Hennie Faul said in an interview with Fastmarkets as part of the annual Cesco industry week in Santiago, Chile, that the dam failure at the Feijão iron ore mine in the city of Brumadinho
, in the state of Minas Gerais in southeast Brazil, in January should never have happened and casts a light on all mining companies and their reputations.
“The International Council on Mining and Metals (ICMM) already had certain standards in place for tailings dams and had called for looking at putting in place critical controls. But these standards are not mandatory so each company has to decide whether they want to implement them,” Faul said.
“So is it a wake up call for the mining industry? I certainly think for some it was. For...