Consolidated Mining Standard Initiative launches first public consultation

If adopted, the voluntary mining standard is anticipated to include almost 100 mining companies across approximately 600 operations in around 60 countries.

The Copper Mark, Mining Association of Canada, ICMM and World Gold Council – Partners of the Consolidated Mining Standard Initiative (CMSI) – have published a draft consolidated standard, governance model, assurance process and related reporting and claims policy. They are encouragng stakeholders to provide their views through a 60-day public consultation.

The vision for the initiative is for a sustainable society, enabled by the responsible production, sourcing and recycling of metals and minerals. Its goal is to simplify the current mining standards landscape and promote continual improvement.

The first consultation will run online for two months, concluding on 16 December 2024. A shorter second consultation is expected in 2025. 

Stakeholders are also invited to provide their views on the proposed governance model, which envisions an independent entity that will oversee the Standard. It is the intention that The Copper Mark, including its Board, will transition and evolve into this independent entity.

Once finalised, the Standard is expected to be used by existing members of ICMM, World Gold Council and Mining Association of Canada, and participants of The Copper Mark.