Are you above the legal age to view this content in your province/state?

Home / Mining and Minerals / According to mining leaders there will be bigger spread of risks

According to mining leaders there will be bigger spread of risks

Last year’s survey was dominated by environmental, social and governance (ESG), which was seen by 46% of respondents as the key risk, followed by COVID-19 (21%).


ESG remained the top risk for 2022, but only for 24% of respondents.

“The mining industry has found itself caught between two competing themes when it comes to ESG,” White & Case said.

“On one side comes the continued pressure from mining fossil fuels and the recent disasters that have done considerable damage to the entire industry’s reputation, such as the fatal dam collapse in Brazil and the destruction of ancient aboriginal heritage sites in Australia.

“More positively, however, is how the industry has become increasingly adept at making the argument that it is becoming a far cleaner—and more sustainable sector, and with this improved ESG performance—it can be a reliable and trusted partner to mine the materials that will enable the green transition.

“This shift opens up opportunities for the industry going forward, provided individual players can demonstrate their ESG credentials in all respects.”

Resource nationalism, which was only the top risk for 7% in 2021, jumped to second place this year (18%), with 39% expecting Latin America to be the region most affected.

Climate change regulation and shareholder activism and supply chain disruption/labour shortages were new entries and the key concern for 16% and 15% of respondents, respectively.

The Chinese slowdown was concerning to 11% of those surveyed, with energy costs and inflation the biggest risk for 9%.

Respondents were asked what was most likely to keep non-specialist institutional capital invested in the mining sector.

Source

Disclaimer

Investment Value Finders specializes in providing opinions and information on stocks to individuals who wish to receive them. Our reports are construed for information purposes solely and are distributed free of charge to individuals who wish to receive them.


Investment Value Finders does not promote, condone or advocate licit or illicit drug use. Investment Value Finders cannot be held responsible for materials or contests posted on its website pages, or pages to which we provide links, which promote, condone or advocate licit or illicit drug use or illegal activities.


DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS WEBSITE. We are not registered as a securities broker-dealer or an investment adviser. We are neither licensed nor qualified to provide investment advice.


Investment Value Finders occasionally receives direct compensation for hosting links (or other* advertisements) to third party content that may be subject to disclaimer pursuant to Section 17(b) of the Securities Act of 1933. For those instances where the link text contains company or stock-specific mention, we provide the following list of compensation received in order to ensure full disclosure and transparency.


Investment Value Finders is intended for those 21+ years of age only!

Check Also

presenting the battery hill project

Presenting the Battery Hill Project

Battery Hill is a property of Manganese X Energy Corp., which is located in the …