The Minerals Industry - Beyond Sustainability Indicators

Efforts to define sustainability indicators are continuing in the mineral extracting industry and sector research institutions. Comprehensive ‘sets’ of economic, ecological and social sustainability indicators for the minerals industry are a necessary precondition for rationale-based negotiations with stakeholders from society. These tools alone, however, will not suffice in a delicately balanced economy-ecology -social well-being equilibrium with ever shifting valuation of different variables. Individual interests and emotions and also ideologically motivated positions of diverse stakeholders are gaining momentum. The minerals industry therefore has to develop beyond the rational pro-arguments for mining in the form of sustainability indicators also proactively its ‘soft skills’ to deal with expectations, fears and outright anti-mining bias, if it wants to retain the ‘social licence’ to continue.