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Cyberstakeholder
Engagement:
Social
Media
&
The
Mining
Industry


                 Zoë
Mullard
    Manager

‐
Communica?ons
&
Conferences
                   InfoMine
Enhancing
Access
to
Informa?on:
Social
  Media
Applica?ons
and
the
Mining
Industry

• Introduc?on
to
Social
Media
• Case
studies:
   – Recruitment/Employment
   – Investor
Rela?ons
   – Community
Mobiliza?on
• Conclusions
Introduc?on
to
Social
Media




         Source:
hGp://www.mwsolu?ons.ca
Network
Economy/Informa?on
Society


 



The
network
economy
is
founded
on
technology,
   but
it
can
only
be
built
on
rela?onships.
It
starts
   with
chips
and
ends
with
trust.

                              Kevin
Kelly
‐
Wired
Magazine
Social
Media
&
The
Mining
Industry

                                      •
Conserva?ve;
risk
averse
                                      •
Regulated
public
par?cipa?on
processes
     Mining
Industry                  •
Nega?ve
legacy




•
Free
informa?on
&
collabora?on
                                                       Social
•
Foster
networks
•
Open
plaRorms
(opinions
accepted)                Media/Web
2.0
Use
of
Social
Media
(2009‐
2010)

            Web 2.0 Tools Currently Being Used
                  Other
                   9%
                                       Blogs
   LinkedIn                            24%
     11%


   Flickr
    6%
                                               Wikis
 YouTube                                       6%
   7%



                                      Facebook
            Twitter
                                        20%
             17%
Growth
of
Social
Media
Case
Study
1
            Recruitment
using
Facebook
• Uses:
   • Listen
to
concerns
and
ques?ons
   • Promote
ac?ve
hiring
campaigns
and
current
posi?ons
   • Answer
ques?ons
from
poten?al
future
employees
   • Engage
current
employees
to
promote
company
   • Show
video
and
images
of
work
sites,
jobs
and
employees
   • Promote
presence
at
events
and
career
fairs
   • Allow
sharing
of
informa?on
(viral
effect)
Recruitment
using
Facebook
Recruitment
using
Facebook
Case
Study
2
          Investor
Rela?ons
using
TwiGer
• Uses:
   • Listen
to
commentary
from
financial
blogs
   • Elicit
ques?ons
prior
to
quarterly
report
calls
   • Share
industry
news
   • Link
to
analyst
reports,
trade
info
and
resources
   • Share
answers
to
general
ques?ons
and
comments
   • Live
videos
or
Twee?ng
from
mee?ngs
and
conferences
     and
share
images
from
mines
and
mee?ngs
   • Promote
brand
Investor
Rela?ons
on
TwiGer
• Q4
Websystems
Report
from
2011
indicated:
  • Increasingly,
professional
investors
follow
one
    another
on
TwiGer
and

StockTwits
  • 3/5
financial
bloggers
use
TwiGer
for
primary
    source
of
news
  • The
natural
resources
leads
for
highest
    percentage
of
adopters
using
TwiGer
to
share
    investor‐related
material
Investor
Rela?ons
on
TwiGer
Investor
Rela?ons
on
TwiGer
Case
Study
3
 Community
Mobiliza?on
using
Social
Media
• Uses:
  • Listen
to
concerns
and
share
ideas
  • Raise
awareness
about
issues
through
opinion,
    documenta?on,
videos
and
images
  • Engage
community
in
debate,
discussion
and
reflec?on
  • Disseminate
news,
images
and
reports
  • Protest
and
voice
opposi?on
  • Organize
events
  • Recruitment
  • Drive
traffic
to
sites
with
pe??ons,
branded
materials,
etc..
Community
Mobiliza?on
on
a
Wiki
Community
Mobiliza?on
on
TwiGer
Community
Mobiliza?on
on
Facebook
Opportuni?es

•   Facilitate
building
and
strengthening
rela?onships
•   Opportunity
to
tell
stories
beyond
mainstream
news
•   Outreach
to
larger
audiences
•   Flexible
plaRorms
•   Access
and
monitor
community
sen?ment


     Credibility         Transparency            Authenticity
Challenges
• New
culture
of
communica?on
• Fear
and
perceived
risks
• Alloca?on
of
human
and
financial
resources
• No
formal
role
for
Web
2.0
in
stakeholder
engagement
  processes
• Difficult
to
measure
the
value
of
interac?ons
• Lack
of
industry
leadership
Conclusions
in
a
“Tweet”
           Web
2.0
is
the
canary
            outside
of
the
mine,
             whose
tweets
alert
               the
industry
to
              possible
dangers,
            and
whose
presence
              helps
feather
the
                    nest.

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