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Tudor Gold Shares Advance 2.76% on Golden Triangle News

Tudor Gold Corp. [TUD-TSXV, TUC-Frankfurt] on Tuesday released new drill results from its Treaty Creek…

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This article was originally published by Resource World

Tudor Gold Corp. [TUD-TSXV, TUC-Frankfurt] on Tuesday released new drill results from its Treaty Creek project in British Columbia’s Golden Triangle area.

Tuesday’s news release contains details of a third set of drill results (four new holes) for the 2021 resource expansion and definition drilling program at the Goldstorm deposit

Highlights include step-out drill hole GS-21-119, which the company said has successfully expanded the Goldstorm system to the northeast after returning 1.76 g/t gold equivalent (AuEq) over 196.5 metres within 564 metres containing 1.09 g/t AuEq.

Tudor Gold shares advanced on the news, rising 3.7% or $0.08 to $2.25. The shares are currently trading in a 52-week range of $3.78 and $2.01.

New drill results are being released after Tudor recently announced a mineral resource estimate for the Goldstorm and Copper Belle zones at its flagship Treaty Creek project.

The company said the constraining open-pit shell contains 14.15 million ounces of measured and indicated gold equivalent ounces at an average grade of 0.72 g/t gold equivalent and 5.26 million measured and indicated gold equivalent ounces at an average grade of 0.80 g/t gold equivalent for the out-of-pit mineral resource.

However, as only 10-12% of the gold equivalent values are attributed to silver and copper mineralization indicating a strong gold-dominate system, the company has said further studies are required to investigate the potential economic impact of the silver and copper.

It has previously said plans for 2021 are to complete the drilling of the Goldstorm Zone; to define the limits of the 300 Horizon, the CS-600 and DS-5 Zones. In addition, diamond drilling is planned for the Eureka and Perfect Storm Zones.

“Our primary gold remains to find the limits of the Goldstorm deposit and to constrain the resources from our initial mineral resource estimate of 19.41 million ounces of measured and indicated and 7.9 million ounces of gold-equivalent ounces,” Ken Konkin, Tudor Gold’s Vice-President, Exploration and Development.

“We continue to intercept exceptional mineralization within the defined domains and consistently identify extensions to these domains particularly in the northeast and northwest, as well as at depth,’’ he said.

“Clearly, more drilling is required to further define the Goldstorm, Eureka and Perfect Storm zones for 2022.”

On Tuesday, Tudor said the latest results have confirmed consistent mineralization in GS-21-116 over a long interval of 1,092.0 metres, grading 0.75 g/t AuEq that includes the 300 Horizon and CS-600 domains.

Near-surface mineralization was encountered at the Eureka zone in EK-21-01 with 67.5 metres of 1.13 g/t AuEq. The Eureka zone remains open in all directions and at depth.

Tudor Gold holds a 60% stake in the Treaty Creek joint venture and is the project operator. The other partners are American Creek Resources Ltd. [AMK-TSXV] and Teuton Resources Corp. [TUO-TSXV, TUC-Frankfurt], each of which hold a 20% stake in the project. American Creek and Teuton are both fully carried to a production notice. At that point, each of the two is required to contribute their respective 20% share of development costs.

Until that happens, Tudor is required to fund all exploration and development costs. The property is also subject to 3% net smelter return royalties.

tsxv

Author: Resource World

Base Metals

The Ethical Investor: How do we tie in ESG investing with the metaverse, and Jaaim’s Tui Eruera on AI-powered stock picks

The Ethical Investor is Stockhead’s weekly look at ESG moves on the ASX. This week’s special guest is Tui Eruera, the … Read More
The post The Ethical…

The Ethical Investor is Stockhead’s weekly look at ESG moves on the ASX. This week’s special guest is Tui Eruera, the founder of AI-based investing platform, Jaaims.

Nobody saw it coming, but the race is now well and truly on for metaverse supremacy after Microsoft’s historic acquisition of Activision Blizzard this week.

Microsoft’s mindboggling $95 billion acquisition not only made it the world’s third biggest gaming company, but also signalled its entry into the metaverse space.

Activision, which has more than 400 million users, is best known for hit game titles like Call of Duty, Warcraft and Candy Crush. Experts unanimously agree that games and social media are today’s entry points to tomorrow’s world of the metaverse.

This space has virtually taken the world by storm after Facebook announced its rebranding to Meta. Google searches for “metaverse stock” have even increased by 17,900% compared to this time last year, according to research by IG.

Whether we like it or not, it will become part of our daily lives one way or another in the next few years.

All of the top brands from Disney to Walmart and Nike are already racing to carve out their own niche within this virtual space.

 

ESG metaverse
Source: Investment Week

But with so much excitement, how does the metaverse actually fit in to the world of ESG investing, or vice versa?

How could the ethical investor be comfortable about investing in metaverse stocks?

Here’s a rundown what the experts think, and issues that ESG investors must think about:

Climate change

There are two sides to this argument. On one side, the metaverse could reduce the world’s carbon footprint by altering individual and institutional behaviours.

As more merchants set up e-shops and corporates conduct meetings on the metaverse, there will be a reduction in carbon as we consume less materials and resources to erect physical structures. Building materials like steel and cement currently account for roughly one-third of our global greenhouse gas emissions.

The other side to the coin is that the vast increase in network traffic and data processing needed in running virtual platforms will ultimately increase electricity usage.

This, experts said, is where the adoption of renewable energy could become really crucial in the coming years as the metaverse develops.

Social equality

Experts believe the metaverse will create a more equal society.

As humans become mere digital ‘avatars’ in the virtual world, there will be less discrimination based on age, gender, skin colour, and wealth status.

Everyone could become or feel “equal” in the metaverse.

The World Economic Forum (WEF) has just released a report saying that tech companies play an absolutely critical role in building an equitable and inclusive metaverse.

The WEF says that technology has an excellent track record in helping to level the playing field in society, and the metaverse is the next chapter.

If developed properly, it could help foster the global inclusivity and exchange of ideas necessary for the future.

Mental Health

There is uncertainty on how the metaverse could impact our mental health.

According to the Stanford University’s Virtual Human Interaction Lab, the challenge is going to be when people are spending a lot of time there.

“People will be in ‘a world in which everyone is just perfect and beautiful and ideal.”

The question is, how does that affect one’s own self-esteem? Nobody knows yet.

Professor of psychology Peter Etchells from Bath Spa University believes that we’ll all inevitably become “sucked in” to a virtual world, and want to spend more of our time there than in the offline world.

“I don’t think that’s a given, but it’s nevertheless important that tech companies take a thoughtful and ethical approach to developing metaverse technologies,” says Professor Etchells.

Privacy matters

Speaking of ethical approaches, Meta (or Facebook) has this week filed hundreds of patents related to the metaverse, giving us a glimpse on how the company intends to monetise the virtual world.

According to the Financial Times which has looked into these patents, Meta could implement hyper-targeted advertising and content by creating even more personalised ads based on a user’s age, gender, and the likes and comments they leave on social media.

Another of Meta’s patents will create digital, undistinguishable replicas of people, while another will read a user’s facial expressions and adapt content around them.

In other words, Meta wants to exploit every single move, gait and gaze we make on the virtual world, and that sounds a bit scary…

Increased valuation for ESG stocks

A 2020 survey by McKinsey revealed that 83% executives and investment professionals agree that ESG programs will create shareholder value for investors over the next five years.

At the moment, metaverse stocks are not necessarily being recognised as ESG stocks, the report said.

But analysts believe that when that changes, and as people become more educated, they’ll realise metaverse companies might play an important role in reducing emissions.

ESG interview with Tui Eruera, founder of AI-based investing platform Jaaims

Jaaims is an automated online trading application that uses artificial intelligence tech to analyse, predict and make calculated stock trades on your behalf.

The platform has recently added six new portfolios constructed by the algorithm.

 

Jaaims app
Tui Eruera, founder of Jaaims

 

What exactly does the Jaaims trading platform do for investors?

“We’re a robo advisor that’s a bit different. We use artificial intelligence (AI) based algorithm to make stock recommendations, both buy and sell. You can create your own portfolio within our application, or you can have a fully automated portfolio derived by our AI. And then we’ll buy and sell those equities on your behalf with your preferred broker.

“So it’s a no-touch, hands-off platform, you basically set the parameters of what you want to trade, and that might be ESG-related or something else.”

What ESG factors does the AI algorithm look at when deciding which stocks to buy?

“We work with Sustainalytics. They do a lot of work understanding how companies are meeting the ESG requirements. We have an API feed from Sustainalytics, where we get a huge amount of data, and rankings and ratings depending on which segment of ESG we’re looking at. Using that data, our AI algorithm then determines the top rating ESG performance companies.

“From a list of around 150 stocks, our technology then picks the best 50 ESG stocks, which are rebalanced automatically every 30 days.”

What about fundamental valuation analysis?

“Yes, the algorithm looks at current earnings, forecasts, trailing PE, and all those different ratios. Then it determines if the stock is undervalued, overvalued or neutral compared to its peers.

“We also do technical analysis, where we look at momentum, moving averages etc and determine on a technical basis if it’s a buy or sell. And the third analysis, which is really the sophisticated one, is that we analyse all the sentiment in the market, and we derive from that sentiment a trading recommendation.”

So using this algorithm, tell us some of the ESG stocks you’ve picked

“Two of the Aussie stock picks generated by our AI algorithm are Mirvac Group (ASX:MGR) and Stockland (ASX:SGP).

“Our US stock picks are Universal Health Services, Quanta Services Inc, The Kraft Heinz Company, General Electric Company, Amazon, and Coty Inc.”

 

ASX ESG news this week

Suvo Strategic Minerals (ASX:SUV) has established an independent ESG committee and appointed ESG specialist ESG+F Pty Ltd (“ESG+F”) to oversee the execution of its ESG strategy.

Suvo’s ESG framework focuses on 100 ESG metrics that are believed to be material to its industry sector.

These include climate change, responsible use of resources including energy and water, ecological footprint including biodiversity, health and safety, human rights, social supply chain and shareholder rights.

Sims Limited (ASX:SGM), a global leader in metal recycling, announced that it ranked 11th on the “2022 Global 100 list of most sustainable companies in the world.”

It was a 46-point improvement over its 2021 ranking, and marks the company’s eighth inclusion on the Global 100 list.

Uranium play Aura Energy (ASX:AEE) released a chairman’s letter in which it talks about the recently undertaken Net Zero Emission Study to form a sustainable pathway to uranium production. Results from the report are due to be announced shortly.

The post The Ethical Investor: How do we tie in ESG investing with the metaverse, and Jaaim’s Tui Eruera on AI-powered stock picks appeared first on Stockhead.



Author: Eddy Sunarto

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Economics

Portfolio Tweaks for 2022

Are you ready for risk-off? … two trades from Eric Fry looking poised to generate strong returns … two hedge trades to balance your portfolio

In 2022,…

Are you ready for risk-off? … two trades from Eric Fry looking poised to generate strong returns … two hedge trades to balance your portfolio

In 2022, which of the following will have better returns?

Volkswagen or Tesla?

Gold or Bitcoin?

Intel or NVIDIA?

Got your picks?

Our macro specialist, Eric Fry, is going with…drumroll…Volkswagen, gold, and Intel.

A few of you might suddenly be choking on your dinner. So, let’s jump straight to Eric for more color:

I expect the “character” of the financial markets to shift noticeably from a “risk-on” bias to “risk off.”

In other words, I expect investors to behave more cautiously and timidly than they did in 2021.

Generally speaking, therefore, I’m expecting relatively cautious investments to outperform their relatively risky counterparts.

“Caution” certainly feels appropriate after the market’s selloff in recent weeks, including today’s massive turnaround that saw the Nasdaq go from 2% gains to a loss (as I write, near the end of the day).

Yesterday, the Nasdaq slipped into an official correction. Meanwhile, the S&P and Dow are down roughly 6% and 5% from recent highs.

So, what 2022 trends will present investors that wonderful combination of returns and caution?

In Eric’s latest issue of Investment Report, he detailed several. Today, let’s peek into the issue to find out what opportunities Eric sees outperforming in 2022.

***A fantastic setup in commodities

For newer Digest readers, Eric is our global macro specialist and the editor behind Investment Report. As a macro investor, he evaluates markets and asset classes from a big-picture perspective to identify attractive opportunities.

Once a macro trend is in his crosshairs, he digs down to find the right, specific investment to play the opportunity.

It’s been a powerful strategy. In his decades in the business, Eric has dug up more 1,000%+ gaining investments than anyone we know of in the newsletter industry.

Returning to cautious approaches to 2022, Eric points toward commodities.

Now, regular Digest readers are familiar with Eric’s bullishness on the copper trade. In fact, yesterday’s Digest touched on this.

We won’t rehash those details again, but here’s Eric’s quick take:

Bottom line: Robust future demand growth for copper is fairly certain, but the mining industry’s capacity to satisfy that growth is not.

That’s the sort of equation that should put upward pressure on the copper price for many years to come.

But copper isn’t the only commodity Eric likes in 2022.

The second is something our world wants to do without, but addictions are hard to break. And this one is likely to generate great returns before it kicks the bucket.

From Eric:

No matter how “doomed” crude oil may be over the long term, it could deliver some spectacular short-term gains.

The bullish backdrop for crude has become too compelling to ignore.

***In the past, Eric has highlighted the fallacy of “more electric vehicles mean oil is dead”

In short, though EVs will capture a growing share of the global auto market in coming years, the total auto market will continue to grow larger. That means the number of gas-powered automobiles on the road will continue to increase as well.

When you combine that reality with demand from other industries, the International Energy Agency (IEA) expects worldwide demand will be at least 25% higher in 2050 than it is today.

Recently, oil demand has rebounded sharply, supporting higher prices. In fact, this week, oil hit a seven-year high (in part due to an attack by Yemeni Houthi rebels on the three United Arab Emirates fuel tankers).

But investors pointing toward this seven-year-high saying that prices are peaking are missing an important part of the equation – basic supply and demand.

As to demand, this is from yesterday in The Wall Street Journal:

Global oil demand will exceed pre-pandemic levels this year thanks to growing Covid-19 immunization rates and as recent virus waves haven’t proved severe enough to warrant a return to strict lockdown measures, the International Energy Agency said Wednesday.

And for supply, here’s Eric:

Most folks assume that OPEC and others could easily ramp production to satisfy any significant surge in demand. But that assumption rests on a frail statistical foundation.

The U.S. has supplied almost all of the world’s crude production growth during the last decade, not OPEC. Pulling that rabbit out of the hat a second time will not be easy, as U.S. shale production topped out two years ago.

Eric points out that oil and gas companies have been slashing the exploration budgets for years. Global investments in oil and gas exploration and production are down by about 65% since 2014.

It’s not hard to connect the dots:

Net-net: Bountiful new supplies of crude oil seem highly unlikely.

A tightening oil market, coupled with a rising inflationary trend, provides ample reason to expect oil stocks to deliver market-beating results in 2022.

***Two “hedge” plays to balance your broader portfolio

Copper and oil are likely to bring firepower to your returns this year – think “offense.”

Let’s now look at two ways to play defense: gold and a bet against bonds.

Starting with gold, there’s no denying that this trade has been incredibly disappointing, most notably because it’s done nothing while inflation has surged.

From Eric:

As the chart below shows, the gold price trend tends to track the inflation trend… but not this time around.

Despite the skyrocketing inflation reading on the right side of the chart, the gold price has been falling!

Chart showing gold's price dropping while inflation has been surging

Even so, the yellow metal deserves the benefit of the doubt, both as an inflation hedge and as a hedge against stock market volatility… at least for now.

I still believe gold-related plays deserve a few investment dollars in a balanced portfolio.

Plus, gold might get a boost from an unexpected source…grumpy Bitcoin investors.

Through nearly all of 2021, Bitcoin acted like an inflation hedge. As yields surged, so too did Bitcoin’s price. When they fell, Bitcoin dropped.

As we noted earlier this week here in the Digest, this relationship appears to have come to a fiery crash in 2022.

What we’re seeing now is Bitcoin being treated as a risk asset. As yields surge, investors have been dumping Bitcoin.

But they’re not dumping gold.

Below, we look at gold versus Bitcoin since December 1. Bitcoin has lost 27% while gold is up 4%.

Chart showing gold's price rising while bitcoin's price has fallen sharplySource: StockCharts.com

Remember, both of these assets derive their value from one source – emotion.

If we are truly seeing a broad shift toward “risk off” sentiment, all signs point toward gold being considered a stabler storehouse of value than cryptos.

And this could attract some “me too” Bitcoin investors who have been burned and are now looking for something more solid.

(To avoid confusion, we’re bullish on Bitcoin and elite altcoins. The analysis above refers to the mindsets behind investing in the two asset classes.)

***For the second hedge play, consider a bet against bonds

Interest rates have been sliding for four decades. But Eric suggests we could finally see a reversal this year.

From his issue:

As most folks are aware, the CPI inflation rate is running red-hot at a 40-year high of 7%. That means the buyer of a 30-year Treasury bond yielding 2.0% is receiving a robust after-inflation return of minus 5% per year.

That math is not the kind that builds wealth.

Sooner or later, bond buyers might demand more than 2% interest to tie up their money for 30 years… especially because the federal deficit is still running at a $215 billion monthly clip, or $2.6 trillion per year…

Without the price-insensitive Federal Reserve sopping a big chunk of that titanic Treasury bond supply, who will? And at what price?

Someone will buy our bonds, of course. But they might demand a much higher rate of interest to do so.

Eric is quick to point out that a sustained rising rate environment is not a certainty.

In fact, just about everyone is anticipating rates will be much higher a year from today. And longtime investors will likely tell you that when everyone believes the same narrative about the market, surprises often result.

That said, higher rates are enough of a possibility for Eric to feel confident about taking on this trade as a hedge.

If you’re an Investment Report subscriber, be sure to check out your latest issue. Eric details the specific investments he’s recommending for each of these trends plus a few others. To learn more about joining Eric in Investment Reportclick here.

***Wrapping up, who knows what 2022 will bring, but it’s unlikely to offer the huge, broad returns as 2021

Is your portfolio ready for that?

If not, look at the trends we’ve touched on today. They’re likely to provide both returns and an added degree of portfolio hedging.

I’ll give Eric the final word:

Markets are forever and always cyclical. Sometimes cycles take their sweet time to shift direction, but they always do… eventually.

Once upon a time, hedging was a worthwhile activity…

That was before the Fates shifted and began smiling on unhedged strategies.

I believe the Fates may be shifting once again. We’ll see.

Have a good evening,

Jeff Remsburg

The post Portfolio Tweaks for 2022 appeared first on InvestorPlace.












Author: Jeff Remsburg

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Articles

A greener trend for mining

An increasing level of stakeholder pressure has pushed the mining industry to re-think its approaches to environmental, social and governance responsibilities.
Australian…

An increasing level of stakeholder pressure has pushed the mining industry to re-think its approaches to environmental, social and governance responsibilities. Australian Mining speaks with some of the companies and organisations leading the transformation. 

The mining industry is a critical component to a decarbonised world. 

For it to remain essential, companies must adhere to external pressures to cut emissions and go beyond their responsibilities as corporate citizens.

A larger supply of critical minerals for net zero technologies will be needed for electric vehicles (EV), wind farm and solar power technologies if countries are to reach their emissions reduction targets.

Commodities including copper, nickel and rare earth elements will be important to this transformation, but growing stakeholder pressure means mining companies are needing to show a stronger commitment towards environmental, social and governance (ESG) requirements to retain offtake partners and supply chain stability.

ESG standards for mining include energy efficiency, emissions reduction and water efficiency, along with improved worker safety and community relations. 

Stronger ESG standards are also making their mark on other major commodities in Australia, including iron ore and gold, two of the key resources exported from Australia. 

Ernst & Young’s (EY’s) report, Top 10 Business Risks and Opportunities for mining and metals in 2022, reveals environmental and social risks will be the most significant factor for the industry to consider over the next year. 

The report surveyed 200 global mining executives that gave their insights into the risks and opportunities for the industry in the year ahead. 

“Investor and community relations have really changed,” EY global mining and metals leader Paul Mitchell says. “If you went back in time, community relations were down the flagpole and now it’s a factor that boards and CEOs ask questions about, and the importance of that role has increased.”

While the risks are present, there is value to be had by mining companies if they appease ESG demands.

Mining companies including BHP, Fortescue Metals Group and Rio Tinto have also partnered with organisations, including the Cooperative Research Centre for Transformations in Mining Economies (CRC TiME), to drive sustainable change in the industry.

CRC TiME has more than 70 industry partners across the mining and METS (mining equipment, technology and service) sectors, regional development organisations, community and first nations groups, state and federal governments and research partners, all looking to address complex challenges across mine closure and rehabilitation, which are essential aspects to ESG.

The organisation was founded through the Australian Government’s Cooperative Research Centre program in 2020 to improve trust between mining companies, regulators and communities. 

This is being delivered through four research programs that cover regional economic development, risk evaluation and planning, operational solutions and data integration, forecasting and scale. 

CRC TiME associate professor Bryan Maybee is part of the risk, evaluation and planning program, bringing experience in minerals and energy economics from Curtin University. 

Maybee says there is a strong value incentive for mining companies to get their rehabilitation measures completed correctly. 

“Responsible closure is one of the key factors that is used to measure ESG outcomes,” he says. “Instead of looking at a five-year or a 10-year mine life, we actually have to start looking at much longer timeframes, taking into account the life after the mine and think about the future economic use for the land.” 

Without a social licence to operate, mining companies may be at risk of being unable to develop new mining operations across global jurisdictions. 

If a mining company has an effective mine closure plan, government and community groups are more likely to accept a new development.

The risk, evaluation and planning program will aim to gel operational activity with mine closure planning, which requires changes to decision making in response to uncertainty. 

This involves advanced evaluation frameworks for assets, real-time predictive models and planning tools to identify risks. 

In June, CRC TiME initiated a study in collaboration with Fortescue, the University of Western Australia and Curtin University, which focusses on increasing plant nutrients in iron ore waste at Fortescue’s Chichester Hub operation in Western Australia.

The move towards “green” iron ore, which is mined using zero emissions is also a factor that Australia’s largest miners are having to consider.

“People want to know where everything has come from, so it is important to be able to show iron ore is mined in a responsible way,” Maybee says. “Green iron ore for example is becoming an important consideration in retaining customers for your product.

“Being a good corporate citizen being responsible as far as ESG goes, we actually have the opportunity to operate more sustainably.

“An operator that closes their mine responsibly and relinquishes it will build confidence with regulators.”

According to Maybee, stronger environmental outcomes can reduce community unrest related to an operation and therefore boost employee sentiment. 

“By operating in an ESG responsible manner and embedding those factors into the way that we operate you actually can reduce risk, which means smoother, more productive and efficient operations,” Maybee says. 

EY’s top 10 risks and opportunities for 2022. Source: Ernst & Young.

 

Solving the ESG puzzle 

There are several innovative ways that mining companies can boost their ESG compliance outside of progressive mine closures. 

Advancements in Industry 4.0 technologies have delivered real-time and predictive capabilities across the entire mining operation. 

Envirosuite global head, mining and industrial, Matt Scholl says environmental solutions offer more than just compliance for mine sites.

“Any mining company that treats environmental management as a compliance issue only, will be outcompeted by the wave of progressive miners who are already using environmental intelligence to optimise their operations,” Scholl says. 

Envirosuite recognises the importance of environmental management to ESG requirements for mine sites and has developed its environmental intelligence platform, which can optimise plans for weather risks and maintain compliance while reaching specific production goals. 

Environmental intelligence uses data, artificial intelligence and other digital technologies alongside environmental and sustainability research to prevent any environmental impacts. 

For example, the threat of changing weather patterns on an open pit mine could cause an unexpected shutdown. Envirosuite’s platform allows mine sites to develop an awareness of these risks before they occur. 

“ESG performance covers a range of areas, however, a key pillar of ESG centres on environmental management,” Scholl says. 

“ESG ratings are high-level indicators of whether companies have good measures in place to manage these risks. 

“Envirosuite provides real-time and predictive capabilities to help mining companies manage environmental risks while enabling them to optimise production.”

SRK Consulting offers specialised services for the mining industry, including environment, community and mine closure services and water management.

The company was founded in 1974 and has grown to work on more than 20,000 projects worldwide.

SRK also uses data analysis to determine strategies for mining companies to comply with regulations and address environmental and social challenges for a more effective mining operation. 

According to SRK principal consultant (geochemistry) Claire Linklater, stakeholder expectations for ESG requirements are growing. 

“I think those topics are much higher on the social and political agenda and the regulators are starting to become much more informed in these areas,” Linklater says. 

“The people that are financing mining projects pay much more attention to the ESG implications of what’s going on. 

“Poor ESG management can cause mining companies reputational damage on the global stage and might actually impact finance for another project elsewhere. 

“This is especially true of companies operating across multiple jurisdictions and continents.”

SRK can assess environmental risks in the early stages of a mining development to mitigate risks of poor environmental outcomes. 

For example, identification of problematic waste rock volumes during exploration opens up the opportunity to either avoid mining those volumes, or develop waste rock dump designs to control the potential for impacts on water quality once a mine site is up and running. 

By mitigating environmental risks before they occur, mine sites can save costly retrograde solutions down the line and prevent poor ESG ratings from stakeholder groups. 

Stakeholders are painting a clear picture of where mining company ESG requirements need to be to receive support for new developments. 

Through collaboration and the adoption of innovative ESG services, the mining industry will be able to move forward to deliver positive outcomes that are well-received by these groups.  

Australian Mining.


Author: Emily Murphy

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