Anglo American is making progress towards meeting the Global Industry Standard on Tailings Management (GISTM) at 12 of its tailings storage facilities (TSFs) that are currently within the two highest potential consequence categories.
The GISTM is the first global standard for managing tailings facilities.
Its goal is to cause no harm to people or the environment by combining social, environmental, local economic, and technical factors for each site.
Anglo American chief executive Duncan Wanblad said that the group has made a lot of progress towards GISTM compliance in the last three years, building on their already high technical standards.
“We continue our prudent approach to align with a number of specific GISTM requirements, as well as the social and community aspects that are already encompassed in our comprehensive Social Way management system. We are addressing the few outstanding areas and have set out the work needed to get us there,” he said.
“As an industry, we have a clear ethical imperative to do everything possible to ensure that TSFs are managed to the highest standards as we work together to build greater levels of trust with all our stakeholders. GISTM’s role in driving continuous improvement across the industry with full transparency is beyond doubt.”
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished