RepRisk® is a registered trademark RepRisk AG, February 20121 of 13
MOST CONTROVERSIAL MINING COMPANIES OF 2011
The extracon industry is tradionally one of the most cricized by various stakeholders for its negaveimpacts on communies and the environment. This RepRisk special report focuses on mining companiesand their projects in 2011.
In order of ranking, the 10 Most Controversial Mining Companies of 2011 were:
1. Alpha Natural Resources2. Newmont Mining Corp3. Glencore Internaonal4. BHP Billiton5. Freeport-McMoRan Copper & Gold6. Rio Tinto7. Compania de Minas Buenaventura7. Barrick Gold (equal ranking)9. Anglo American9 Vedanta Resources (equal ranking)These mining giants and their global operaons have come under re for allegedly pollung potablewater supplies, scarring landscapes and damaging sensive ecosystems. There were also numerous al-legaons detected by RepRisk related to impacts on local communies and eects on the tradional wayof life of indigenous peoples. Furthermore, these companies were accused of having poor occupaonal
health and safety standards, which resulted in toxic emissions and accidents that have caused injuries,
fatalies or serious illness.The negave stakeholder senment captured throughout 2011 by RepRisk indicates that it may be in acompany’s best interests to heed the warning signals and proacvely address the environmental, socialand governance issues raised by various acvist groups, employees, governments, shareholders, andcommunies. For some companies, such as Vedanta and Rio Tinto, mining operaons were so heavilycricized that acvists disrupted their Annual General Meengs, calling on the companies to put a stopto alleged human rights abuses near their work sites and improve their stance on the environment. ForNewmont and Minas Buenaventura, the outcry surrounding their Conga Mine led to the suspension of the project in late November.BHP Billiton aracted a great deal of NGO cricism for its allegedly widespread environmental destruc-on and human rights abuses. Following Glencore’s Inial Public Oering in 2011, public and media in-terest in the company’s acvies increased and it was heavily cricized for operaons in Africa and SouthAmerica. Alpha Natural Resources’ purchase of Massey Energy saw its RepRisk Index soar, making it themost controversial miner of the year.Freeport-McMoRan Copper & Gold faced allegaons of human rights abuses, parcularly in Papua NewGuinea where its subsidiary was accused of perpetuang the abuse of workers by paying police to guardits Grasberg Mine. It was further accused of contaminang water bodies with heavy metals from minetailings. Barrick Gold had to contend with mulple claims of sexual abuse by security sta, and AngloAmerican faced ongoing lawsuits by former mineworkers in South Africa, who aributed their illnessesto having worked for the company.