The Global Tailings Review updateCo-conveners of the Global Tailings Review (GTR) – the International Council on Mining and Metals (ICMM), the United Nations Environment Programme (UNEP) and the Principles for Responsible Investment (PRI) – have endorsed the first Global Industry Standard on Tailings Dams. GTR said the global standard, which will be launched on August 6th, will establish “much needed robust requirements for the safer management of both existing and new tailings facilities globally”. In a joint statement, Adam Matthews, director of ethics and engagement for the Church of England Pensions Board (CEPB), and John Howchin, from the Council of Ethics of the Swedish National Pension Funds, said:
“For decades people have called for a global standard that can drive best practice. It is tragic that it has taken the Brumadinho disaster to make this happen.”
“We expect all mining companies to comply with this framework, and responsible investors looking to address the risks of tailings failure now have a responsibility to drive implementation, incorporating the standard into stewardship and active ownership strategies.”According to GTR, the next steps are to finalise reports that will provide additional detail, context, background and recommendations on the standard. The standard will be published once it has been translated and all accompanying documents are ready. GTR expects to publish these in the coming weeks.
How to prepare for the upcoming Global Industry Standard on Tailings Dams
How to prepare for the Global Industry Standard on Tailings Dams
Decipher CEO, Anthony Walker believes mining companies can start preparing for the upcoming Global Industry Standard on Tailings Dams by ensuring that their tailings data is stored and updated in a central location, available in the right format, and ensuring that the approvals and sign-offs are done on time. This will enable companies to effectively analyse and review their tailings data.
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Effectively monitor your tailings storage facility with DecipherDecipher is designed to provide you with key data and insights, enabling you to effectively monitor your TSF and your environmental obligations and compliance. Our solution can be securely accessed by industry, regulators, designers and operators involved in the management of TSFs. Decipher offers a comprehensive and functionally rich solution which combines regulatory (Compliance Management Software), mining waste management, stakeholder engagement, environmental monitoring, and environmental management system (EMS) tools to assist with tailings management:
- View real-time data and receive exceedance alerts
- Monitor land movement with remote sensing and InSAR datasets
- Visualise real-time LiDAR data with insights into dam movement
- Securely store and access all of your tailings data in the one place
- Upload and reference key documentation
- Visualise facilities across multiple sites in a single screen on a geospatial map
- Monitor your facilities with InSAR, LiDAR, DEM and more
- Capture a wide range of monitoring data and indicators such as surface and groundwater, decant pond water levels and quality, and embankment conditions
- Capture and track obligations and conditions around your licence to operate to manage your key risks and actions
- Action and task delegation for data collection with reminders
- Maintain and track environmental monitoring compliance limits and exceedances
- Manage and engage with all of your stakeholders with one central repository
- Convert your engagements into actionable outcomes
- Forecast, plan and track your sites activities using IBM’s Weather data
- Create corporate report templates and meet requests for data provision from industry groups such as ICMM, Global Tailings Portal, PRI and UNEP
- Integration capability with third party systems or public portals such as the Global Tailings Portal
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