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(Reuters) - The most widespread type of dam used to store mine waste is nearly twice as unstable as the average tailings facility, a global study showed on Friday, highlighting the risk of so-called “upstream” construction techniques that some countries have banned.
FILE PHOTO: A view of the Brazilian mining company Vale s tailings dam, two years after it collapsed, in Brumadinho, Minas Gerais state, Brazil, January 23, 2021. Picture taken with a drone January 23, 2021. REUTERS/Leonardo Benassatto
Concern over tailings dams intensified after the deadly collapse of Vale’s Brumadinho upstream facility in January 2019.
Some 10% of all the facilities surveyed had reported a stability issue, the authors found, but that figure jumped to 18.3% for active upstream facilities.
Upstream Mine Tailings Dams Pose Higher Risks of Instability: Study
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Upstream tailings dams pose much higher stability risks, study finds
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2 U.K. pension execs take on ESG investing in new podcast
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Want to know what pension fund executives really think about developments in responsible investment? Now you can find out, thanks to a new podcast launched by two U.K. executives who focus on the topic.
David Hickey, portfolio manager at the £8 billion ($11 billion) Lothian Pension Fund, Edinburgh, and Adam Matthews, director of ethics and engagement at the more than £3 billion Church of England Pensions Board, London, hosted their first Talking Responsibly podcast on Feb. 11.
The two are both passionate about the work they do in responsible investment and spend a lot of time discussing the nuance, with one another and others, Mr. Hickey said.