ESG

Brazil mining sector commits to change

Writes commitment letter, adopts Canada initiative

Staff reporter
 IBRAM signs up to MAC’s TSM initiative

IBRAM signs up to MAC’s TSM initiative

In a translated commitment letter to society, the Instituto Brasileiro de Mineração (IBRAM) said yesterday it was committed to a profound transformation of the mining industry, processes and techniques, relationships with people and with nature.

It outlined commitments relating to areas including risk management, tailings dams, health and safety of workers, improving environmental impact studies and controls, taking a proactive and respectful approach in communities and water preservation.

"It is also necessary that, first and foremost, mining is responsible," the letter said.

The Mining Association of Canada said IBRAM had adopted the Towards Sustainable Mining initiative, joining six other mining groups around the world to take on the corporate social responsibility programme developed by MAC.

"The addition of IBRAM and Brazil's large mining sector firmly establishes the TSM initiative as a leading global mining standard," MAC president and CEO Pierre Gratton said.

MAC said IBRAM president Flávio Ottoni Penido believed TSM was a necessary response by Brazil's mining sector after the tragic tailings dam failures in the country in the past few years. 

IBRAM has about 130 members and it said with their endorsement and active participation, it would promote the evolution of mining, corresponding to society's wishes, and assume transparency and dialogue as tools to help build the future of mining in Brazil.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.