About a tenth of the world’s tailing dams have had stability issues

A global inquiry into mining waste storage systems of more than 700 resources companies, launched in April after the collapse of a dam in Brazil that killed hundreds, shows about a tenth of the structures have had stability issues.

The research, led by the Church of England (CoE) and fund managers, reveals that at least 166 of 1,635 dams holding mining waste — tailings — have had safety issues in the past.

The group noted it’s unclear how severe those issues had been and the miners said the problems had been addressed.

The results of the inquiry are only partial, as they only reflect disclosures from less than half of the 726 companies contacted following the collapse of Vale’s Brumadinho dam in January, which killed at least 250 people.

Companies addressed included major industry names such as BHP, Rio Tinto, Anglo American, Glencore and Vale itself, which were asked to publicly disclose their dams’ size, construction methods and safety records.

All the major listed miners have already replied. Three of them did so shortly after the inquiry was launched, unveiling they owned tailings dams considered high or extreme-risk in the event of a catastrophic failure. High-risk indicates dams that would have an immediate impact upon failure, and could cause the deaths of at least 10 people, while extreme-risk dams could cause the deaths of 100 or more people if they fail.

The facilities in question included four “extreme-risk” dams at BHP’s Olympic Dam mine, Mount Whaleback mine, Pilbara mine and Leinster mine. Two tailings dams at Rio Tinto’s Andoom and Torro mines in Queensland have been deemed ‘high-risk’, along with two dams at Glencore’s Mount Isa mining complex.

While those high-risk facilities made the headlines in Australian media, the risk assessment for these dams related to the damage in case of failure, not the likelihood that they will collapse.

Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.

There are about 3,500 tailings dams around the world. Unlike the ones used to build reservoirs or hydroelectric projects, tailings dams are not usually made from reinforced concrete or stone. They are mostly constructed from the waste material left over from mining operations, which — depending on the type of mine — can be toxic.

Only three countries in the world ban upstream dams — Chile, Peru, and now Brazil. Chile, the world’s No.1 copper producer, also regulates the minimum distance between dams and urban centres. But the nation still has 740 tailings deposits, only 101 of which are active, with the rest abandoned or inactive, according to data from mining agency Sernageomin.

The results of the inquiry come as global investors are increasingly focused on ensuring mining companies reduce their environmental footprint, improve their governance and reduce the number of fatalities. Other than CoE, the group carrying out the inquiry (representing more than $13.5 trillion assets under management) includes Swedish Pension funds, Dutch funds APG and Robeco, the UK’s LGPS Central fund, New Zealand Super, and BMO Global Asset Management.

from MINING.COM https://ift.tt/2PJQMJZ