4/12/2011. Sustainable Development. Point of View

Transcription

1 A Miner Looks at Sustainable Natural Resource Development National Academies Beckman Center Irvine, California April 7, 2011 Pat James, Panelist 1

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4 The Triple Bottom Line Definition of Sustainable Development Sustainable Development from a Mining Executive s Point of View 4

5 The Triple Bottom Line Definition of Sustainable Development First the development, whatever or wherever it is, must contribute economic value to the developer and to the stakeholders of the development. The Triple Bottom Line Definition of Sustainable Development It must contribute environmental value, meaning that at a very minimum it must be neutral and not cause irreparable damage, or leave health risks behind. Many times new mines clean up festering problems left over by old mines. 5

6 The Triple Bottom Line Definition of Sustainable Development And last, and what is new for miners and most other businessmen, it must contribute real and lasting social value to the stakeholders; Operations built and operated at the best global standards Good paying jobs with advancement opportunity Safe working conditions Excellent environmental controls An Educated workforce that has skills that can transfer to other jobs Education for the children of the community 6

7 Better local infrastructure (water, power, medical services, sanitation, ti housing, schools, roads, local businesses, availability of goods and services, etc.) And very Important: No continuing adverse impact when the operation is closed The TBL Summed Up When the mine is depleted, and we move away to the next deposit, the people we affected must be better off than they would have been if we had never been there. 7

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9 Antamina Tailings Dam - Before Anatmina Tailings Dam - After 9

10 Kumtor Mine Centerra Gold Southeastern Kyrgyzstan 0ver 4000 M high in Tien Shan Mountains 60 km from China, 350 km from KR Capital of Bishkek One of the most remote mines in the World Kumtor Mine Centerra Gold Developed in mid-1990 s by Cameco Gold Centerra Gold was formed in 2004 and company did an IPO to become public Kyrgyz Republic had 16% Cameco sold its 53% in 2009, and Kyrgyz ended up with 33% 10

11 Kumtor Mine Centerra Gold The mine started production in 1997, and has produced d over 7.5 million ounces of gold. In 2009 Kumtor accounted for 7.5% of the GDP of the Kyrgyz Republic Kumtor Operating Company employs 2,530 people, with only 143 ex-pats The operation was built to, and operates in compliance with Kyrgyz/Ontario/World Bank Standards Kumtor Mine Centerra Gold Kumtor is one of the safest mines in the world, with accident incidence id rates a fraction of Ontario and US MSHA rates, Kumtor invests in many activities aimed at improving the standard of living for the people in the surrounding area, through schools, vocational training, medical and dental centers, and local business development 11

12 Kumtor Mine Centerra Gold Kumtor operates in cold part of the world The open pit is bordered by two glaciers The mine is a modern operation, and mines on average 480,000 tonnes of ore and waste per day. This week the operation set a mine record by moving over 500,000 tonnes in 24 hours. Kumtor Mine Centerra Gold As the ore body plunges deeper, Kumtor is starting ti to develop an underground d mine under the open pit One of Kumtor s technology challenges is operating in a permafrost environment. 12

13 Technology Challenges with Deeper Mines Basic mining technology needs will be met by the miners and their suppliers Specialized technology, drawing on skills mining companies don t normally have, is a critical area in the future. Technologies in biologic processing, computer modeling, hydrology, sound and DPM control, and various imaging techniques 13