Over the past 2½ years our focus has been to bring more structure and discipline to our activities. This includes improving the corporate responsibility elements of our business. We joined the Mining Association of Canada (MAC) in 2013 and committed to implementing MAC’s reputational program, Towards Sustainable Mining (TSM) at our business units, including implementing tailings guides which are recognized as evolving international best practice.
Our initial assessment in 2017 indicated that we had gaps against the TSM and MAC tailings management guidelines. We began improving our tailings management practices by developing and starting to implement a mine waste management standard. We also retained a Canadian-based international engineering firm to evaluate our tailings management practices against the MAC guidelines. An action plan has been developed and is in the process of being implemented.
Following the well-publicized recent failures of tailings facilities and the loss of life associated with the Brumadinho catastrophe in Brazil, the Church of England Pensions Board and the Council on Ethics of the Swedish National Pensions Fund jointly, on behalf of a larger group of investors, requested information and responses to a series of 20 questions. The letter was sent to a total of 683 publicly-listed resource companies. Our responses to the 20 questions are summarized in the following links: