1. MULTI DIMENSION IMPACT ACCOUNTING File:
MDIA-p3-12-IRON-ORE-mining-and-transport-150707.odp Peter Burgess
(c) All rights reserved MDIA IRON ORE MINING AND TRANSPORT
2. MULTI DIMENSION IMPACT ACCOUNTING WORK-IN-PROGRESS. SLIDESET
STILL IN DEVELOPMENT. UPDATES WILL BE POSTED OVER THE NEXT SEVERAL
WEEKS
3. IRON ORE essential to a modern industrialized economy MULTI
DIMENSION IMPACT ACCOUNTING
4. ... and a big industry extracting about 3.2 billion tons of
IRON ORE a year (2014) MULTI DIMENSION IMPACT ACCOUNTING
5. MULTI DIMENSION IMPACT ACCOUNTING Production of Iron Ore by
Country
6. MULTI DIMENSION IMPACT ACCOUNTING Production of Iron Ore by
Country
7. MULTI DIMENSION IMPACT ACCOUNTING Production of Pig Iron by
Country
8. MULTI DIMENSION IMPACT ACCOUNTING Production of Steel by
Country
9. but MINING is an industry that needs to face up to many very
big ISSUES that are critical in the modern world where PROFIT alone
is an inadequate measure of performance. MULTI DIMENSION IMPACT
ACCOUNTING
10. ISSUES Mining has a big IMPACT on the PLACE where the mines
are located, including: Displacement of PEOPLE Degradation of the
LAND Pollution of the WATER Degradation of the INFRASTRUCTURE MULTI
DIMENSION IMPACT ACCOUNTING
11. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Gold Mining in Peru
12. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Gold Mining in Papua, New Guinea
13. ABANDONNED MINES Eventually a resource is depleted and the
mine is abandoned it can no longer make profit for the owner. But
the mine still continues to exist and in most cases will continue
to be a source of pollution. The cost of remediation typically
falls to society at large rather than the former owners which is
unreasonable. MULTI DIMENSION IMPACT ACCOUNTING
14. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Abandoned Mine Water Problems West Virginia USA
15. TOXIC WATER The operation of a mine usually results in
large amounts of toxic effluent. Water treatment is expensive and
many mining companies avoid doing it especially smaller operators
in remote areas. Accountability at every mining location is
required and part of this will have to come from individual
independent observers using social media and feeding a global
database of business behavior. MULTI DIMENSION IMPACT
ACCOUNTING
16. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Copper Mine Water Problems Shanghand, China
17. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Heavy metal water pollution Peru Mercury Pollution
18. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Artisanal Mining for Gold in Africa
19. AMAZING MACHINERY Very big and powerful machinery is used
for modern mining. A huge amount of earth can be moved with this
machinery. It is capital and energy intensive. MULTI DIMENSION
IMPACT ACCOUNTING
20. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Heavy Duty Trucks Used to Move Iron Ore
21. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun EOPHeavy equipment moving ore
22. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Heavy Machinery to Move Iron Ore
23. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun EOPComplex and powerful mining equipment
24. OVERLAND TRANSPORT Moving ore from mine to where it is to
be used usually starts with overland transport Trucks Trains
Conveyor belts MULTI DIMENSION IMPACT ACCOUNTING
25. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Iron ore train in Australia
26. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Iron ore train in Australia
27. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Road train for iron ore in Australia
28. OCEAN TRANSPORT Moving ore from one country to another is
done by ships that are growing in size all the time taking
advantage of economies of scale as the ships get bigger. MULTI
DIMENSION IMPACT ACCOUNTING
29. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP EOP Sun Financial
Capital Human Capital Man Built Capital Natural Capital Sun SunSun
Financial Capital Human Capital Man Built Capital Natural Capital
Sun Loading Iron Ore in Cape Lambert, Australia
30. INTERIM OBSERVATIONS Iron ore is a very important product,
critical to the modern economy and a high standard of living But
the use of steel should take into consideration all life time
impacts and this means giving weight to eventual recycling. In
addition impact efficiency needs to be practiced at all steps in
the supply chain. MULTI DIMENSION IMPACT ACCOUNTING
31. Follow up: Request for Feedback Getting these ideas fleshed
out into a clear, simple but comprehensive structure is a big job
and remains a work-in- progress. Many organizations are making
progress with this, but there is no broad universal framework yet
that will enable all the pieces to come together and work
efficiently. I would like to get feedback from anyone and everyone
to help move this initiative forward. While I have some clear
concepts about much of this architecture, there are many details
that I do not know enough about and need help. So, please feel free
to contact me ([email protected]). Please put something relevant
and catchy in the subject line. MULTI DIMENSION IMPACT
ACCOUNTING
32. Some links and contact information: Peter Burgess
[email protected] Peter Burgess LinkedIn profile
https://www.linkedin.com/in/peterburgess1 Link to
TrueValueMetrics.org website http://www.truevaluemetrics.org/ Link
to navigation for MDIA slidesets
http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0200-Burgess-p3-Slidesets
MULTI DIMENSION IMPACT ACCOUNTING