LCL 0.00% 1.0¢ lcl resources limited

Ann: LCL wins Colombian ESG award, page-5

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  1. 928 Posts.
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    Because without acceptance by the local community, it is almost impossible to establish a mine. It's called "Social licence".

    "Social licence to operate, or simply social licence, is the acceptance of a mine or mining company by its employees, by its community stakeholders and by the general public. The extended stakeholder network that adjudicates on social licence also includes ethical investment funds, international human rights activists, international financial institutions and local and national governments. These key stakeholders are demanding stronger engagement and transparency — so much so that social licence will soon be akin to a mining licence, without which mining companies will find it impossible to operate."
 
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