Misael Cabrera, PE’s Post

The #social and #environmental #performance of mining organisations is increasingly being linked to financial performance, a link that has been missing from practice and scientifically under-theorised. Environmental and social performance are no longer icing, but the cake of doing #miningbusiness. Voconiq engagement science has taken centre-stage in this emerging development. #localvoices #sociallicence #communityengagement #investinginmining #sustainablemining

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

📣 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

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 

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)

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

"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

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

From compliance to competitive edge: How carbon credits shape the mining industry's future? The article from MINING.COM discusses the increasing integration of carbon credits into the mining industry as a strategic approach to meet net-zero emissions goals. Alex Pernin, CEO of Star Royalties, emphasizes the dual benefits of carbon credits: They promote environmental responsibility and enhance the financial viability of mining projects. The concept of carbon credits serves as a crucial tool for miners to incentivize emission reductions, fulfill regulatory obligations, and access new financial opportunities. However, integrating carbon credits into mining operations introduces new dimensions to risk management and insurance. Mining companies must navigate different jurisdictions' complex and varied regulatory environments, which can impact the viability and recognition of carbon credit projects. A thorough risk assessment strategy is needed to identify and develop carbon offset projects that align with specific operational goals and regulatory frameworks. Insurance products have been developed to cover the risks of developing and implementing carbon credit projects. More on this topic in this article: https://www.mining[com]/carbon-credits-and-mining-paving-the-way-for-net-zero-goals-and-sustainable-strategies/ (replace '[com]' with '.com' in your browser) #MiningIndustry #CarbonCredits #NetZeroGoals #SustainableMining #EnvironmentalResponsibility #FinancialViability #RiskManagement #EmissionReduction #ClimateChange

The mining sector, essential for global development, faces complex legal, environmental, and funding challenges. Webber Wentzel partners Rashaad Carrim and Shirleen Ritchie highlight the industry's shift from traditional capital investments to innovative funding sources like royalty arrangements and streaming. #yourafricalegal #africalegallearn #GCForumMI24