Page 35 - Bullion World Volume 04 Issue 07 July 2023
P. 35

Bullion World | Volume 3 | Issue 7 | July 2023


           Social Initiative

            Companies/     Health and       Community       Stakeholder     Human Rights:  Diversity and
            Initiatives    Safety:          Engagement:     Engagement:                    Inclusion

            Newmont        TRIFR of 0.25.   Employed        Resolved 100%   Enhance the    18% Women
            Corporation.                    over 32,000     of reported     livelihoods of   workforce.
                           $5.2 mn in       people in host   grievances.    1500 artisanal
            Mines: United   health programs,   communities.                 miners.        Women held 24%
            States, Australia,  resulting in a                                             of senior leadership
            Peru, Ghana.   10% reduction    $50 mn in                                      positions.
                           in occupational   community
                           illness cases.   development
                                            projects.
            Barrick Gold   TRIFR of 0.36.   Employed over   Resolved 100%   Resolved 97%   Increased Indigenous
                                            21,000 people in   of reported   of reported   employment by
            Mines: United   $6 mn in        host countries  grievances      human rights   15% and Indigenous
            States,        employee health,                                 grievances.    procurement by 10%.
            Argentina,     resulting in a 20%  Invested $37   Over 700
            Dominic        decrease in the   million in     community
            Republic.      number of high-  community       engagement
                           risk employees.  development     initiatives.
                                            projects.


            Newcrest       15% reduction in   80% workforce   Resolved 95%   Identifying and   25% increase in
            Mining         TRIFR.           from host       of stakeholder   addressing 30   female representation
                                            country.        grievances.     potential human  in leadership.
            Mines: Australia,  20% increase                                 rights risks.
            Papua New      in employee      $20 mn in       Conducted over                 10% increase in
            Guinea,        satisfaction and   community     100 stakeholder   15% increase   employee diversity.
            Indonesia,     engagement.      infrastructure   consultations,   in Indigenous
            Canada.                         projects.       surveys, and    employment.
                                                            engagement
                                                            activities.
            McMoRan        20% reduction in   Invested      Average         Zero reported   Women holding 40%
                           the TRIFR.       $2 million      stakeholder     human rights   of executive-level
            Mines:                          benefiting 10,000  satisfaction rating  violations across  roles.
            Indonesia,     Decrease in lost   community     of 4.5 out of 5.  operations.
            United States,   workdays due to   members.
            Peru, Chile,   illness or injury by                             98% employee
            Democratic     15%.             20 consultations                satisfaction rate.
            Republic of                     addressing 90%
            Congo                           of concerns.
            Kinross        Reduced the      Average local   Conducted over   Training sessions  Women in leadership
                           TRIFR by 30%.    employment rate  100 community   reaching      positions by 10%.
            Mines: Brazil,                  of 85% across   consultations   over 3,000
            Russia,        1,500 safety     operations.     and stakeholder   employees and   15% increase in
            Mauritania,    training sessions.               engagement      contractors.   employee satisfaction.
            United States,                  $4 million in   sessions.
            Ghana.         Reduction in     community                       200 Indigenous
                           workplace        development     Resolved 95%    jobs and
                           incidents by 20%.  projects.     of stakeholder   partnerships.
                                                            grievances.
            Gold Fields    Reduced the      $5 mn in        Resolved 90%    95% compliance  25% increase in
                           TRIFR by 20%.    infrastructure   of stakeholder   rate.        female representation
            Mines: South                    development     grievances within              in leadership.
            Africa, Ghana,   Decreased      positively      30 days.        $2 mn
            Peru, Australia.  absenteeism by   impacting the                investment     50% increase in
                           15%.             lives of 10,000                 in local       female participation in
                                            members.                        communities.   technical roles.


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