In October 2009, at its annual meeting in Madrid, the Mining Law Committee of the International Bar Association launched a project to develop a Model Mining Development Agreement (MMDA). The MMDA was conceived to provide a different starting point for the negotiation of mining contracts between host governments and mining companies, one based expressly on promoting sustainable social, economic and environmental development through more equitable and transparent mining agreements.
Continued at http://www.investmenttreatynews.org/cms/news/archive/2010/09/23/the-iba-s-model-mining-development-agreement-a-new-paradigm-for-natural-resource-projects.aspx
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