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Public disclosure of mine closures by listed South African mining companies

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Cornelie Crous, John Owen, Lochner Marais, Samkelisiwe Khanyile, Deanna Kemp

30 December 2020

Corporate Social Responsibility and Environmental Management

English

uKESA Librarian 2, Lochner Marais

Journal article

Centre for Development Support

South Africa

The demand for transparency in the mining sector has increased since the 1980s. This study focused on the public reporting of four South African mining corporations and their disclosures on mine closure. South Africa was identified based on its history of mine abandonment. The authors found that reporting on mainstream environmental and financial matters, companies disclose little about the social aspects of mine closure. External reporting norms have evolved, with a widening scope of reporting themes presented in strategically parsimonious language.

 

Reporting themes speak to where companies, and transparency initiatives, receive greatest external interest and much of the content in company sustainability reports appear to service this demand. This pattern is manifestly challenging for the social aspects of mine closure, where reporting is minimal and reveals little about the timing of proposed changes to the mine lifecycle, the anticipated societal effects, and how the company will address these.

 

 

Abstract based on original source. 

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Website References

Built environment

Economic conditions

Governance

Livelihoods

Mine closures

Mining

Mining Towns

Mining Towns Collection

Poverty & inequality

Rights

Social development

Society

South Africa

Sustainability

Unemployment

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