Integrating social issues management to mining´s core business is a complex challenge because of the nature of theses issues, which are difficult to measure and anticipate. It becomes a even more complex matter during specific stages of a project, the construction stage for example, when the intensity and number of simultaneous activities generated are higher. This can potentially generate a range of impacts and concerns including migration, access to natural resources, resettlement, perception of pollution, inflation, etc.

Peru is going through a period of social unrest mainly linked to the expansion of extractive industries, specially in the mining activities In such scenario, mining companies should, more than ever, have an appropriate understanding of their environment and their stakeholders´perceptions and concerns regarding the company´s activities.

This report is the result of a ‘perceptions study’ based on interviews opinions, views and experiences. The report is neither a performance assessment nor an audit. In contrast to a perceptions study, audits and assessments focus on ‘testing’ company systems and procedures, and validating that plans are being implemented. This was not the approach taken in this study.

The researchers did not evaluate the status or effectiveness of community engagement and social development programs that Yanacocha has planned or that are currently underway. The research team were commissioned to listen to interviewees, focus on what people said, and capture their views in a concise report. When Yanacocha invited CSRM to undertake the study, there was some internal recognition that the company had not been listening well to the community, in particular to people from Cajamarca city. The release of this report is an initial step towards remedying that gap.

A common situation for mining companies in developing countries is the need to operate within communities affected by low competitiveness, high poverty and social exclusion, with weak institutional development characterized by corruption, political fragmentation and a lack of public regulation.

Most of the companies´attempts to overcome risks focus on the implementation of direct social investment strategies. Many of these initiatives show little evidence of positive impact and benefits, in most cases with limited coverage, and do not contribute to manage expectation.

Global Compact UN

Strengthening Our Pledge to Sustainability: Proudly Joining the United Nations Global Compact

We are delighted to announce our formal alignment with the United Nations Global Compact, underscoring our unwavering commitment to sustainability and our dedication to actively support the Sustainable Development Goals (SDGs). Our decision to join the Global Compact is a clear manifestation of our strong resolve to conduct our business ethically and responsibly, adhering to universal principles governing human rights, labor standards, environmental stewardship, and the fight against corruption. Established

community of practica

Building an innovative space for learning and knowledge exchange to strengthen the governance of mining in the Moquegua region of Peru

In the Moquegua region of Peru, a new community of learning has launched, in which representatives of civil society, government, business, and academia jointly explore problems and solutions relating to mining governance in the region. The community offers a neutral space to build and strengthen the trust among and within the different stakeholder groups in the Moquegua region in order to promote dialogue, exchange of experiences, and learning – all