Global mining companies are expected to be socially responsible. In an era characterised by political instability, extreme weather, and social activism, companies have committed to upholding international standards on sustainable development and human rights. At a time when stakeholder expectations are high, and growing, companies have an incentive to build capability in social performance. While individual companies have made advancements on a number of fronts, lack of social performance capability is an industry wide problem. Companies are increasing their risk exposure and losing the opportunity for value creation. The consequences of failing to harness this opportunity may be costly, both for host communities and for companies. This position paper summarises the current state of social performance across the global mining industry. The sections briefly highlight six social performance basics that need attention, and identify the consequences of failing to address them. The final section proposes a ‘good practice’ model to support the industry in meeting its current and future commitments.