Prince Adekunle Adeya’s Post

ESG Mining - The Global Investor Commission on Mining 2030 London, 22nd November 2023: The Global Investor Commission on Mining 2030, a collaborative investor-led initiative, today announces that it has already received the support of 82 investors with over $11 trillion in assets under management and advisement for its mission to develop a vision for a socially and environmentally responsible mining sector by 2030. Some of the world’s leading Asset Owners and Fund Managers have come together to support the Global Investor Commission on Mining 2030, also known as the Mining 2030 Commission, including Dutch fund APG-AM ($589b), Canadian fund CDPQ ($309b), US fund CalSTRS ($307b), UK fund Scottish Widows ($206b), UK fund USS ($109b), as well as managers LGIM ($1.47trn), Abrdn ($467b), AVIVA ($270b), South African manager Ninety One ($175b) and the Australian Council for Superannuation Investors (ACSI – whose members have $1trn in AUM). #mining #sustainability #esg #edenam

🌍 Embracing Mining for a Greener Tomorrow 🪙   "In the mining industry, companies often adopt a shortsighted approach to their operations. Their primary focus revolves around identifying and exploiting opportunities that promise immediate economic gains. This limited perspective, however, tends to overlook the broader implications of their actions. Mining extends beyond profit maximization; it plays a crucial role in creating and disseminating wealth that can benefit a wider population. This multifaceted dimension of the industry highlights the pressing need for a more comprehensive and sustainable approach to mining practices. Such an approach should factor in the long-term well-being of both the industry and the communities it touches, contributing to a more equitable and prosperous future for all. This represents the core philosophy I aspire to uphold in my business practices.” - Dana Kallasch, CEO and Co-Founder of Commodity Capital AG   In line with this, BlackRock, the world's largest asset manager, is sounding the alarm in the mining sector. They emphasize the critical role of mining in the green transition and the potential risks of investor reluctance. Read the full article here: https://lnkd.in/emZ9m5Sc   #Sustainability #Investing #Mining #BlackRock

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)

See US #shale sector pre- and post-2020 for possible business-model analogues. The Financial Times on #renewable #energy's supply-chain challenges: "Many #investors are still wary of the [#mining] sector because of its inherently #cyclical nature and since the industry squandered billions of dollars on ambitious projects and #takeovers during the #commodities #boom to feed the rise of China during the 2000s. As a result, most #mining companies failed to generate #positive #returns despite record-high commodity #prices at the time, losing the trust of institutional #investors."

As Elliott Management dives into global mining investment with its newly launched Hyperion platform, it’s clear that alternative investors’ interest in mining isn’t slowing down any time soon. Between geopolitical and environmental considerations, however, navigating the unique challenges of global mining presents substantial risk. Click below to learn how investors’ new mining thesis is all thanks to the growing push for clean energy and electric vehicles. https://lnkd.in/ektkV5XS

According to one of the sector's most influencial investors, BlackRock's Global Head of Thematic and Sector Investing Evy H., investors are missing a big opportunity to profit from the energy transition because they have an outdated view of the metals and minerals industry - Bloomberg Fuse Minerals Ltd is a junior base-metals explorer, planning to list on the #ASX through an #IPO this year. #metals #minerals #mining #media #opportunity #investors #profit

The #mining & #metals sector, long perceived as an old-fashioned heavy industry, is embracing technological #innovation and new forms of partnership as it seeks to harness productivity growth and the energy transition. Read our latest insight here: https://ow.ly/cUaG50QMgZC. #ivanhoeelectric

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 

The #mining & #metals sector, long perceived as an old-fashioned heavy industry, is embracing technological #innovation and new forms of partnership as it seeks to harness productivity growth and the energy transition. Read our latest insight here: https://ow.ly/ygmf50QMj5r. #ivanhoeelectric

Many mining companies are making a costly mistake: jumping to new projects before optimizing their current production. Developing future projects is important, but driving asset productivity is often the best way to maximize profitability. Find out how to balance future growth and current profitability in our newest mining viewpoint on the energy transition: #Energy #Mining #Sustainability #ESG