NEWS

08.11.11
ICMM puts sustainable development on agenda at China Mining Congress

Government and industry called for partnerships at a successful session on sustainable development at the China Mining Congress on Tuesday 8 November.

ICMM presented the Lao PDR Country Case Study – which is the fifth application of ICMM’s Mining: Partnerships for Development Toolkit – together with MMG, who sponsored its production.

The toolkit provides a systematic approach to measuring mining’s positive and negative economic and social contribution.

“Mining is economically critical to millions of the world’s poorest people,” said ICMM Director Kathryn McPhail. “ICMM research has shown that the resource curse is not inevitable. But in order to realize mining’s full potential contribution to development, you need a strong governance framework – not just at the national level, but regionally and locally.”

Robin Hamilton-Coates from MMG also talked about the company’s experience applying the toolkit.

Utilizing mining and mineral resources to foster the sustainable development of the Lao PDR found that mining has come to represent 80% of foreign direct investment (FDI) in this mineral rich country.

The mining industry is a significant contributor to the country's economy, providing 45% of total exports, 12% of government revenues and 10% of national income. These benefits have been complemented at the local level by stimulating markets and enhancing incomes.

The event was hosted by the China Ministry of Land & Resources and the Tianjin Municipal Government.

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