“[O]f the 24 AIM-listed mining organizations surveyed, some 75% had some exposure to fraud.” “Of those surveyed, only 35% of the mining organizations have procedures in place to ensure compliance with the UK Bribery Act.” “ [M]ining operation’s human resources function may be open to fraud, as mining companies seeking a social license to operate may find themselves having to “spread the financial benefits of employment to particular groups whose support is needed to continue mining.” *The report found examples of mining company employees who may take shortcuts and bribe local and national officials to protect the company’s investment on a major project”
See http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=147178&sn=Detail.