Mining group works with U.N., ethical investors to tackle tailings (Reuters U.S. – March 27, 2019)

LONDON (Reuters) – A group bringing together the world’s biggest listed miners on Wednesday said it was working with the United Nations Environment Programme (UNEP) and ethical investors to help agree a global standard for tailings dams.

The safety of dams used to store mining waste known as tailings became more high profile after the collapse of a Vale tailings dam in Brazil in January killed an estimated 300 people.

Vale and other major miners, including Rio Tinto, BHP and Glencore, are members of the industry body International Council on Mining and Metals (ICMM), which met in London on Wednesday to debate tailings safety.

In a statement on its website, the ICMM said it was working with the UNEP and the Principles for Responsible Investment (PRI), a group that brings together ethical investors overseeing around $80 trillion worth of investments.

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