National Mining Policy

Country / jurisdiction: Chile · Year: 2022 · Status: In force · Level: National · Type: Voluntary

In January of 2022, the Government launched the National Mining Policy 2050. This is a roadmap for the industry and the government. This policy is a product of two years of work in which representatives from private companies, academia, NGOs and civil organisations participated.

The roadmap seeks to develop a safe, diverse and inclusive industry, and to build a mining sector that improves workers' quality of life, integrates harmoniously in the territories where it operates and adds value to the country.

The policy’s goals are organised by sustainable objectives:

Economic : Be a global leader in responsible, sustainable, competitive and innovative production with world-class standards.

Be a global leader in the sustainable production of minerals, promoting a low-carbon economy and protecting people and the environment.

Generate an industry at the forefront of innovation and development.

Increase sustainable productivity and competitiveness of the mining industry.

Social : Improve the quality of life of workers, develop harmoniously in the operating territories and add value to the communities and the country.

Have quality and inclusive jobs with high safety standards.

Develop projects in collaboration with local communities and indigenous people.

Protect heritage in operating territories.

Environmental : Stand at the forefront of managing resources and the environment, addressing its impacts, and generating net gain in biodiversity.

Lead the circular economy model through the reuse of waste and efficient use of resources.

Lead the adaptation and mitigation of climate change, achieving carbon neutrality in the sector by 2040.

Minimise environmental effects by harmonising the development of mining activity with the environment.

Institutional: The government creates the conditions for sustainable development of the industry through stable institutions, creating a conducive environment and providing guarantees for attracting investment.

Have a modern, transparent institutional framework with efficient management, ensuring the development of the industry for the benefit of the country.

Have a legal framework for the mining sector for long-term sustainable development.

Promote the valorisation of mining by society.

Strengthen the promotional framework aimed at the sustainability of small‐ and medium‐scale mining, taking advantage of all wealth in the country.

Strengthen Codelco and Enami as state-owned companies and international benchmarks.

Furthermore, this roadmap has specific goals regarding improving gender equality:

Specific Goal 20: Achieve female participation in the industry to account for at least 20% by 2030 and 35% by 2050, and begin to measure participation in medium and small mining.

Specific Goal 21: Achieve female participation in managerial positions to account for at least 25% by 2030 and 40% by 2050, and start to measure participation in medium and small mining.

Specific Goal 22: 100% of the medium and large companies in the sector will have policies of diversity and inclusion, reconciliation of work, family and personal life.

Official source: https://www.politicanacionalminera.cl/wp-content/uploads/2022/03/MINING_2050_NATIONAL_MINING_POLICY.pdf