Dr Nelson Chipangamate (PhD)’s Post

Good piece that shines light on the crux of the matter: the mining sector is largely underweighted for the wrong reasons. We need less investment from institutional investors in ESG funds and more into mining. Where I disagree with Tom Wilson is that even if a BHP/AAL would not increase copper production, it would create scale, and that's essential for investment in physical assets and from a financial relevance point of view for investors. Too many investors and banks just have the wrong or misinformed perception of the sector. Just look at the massive breakthroughs the large miners are delivering across carbon intensity, steel decarbonisation electrification of the fleet, etc.. Natural resources companies and Mining are essential to the net zero solution. #nonmetalsnotransition https://lnkd.in/ebjwJP7Y

"KPMG is certainly seeing an increase in demand for our services around ESG strategy and decarbonization." Heather Cheeseman, Partner and National Mining Leader at KPMG Canada discusses rising demand for ESG and decarbonization services in mining, critical minerals supply chains and workforce development. KPMG #ESGStrategy #Decarbonization #GBR #OntatioMining #CriticalMinerals #SupplyChain #Canada #EnergyTransition #Diversity

Green energy transition is threatened by a lack of mining investment. This article provides some good facts and thoughts why mining investment delivers great returns for both your portfolio an the climate - some highlights of the article: ⚒️ "The demand for metals and materials is poised to surpass all prior estimates" ⚒️ "BHP, Rio Tinto, Glencore, Anglo American and Vale have an average price to forward earnings ratio of 8.5 times versus 18.5 for the S&P 500" ⚒️ " Many investors are still wary of the sector because of its inherently cyclical nature and since the industry squandered billions of dollars on ambitious projects [...] during the 2000s. [...] After [...] the sector’s chief executives have focused on discipline." The article might be behind a paywall (FT seems to toggle this)

Mining firms, especially in Australia, are under pressure to achieve net-zero emissions by 2050. Digital transformation and sustainability go hand in hand, aiding in #ESG reporting and operational efficiency. A sustainable IT strategy, including robust monitoring, is crucial for reducing carbon footprint and aligning with ESG goals. By integrating IT monitoring technology, mining companies can lead the charge towards a greener future. Let's measure, manage, and make strides towards sustainability. Read more: https://lnkd.in/g7vSe-R4 Qenta’s Responsible Gold offering encourages best in class ESG practices in the #gold mining sector. The objective is to promote #transparency and #traceability in the gold supply chain to promote economic growth and support ESG practices to achieve #net-zero climate commitments. Read more here: https://lnkd.in/dFangG_3 

📣 Major news from the mining sector: Teck Resources Limited has inked a monumental $9B deal to sell its steelmaking coal business, Elk Valley Resources, to Glencore, Nippon Steel Corporation and POSCO. 🌍 🔗 Read the full story for insights on Teck's future direction and the impact of this landmark transaction: https://lnkd.in/gd8Mmb4S

Aligned pay-for-performance post #5: The Value Team: Mining Exploration and Development $200mm to $2b   This is our second mining sector report, where we highlight Metals and Mining exploration and development companies that have generated the highest shareholder value relative to CEO compensation. As these are non-revenue producing companies, our financial metrics have been pared down to include value creation, TSR and dilution. For this group of companies, the average CEO compensation $1,003,941. Interested in learning more? We have historical compensation and financial performance data for every public company in North America and we can create a customized report for your specific needs. You can access the full report on our website Reports — Aligned Compensation Inc. Enjoy!   American Lithium Corp. Canada Nickel Company Amerigo Resources (TSX: ARG) (OTCQX: ARREF) Colonial Coal International Corp (CAD) Desert Mountain Energy Corp Discovery Silver Corp. TSX:DSV, OTCQX:DSVSF Dolly Varden Silver Corp. Eloro Resources Ltd Entree Resources Ltd Frontier Lithium Gabriel Resources GoldMining Inc. (TSX: GOLD) (NYSE: GLDG) NextSource Materials Inc. NioCorp Developments Patriot Battery Metals Rupert Resources Talon Metals Corp. Tudor Gold Corp. Western Copper and Gold

A new Fastmarkets report shows that #ESG-focused Australian miners are facing competition from cheaper producers abroad. With investors placing increasing value on environmental, social and governance (ESG) issues, mining companies are having to choose between maintaining competitive production and promoting ESG principles. That's the topic explored in an August 8 report from Callum Perry, Solomon Cefai, Alice Li and Laura Roberts of Fastmarkets. In it, they outline the conundrum facing Australia's #mining industry and the impact it's having. The report mentions Rio Tinto (ASX:RIO, NYSE:RIO, @LSE:RIO), BHP (ASX: BHP, NYSE: BHP, LSE:BHP) and Fortescue (ASX:FMG,@OTCQX: FSUMF), which have committed to net-zero greenhouse gas emissions by 2050. Rio Tinto is aiming to reduce its emissions by 50 percent by 2030, and BHP has set a target of a 30 percent reduction by the same year. Fortescue has an even more ambitious target of 90 percent. https://lnkd.in/gd2Z_qPs

Environmental, social and governance (ESG) issues continue to dominate the list of worries among global mining executives. Which strategies will truly move the industry forward in a responsible direction? From March 3 to 6, our PDAC 2024 team of professionals will shine a light on these and other pressing topics, providing insight on compliance obligations and responsible-business practices designed for success. Connect with our team to find out more on our seminar program for PDAC 2024: https://bit.ly/3UEUgyP - See you at PDAC! #gwlgTO #PDAC2024 #mining #criticalminerals #ESG

🌍 ⛏️📊🌱 Redefining Resources: How ESG Standards are Transforming the Mining Industry The escalating significance of ESG considerations in the mining sector is evident, with recent surveys highlighting ESG as both a top risk and opportunity for the industry. Effective management of these concerns is increasingly guided by comprehensive ESG frameworks which provide critical support in navigating the complex landscape influenced by regulatory demands and societal expectations. Notably, frameworks like the Initiative for Responsible Mining Assurance (IRMA), the International Council on Mining and Metals (ICMM), and Towards Sustainable Mining (TSM) offer essential tools for addressing ESG risks and enhancing sustainable performance. These frameworks not only facilitate standardised reporting and compliance but also bolster transparency and stakeholder trust, thereby contributing to long-term value creation. As the industry strives for greater cross-recognition and consolidation of these standards, the path towards unified and streamlined compliance looks promising. Such efforts are instrumental in ensuring that mining practices are both responsible and profitable, aligning with broader sustainability goals. #esg #sustainablemining #miningindustry #sustainability #corporateresponsibility #environmentalImpact #socialgovernance #greenmining #resourcemanagement https://lnkd.in/dm9mZb8Y

SIBANYE-STILLWATER’S COST-CUTTING MEASURES TO SAVE R6.6 BILLION ANNUALLY Green metals and gold mining company Sibanye-Stillwater has implemented measures to address loss-making assets, which are expected to secure annual savings and capital expenditure deferrals of R6.6 billion, announced Chairperson Dr. Vincent Maphai at the company’s online AGM on Tuesday. The Johannesburg- and New York-listed platinum group metals major is focusing on strategic essentials, such as reducing operating and capital costs and improving efficiencies. While prepared for an extended period of low prices, the company remains optimistic about the outlook for its produced metals. Despite the low prices, Sibanye-Stillwater, which…READ MORE HERE https://lnkd.in/dr-zvvKG