ESG

Brazil mining sector commits to change

Brazil’s national mining association has made a public statement saying it is committed “to a profound transformation” and has also adopted a sustainable mining initiative from Canada.

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 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.