African Mining February 2020 | Page 34

 RISK MANAGEMENT and conflict with local communities. Mines may even find their transportation routes affected. Water and electricity supply may become unreliable and more expensive. felt, so it is also vital to apply adaptation measures. This includes designing infrastructure to cater for impacts such as more frequent and extreme storm events. Mining companies themselves are already designing for natural disasters like floods; we are seeing this planning and design taking place in study phases, as mines acknowledge the growing frequency of these disasters. In one example, a mine’s infrastructure is being designed for 1-in-200-year flood event, where previously a 1-in-50-year design may have been considered sufficient. This implies a higher cost for insurance, to cover these extreme weather events. (ER): A company’s climate change strategy also needs to be built into its SLP, as the communities surrounding a mine are not usually well placed to adapt to climate change effects. We are seeing some mining companies even building climate change considerations into their social development spending – assisting local communities to apply water-saving farming techniques. This is an important adaptation that raises the resilience of communities to climate change. Efficient water management is already a concern receiving constant attention at most mines; with further impacts from climate change, there will be a significant investment in water treatment options. Will climate change directly impact the actual operations of mining companies? I’m thinking especially in dry regions where water will be a scarce resource, or the heat in a pit, or more lightning as a result of severe thunderstorms. Will technology be able to solve these challenges, and how? (ER): Financing is a vital aspect of the mining industry that is already affected by climate change considerations. Large international funders like the International Finance Corporation now require a climate change assessment with science- based targets, before it considers financing a mining project. This is one factor behind the growing demand for environmental engineering in the sector. (AM): Climate change will definitely impact on the operations of mines, particularly in drier regions. Mining is a water intensive industry, so mines need to re-use their water and generally reduce water consumption. Communities may also have the perception that mines are taking their water, as water becomes more scare due to climate change. Excessive heat in mining areas "There is potential could accelerate the application of alternative technologies – like to use ‘bio-mining’ as a remote and driverless operation of mining equipment. strategy, involving the growing Some mines are looking at new of fibrous plants on old tailings technologies to reduce their carbon footprints, especially dams to extract valuable metals with the introduction of carbon tax. Electric vehicles could be and chemicals that might part of this drive, potentially including autonomous functions. This could enhance safety and leach into groundwater." would in turn impact on the level of As significant energy users, mines will be substantially affected by carbon tax, although the carbon tax rate for 2021 onwards (phase 2) is currently unknown. The current (phase 1) carbon tax rate is R120 per ton of carbon dioxide equivalent (CO2e); however, global rates are far higher, suggesting that South Africa will start by under- taxing in global terms – creating the possibility that increases in future phases will be high. Increasingly, mines will be required to report on their downstream and upstream suppliers’ carbon footprints as well as their own. Mines may even need to build the capacity of their small-scale suppliers to comply, as the use of these suppliers is a requirement of the Mining Charter and the Social and Labour Plan (SLP) commitments. (AvZ): Mining and exploration opportunities are likely to open up for minerals used in large energy storage solutions – such as platinum, cobalt, vanadium, lithium and copper – as this technology evolves and gains ever-growing markets. Mines themselves are likely to make increasing use of renewable, off- grid energy as battery storage solutions become more effective and affordable. Demand, and hence price, is likely to remain volatile while new technologies are developed and optimised. How big a role should climate change play in the strategic planning of mining companies and how should they make provision for its possible negative affects? (AM): Strategic planning for climate change cannot allocated to a specific group within a mining company. It is a function that needs to be integrated across all business units within the company. This will allow both mitigation and adaptation measures to gain traction. Mitigation measures can be put in place to reduce the carbon impact that business has, for instance; but the impacts of climate change are already being 32  African Mining  February 2020 skills required to operate and maintain. In the same way, how would these challenges affect the rehabilitation and closure of mines? (ER): When temperature and rainfall patterns change, this affects the assumptions that mines can make about their closure design. It may also increase their financial liability and monitoring requirements. For example, insufficient water and high temperatures make it harder to re-establish the necessary vegetation in rehabilitation efforts once mining has ceased in a specific area. On the other hand, heavy rainfall could create risks like tailings dam failure or discharge of contaminated water into surrounding areas. This could lead to remediation costs, greater environmental liability, impacts on community health and safety, and possible reputational damage. There are also concerns that climate change could undermine the success of past rehabilitation of legacy mine sites; these sites might need extra protection measures to ensure stability of waste rock and tailings covers. (AM): The mine closure planning process must factor in climate change predictions, so that the closure design and infrastructure can withstand these effects in the post-closure phase. Even the selection of which plants and vegetation to use for rehabilitation must ensure resilience to climate change. They might need to be drought-resistant, for example. There is potential to use ‘bio-mining’ as a strategy, involving the growing www. africanmining.co.za