abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

20 Oct 2011

Author:
Natasha Odendaal, Mining Weekly [So. Africa]

The business case for mining, managing environment simultaneously [So. Africa]

The development of green mining initiatives and more environment-friendly projects will become an increasingly economically viable option for the mining industry, commentators indicate...While, initially, it may be costly to initiate or implement environmental programmes to comply with South Africa’s environmental legislation, the long-term benefits...could be a more viable option for the industry, they suggest...Investment access is more readily available for environment-friendly projects...Further, noncompliance with the environmental legislation...can also be costly over the long term to the mining industry and may result in the directors of the offending companies being held liable, companies shutting down, operation stoppages, delays or having licences revoked, huge legal bills, increased penalties, loss of investment and lawyers’ fees, all of which can be avoided. [refers to Ecca, AngloGold Ashanti, Motjoli Resources, Pan-African Capital, Deloitte & Touche, Eskom, Nedbank, Ernst & Young, Anglo American, BHP Billiton, First Quantum Minerals, Gold Field, Coal of Africa Limited]

Privacy information

This site uses cookies and other web storage technologies. You can set your privacy choices below. Changes will take effect immediately.

For more information on our use of web storage, please refer to our Data Usage and Cookies Policy

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Your privacy choices for this site

This site uses cookies and other web storage technologies to enhance your experience beyond necessary core functionality.