4: Company perceptions of FPIC This project focuses on FPIC and corporations by considering the policy and practice of four London-listed (FTSE 100) companies: BHP Billiton, Rio Tinto, Anglo American and Xstrata. They are among the world’s seven largest (by market capitalization) mining companies,140 and each has either a significant or growing number of projects directly affecting indigenous peoples. As industry leaders, their policies and practices are influential outside of their own portfolios. The four are also all members of the ICMM. Business units, subsidiaries and companies belonging to these four majors which are included in the scope of the project include De Beers Canada, which is 80% owned by Anglo American; Groote Eylandt Mining Company Pty Ltd (GEMCO), which is 60% owned by BHP Billiton plc, and under its management control, and 40% owned by Anglo American;141 and Energy Resources Australia (ERA), which is 68.4 per cent owned by Rio Tinto. In addition to these four major mining companies and their three subsidiaries, a Canadian junior mining company, Inmet, which is attempting to establish a copper mine in the lands occupied by the Ngobe people in Panama, was included in the research, on the grounds that it was cited in company interviews and ICMM documentation as a possible example of good practice in relation to consent seeking in the context of relocation. Interview Scope Interviews were held with the above mentioned companies with the objective of clarifying concerns and perspectives in relation to the principle of FPIC and its operationalization. The issues raised in the interviews can be divided into two broad categories. The first relates to FPIC in corporate policy and the drivers for its future inclusion. The second relates to the operationalization of FPIC in practice and addresses corporate perspectives on definitional ambiguities as well as challenges to and potential mechanisms towards its operationalization. The interviews sought to focus on tangible examples where these challenges were encountered as well as practices which the companies regarded as facilitative of FPIC operationalization. Ngöbé community at the headwaters of the Caimito River, Donoso Province, Panama. 40 Making Free, Prior and Informed Consent a Reality

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