Assessing business conduct in the mining industry using three ethical principles from the Codex of Global Business StandardsIntroductionThe main goal of any industry today is to pay attention to the multiple opportunities for improvement that exist. The mining industry's links with its primary resources multiply with its functions while in other industries there are layers of processes between the primary resources and the final product (McKay, 2009). As currently described by Carroll & Buchholtz (2014), the ethics linked to sustainable extraction have been established around 2 key concepts of corporate social responsibility (CSR) and transparency. Transparency initiatives focus on revealing revenue transactions between the public and private sectors in extractive industry projects. On the other hand, corporate responsibility focuses on strengthening the association between communities and businesses (Carroll & Buchholtz, 2014). The goal of transparency efforts has sparked legislative activity and advocacy in the UK, US and Canada, which are the host markets for the majority of global mining stocks. Companies are employing more resources and personnel to ensure that the benefits of mining development reach communities in the form of improved education, infrastructure and services (Hsieh, 2006). Ecological collapse, conflicts and endemic poverty in various regions have their roots in unequal allocation of resources. Thus, a win-win situation becomes an illusion and the risks of violations of ethical norms gradually increase. With this argument in mind, this article focuses exclusively on business conduct in the mining industry and critically evaluates three ethical principles proposed by the b...... middle of paper ...... in the mining industry. Today we have the limited number of resources requiring monopolization to make industrial mining a profitable business. Companies are employing more resources and personnel to ensure that the benefits of mining development reach communities in the form of improved education, infrastructure and services (Reichert et.al, 2000). What is more important here is that businesses must operate fairly and ethically while utilizing labor resources and working with international organizations, researchers and policy makers to improve comfort and employee equity and thus reduce labor exploitation. Thus, the main objective of a global economy must be development rather than the mere pursuit of economic growth and a justice package must be incorporated, strong enough to address the complex issue of labor exploitation. work of the mining industry..