and heath and safety to name a few. These work programs help develop sustainable activities with the environment around them and are built around health and safety of people who are involved. These programs set new standards of communication between companies and will help with future development in the mining and material sector. Opening the door for new innovations and more sustainable work practices for everybody, and promote active participation with as many people as they can to further develop their company.

ICMM is a well developed company who are involved with many projects and companies spanning around the world. Their ongoing success is due to the overall market coverage they have and they aim to continue and expand even more. There many projects around the world include North, South and Central America, Asia, Africa, Europe, and the Middle East.[2]

According to data from 2013; ICMM operates in 59 countries and are responsible for a huge amount of global mineral production.[2]

• Copper: 46%
• Platinum group metals: 41%
• Iron Ore: 41%
• Gold: 30%
• Nickel: 32%
• Zinc: 19%

1. Anonymous. (2011). The International Council non Mining and Metals: Sustainable development and mining. Mining Engineering. Vol 63, Iss.10. (Oct 2011) Peer Reviewed Journal
2. Anonymous. JOM (Feb 2002). International Council on Mining and Metals launched, vol.54(2), Iss.2:8. Peer Reviewed Journal.
3. ICMM-International Council on Mining and Metals. (ICMM 2018). Retrieved from https://www.icmm.com/en-gb
4. 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
5. IIED (International Institute for environment and development). 2013 (n.d) Retrieved from http://shapingsustainablemarkets.iied.org/international-council-mining-and-metals-icmm-sustainable-development-framework

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