will stop making facilitation payments, or people will continue
to do them, but call them something else.
AAMIG has been in discussions with members on both
sides of the house in federal parliament regarding the
issue of facilitation payments, and the reception so far has
been encouraging.
“
AAMIG members tend to be in a strong position to
communicate with diplomatic representatives, which can work
in a company’s favour in the case of a crisis. A good example is
the Sundance plane crash, where AAMIG very quickly tapped
into the political network and the Australian Federal Police to
aid search and recovery efforts,” says Rick Yeates, Managing
Director of Middle Island Resources.
Partnering for development in Africa
The Australian mining industry is well regarded for its ‘can do’
attitude and its ethical, social and environmentally conscious
approach to its business conduct in Africa; attributes which
AAMIG is helping to enhance, particularly with junior and
mid-sized companies.
In addition to considerable direct foreign investment in Africa
by way of the industry’s core business of exploration, feasibility
studies, project construction, and mining and processing
operations, the Australian mining sector is actively involved
in establishing and managing social development programs
proximal to their operations. These programs are extremely
diverse, ranging from the establishment of civil infrastructure
such as villages, potable water supplies, schools, clinics
and community centres, while other activities include
commercial agriculture and aquiculture projects, enterprise
development programs, workforce health education,
professional training courses, and the sponsoring of tertiary
and postgraduate students.
Unfortunately, however, through sheer geographic
circumstance, mining and exploration companies frequently
find themselves inheriting issues of a social and political nature
that would typically fall under the responsibility of the host
government. Solutions to these situations are never simple, and
while the mining industry plays a significant role in supporting
community development needs, the most sustainable results
are more often achieved through the development of strategic
partnerships with governments and experienced NGOs.
In response to this common issue, AAMIG entered into an
agreement with AusAID and DFAT to support eight successful
member applications for a Development Aid Program (DAP)
in 2011-2012. The DAP is a public-private partnership designed
to deliver social development assistance through the award
of Australian government aid funding based on its ability
to achieve maximum social, financial, political and
strategic advantage.
A new classroom built at Ipiana village for
the children in Kayelekera, northern Malawi
Project supported by Paladin Energy
-
IronClad Mining -
Registered Office
Level 2, 679 Murray Street
West Perth WA 6005
P: +61 8 9485 1040
F: +61 8 9485 1050
Principal Office
307
Pulteney Street
Adelaide SA 5000
P: +61 8 8224 0411
F: +61 8 8227 0411
ASX Code: IFE
Global innovation from
production to world markets
IronClad Mining Limited
(“
IronClad”) is an
ASX listed company (ASX: IFE) with its key
project, the
Wilcherry Hill Iron Ore project
,
favourably located 130km from the steel
industry at Whyalla and 45km north of
Kimba in the northern Eyre Peninsula, in
South Australia.
The Wilcherry Hill Project is an 80:20 Joint
Venture between IronClad and Trafford
Resources Limited.
www.ironcladmining.com