LEADERSHIP

'To make mining work ... the wildlife cannot be an afterthought'

Canada-based gold producer Agnico Eagle Mines (TSX: AEM), which celebrated 25 years of listing on the New York Stock Exchange in November, has been highlighting its “strong track record” in environmental, social and governance performance in recent weeks.

Staff reporter
 Agnico Eagle Mines says it is taking care not to disrupt caribou migration patterns in Nunavut

Agnico Eagle Mines says it is taking care not to disrupt caribou migration patterns in Nunavut

In a series of posts on Twitter, the company has pointed to initiatives including its Nunavut environmental team collaborating with local stakeholders "to ensure the migration patterns of caribou are not disrupted".

"To make mining work, protecting the land, the water and the wildlife cannot be an afterthought," it said earlier today.

Its messages come as ESG has become more prominent, with a mining conference in London last month hearing miners should fight their corner on ESG, after the industry's standing had suffered in the wake of scandals such as Vale's fatal Brumadinho tailings dam collapse in Brazil in January.

A draft Global Tailings Standard is currently open for public consultation until the end of this month, with co-convenors - the International Council on Mining and Metals, the United Nations Environment Programme and the Principles for Responsible Investment - aiming to have the final standard published in 2020.

It also follows Newmont (NYSE: NEM) this month being ranked the top mining company in Newsweek's inaugural list of America's Most Responsible Companies for 2020.

 

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

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.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.