Nineteen mining companies, one of them China-linked, have agreed to use their combined influence to reduce poverty and foster development. All members of the London-based International Council on Mining and Metals (ICMM), the 19 said at the Mining Indaba that they had also chosen to prioritise revenue management, regional development planning, local content, social investment and dispute resolution.
The companies are African Rainbow Minerals, Anglo American, AngloGold Ashanti, Barrick, BHP Billiton, Freeport-McMoRan, GoldCorp, Gold Fields, Lihir Gold, Lonmin, Mitsubishi Materials, the China-linked MMG, Newmont, Nippon Mining, Rio Tinto, Sumitomo Metal, Teck, Vale and Xstrata.