Sharing Mining Benefits in Developing Countries - World Bank

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Name Associated Company Country20. Freeport Partnership Fund for Freeport McMoran IndonesiaCommunity Development21. Fundación Falcondo Xstrata DominicanRepublic22. Fundación San Isidro BHP Billiton Colombia23. Fundación Sierra Madre Goldcorp Guatemala24. Gelganyem and Kilkayi Trusts Rio Tinto Australia25. Goldfields Ghana Foundation Gold Fields Ghana26. Greater Rustenburg CommunityFoundation- South Africa27. Hail Creek Wiri YuwiburraCommunity Benefits TrustRio Tinto CoalAustraliaAustralia28. Impala Bafokeng Trust Impala Platinum South Africa29. Impala Community Development Impala Platinum South AfricaTrust30. Inti Raymi Foundation Newmont Mining Bolivia31. Kashansi Foundation First QuantumMineralsZambia32. Kestrel Aboriginal CommunityDevelopment FundRio Tinto CoalAustralia33. Kupol Foundation Kinross GoldCorporation34. Las Bambas Mining Project XstrataSocial Contribution trust35. Lihir Sustainable Development Lihir GoldPlan Trust36. Lonmin Community Development LonminTrustAustraliaRussiaPeruPapua NewGuineaSouth Africa37. Mineral Foundation of Goa Various India38. Montelibano Educational BHP BillitonColombiaFoundation39. Mozal Community Development BHP BillitonMozambiqueTrust40. Musselwhite Fund Goldcorp Canada41. Namdeb Social Fund Namdeb Namibia42. Newmont Ahafo Development Newmont Mining GhanaFoundation43. Northern Territory Aboriginal GovernmentAustraliaBenefits Account44. Palabora Foundation Rio Tinto South Africa45. Phelps Dodge Foundation Phelps Dodge No longer inoperation52 Sharing Mining Benefits in Developing Countries
Name Associated Company Country46. PNG Sustainable DevelopmentProgram47. PT Freeport Indonesia TrustFundsOTMLFreeport McMoranPapua NewGuineaIndonesia48. Raglan Fund Xstrata Canada49. Rio Tinto Aboriginal Foundation Rio Tinto Australia50. Rio Tinto Foundation Zimbabwe Rio Tinto Zimbabwe51. Rio Tinto Western Australia Rio TintoAustraliaFuture Fund52. Rössing Foundation Rio Tinto Namibia53. Sadiola Hill & Yaleta Gold Mines AngloGold Ashanti MaliCommunity Development Fund54. Sorowako EducationalFoundation (Yasan PendidikanSorowako)PT Inco Indonesia Indonesia55. Tahltan Heritage Trust Fund NovaGold Canada56. Tampakan CommunityXstrataPhilippinesFoundations57. Tintaya Foundation BHP Billiton Peru58. Vale Foundation VALE Brazil59. Vale Social Trust VALE Peru60. Western Shoshone EducationalLegacy FundBarrick GoldCorporationUnited StatesExtractive Industries for Development Series53
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 and 60: ConclusionFoundations, trusts, and
Page 61: Appendix 1: MiningFoundations, Trus
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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