Mowbrai Community Relations Survey Of LSE Quoted Mining Companies Operating In Africa

Mowbrai today publishes its survey of community relations activity in Africa conducted by mining companies listed on the London Stock Exchange Main and AIM markets.

The survey encompasses the documents made publicly available by these companies, and contains links and information on every company surveyed.

Commenting today, Laurence Read, Mowbrai CEO, said: “At Mowbrai we believe it is increasingly important for resources companies to demonstrate they are willing partners with the countries in which they work, and genuine sharers of benefits. Sustainability has been a present concept in the resources industry for some time, but an important sea change has come with investors’ increasing demands to have it clearly demonstrated.

“Relevant, consistent community programmes, sitting alongside best practice environmental procedures, bring enormous benefit for natural resources companies. A clean bill of health with regard to good citizenship is a precious asset that adds real value: it’s a sign that management understands the importance of managing sovereign risk to the wider investment community, debt provider or offtake partner.”