MMG Limited is pleased to announce the appointment of CEO Andrew Michelmore as Chair of the International Council on Mining and Metals (ICMM).
Bringing together 23 of the world’s leading mining and metals companies and 35 national mining and commodity associations, the ICMM has driven significant improvements in sustainable development across industry since its formation in 2001.
Mr Michelmore was elected to the position of ICMM’s Chair of the Council of CEOs, the organisation’s governing body, at its bi-annual members meeting in London yesterday.
In accepting the position, Mr Michelmore paid tribute to outgoing Chair Mark Cutifani, CEO of Anglo American.
“During Mark’s two years as Chair, he has demonstrated the importance of strengthening relationships based on transparency and trust, particularly with communities and civil society. On behalf of the ICMM, I thank Mark for his dedicated leadership,” he said.
In discussing the ICMM’s priorities, Mr Michelmore said that the industry was in a unique position to work with governments and other development partners to support poverty alleviation and sustainable development.
“Mining is a critical economic driver in low-to-middle income countries, accounting for up to 90% of foreign direct investment, 60% of exports and 20% of government revenue in some instances,” he said.
“These contributions can act as an economic catalyst for supporting the development of communities, regions and whole economies and we recognise the importance of responsible practice across the complex social, economic and environmental aspects of mining.
“Over the last 14 years ICMM has shown significant progress in raising standards within the mining and metals industry through best practice guidance, policy engagement and collaborative partnerships.
“Our task is not only to continue our work in this area but to understand the changing needs and concerns of society and how our industry can best work with all,” he said.
MMG has been a member of the ICMM for six years, joining the organisation shortly after the company’s formation in June 2009.
“Recognising the value in working collaboratively to address social and environmental challenges, one of our first actions upon the formation of MMG was to apply for membership of ICMM,” Mr Michelmore said.
“With our unique ownership structure, growing global footprint and demonstrated commitment to building local capacity, I believe MMG contributes to the diversity of perspectives within ICMM’s group of members,” he said.
MMG is a global resources company which explores, develops and mines base metals deposits around the world. Headquartered in Melbourne, Australia, MMG is listed on the Hong Kong Stock Exchange (HKEx 1208).
