ABSTRACT To align a post-mining site to the wants and needs of local communities and stakeholders, mine closure needs to consider criteria which may be difficult to value using conventional cost–benefit analysis. For example, criteria associated with the environment, socio-environmental relationships, health, and long-term sustainability. Game theory techniques are implemented to investigate how different stakeholder groups could act during mine closure planning and decision-making. Using game theory with sustainability criteria, this study proposes an innovative approach to analyze some key decisions throughout the mine life that affect closure. Non-cooperative game theory models are investigated by developing Nash equilibrium equations which are based on the change in environmental risk, economic potential, and impacts on company reputation. The modified equilibrium formulas can highlight the key sustainability criteria for multi-stakeholder closure planning and complex decision-making. The discussion explores how the developed model can assist mining stakeholders in understanding their position during the mine closure process. In all, the game theory and multiple criteria models can help structure and manage the complex closure risks throughout the mine life cycle.
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