OD6 Metals’ Post

Open for consultation - Draft sector guidance The TNFD invites organisations and interested stakeholders across the metals and mining sectors to provide feedback on the draft guidance currently open for consultation. ⏲️Deadline to submit feedback - 29th March 2024. Feedback is welcome from all types of companies, financial institutions, business associations, scientific and academic institutions, NGOs and other interested stakeholders. ⛏️Draft sector guidance – Metals & mining 🔗https://ow.ly/2FRW50QLAJA Feedback on how to improve the guidance, whether the proposed sector metrics are decision-useful and proportionate, and any suggestions for additional metrics are particularly welcomed. 🔍Discussion paper on conducting advanced scenario analysis 🔗https://ow.ly/HAPY50QLAJz This paper looks at approaches and practical examples to conduct advanced \(quantitative\) scenarios for financial institutions and large corporations. Feedback on the proposed approach and how it could be improved is particularly welcome. The TNFD looks forward to receiving your feedback and contributions to the ongoing development of the TNFD guidance. #TNFD #Mining #Metals #Nature #Biodiversity

I encourage 🇨🇦 Canadian #metal & #mining companies to review and comment on the sector guidance developed by the Taskforce on Nature-related Financial Disclosures (TNFD) aimed at helping the industry to better assess and disclose their dependencies and impact on nature.

Vale Picks Mining Veteran Usmar to Lead Base Metals Turnaround Vale has appointed mining veteran Deshnee Naidoo as the new CEO to lead the turnaround of its base metals division. With extensive experience in the industry, Naidoo is expected to drive operational improvements and strategic growth. This move is part of Vale's broader efforts to enhance performance and unlock value in its base metals business, which includes nickel and copper operations. Source: https://lnkd.in/gMYX7NCr #Vale #MiningNews #BaseMetals #DeshneeNaidoo #Nickel #Copper #Leadership #MiningIndustry #StrategicGrowth #OperationalExcellence #Sustainability #Innovation #MetalsMarket #IndustryNews #BusinessTransformation #MiningLeadership #IntheNewstoday

“Sustainability information is comparable when it is consistent over time and, to the greatest extent possible, presented in a way that enables comparisons between undertakings (across sectors and within a specific sector). A point of reference for comparison can be a target, a baseline, an industry benchmark, comparable information from either other entities or from an internationally recognized organisation, etc.” From: ESRS General Principles. Aligned with these ESRS requirements, the following graph shows asset-level detail of revenue intensity (USD/m3 water consumption) for a total of 300 Billion USD annual revenue in metal mining. This represents a benchmark of water consumption’s financial impact at minesite level site’s Aqueduct Baseline Water Stress. Have a look at the Skarn Associates article "are you ready for ESRS?" on https://lnkd.in/dKsZSp9X for more insights on the implications for the mining sector of #ESRS disclosure requirements. #water #mining #icmm #gri #ESRS #sustainability #finance

We envision these projects as the catalysts for transformative change in the Philippines, particularly in addressing the critical minerals the world will demand in the coming years. The Philippines stands as the largest ore exporter to China, predominantly supplying Tshingshan Holdings, the world's leading nickel and rare earth producer. This heavy reliance has exposed a pressing issue: the exploitation of our rich laterite ore reserves without substantial local benefit. In five years, the global demand for nickel, cobalt, copper, and rare earth elements will surge, driven by the relentless advance of OEM semiconductor technology and the urgent need for sustainable energy solutions. The lands of South Palawan, blessed with a wealth of these critical minerals, hold the key to this future. However, without strategic intervention, this wealth risks being depleted with little regard for long-term national prosperity or environmental stewardship. Our projects aim to shift this narrative. By harnessing the full potential of South Palawan's mineral wealth, we can ensure that the Philippines not only meets global demands but also secures a sustainable and prosperous future for its people. These initiatives will promote responsible mining practices, create jobs, and foster economic growth, all while preserving our natural resources. Together, we can transform the Philippine mining sector into a beacon of innovation, sustainability, and national pride, setting a new standard for the world to follow.

Join Gary Poxleitner P.Eng PMP as he defines what a cut-off grade (COG) is and the linkage between COG and how it supports, or hinders, attaining your overall corporate objectives.  CIM | Canadian Institute of Mining, Metallurgy and Petroleum #mining #cutoffgrade #mineralresources #mineplanning #miningindustry

In a world of significant change, critical metals have seen big challenges and uncertainty. Out of the uncertainties comes great opportunities for Australian critical metal miners to shape their future success. In our special report for Diggers & Dealers Mining Forum we look at the industry and some key actions that companies should consider. Nicki Ivory Tim Richards Matt Judkins Celia Hayes Monica Juricev Stephen Gibson Mark Upton #diggersanddealers #deloitte https://lnkd.in/gMZ5-Qag

Deeper deposits mean more expensive mines to build, and higher operation costs. What comes to mind when you look at this chart? 🔹 BHP GROUP LIMITED | BHP 🔹 Rio Tinto LIMITED | RIO 📊 Mineral Economics #copper #EnergyTransition #mining

How do you find the metals and minerals when there’s no money to explore? The demand is there - our country’s ambitious goals need minerals and metals. But the money’s not there to support exploration. Canadian investment in mining specialist funds dropped 80% in the last 12 years. If you want to be part of the winds of change, now’s the time to invest in mining! https://lnkd.in/gcazQ-eM

🚀 #InvestmentOpportunity Alert: ASX Mining shares are on the rise! Firefly Metals Ltd sees a 16% jump following #HighGrade exploration results at Green Bay. Meanwhile, WA1 Resources Ltd's shares surge 21% with promising metallurgical advancements at the Luni deposit. 📈 These buoyant strides reflect a potentially bullish trend for the #MiningSector on the ASX, driven by innovative exploration and processing techniques. 💎🛠️ Could this mark a new era of profitability and sustainability in mining? Investors, it's time to keep a watchful eye on these developments! 🔍 Read more about the potential upward momentum for mining stocks: https://lnkd.in/gVPxKuXg #ASX #MiningShares #ResourceExpansion #SustainableMining #Profitability #MarketTrends #Investing #Finance #Economics