InBrief: The role of mining in national economies
In 2010, the value of global minerals production was four times higher than in 2002. At the same time, there are 40 countries with significant dependence on mineral exports. Thirty of those are low or middle income countries and many have low Human Development Index scores.
This data demonstrates that mining has a significant and growing role to play in economic development in general and poverty reduction in particular. Evidence from ICMM case studies in Chile, Ghana and Brazil illustrates that mining areas have enjoyed stronger poverty reduction and social development performance than non-mining areas.
This InBrief examines the contribution of mining activities to the economies of 212 countries and is part of ICMM's 'Mining's contribution to sustainable development' series.