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The likes of Apple and Tesla are being heavily scrutinised
Mark Bristow to confirm the integrity of their entire supply chain
by 2050. the products of mining; the essential raw working standards.
“The World Bank supports a low-car- material to modern life; whether PGMs in At Barrick Gold Corp, chief executive
bon transition where mining is climate- hydrogen fuel cells or copper in renewa- Mark Bristow is implementing the social
smart and value chains are sustainable bles and EVs. licence standards which served his pre-
and green. Developing countries can “We need to connect the future of min- vious company, Randgold Resources,
play a leading role in this transition: de- ing with emerging and next generation so well on the African continent.
veloping strategic minerals in a way that societal values, including transparency, “To Barrick, securing and maintaining
respects communities, ecosystems and sustainability, shared prosperity and its operations’ social license is a strate-
the environment. Countries with stra- technological innovation. gic imperative, a core part of our busi-
tegic minerals have a real opportunity Rio Tinto and BHP have adopted a ness and just not another box to tick.
to benefit from the global shift to clean similar approach, moving their strategies With major investors now placing ESG
energy,” the Bank’s senior director and towards commodities such as copper at the heart of their decision-making, the
head of the Energy and Extractives and lithium, and implementing carbon- rest of the industry will have to follow our
Global Practice, Riccardo Puliti, said. neutral goals for the middle of the centu- lead.”
Cutifani is positioning Anglo American ry. Miners are also ensuring their supply It is a far cry from a miner’s ESG com-
to take advantage of this new-found pur- chains are free of social and governance mitments running to half a slide in a cor-
pose for mining. issues. porate presentation but if it ultimately
“It astounds me to hear talk of a world In 2018, De Beers introduced its leads to attracting a new generation of
where mining doesn’t exist,” he said. GemFair initiative, a pilot programme investors, employees and supporters,
“The mining industry enables life as we designed to remove “conflict diamonds” the embracing of ESG issues could be
know it. We are key to powering human and connect artisanal and small-scale the smartest decision the sector has
progress. The transformation to a low- miners to global markets through digi- made in a generation.
carbon economy can’t happen without tal technology and assurance of ethical
– Dominic Piper
There was no hotter topic at Mining Indaba than holding the mining
industry accountable for their actions
aUSTRaLIa’S PaYDIRT MaRCH 2020 Page 29

