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tailings management                                      mining








          to emerge from the Brumadinho disaster   For each dam in their portfolio, companies   mining  industry.  Hopefully,  the  greater
          is how investors can work together with   were asked to answer 20 questions that   uniformity in regulation and information
          mining companies and regulatory bodies   include:  location,  construction  method,   transparency  that  the  investors  are
          to improve tailings management systems.   status  (active  or  inactive),  maximum   pushing for will lead to improved safety.
          In fact, a group of investors is proving to be   height, and stored volume. The deadline   Professional  organisations  involved  with
          instrumental in the push for greater global   to publish this information on companies’   tailings  can  help  promote  the  adoption
          oversight and improved regulations.  websites was 7 June 2019. By 5 July, 218   of  these  interventions  and  work  on  the
          An  international  standard  for  tailings   companies had responded: 92 confirmed   development  and  implementation  of
          management                        they had tailings facilities and 67 published   policies  that  improve  safety  and  reduce
                                                                               risk.
                                            the requested information.
          Six  days  after  the  Brumadinho  failure,  a
          group of investors led by, among others,   It  is  difficult  to  overstate  just  how
                                            big  a  step  this  is  towards  improving
          the  Church  of  England  funds  and  the
          Swedish  Public  Pensions  fund,  issued   safety  and  transparency  in  tailings
                                            dam  management.  To  date,  there  is  no
          a  call  for  a  “global  independent  public
          classification system” to monitor the risk   global  register  of  tailings  dams.  This
          posed by tailings dams.           compromises estimations of failure rates
                                            and  the  relative  safety  of  the  different
          Their  call  contained  a  reminder  that  a   construction methods.
          similar  recommendation  was  made  in   For   instance,   there   are   three   Luis Alberto Torres-Cruz, Senior Lecturer
                                                                                in Geotechnical Engineering, University
          2016  in  a  document  commissioned  by
          the  International  Council  on  Mining  and   conventional  types  of  tailings  dam   of the Witwatersrand
                                                                     upstream,
                                                          methods:
                                            construction
          Metals. That report followed the failure of                              Robert C. Bachus of Geosyntech
          the Samarco tailings dam, also in Brazil, in   downstream, and centreline. The type of   co-authored this article
          2015.                             dams  that  have  most  frequently  failed
                                            are upstream dams.
          The  investors’  call  has  evolved  into   Although   this
          the  Investor  Mining  and  Tailings  Safety   appears  to  suggest
          Initiative. Additional investors have joined   that   upstream
          the group and some of their statements   dams   are   the
          are  now  supported  by  a  collective   more   dangerous
          pool  of  US$  12  trillion  in  assets  under   type,  quantitative
          management.                       c ompar isons
          The call for a public classification system   of  the  different
          to monitor tailings dams is well underway   c ons truction
          in  the  form  of  a  Global  Tailings  Review,   methods’   failure
          co-convened by the International Council   rates  have  been
          on  Mining  and  Metals,  the  United   impossible  so  far
          Nations   Environment   Programme,   because  we  simply
          and  the  Principles  for  Responsible   do  not  know  how
          Investment. The initiative aims to produce   many   dams   of
          an  international  standard  for  the  safe   each  type  exist.
          management of tailings dams.      The   information
          The  tailings  information  disclosure   recently  disclosed
                                                      mining
                                            by
          request                           companies    will
                                            enable  researchers   Proven fast fire detection - for high value industries
                                            to  conduct  this
                                            and  many other       UNIVERSAL - Detects every fuel and every fire
           The  Investor  Mining  and       types  of  analyses   SIMPLE - Single person can install and operate
                                            in search for useful
           Tailings   Safety   Initiative   insights.             FLEXIBLE - Can be installed in any environment
           also conducted a second          These   initiatives
           intervention that consists of    illustrate   how      TRUSTED - Excellent false alarm rejection
           an  information disclosure       investors  can  exert
           request    issued   to   655     a  major  positive                         T  +44 (0) 1462 444 740
               extractive companies.        influence  on  the                         E  sales@ffeuk.com
                                            risk    managing                           W  www.ffeuk.com
                                            strategies  of  the




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