Tailings risks: maintaining momentum
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Two years after the tailings dam burst in Brumadinho, Brazil, the mining industry has shown its willingness to take the issue of global tailings risks seriously. But the challenges remain great, if one considers the vast numbers of abandoned sites, the profit motive driving corporate decision-making, and the way that regulators have allowed companies to walk away from their responsibilities and externalise costs to society and future generations. The proposed establishment of an independent Global Tailings Institute is an opportunity to promote a more ambitious Global Industry Standard on Tailings Management, re-build trust in the industry, and use its independent status to foster inclusive international collaboration.