Sharing Mining Benefits in Developing Countries - World Bank

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from the research reported here, it is clear that highly participative, financiallysustainable, and well-managed FTFs are defining leading practicein this field. In the end, the success of an FTF is best measured througha participative monitoring and evaluation program which feeds insightsback into the future operational plans of the organization.With more than 60 mining FTFs operating in the developing world,there is a vast breadth of experience in using these structures to share thebenefits of mining. This publication has sought to expand the knowledgebase around the use of FTFs in the mining sector. It is clear that demandexists for additional knowledge sharing and collection of expertise inthis field.50 Sharing Mining Benefits in Developing Countries
Appendix 1: MiningFoundations, Trusts,and FundsName Associated Company Country1. Alcoa Foundation Alcoa Global2. Anglo American Chairman’s Fund Anglo American South Africa3. Anglo American Epoch and Anglo American South AfricaOptima Trusts4. Anglo American Group Foundation Anglo American Global5. Anglo Chile EMERGE Program Anglo American Chile6. AngloGold Ashanti Fund and Trust AngloGold Ashanti South Africa7. Antamina Mining Fund (Fondo Antamina S.A. PeruMinero Antamina)8. Anum Lio Foundation PT Kelian Indonesia(Rio Tinto)Indonesia9. ARM CSI Trust and Chairman’sFundAfrican RainbowMineralsSouth Africa10. Asociación Ancash Antamina S.A. Peru11. Asociación los Andes deNewmont Mining PeruCajamarca12. BHP Billiton Development Trust BHP Billiton South Africa13. BHP Billiton SEWA India BHP BillitonIndiaDevelopment Foundation14. The Cerrejon Coal Foundations(Water, Indigenous Development,Progress, InstitutionalStrengthening)Cerrejon Coal Colombia15. Clermont Aboriginal CommunityDevelopment FundRio Tinto CoalAustraliaAustralia16. DeBeers Fund DeBeers Southern Africa17. Debswana Diamond Trust Debswana & DeBeers Botswana18. Escondida Foundation BHP Billiton Chile19. Fondo de Inversión Social CODELCO Chile(continued)Extractive Industries for Development Series51
Page 2:
World Bank Group’s Oil, Gas, and
Page 6 and 7:
Box 3.3: Government Funding Mechani
Page 8 and 9:
AcronymsAACFAHRCALACAMPAASRPCMCACOD
Page 11 and 12: Executive SummaryMining projects in
Page 13 and 14: Chapter 1IntroductionMessageFoundat
Page 15 and 16: that process. Chapter 3 reveals bot
Page 17 and 18: Figure 2.1: Benefit-Sharing Channel
Page 19 and 20: Table 2.1: Examples of Royalty/Tax
Page 21 and 22: to be shared among project benefici
Page 23 and 24: FTFs and other dedicated instrument
Page 25 and 26: money payable to communities over a
Page 27 and 28: The agreements often use FTF struct
Page 29 and 30: Chapter 3Key Attributes ofFoundatio
Page 31 and 32: • Provisions for supervision and
Page 33 and 34: Figure 3.1: Sliding Scales of Attri
Page 35 and 36: Box 3.1: The Starting Points of FTF
Page 37 and 38: Communities or local nongovernmenta
Page 39 and 40: support charitable organizations in
Page 41 and 42: externally, or by a combined approa
Page 43 and 44: Chapter 4Drawing Lessons fromExperi
Page 45 and 46: development projects. It was subseq
Page 47 and 48: objectives, and intended beneficiar
Page 49 and 50: Buying in expertise: The Anglo Amer
Page 51 and 52: Figure 4.6: Rio Tinto Palabora Mini
Page 53 and 54: Figure 4.7: Fondo Solidaridad Cajam
Page 55 and 56: and the level of financing they wil
Page 57 and 58: Figure 4.9: Ok Tedi Mining, Ltd.Pro
Page 59: ConclusionFoundations, trusts, and
Page 63 and 64: Name Associated Company Country46.
Page 65 and 66: March 2002, accessed April 2, 2010,
Page 67 and 68: Ok Tedi Fly River Development Progr
Page 69: Extractive Industries for Developme
Page 72: The World Bank1818 H Street, N.W.Wa
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Sharing Mining Benefits in Developing Countries - World Bank

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