In recent years, mining companies have come under increasing international pressure to be socially responsible towards their neighboring communities, especially in less developed countries. Mining companies need to obtain a “social license” to operate, thereby creating strategic advantages through work in community development.

To improve its performance in this area, Compañía Minera Antamina S.A. has formed the Ancash Association, an organization devoted to sustainable community development.

The organization promotes regional development to improve the living conditions of the communities and towns near Antamina’s operations. The Ancash Association places the greatest emphasis on programs related to education for work, primary health, and various economic activities that have the potential to develop competitive advantages. They are implemented within the framework of the Strategic Plans for Integral Development for each jurisdiction.

The Ancash Association primarily promotes local initiatives generated through consensus, working groups and other collectively established consultation mechanisms that identify sustainable projects, set priorities, foster cooperation between public, private and grassroots organizations, and co-finance initiatives with support from international technical cooperation organizations.

The Ancash Association is committed to providing continuity and sustainability for the programs it sponsors. For this reason, it seeks the participation of the international community and always acts with the highest standards of efficiency and transparency.

Recently formed, the association will develop independently of Antamina, and in the future it will organize and direct the community development programs currently run by Antamina.