Newmont Mining Case

This essay is a critical analysis of the behaviors that Company Q has demonstrated with regard to social responsibility. In essence, Company Q’s behaviors, while reasonable reactions to maintain financial viability and avoid contribution to employee malfeasance, actually demonstrate a profound solicitude that results in a negative public image that will end up costing it more in the long term. I will offer solutions that will provide a cost savings while keeping Company Q from making further embarrassing errors.

Mining; the life blood of the Upper Peninsula of Michigan, which became renowned for its massive supplies of iron, nickel, and copper ores. The sanctity of the residents living in Northern Michigan were dependent on the flow of natural resources coming from the mines, where many flocked to the growing cities to find work. Despite the wealth the region found in mining, it vanished once the prices of these metals dropped, where most mines were abandoned. Mining has once again taken root in the Upper Peninsula, with promises of jobs and greater economic and environmental security. The impacts of such promises once caused the region to flourish, yet left a scar the people and environment

On March 25, 1947, the mining world in the city of Centralia, Illinois was forever changed. This was the day 111 miners lost their lives, in Centralia No. 5, due to the neglect and disregard of the safety issues that were presented to those, for five (5) years, that were supposed to protect them. The blame lies at the feet of many. A few of them

Mining has historically been one of the most important industries in West Virginia. It’s so important to us. Miners are strong, tough, hardworking people who work or has worked in dangerous conditions. It’s difficult to imagine the miners didn’t see the possibility of an explosion every day they went to work in the mines. Perhaps they did and they still went, aware of the possibility but going anyway because their families needed to eat.

4. Corporations have a duty to correct adverse social impacts they cause. GE failed the basic elements of corporate social responsibility which is to take voluntary actions that go beyond what is compelled by law, regulations, or other mandates. It not only did not cut its pollution outputs to below the legally permitted levels, it missed minimum allowable levels completely, according to the text. Many of the 39 offenses mentioned earlier, most were from pollution hazards. Additionally, GE failed to correct adverse environmental impact caused by its manufacturing plants. According to the text, GE was responsible for polluting the Hudson River with toxins from its manufacturing plant in New York. As oppose to collaborating with governmental agencies utilizing its financial and corporate positioning to correct or at the very least, mitigate the issue; GE instead spent almost a half of billion to win the fight against the cleanup efforts.

Moreover, Canada should know their environmental responsibilities as companies need space for land and lots of water for dumping waste. This increases risks for injuries to occur as employees enter harsh environments. Workers end up exposed to coal dust and silica for long periods which causes serious health problems. In areas of mining companies exists pollution at an increased rate that makes the soil and water enriched with heavy metals and livestock. Globally, businesses corporate social responsibilities that are essential as they consist of four strategies: the shareholder strategy, the alustric strategy, the reciprocal strategy, and the citizen strategy. The shareholder strategy is where the corporate social responsibility is looking for an overall profit and the same to reach threshold. Secondly, the alustric strategy is where the company declares themselves unaccountable for society and allows for responsibility to fall towards the person leading the firm - the manager. Next, the reciprocal strategy has an individual who looks for the flaws in both economic and social perspectives. Lastly, the citizen strategy is where there is a business analysis that includes individuals who have different expectations and interests for continuing the company’s goals. NGOs also pressure companies to fix remedies to help the victims of the violations.

Morris Mining Corporation owns and operates mining facilities that are located in the United States, and Canada. This company primarily distributes extracted ores and minerals to their customers. Recently, in January 2015, Morris Mining acquired the mining company King Co. Once the company has been acquired, Mining Morris plans to record the difference of the purchase price and identifiable net assets as goodwill. The identifiable assets and liabilities of King Co. are going to be recorded at fair value on Morris Mining 's books. There has been discussion as to how the company is going to report the fair value for the patent that is part of the assets they acquired from King Co. Rob, an audit manager on the Morris Mining engagement, and Gabriela, the audit senior, are trying to evaluate if the method of the fair value estimate it reasonable.

The San José Mine was more than 100 years old, and a century of “digging and blasting” had all but worn away its internal structure. The mine was known for “primitive working conditions and perfunctory safety practices", including escape tunnels that were “useless in an emergency because they

Many will think that this would be a positive addition to infrastructure and be nature-friendly with government regulations to prevent over polluting. That same thought would be flawed, because regulations are not always created with wildlife or citizens in mind. Take for example, Newmont Mining, an American based mining corporation. Newmont Mining was accused of high levels of environmental pollution of the Buyat Bay as the result of gold mining in Sulawesi. Five Newmont executives were arrested and charged with pollution; however, only one was tried and found innocent. Although environmentalists continue to claim that the company polluted the bay with high levels of toxic mercury and arsenic; tests have proven the levels are within alleged safety limits. The same company has been accused of similar offenses in Peru. (Katz, 2012, p. 108) This example illustrates the relationship between corporations and regulations set by governments. Although it is undeniable that Newmont Mining was contaminating the Bayut Bay and other various locations, no one can legally be held accountable for the harm done to populations in those areas. Tactics such as foreign exploitation and government bribery or lobbying are often utilized to trample nature and humans

The PolyMet mining project should be immediately halted because it has a sustained life span of two decades, PolyMet is backed by a questionable company, and any contamination to the environment by the project will put the town and its people at a significant risk. Though it will create jobs the town’s people should not bank their success on this

We will look at the Enron Corporation and discuss its application of Corporate Social Responsibility (CSR) or in actuality its irresponsible behavior as related to social responsibility. We will revisit what CSR is and discuss Enron’s philosophy regarding its use and function within the corporation. We will discuss the consequences of Enron’s irresponsible behavior and the far reaching effects it had on society.

Great environmental, ecological and physical damage was caused due to the magnitude involved in the release of the content of the trailings pond. However, considering the world wide demand for Copper and the mine’s willingness to rectify the error the decision was made to re-open the mine. Should this particular mine, not have been allowed to re-open another mine elsewhere would have been developed to supply the demand for Copper. Should the Mount Polley mine, not have reopened the mine would not have needed to carry the responsibility to rehabilitate the damage done to the ecological system by the said disaster. Thus the re-opening of the Mount Polley mine is justified.

A coalmines in West Virginia, had gas that was buildup. The director of safety reported the issue to the mine manager. The owner of the mines had orders for the director of safety to keep the information to himself about the dangerous gas. The mine owner came to a conclusion the gas buildup was only slightly threatening. He decided he had to take the chance with the gas buildup, because he couldn’t take the chance to close the coalmines also he had to fulfil coal orders. An gas explosion occurred on May 2nd collapsing a section of the tunnel. Several miners managed to escape, three miners were killed, and eight were trapped.

There are several crises that happened in Egypt that caused business damage, both socially and environmentally. Among the social violation that took place in Egypt is GAP’s child labor scandal. It was disclosed that GAP clothing was being produced by eight years old children under unspeakable conditions close to slavery. These children were sold by their parents to recruiters and sent to workshops where they were forced to work without pay from morning until after midnight. Moving to the environmental violation that had occurred is The Bhopal gas tragedy. On December, 1984 a poisonous cloud was carried from Bhopal which resulted to the death of around 10,000 people. All organizations should be aware and avoid these problems and that is through engaging in CSR or sustainability or both. There is a difference between CSR and sustainability. CSR is related to the external environment and doing well to the society as a whole whereas sustainability on the other hand is related to the internal resources and consumption them in a good way that will preserve resources for the future generation

‘Corporate social responsibility’ (CSR) means that the firm has wider responsibilities in relation to objectives and people apart from the owners or shareholders (Beal and Goyen 2005). These responsibilities are achieved when the firm adapts all of its practices to ensure that it operates in ways that meet, or exceed, the ethical, legal, commercial and public expectations that society has of business. Objectives often associated with CSR include a responsibility to manage natural assets sustainably and not to pollute by chemical discharge, smell, noise, dust or other irritants; fair treatment of employees and ethical attitude towards clients. The other people include employees, customers, suppliers,