https://www.engineeringnews.co.za

LOWEST RUNG OF ESG HELL:

1st March 2019

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

Huge diversified mining company Vale must be put in the lowest rung of environmental, social and governance (ESG) hell for putting far more emphasis on dividend declarations decided behind fancy mahogany-doored boardrooms than on the safety of dicky upstream iron-ore tailings dams. Last month’s tailings dam disaster at Vale’s Córrego do Feijão iron-ore mine, in Brazil, killed 170 people and left at least 140 missing, this after Vale-BHP’s Samarco iron-ore tailings dam collapse killed 19 nearly four years ago. In response, Brazil has banned new upstream mining dams and ordered the decommissioning of existing upstream versions by August 15, 2021. This is both late and inefficient, and also needing to continue to hang its head in shame is BHP, the world’s largest mining company, which is only now urging its peers to create an independent international body to take charge of overseeing the construction, integrity and operations of tailings dams that store mined waste.

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.053 0.967s - 131pq - 2rq
Subscribe Now