The assurance framework known as the Copper Mark, awarded to companies which can prove several responsible production practices, has been given so far to 17 mining sites, representing around 10% of global copper production, Brülhart said on Friday December 3.
The world’s largest copper mine, BHP’s Escondida operation in Chile, has most recently been awarded the Copper Mark together with the company’s Spence and Olympic Dam operations.
Other sites that have achieved the certification – set up in December 2019 – include Freeport McMoRan’s Cerro Verde mine in Peru, Rio Tinto’s Oyu Tolgoi deposit in Mongolia, Antofagasta’s Minera Centinela in Chile and KGHM’s Glogów and Legnica refineries in Poland.
“Responsible production practices will become the norm and the expectation to achieve market access and access to finance, and also in the case of mining, to maintain your social license to operate,” Brülhart said.
“Whether you demonstrate responsible practices using the...