Managing Information to Support a Social Licence to Operate

- Organization:
- The Australasian Institute of Mining and Metallurgy
- Pages:
- 10
- File Size:
- 297 KB
- Publication Date:
- Jul 16, 2014
Abstract
Although much talked about, social licence to operate (SLTO) is a relatively new concept that has been deemed as one of the four biggest business risks to a mining project over the life-of-mine. There is no accepted single definition of SLTO and this author understands SLTO to be stakeholder perception of the legitimacy of a project, a company or an industry. At a specific site, and across different sites within the same organisation, SLTO ranges through different levels according to stakeholders’ degrees of acceptance in time and space. Management of SLTO is vital for the mining sector but is difficult as it is informal and intangible. Although there are no key performance indicators, there are certain indicators that enable relative measurement of the ‘level’ of the SLTO. Because of the importance of the SLTO, information management during the entire life-of-mine, from exploration to rehabilitation, becomes crucial for the continued operation of a project. This paper identifies ten basic principles for the management of information to support the SLTO.CITATION:Golsby, A, 2014. Managing information to support a social licence to operate, in Proceedings Life-of-Mine 2014 , pp 389–398 (The Australasian Institute of Mining and Metallurgy: Melbourne).
Citation
APA:
(2014) Managing Information to Support a Social Licence to OperateMLA: Managing Information to Support a Social Licence to Operate. The Australasian Institute of Mining and Metallurgy, 2014.