Latest news with #GISTM
Toronto Star
3 days ago
- Business
- Toronto Star
Barrick Publishes GISTM TSF Disclosures
TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) — Barrick Mining Corporation (NYSE:B)(TSX:ABX) today released site-level disclosures for its tailings storage facilities (TSFs), in alignment with Principle 15 of the Global Industry Standard on Tailings Management (GISTM) and in addition to those facilities disclosed already, in August 2023. Barrick president and chief executive Mark Bristow says Barrick is publishing these further disclosures to provide public access to information about our tailings facilities, reflecting our ongoing commitment to transparency.
Yahoo
4 days ago
- Business
- Yahoo
Rio Tinto releases new tailings facilities disclosure aligned with GISTM requirements
MELBOURNE, Australia, August 05, 2025--(BUSINESS WIRE)--Rio Tinto has today published detailed information on its global tailings facilities, in alignment with the Global Industry Standard on Tailings Management (GISTM). The disclosure includes updated information on 14 tailings facilities rated Very High or Extreme consequence under GISTM classifications (as previously disclosed on 4 August 2023), along with new information on a further 84 tailings facilities rated Low, High or Significant. Rio Tinto Chief Technical Officer Mark Davies said "Managing tailings responsibly is essential for keeping people, communities and the environment safe from harm and is fundamental to maintaining our social licence. "We are proud to share our management practices transparently and to partner with local communities, our industry peers and regulators to drive transformative improvements in tailings management. "Rio Tinto has committed to implementing the GISTM at all our tailings facilities and we have been working hard over the past five years to bring these into conformance. We have made significant progress and have detailed plans in place to complete the few outstanding items." Details of Rio Tinto's tailings facilities and progress towards GISTM conformance, can be accessed via an interactive map available at View source version on Contacts Please direct all enquiries to Media Relations, United Kingdom Matthew Klar M +44 7796 630 637David Outhwaite M +44 7787 597 493 Media Relations, Australia Matt Chambers M +61 433 525 739Rachel Pupazzoni M +61 438 875 469Bruce Tobin M +61 419 103 454 Media Relations, Canada Simon Letendre M +1 514 796 4973Malika Cherry M +1 418 592 7293Vanessa Damha M +1 514 715 2152 Media Relations, US Jesse Riseborough M +1 202 394 9480 Investor Relations, United Kingdom Rachel ArellanoM: +44 7584 609 644David Ovington M +44 7920 010 978Laura Brooks M +44 7826 942 797Weiwei Hu M +44 7825 907 230 Investor Relations, Australia Tom Gallop M +61 439 353 948Phoebe Lee M +61 413 557 780 Rio Tinto plc 6 St James's SquareLondon SW1Y 4ADUnited KingdomT +44 20 7781 2000Registered in EnglandNo. 719885 Rio Tinto Limited Level 43, 120 Collins StreetMelbourne 3000AustraliaT +61 3 9283 3333Registered in AustraliaABN 96 004 458 404 Category: General Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
4 days ago
- Business
- Business Wire
Rio Tinto releases new tailings facilities disclosure aligned with GISTM requirements
MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has today published detailed information on its global tailings facilities, in alignment with the Global Industry Standard on Tailings Management (GISTM). The disclosure includes updated information on 14 tailings facilities rated Very High or Extreme consequence under GISTM classifications (as previously disclosed on 4 August 2023), along with new information on a further 84 tailings facilities rated Low, High or Significant. Rio Tinto Chief Technical Officer Mark Davies said 'Managing tailings responsibly is essential for keeping people, communities and the environment safe from harm and is fundamental to maintaining our social licence. 'We are proud to share our management practices transparently and to partner with local communities, our industry peers and regulators to drive transformative improvements in tailings management. 'Rio Tinto has committed to implementing the GISTM at all our tailings facilities and we have been working hard over the past five years to bring these into conformance. We have made significant progress and have detailed plans in place to complete the few outstanding items.' Details of Rio Tinto's tailings facilities and progress towards GISTM conformance, can be accessed via an interactive map available at
Hamilton Spectator
21-05-2025
- Business
- Hamilton Spectator
Fortuna publishes its 2024 Sustainability Report
VANCOUVER, British Columbia, May 21, 2025 (GLOBE NEWSWIRE) — Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce the publication of its seventh annual Sustainability Report, highlighting key developments in 2024 related to governance, corporate strategy, risk management, and performance. The report also outlines Fortuna's commitments and progress on the environmental, social, and governance (ESG) factors most material to our business and stakeholders. Jorge A. Ganoza, President, and CEO, stated, 'Sustainability is not just a responsibility - it is a strategic imperative that underpins our success as an efficient business and a trusted partner to our investors and stakeholders in the countries where we operate, now and in the future. We take pride in our 2024 performance, while acknowledging that continuous improvement is essential in the areas that matter most.' Mr. Ganoza added, 'Our leadership team is fully committed to embedding sustainability—particularly the prioritization of health and safety—into every aspect of our decision-making, from daily operations to long-term strategic planning.' Julien Baudrand, Senior Vice President of Sustainability, commented, 'This report outlines Fortuna's progress in aligning with leading industry practices, including Critical Risk Management, the Global Industry Standard on Tailings Management (GISTM), and ISO 14001 and 45001 certifications. It also highlights our 2024 achievements, such as top-tier performance in health and safety, industry-leading greenhouse gas emissions intensity per ounce of gold produced, and no significant negative impacts on the environment or our host communities.' Mr. Baudrand concluded, 'Striving for sustainability excellence - by achieving zero harm, minimizing our environmental footprint, and meeting stakeholder expectations - strengthens our relationships with shareholders, lenders, local authorities, communities, and employees, while creating lasting value for Fortuna.' Key facts and figures from the 2024 Sustainability Report: Governance Workforce Health and Safety Community Relations Environment Human Capital, Human Rights, and Business Ethics The report also highlights the transformative projects that we are leading across our host countries in Latin America and West Africa, demonstrating how our initiatives create lasting social and environmental value that extends beyond financial performance. As part of our ongoing commitment to transparency and stakeholder engagement, we have introduced a new companion resource: the Sustainability Data Booklet. This document is aligned with the 2023 SASB Metals & Mining Standard, TCFD recommendations, and GRI Standards 2021, including the newly released GRI 14: Mining Sector Standard (2024). It is complemented by our Interactive Analyst Center , which offers downloadable, site-specific ESG data for enhanced accessibility and insight. Fortuna's 2024 Sustainability Report is available on our website: We welcome questions and feedback at: sustainability@ About Fortuna Mining Corp. Fortuna Mining Corp. is a Canadian precious metals mining company with three operating mines and exploration activities in Argentina, Côte d'Ivoire, Mexico, and Peru, as well as the Diamba Sud Gold Project located in Senegal. Sustainability is integral to all our operations and relationships. We produce gold and silver and generate shared value over the long-term for our stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit ON BEHALF OF THE BOARD Jorge A. Ganoza President, CEO, and Director Fortuna Mining Corp. Investor Relations: Carlos Baca | info@ | | X | LinkedIn | YouTube Forward-Looking Statements This news release contains forward-looking statements which constitute 'forward-looking information' within the meaning of applicable Canadian securities legislation and 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 (collectively, 'forward-looking statements'). All statements included herein, other than statements of historical fact, are forward-looking statements, including, without limitation, statements pertaining to the Company's sustainability plans, targets, strategies, and goals, such as working towards a zero harm workplace, implementing the Global Industry Standard for Tailings Management, and minimizing our environmental footprint. Often, but not always, these forward-looking statements can be identified by the use of words such as 'believe', 'expect', 'anticipate', 'contemplate', 'target', 'plan', 'goal', 'budget', 'aim', 'intent', 'estimate', 'may', 'should', 'could', 'future' and similar expressions, including negative variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties, and factors include, among others, risks associated with climate change; risks associated with mining regime changes in the Company's operating jurisdictions, including those related to permitting and approvals, environmental and tailings management, labour, trade relations, and transportation, other factors including accidents, equipment breakdown, environmental risks; as well as those factors discussed under 'Description of the Business - Risk Factors' in the Company's Annual Information Form, a copy of which can be found on the Company's profile on the SEDAR+ website at . Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are based on the assumptions, beliefs, expectations, and opinions of management, including, but not limited to, continued availability of water and power resources at the Company's operations; financial and physical impacts of climate change and climate change initiatives on markets and the Company's operations; the availability and effectiveness of technologies needed to achieve the Company's sustainability goals and strategies; the accuracy of the Company's current mineral resource and reserve estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; and that there will be no material adverse change affecting the Company or its properties. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.
Zawya
05-05-2025
- General
- Zawya
Illegal mining: A key risk to tailings dams management and mine closure
Artisanal mining often occurs close to an operating mine, even to access the same deposit. In many parts of Africa, illegal artisanal miners mine tailings storage facilities (TSFs) and rock dumps, which pose a significant risk to the management of tailings dams. SRK Consulting considers the risk that illegal artisanal miners pose in the management of tailings dams in many parts of Africa The same TSF risks that face nearby communities could then apply to these miners. James Lake, partner and principal environmental scientist at SRK Consulting South Africa (SA), explains that TSFs, as part of a mine's lease area, are usually well protected by security infrastructure and services during the mine's operational years. However, the risks related to unauthorised access tend to escalate post-closure. 'In Tanzania, for instance, we have witnessed artisanal miners on a TSF, where the tailings were also being removed for use as construction material,' he says. In SRK's experience, mines often create 'attractive nuisances' after they close, such as pit gathering water that attracts wild animals. Similarly, a TSF still containing known minerals would attract illegal miners, who could put themselves at risk and perhaps endanger the structure. Global Industry Standard on Tailings Management This illegal mining is also a risk that needs attention in terms of the Global Industry Standard on Tailings Management (GISTM). Based on her work in the Democratic Republic of Congo (DRC), SRK Consulting South Africa (SA) principal environmental engineer Roanne Sutcliffe explained some of the risks associated with managing TSFs after mine closure. 'In one site, it was clear that artisanal miners were walking over a tailings dam each day to reach discards which were still considered to have some mineral value,' says Sutcliffe. 'They would then wash the ore in the supernatant pond on the TSF; this sort of activity could have health and safety implications and could impact the stability of the TSF.' In another case, there was evidence of artisanal mining on a mineral seam which was not only adjacent to a TSF but which also ran under the TSF's foundation. Post-closure activity close to a tailings dam was itself a potential risk, while any mining underneath the structure would compromise its stability and pose life-threatening risks. 'The GISTM highlights that mitigating TSF risks is a responsibility that extends for tens or even hundreds of years after mines cease operations,' she says. 'This means finding sustainable solutions and post-closure uses that address the considerable risks posed by ongoing artisanal mining.'
