A global look at high-risk tailings dams
Tailings dams are the most common waste disposal methods for mining companies, whether they’re extracting iron ore, gold or copper.
However, a third of the world’s tailings dams are at high risk of causing catastrophic damage to nearby communities if they crumble, according to data compiled by Reuters.
A year ago, more than 240 people died in Brazil when a Vale-owned tailings dam collapsed, leading to a slew of social, political and economic aftershocks that are still felt today.
With environmental issues becoming a more heated topic than ever before, investors are now demanding mining companies become more responsible and transparent — with emphasis placed on meeting environmental, social and governance (ESG) standards.
The Church of England, which invests in mining companies through its pensions for retired clergy, along with its partners are now requesting companies to disclose data on tailings dams on a regular basis.
The latest Reuters data reflects disclosures from 89 companies with mines in over 60 countries.
(With files from Reuters)
source: Mining.com
Top News
Five last month
Two last year
Glencore posts lower metals output for first nine months, reiterates outlook
Mercuria eyes equity in African assets, new metals boss says
Gold price surge adds glitter to tarnished miners
Traders see gold as a surefire bet as coin-toss election looms
Gold price shows little reaction to jobs data
Anglo American sells Australian coal JV stake for $1.1 billion
Environmentalists sue over US approval of ioneer’s Nevada lithium mine
Euro Sun, Glencore enter MOU for offtake on Rovina Valley project
Ecuador to reopen mining register for first time in over six years
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
Liberty Gold advances Black Pine project permitting
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years