Endeavour fires CEO over US$5.9M payment
Endeavour Mining (TSX: EDV; LSE: EDV) fired CEO Sebastien de Montessus with immediate effect on Thursday. The board accused de Montessus of “serious misconduct” regarding the disposal of an asset…
ESG
Why the mining industry should deliver a social contract
The “E” of ESG — environment — tends to get the lion’s share of attention in the mining sector. This has probably been warranted by the increasingly prescriptive nature of…
Barrick says outside actors to blame in fresh abuse allegations at North Mara in Tanzania
Barrick Gold (TSX: ABX; NYSE: GOLD) says a human rights group making allegations of forced expulsions to expand the North Mara mine in Tanzania is incorrect. Ottawa-based MiningWatch Canada contends…
Ex-FBI leader advises Fenix nickel mine in Guatemala after US drops sanctions
A former FBI director is helping a billion-dollar nickel mine in Guatemala reopen after United States sanctions shut it for alleged Russian bribery. Louis Freeh, who ran the bureau from…
Australia’s Sandfire ‘extremely sorry’ for damage to Aboriginal artefacts
Sandfire Resources (ASX: SFR) said on Thursday it had become aware it had destroyed Aboriginal artefacts at its Western Australia-based DeGrussa copper operations, which were placed on care and maintenance in…
Nearly one-third of tailings dams close to protected areas – study
Nearly a third of the world’s mine tailings are stored within or near protected conservation areas, posing risks to some of the earth’s most precious species and landscapes. A recent…
JV Video: EY highlights access to capital as key concern for miners
Concern over access to capital against the urgent need for trillion-dollar investment to meet metal demands for the energy transition emerged as a critical industry concern in the latest findings…
JV Video: Osisko Development targets greener impacts
Osisko Development (TSXV: ODV; NYSE: ODV) accelerates brownfield projects with mechanization and environmentally-friendly underground footprints, CEO and chairman Sean Roosen says. The co-founder of Canadian Malartic, the country’s largest gold…
New kids book aims to get girls into mining
Move over Dora the Explorer — another Latina heroine and adventurer is here and she’s ready to teach kids about mining. Like Dora, Ana likes adventures and problem solving. But…
CMS: How to fix ‘everyone needs us but no one likes us’
The industry must confront its dark past of disasters to attract new investors and offer project stakes to local towns to improve environmental, social and governance (ESG) issues. Those were…
Video: TMX panel discusses hard ESG issues
Mining companies face difficult decisions about environmental, social and governance issues to attract new investors, according to a panel sponsored by The TMX Group at The Northern Miner’s Canadian Symposium…
Raising capital now biggest risk to mining companies after ESG, says EY report
Global mining and metals executives still view environment, social and governance (ESG) as the top risk facing their business over the next 12 months, but access to capital has now…