Global Industry Standard on Tailings Management

Lundin Mining is committed to the implementation of the Global Industry Standard on Tailings Management (GISTM), which is the first global standard on tailings management. 

Briefing workshops and information sessions started in early 2021 and are ongoing.  The existing Lundin Mining tailings governance framework and relevant company policies and standards are being updated to align with the GISTM requirements.  Formal gap analyses are being coordinated and site-level implementation action plans will be developed in 2021. 

Lundin Mining plans for tailings facilities that are classified as having ‘Extreme’ or ‘Very high’ potential consequences of failure, as defined by the Standard, to be in conformance with the GISTM within three years of August 5, 2020, and all other facilities within five years.