Social licencing in mining—between ethical dilemmas and economic risk management
W. Eberhard Falck ()
Additional contact information
W. Eberhard Falck: WEFalck Scientific Advisory and Consultancy Services
Mineral Economics, 2016, vol. 29, issue 2, No 5, 97-104
Abstract:
Abstract Mining comes at the price of environmental and social impacts. While minimising environmental impacts with a view to comply with regulatory requirements today is a standard procedure in mine business management, this is not necessarily so the case for social impacts. On the other hand, many societies today express their desire to participate in the decision-finding on the development of their physical and economic environment. A sustained and sustainable mine development requires the collaboration with the host communities concerned, which means that it has to be developed in a process commonly termed social licencing. However, a ‘social licence’ will not be granted once and for ever, but in fact is an evolving process, as the communities and their needs evolve. This paper examines the evolution of social licencing in the context of various ethical dilemmas and divergent norm and value systems of the different actors, such as host communities, mining companies and society as a whole. It also argues to make social licencing an integral element of business (risk) management for mining companies.
Keywords: Social licencing; Ethics; Risk management; Mining legacies; Q34; Q39 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
Downloads: (external link)
http://link.springer.com/10.1007/s13563-016-0089-0 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:minecn:v:29:y:2016:i:2:d:10.1007_s13563-016-0089-0
Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13563
DOI: 10.1007/s13563-016-0089-0
Access Statistics for this article
Mineral Economics is currently edited by Magnus Ericsson and Patrik Söderholm
More articles in Mineral Economics from Springer, Raw Materials Group (RMG), Luleå University of Technology
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().