Mining Shared Value
Mining Shared Value is a non-profit initiative of Engineers Without Borders Canada that develops the Mining Local Procurement Reporting Mechanism (LPRM) and related guidance frameworks, adopted by 12+ mining companies and embedded in standards such as GRI 14, IRMA, ICMM, and EITI.
- Company typePrivate
- Founded2012
- HeadquartersToronto, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Mining Shared Value does
Mining Shared Value (MSV) is a non-profit initiative of Engineers Without Borders Canada, founded in 2012 by Jeff Geipel and headquartered in Toronto, Ontario. The organization develops frameworks and guidance to help the global mining industry measure, report, and increase local procurement of goods and services, with the stated goal of strengthening the social license to operate and improving economic benefits for host communities and countries. Its core deliverable is the Mining Local Procurement Reporting Mechanism (LPRM), a standardized set of disclosures launched in July 2017 and commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) through GIZ. The LPRM has been adopted by 12+ mining companies — including Ivanhoe Mines (first adopter, 2019), Endeavour Mining, Freeport-McMoRan, Lundin Gold, New Gold, Orla Mining, and Torex Gold — and is referenced across multiple authoritative standards including GRI 14: Mining Sector 2024, IRMA, ICMM, EITI, IGF, IPIECA, and the CIM ESG Guidelines.
MSV operates with a lean team of three staff (plus an Advisory Council) and is funded entirely through development cooperation partners, government agencies, and industry partnerships — principally GIZ/BMZ, Natural Resources Canada, the World Gold Council, the African Development Bank, and SAIIA. The organization does not sell products or services commercially; its LPRM documents, the 2024 Guidance for Disclosure on Human Rights Due Diligence in Mining Sector Procurement, the Energy Local Content Map (covering 30+ countries, re-launched June 2024 with Ipieca sponsorship), and country-specific studies are distributed free of charge through miningsharedvalue.org and via partnerships with standards bodies. Its go-to-market is community-led, relying on industry conferences (PDAC, Mining Indaba, IGF Annual General Meetings), research publications, media coverage in mining trade press, and integration into third-party standards to drive adoption among mining companies, host-country governments, civil society, and international development partners.
The underlying technology is a disclosure framework rather than software: standardized templates, guidance documents, and a web-based reference map (the Energy Local Content Map). MSV has no app, no public API, no disclosed AI/ML capabilities, and no patents or trademarks. The defensibility of the LPRM comes not from proprietary code but from first-mover status as the only standardized local procurement reporting mechanism in mining, broad adoption among issuers, and embedding into global standards frameworks.
Mining Shared Value firmographics
Firmographics- Name
- Mining Shared Value
- Legal name
- Mining Shared Value (an initiative of Engineers Without Borders Canada)
- Website
- https://miningsharedvalue.org
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mining Shared Value is a non-profit initiative of Engineers Without Borders Canada that develops the Mining Local Procurement Reporting Mechanism (LPRM) and related guidance frameworks, adopted by 12+ mining companies and embedded in standards such as GRI 14, IRMA, ICMM, and EITI.
- Ownership category
- akta.pro rank
Mining Shared Value industry classification
Industry- Product category
- Mining ESG Reporting and Local Procurement Advisory
- NAICS
- Support Activities for Mining (213), Support Activities for Mining (2131)
- SIC
- Miscellaneous Publishing (2741)
- akta.pro primary industry
- Environmental, Permitting & Closure Services (EIA, Compliance Monitoring, Reclamation Execution) (IMAKAKAJ)
Keywords
Where Mining Shared Value is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Mining Shared Value business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Foundation Funding: Mining Shared Value operates as an initiative of Engineers Without Borders Canada, a Canadian non-profit organization. Funding is derived from development cooperation partners including German Federal Ministry for Economic Cooperation and Development (BMZ) through GIZ, and other institutional funders.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Mining Shared Value product offering
Product offeringCore offering
Mining Shared Value develops and disseminates the Mining Local Procurement Reporting Mechanism (LPRM), a standardized set of disclosures that helps mine sites measure and report on local procurement of goods and services. The organization also publishes guidance documents on human rights due diligence in mining procurement and maintains a global Energy Local Content Map. All products are delivered as downloadable frameworks, guidance documents, and data tools rather than software platforms, and are made available free of charge.
Product overview
Mining Shared Value operates as a single unified initiative under Engineers Without Borders Canada, offering the Mining Local Procurement Reporting Mechanism (LPRM) as its core product—a standardized framework for mining companies to disclose local procurement data. This core is complemented by the Guidance for Disclosure on Human Rights Due Diligence in Mining Sector Procurement, which extends the LPRM to cover human rights due diligence reporting. The organization also manages the Energy Local Content Map, a reference tool for local content legislation across 30+ countries. All offerings function as downloadable frameworks, guidance documents, and data tools rather than software platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- Mining Local Procurement Reporting Mechanism (LPRM) A standardized set of disclosures that helps mine sites report on local procurement of goods and services. It improves internal management within mining companies, empowers suppliers and host-country governments with practical information, and increases transparency to deter corruption. Adopted by 12+ mining companies and referenced in major global standards including GRI 14, EITI, ICMM, IRMA, and IGF.
- Guidance for Disclosure on Human Rights Due Diligence in Mining Sector Procurement Guidance document that helps mining companies report on human rights due diligence during procurement of goods and services, complementing the Mining LPRM framework and extending it into human rights disclosure.
- Energy Local Content Map A web-based reference tool providing access to local content legislation, news and studies for over 30 countries around the world, including mining and other extractive and energy sectors.
Quantifiable outcome
- 12+ mining companies have adopted the LPRM framework
- +2 more outcomes
Companies that use Mining Shared Value
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles3 records
Mining Shared Value technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Mining Shared Value partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core, major and minor.
- World Gold CouncilcorePartnership to assess and rate local procurement practices among World Gold Council member companies. Study launched December 2025 to examine best practices in gold mining sector local procurement.
- Engineers Without Borders CanadacoreMining Shared Value is an initiative of Engineers Without Borders Canada, a Canadian non-profit organization. EWB Canada provides institutional support, infrastructure, and organizational backing for the MSV program.
- Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)coreCommissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) through GIZ's Extractives for Development Project. GIZ supports LPRM development, implementation guidance, and global dissemination.
- Publish What You Pay (PWYP)coreCo-developed civil society guide to the Mining LPRM. PWYP promotes use of the framework among its global network of civil society members.
- Canadian International Resources and Development Institute (CIRDI)majorDeveloped multiple guidance documents including guides for governments, consultants, and civil society organizations on implementing the Mining LPRM.
- Natural Resources CanadamajorFunded the 2022 study on Local Procurement by the Canadian Mining Industry examining publicly available information on local procurement practices by Canada's 40 largest mining companies.
- GRI (Global Reporting Initiative)coreLPRM integrated into GRI 14: Mining Sector 2024 standard as the recommended framework for reporting on local procurement.
- Extractive Industries Transparency Initiative (EITI)coreLPRM referenced in EITI Gender-Responsive Implementation Guidance and supported as a tool for company reporting on local content. Multiple EITI country implementation guides reference the framework.
- International Council on Mining and Metals (ICMM)coreLPRM referenced in ICMM's Social and Economic Reporting Framework and Guidance as a tool for consistent local procurement reporting.
- Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF)coreLPRM referenced in IGF Mining Policy Framework Guidance Document as a recommended reporting mechanism for local procurement.
- Initiative for Responsible Mining Assurance (IRMA)majorLPRM integrated into IRMA Standard for Responsible Mining Guidance Document as the framework for local procurement reporting.
- International Petroleum Industry Environmental Conservation Association (IPIECA)majorLPRM referenced in IPIECA's good practices in supply chain management literature review for wind and solar energy technologies.
- African Development Bank - Africa Natural Resources CentremajorCommissioned MSV to produce the 2021 study on Supplier Development Programs in the Extractive Sector in Africa.
- South African Resource Watch (SARW)majorCommissioned the 2021 Overview of Local Content in the Mining Sector in Southern Africa study.
- South African Institute of International Affairs (SAIIA)majorCommissioned two policy briefs: Local Procurement Regulations for Extractive Industries in the SADC Region (2020) and State of Measurement & Reporting for Local Procurement in Mining in Africa (2020).
- IpiecaminorSponsored the re-launch of the Energy Local Content Map in June 2024, with MSV conducting webinars on the map's features and local content trends.
- SRK ConsultingmajorCollaborated with MSV to foster local procurement. Co-authored multiple articles in Engineering News & Mining Weekly on local procurement topics.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Mining Shared Value competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Mining Shared Value social profiles
Digital presenceMining Shared Value financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mining Shared Value leadership team
Management profileNumber of profiles
Profiles3 records
Mining Shared Value funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mining Shared Value M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mining Shared Value
What does Mining Shared Value do?
Mining Shared Value develops and disseminates the Mining Local Procurement Reporting Mechanism (LPRM), a standardized set of disclosures that helps mine sites measure and report on local procurement of goods and services. The organization also publishes guidance documents on human rights due diligence in mining procurement and maintains a global Energy Local Content Map. All products are delivered as downloadable frameworks, guidance documents, and data tools rather than software platforms, and are made available free of charge.
Is Mining Shared Value a public or private company?
Mining Shared Value is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Mining Shared Value founded?
Mining Shared Value was founded in 2012. It employs 1 to 10 people.
Where is Mining Shared Value based?
Mining Shared Value is headquartered in Toronto, Canada, in the North America region.
How does Mining Shared Value make money?
One revenue line is on record: foundation Funding.
Does Mining Shared Value have an API?
No public API is recorded for Mining Shared Value.
What industry is Mining Shared Value in?
Mining Shared Value's product category is Mining ESG Reporting and Local Procurement Advisory. Its primary akta.pro industry code is IMAKAKAJ, Environmental, Permitting & Closure Services (EIA, Compliance Monitoring, Reclamation Execution). Its NAICS code is 213 and its SIC code is 2741.