Mining’s contribution to the Dominican Republic UNCSD Ben Peachey, Director - Communications, ICMM 3 May 2011

2  ICMM overview  Member performance standards  Our work  Focus on Mining: Partnerships for Development  Opportunities in the Dominican Republic Overview of presentation

3 ICMM at a glance Over 800 sites in 54 countries CEO led 18 Company members 30 Association members

4 Where do we come from? 4 regional reports 23 global workshops 175 research projects 50,000 people involved

5 Member commitments Robust entry criteria and process Clear performance expectations Reporting... and redress?

6 ICMM member performance – 2010 reports Reporting/assurance commitment Compliant member companies Policy alignment with principles16 Assurance of policy alignment15 G3 application level 15 - advanced 2 - intermediate 1 - beginner Total: 18 Use of GRI sector supplement18 Assurance of G3 application level16

7 Interests important to mining Industry: mining companies (junior to major), investors, labour, service providers, associations Government: local, regional, national, international Indigenous peoples and their organizations, mining affected communities End users, original equipment manufacturers, consumersCivil society organizationsAcademic, learning, and R & D support

8 Work programs 1. Reporting & Assurance 2. Socio-economic Contribution Resource Endowment Community 3. Environmental Contribution 4. Health & Safety Worker Community 5. Materials Stewardship Mining and Metals Contribution Accountability & Continuous Learning 6. Communications 7. President’s Office Core services Associations Co-ordination Group

9 Biodiversity ICMM has been part of a dialogue with the International Union for Conservation of Nature (IUCN) since 2004.

10 Health and Safety ‘

11 Climate change

12 Mining: Partnerships for Development Poverty reduction Revenue management Regional development planning Social investment Local content Dispute resolution

13 What do partnerships look like? Partnership for Poverty Reduction Companies NGOs, Civil Society, Communities Host Governments Donor agencies

14 Economic performance of mining countries Better PerformersWeaker Performers Better Performers Generally Better Performers Weaker Performers with relatively better performance in a few economic (E) and social indicators (S) Clearly Poor Performers Chile Botswana Malaysia Tunisia Ghana Mexico Colombia Guinea Jamaica Mali Morocco Mozambique Namibia Senegal South Africa (E) Tanzania (E) Guyana (E) Mauretania (E) Gabon (E + S) Peru (S) Suriname (S) Togo (S) Jordan (S) Zimbabwe Bolivia Central African Republic Congo Liberia Niger PNG Philippines Sierra Leone Zambia

15 4 country case studies  Each study reviewed in depth the economic and social impact of one large mine Peru – Compania Minera Antamina Chile – Minera Escondida Ghana – Obuasi Gold Mine Tanzania – North Mara Mine (Barrick)

16 Strong macroeconomic performance in Ghana

17 Tanzania: estimated revenues, ($’000)

18 The sharing of mining revenues in Tanzania Government taxes and royalties Loans and interests Production costs Share holders 15% 10% 57% 11% Capital reinvestment 7%

19 Opportunities in the Dominican Republic Engage in international mining community ICMM Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development Extractive Industries Transparency Initiative In-country collaboration Government Companies Civil society Donor agencies

20 For further information please contact: Ben Peachey, Director - Communications