Consolidated Mining Standard Initiative (CMSI)
Mining plays a critical role in modern society, providing the essential materials needed for infrastructure, technology, and the energy transition.
Increasingly, society expects those mining, recycling or converting metals into products to follow responsible standards backed by independent assurance and transparent disclosure. Equally, responsible companies want to produce and recycle the metals and minerals that the world wants and needs, in a way that respects human rights, supports local development, and improves environmental performance.
Our Objective
The Consolidated Mining Standards Initiative (CMSI) addresses society’s growing demand for responsible mining by bringing together the best aspects of four well-established voluntary mining standards – The Copper Mark’s Risk Readiness Assessment (RRA), Mining Association of Canada’s Towards Sustainable Mining (TSM), World Gold Council’s Responsible Gold Mining Principles and ICMM’s Mining Principles – into one global standard. This will reduce complexity and clarify responsible mining and metals practices for companies of all sizes, across all locations and commodities.
The Consolidated Standard brings together the best aspects of the four individual standards while eliminating duplication, filling gaps and making improvements where appropriate. It comprises 24 Performance Areas that cover a wide range of topics related to responsible mining under the four pillars of:
- Ethical Business Practices.
- Worker and Social Safeguards.
- Social Performance.
- Environmental Stewardship.
Each of the performance areas has requirements grouped into three distinct levels:
- Towards Good Practice: A starting position of conformance with minimum industry standards on which a facility can build on to improve performance. It is an ‘entry point’ for companies who are committed to transparency and responsible mining practices and will need additional time or resources to reach Good Practice.
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Good Practice: A level of practice in line with industry standards and international norms, frameworks and guidelines. Good Practice Level reflects performance that all mining companies should eventually achieve.
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Leading Practice: A level of performance which goes above and beyond responsible industry good practice and demonstrates leadership or best practice. As such, it is expected that only a minority of implementing companies would reach this level.
Once finalised, the Standard is expected to be adopted by members of ICMM, World Gold Council, Mining Association of Canada, and participants of The Copper Mark. This broad adoption would make it the most widely implemented voluntary mining standard, covering nearly 100 mining companies and approximately 600 facilities across 60 countries.
The urgency for consolidation
A tonne of metal may look the same regardless of its source, but how it is produced, processed, and recycled has far-reaching implications for society and the planet. Since we can't differentiate between responsibly and irresponsibly produced metals through everyday products, we’ve relied on governments to establish minimum standards. However, governments alone cannot tackle the entire challenge. Society now expects metal producers, recyclers, and converters
Over the past two decades, numerous standards have emerged, with hundreds of producers and users adopting them, resulting in more responsibly produced materials entering the economy. Yet, with around 25,000 mining companies globally and many more in the mineral and metals value chains, many still do not follow any standards. The complexity of overlapping standards is a significant barrier, particularly for smaller producers who are unsure which standards to adopt or how to implement them. Simplifying and harmonising standards, while raising their requirements, is critical.
The Consolidated Standard will be transformative for the industry and wider society, including communities, consumers, investors and other stakeholders and rightsholders connected to it – especially given the unprecedented opportunity the energy transition will bring. Aligning ESG expectations through the Standard is an important part of making sure that responsible practices are being adopted across the industry.
Governance Model
The CMSI Governance Model comprises a 17-person Board of Directors, led by an Independent Chair, who will oversee further development, promotion and maintenance of the Consolidated Standard.
The Board will implement the related assurance process, grievance mechanism and claims policy and provide a platform for public disclosure of information such as outcomes of assurance.
The Governance Model reflects multistakeholder participation, with equal representation of companies and stakeholders and rights holders across the mining industry and wider value chain. Dedicated committee structures will be established within which mining and value chain, as well as commercial and non-commercial, interests can be advanced. This model will emphasise consensus-based decision-making.
The Governance Model will be adopted by The Copper Mark as it evolves to become the Secretariat for the Standard. The Copper Mark’s own Governance Model, including its current independent Board and Advisory Council, will evolve to the 17-member Board of Directors.
Our Approach
CMSI represents a new kind of industry leadership - one that prioritises collaboration, consensus, and shared power. Development has been guided by two Advisory Groups, working with the Partners:
- Industry Advisory Group (IAG): Comprising mining sector representatives.
- Stakeholder Advisory Group (SAG): Bringing together diverse voices from NGOs, investors, Indigenous Peoples, customers and multilateral organisations, amongst others.
Both the SAG and IAG have been engaged throughout the process, virtually and in-person. While these two groups are structurally separate, functionally they are integrated and meet together.
Our Partners
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The Copper Mark
The Copper Mark is the leading assurance framework to promote responsible practices across the copper, molybdenum, nickel and zinc value chains. We work with companies and organisations throughout these metals’ value chains to enable them to better understand and meet the increasing demands for independently verified responsible practices, and to contribute positively to sustainable development.
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Mining Association of Canada
Mining Association of Canada is the national organisation for the Canadian mining industry. Its members account for most of Canada’s production of base and precious metals, uranium, diamonds, metallurgical coal, mined oil sands and industrial minerals and are actively engaged in mineral exploration, mining, smelting, refining and semi-fabrication.
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World Gold Council
World Gold Council is a membership organisation that champions the role gold plays as a strategic asset, shaping the future of a responsible and accessible gold supply chain. Their team of experts builds understanding of the use case and possibilities of gold through research, analysis, commentary, and insights. They drive industry progress, shaping policy and setting the standards for a perpetual and sustainable gold market.