- Energy Transition: Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’
- Africa: BW Offshore wraps up much-anticipated sale of Nigerian FPSO
- Senegal: European JV aims to revolutionize country’s power infrastructure
- Congo: Eni, Lukoil, and SNPC ink LNG sale and purchase agreement in a ‘significant milestone’
- Aramco CEO calls for ‘more realistic and robust’ multi-source plan in global energy transition
The International Council of Mining and Metals says it will establish an independent panel to set global standards for tailings dam design and maintenance, in the wake of last month’s devastating collapse of a structure in Brazil killed hundreds of people.
Currently there are no established global mining industry standards defining what a tailings dam is, how to build one and how to care for it after it is decommissioned.
The new standards will be binding for all members, including Vale (NYSE:VALE), which has been criticized for lax oversight of its tailings dam facilities.