Friedland Says ESG Criteria Will Determine Mining Companies’ Staying Power in the Industry

May 25, 2022 14:02:43

Robert Friedland, the CEO and founder of Ivanhoe Mines Ltd, stated recently that producers of metals will have to renew their relationship with communities in order to acquire social licenses to increase their output for the metals needed during the transition to clean energy. Friedland said this while speaking on a panel at the New Economy Gateway Latin America event, which was taking place in Panama City. He added that mining was important for building a new economy, noting that copper was a “new oil.”

However, for the industry to gain acceptance, it has to significantly improve how it engages with communities while…

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