ICMM member firms are set to publish their progress in the direction of conformance with the World Business Normal on Tailings Administration (GISTM) by August 5, 2025, with the ICMM set to consolidate knowledge from members on their conformance to the GISTM as soon as they’re printed.
The GISTM was developed after the tragic failure of a tailings facility at Brumadinho, Brazil, in 2019, via an unbiased course of convened by ICMM, the United Nations Surroundings Programme (UNEP) and Rules for Accountable Funding (PRI). Setting a excessive bar for conformance, it comprises 77 necessities integrating social, environmental, native financial and technical concerns which try to realize the purpose of zero hurt to folks and the atmosphere.
When it was printed in August 2020, ICMM members dedicated that each one of their relevant amenities would conform with the GISTM by August 2025. ICMM members will disclose the standing of conformance for every facility, and a abstract of time-bound measures to deal with any gaps, alongside the GISTM mandated disclosures on or earlier than August 5, 2025.
Aidan Davy, co-COO, ICMM, stated: “ICMM members have an unequivocal dedication to implementing and reaching conformance with the GISTM. The usual units a really excessive bar, and we consider that its implementation has already resulted in transformative enhancements throughout our members and past in tailings engineering, administration, governance and the combination of geotechnical, environmental and social concerns.
“We are going to consolidate knowledge from member disclosures on their conformance to the GISTM as soon as they’re printed. For transparency on our member’s collective progress and to assist share good follow from implementation for the broader trade, ICMM will publish a tailings progress report later this yr.”
ICMM says it stays dedicated to driving collective progress within the protected, accountable and clear administration of tailings via fostering collaboration and facilitating shared studying throughout the trade.
Along with UNEP and PRI, ICMM is at the moment supporting the institution of the World Tailings Administration Institute (GTMI), which launched in January 2025. The GTMI is an unbiased, multi-stakeholder organisation aiming to enhance the protection of mine tailings amenities worldwide by managing an unbiased auditing and certification course of in opposition to the necessities of the GISTM.
The GTMI, which will probably be primarily based in Johannesburg, South Africa, will handle an assurance framework the place tailings amenities will probably be independently audited and authorized in opposition to the GISTM by certified, unbiased third-party assessors.
