Wayne Dunn's presentation to the FOCAL Round Table Seminar on the United Nations' Millennium Development Goals. www.waynedunn.com

1. Investing in the MDGs
Potential for public/private/civil society collaboration
Placer Dome Inc
a case study
Presented by: Wayne Dunn, Placer Dome Consultant
Direct Private Sector Investments in Meeting
the Millennium Development Goals
Focal/IDRC Roundtable
13-Sep-05
Ottawa, Canada

2. Outline
 Extractive Sector and the MDGS
 Case Study
 Moving Forward – the need to collaborate

3. Placer Dome
 Global mining leader
– 16 mining operations, 7 countries / over 13,000 employees worldwide
 2 operating mines in LAC region (Zaldivar and La Copia/Chile) - ~25%
of global corporate revenue
 2 advanced exploration projects in LAC region (Cerro Casale/Chile
and Pueblo Viejo/Dominican Republic)
 Recognized leader in social investment/sustainability
– First major mining company to adopt a Sustainability Policy
– Recent Awards & Recognition
 Zaldivar - PROhumana RSEtica presented its Sustainability Award for Corporate
Social Responsibility.
 South Africa Operations –
– Nexen Award for Corporate Social and Ethical Responsibility
– World Bank Development Innovation Award
– Two time finalist in World Bank Development Marketplace competition
 Care project made into Stanford Business School Case Study

4. Extractive Sector & MDGs
 Emergence of Social License issues
changed value creation/value flow and
created an area of common interest with the
ODA/Development community
 MDGs roughly map much of this shared
interest area

5. MDGs and Social License
Millennium Development Goals Social License
1) Eradicate extreme poverty and hunger a
2) Achieve universal primary education a
3) Promote gender equality and empower women a
4) Reduce child mortality a
5) Improve maternal health a
6) Combat HIV/AIDS, malaria and other diseases a
7) Ensure environmental sustainability a
8) Develop a global partnership for development a

6. Case Study - PDSA
 Care Project
 HIV/AIDS
– Minesite
– Local Communities
– Rural Communities
– Home Based Care
– Mining Outreach Partnership (missed opportunity)
 School Feeding Project
 Environmental Programs

7. PDSA & the MDGs
Millennium Development Goals PDSA
1)Eradicate extreme poverty and hunger Direct
2)Achieve universal primary education Direct
3)Promote gender equality and empower women Direct
4)Reduce child mortality Indirect
5)Improve maternal health Indirect
6)Combat HIV/AIDS, malaria and other diseases Direct
7)Ensure environmental sustainability Direct
8)Develop a global partnership for development Direct

8. Moving Forward
 Extractive industries, ODA community, Development interests
share common social investment objectives (MDGs)
 Little history of collaboration – more history of confrontation
– Stovepipe pursuit of common interests – minimal collaboration
 Extractive sector as an Oasis of Capacity
 Tremendous opportunity for synergy and enhanced investment
effectiveness (ROI)
 Need to consciously focus on developing collaboration
mechanisms to bring together the international private sector
and ODA/Development community around MDG types of
activities

9. Summary
 Extractive Sector and the MDGS
 Case Study
 Moving Forward – the need to collaborate

10. Conclusion
 Systematic collaboration between the
Extractive Sector, ODA Agencies and the
development community will enhance
progress on the MDGs

11. Questions & Discussion