Companies can catalyse change through their anti-corruption and business integrity policies, procedures and practices.
To do so they must implement robust procedures at the earliest stage – when they are seeking to secure a mining-related licence and permit or to invest in or acquire an existing project.
Members of the mining industry such as mining companies, industry associations, investors and professional advisors like lawyers and impact assessors have a key role to play when it comes to reducing corruption risks in mining sector licensing.
If industry is less willing to engage in corrupt behaviour, tolerate it from their peers, contractors and suppliers or even government, then this reduces the likelihood that vulnerabilities in the system will be abused. High industry standards can also have a positive, demand-side effect that encourages government reform for enhanced anti-corruption, transparency and accountability in the licensing process.