News - Consolidated Mining Standard Initiative

Update from Consolidated Mining Standard Initiative

Dear Friend,

Thank you for your interest in being kept informed of the progress of the Consolidated Mining Standard Initiative. I am pleased to share this first update with you.

Earlier this month, the Partners and members of the Stakeholder Advisory Group and Industry Advisory Group came together in New York. It was a very productive couple of days of constructively challenging conversations focused on advancing the design of the assurance process for the standard, the principles for a multistakeholder governance model, and working through feedback on the ambition and requirements of the 24 performance areas within the draft consolidated standard.

Collaboration underway to develop consolidated standard for responsible mining

The Copper Mark, Mining Association of Canada, ICMM and the World Gold Council are working towards consolidating their individual voluntary responsible mining and metals standards into a single global responsible mining standard, and multi-stakeholder oversight system.

This collaboration responds to direct feedback from investors, civil society, customers, policy makers and mining companies that confirmed the appetite for a less crowded and complex standards landscape that is more transparent, robust and encourages wider industry participation to drive impact at scale.