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Glencore makes disclosure on tailings storage

Glencore has launched a microsite that provides detailed information on its tailings storage facilities (TSFs).

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The tailing dam collapse at Vale’s Brumadinho mine has heightened awareness
The tailing dam collapse at Vale’s Brumadinho mine has heightened awareness

“Earlier this year, the world was shocked by the tragic and devastating impact of the Brumadinho dam failure in Brazil,” the miner said. “Quite rightly, the mining sector’s investors and communities subsequently called on extractive companies to increase their disclosure on their TSFs.”

 

Glencore said it was committed to operating in a responsible manner across all aspects of its business, including the management of the waste generated from our mining activities.

 

“A TSF failure is unacceptable and represents a catastrophic risk. We review our catastrophic risks to understand whether they are adequately controlled and put in place appropriate management and mitigation measures.”

 

The company utilises a group-wide approach to evaluating exposure to and the controls associated with all identified catastrophic hazards. The programme uses third-party expertise with the aim of ensuring that “leading practice” is incorporated into its approach.

 

For a number of years, TSFs have been part of Glencore’s catastrophic hazard evaluation programme, and have drawn on external expertise applying leading standards from Canadian Dam Association (CDA), International Commission on Large Dams (ICOLD) and Australian National Committee on Large Dams (ANCOLD).

 

“Our group-wide dam integrity and safety assurance programme involves an assessment against over 100 dam safety and leading practice criteria.

 

“As part of our approach, we utilise the services of Klohn Crippen Berger, one of the world’s leading experts on TSF assurance, to independently audit and assess the integrity and safety of our TSFs.

 

“In addition, assets are required to conduct regular dam safety inspections, as well as undertaking independent dam safety audits.”

 

Launching the microsite, Ivan Glasenberg, CEO, said, “Safety is a core value at Glencore. The safety of our workforce and the communities living around our assets is a priority during all of our operational activities. Appropriately managing the safety of our TSFs is part of our commitment to act as a responsible operator and to minimise our direct and indirect impacts on the environment.”

 

The TSF microsite can be accessed here.

 

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