barriers to satisfactory adherence to corporate social responsibly in junior mining companies

10.2478/bjlp-2022-001125

Abstract

Development economists and planners have provided various reasons for regulating
mining activities that are carried out by South African junior mining companies over the past
several decades. The main motivation is the need to promote sustainable development in
local communities in which poverty and unemployment are alleviated without causing harm
to the general environment and vulnerable communities. Efforts have been made to
encourage junior mining companies to embrace guidelines of corporate social responsibility
(CSR) in South African junior mining companies. The survey was carried out in 6 South
African junior mining companies by gathering data from 439 participants who work in the
mines. Additional information was gathered as part of the survey by conducting interviews
with 12 participants who are responsible for administrative and managerial functions in the
mines. The study revealed that 52% of the 439 employees working in the 6 junior mines
followed the basic principles of CSR, and that compliance with CSR principles was dependent
upon three factors. The first such factor was the production of products to local markets by
following CSR principles. The second factor was investing in local communities. The third
factor was the practice of good deeds in which assistance is provided to needy people and
communities by junior mining companies