Tightening regulations and pressure from investors, particularly around climate change, are forcing large mines in need of careful closure plans out of major portfolios and onto the books of groups less capable of delivering best practice post-operational transitioning programmes, according to White & Case global head of mining and metals, Rebecca Campbell.
"It's a long-standing phenomena but the risk continues to increase around mines effectively being abandoned at closure and not being fully reclamated," she said.
"This is an area that does fall squarely within the bounds of what regulators should be focusing upon."
Click play to listen to the podcast. And click here to listen to the complementary interview with Mayer Brown on the future of mine closure regulation.
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