NGOs demand publication of bank's report into claims of tax avoidance by Glencore Xstrata-owned Mopani Copper Mines
Recently the Australian Financial Review (AFR) brought some focus on occupational health and safety (OHS) by reporting on the most recent annual report from GlencoreXstrata in its article “Mining’s not war, why 26 deaths?” (subscription required). The article is enlightening but as important is that a business newspaper has analysed an annual report in a workplace safety context. Curiously, although OHS is often mentioned as part of its sustainability and risk management program, safety is not seen as a financial key performance indicator, and it should be.
On Monday, the public saw the first event relating to phase two of the investigation into the massacre at London-listed Lonmin's Marikana platinum mine, which will look into the socio-economic conditions that led to the tragic week in mining. These are the issues which, if left unchecked, could cause continuing violent unrest.
After two months of “unprecedented” strikes in the platinum industry, there is currently no discussion between the Association of Mineworkers and Construction Union (AMCU) and three platinum producers – Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lonmin. By all accounts, workers are suffering.