BHP halts expansions on heritage sites in Australia
BHP (NYSE: BHP; LSE: BHP) acknowledged on Thursday it was aware of Australian Aboriginal groups’ concerns about the future of dozens of heritage sites before it sought and obtained approval…
ESG
‘You have to listen’: Deloitte panel discusses how miners should approach sustainability at the Global Mining Symposium
The first thought leadership panel of the Global Mining Symposium was focused on sustainability and the importance of the shift from commitments to action by the mining industry. Moderated by…
‘Conscious capitalism’: Impact investing panel debates social role of mining industry at the Global Mining Symposium
The Northern Miner kicked off its inaugural Global Mining Symposium on Tuesday, with mining leaders, influential investment professionals, and forward-thinking innovators from around the world. The three-day event includes panel…
The Northern Miner Podcast – episode 201: Taking a closer look at Rio Tinto’s blast scandal in Australia
This week’s episode examines the fallout from Rio Tinto’s blast scandal that destroyed two ancient caves of high archeological significance in Australia. The show presents the beginning of Rio Tinto’s…
Rio Tinto executives lose millions over Aboriginal site blast in Australia
Rio Tinto’s (NYSE: RIO; LSE: RIO) top bosses will pay millions of dollars for the destruction of two ancient caves in Australia as the group has decided to cut short-term…
‘Nature first’ approach could unlock value in extractive industries: report
Putting nature above business considerations has the potential to generate 395 million jobs and US$10 trillion in business opportunities by 2030, the World Economic Forum (WEF) says in a new…
Baffinland Iron Mines and Inuit association strike landmark agreement
A new multimillion-dollar agreement between Baffinland Iron Mines and the Qikiqtani Inuit Association (QIA) that includes a substantial royalty increase, Inuit oversight of environmental monitoring and direct community benefits may…
PDAC: Mining is ‘close to home’ for Minister O’Regan
Canada’s Minister of Natural Resources Seamus O’Regan made his first appearance at the Prospectors and Developers Association of Canada (PDAC) convention in Toronto last week, knowing he would be under…
PDAC: Investors increase scrutiny over ESG reporting
Among the many challenges facing the minerals exploration and mining industry, Environmental, Social and Governance (ESG) issues are receiving increased attention, with ESG programs now critical components of a company’s…
PDAC: Investment bankers discuss state of the mining industry
The capital markets sessions are among the most popular events at the Prospectors and Developers Association of Canada’s annual convention. For the fifth year in a row, investment bankers came…
PDAC: ‘M&A is back,’ says Barrick’s Catherine Raw
Last year was the busiest year for mergers and acquisitions in the precious metals sector since 2010, Catherine Raw, the executive responsible for Barrick Gold‘s (TSX: ABX; NYSE: GOLD) North…
Rio Tinto to spend US$1B to reach zero emissions
Rio Tinto (NYSE: RIO; LSE: RIO) will spend $1 billion over the next five years to reduce its carbon footprint and have net zero greenhouse gas emissions by 2050, but…