ABSTRACT
The concept of “Trust” in the minerals´ s value chain is essential for its existence since the materialization and progress of the projects and the businesses through this process are enabled by the trust between different actors in it.
At the beginning of the value chain, a robust institutional framework is required, where the mining country can give confidence to the company that invests in mining. Subsequently, it is the mining company, who must demonstrate to the local population that their investments generate shared value to the territory and does not cause damage to the environment. Then both the company and the mining country where the mineral is extracted must show that its minerals are attractive in the market and that they meet international standards. Along with this, in the process of commercialization and export of minerals, the company must show to the mining country from which the mineral is extracted, that this extraction is being responsible regarding the taxes it pays in the country as well as the traceability of the minerals exported. And finally, there must be trust in the alliance between the countries involved in the exchange of these minerals, in the search for sustainable mining that add value to the local economies while meeting the demand for international development.
In this presentation we will address these links of trust, presenting facts and examples for the case of mining in Chile at each stage of the value chain which are important elements that are currently supporting trust and that should ensure it for the challenges of the future.
BIOGRAPHY
Carlos Silva
Head of the Strategy and Mining Public Policies Division at the Mining Ministry of Chile.
Carlos Silva is a Civil Engineer and MBA from the University of Chile. He also holds an MPA from Tsinghua University in China, as well as postgraduate degrees in environmental management, renewable energy, mining management, and public policy, among others.
Carlos has worked in the mining industry for 13 years, with previous experience in copper sulfide mining projects such as Sierra Gorda, and copper oxide projects such as the Franke mine in Chile. His experience is focused on mining and environmental regulatory compliance and permitting, as well as mining property and social responsibility.