Trust Is the Most Precious of All Commodities – How Can It Be Built Throughout the Entire Mining Value Chain?
Trust is the one commodity that can’t be mined but is critical to the growth of the mining industry. Yet, in many surveys, mining comes bottom when compared to other verticals when it comes to trust. What can we do to address the trust deficit? Issues discussed include: • Understanding is not trust – what is the public’s understanding of the mining industry, and what practical steps can be taken to address misconceptions • Concrete examples of where trust was gained and lost; what were the bottom line/revenue benefits? • Building the ‘triangle of trust’ between governments, miners and investors • Innovation happens at the speed of trust. The need for trust between competitors and the importance of co-creation • Communicating better with shareholders. Building a better narrative • Why are some sectors, banking, for example, given a free pass when it comes to trust, but mining isn’t? @respurcingtomorrow2023