Category Archives: Measuring Magnitude of Consequence TSF Failures

UNITED NATIONS ENVIRONMENT PROGRAM TAILINGS MANAGEMENT REFORMS SHOULD BE PUBLICLY  ACCEPTED BY MAC & ICMM AND PRESENTED AT TAILINGS 2017

FOR IMMEDIATE RELEASE  Stonington Maine November 1, 2017 CONTACT: Lindsay Newland Bowker, LNBowker@BowkerAssociates.org +1 207 367 5145 TAGS: UNEP Tailings Management Report; Reform Of Legal Framework for Tailings Facilities; Tailings Conference 2017; 2nd Anniversary Samarco TSF Failure; Mt Polley TSF … Continue reading

Posted in Analysis TSF Failures, BHP, Bowker Associates Science & Research In The Public Interest, Brazil Tailings Dam Failure Risk, Canadian Mine Risk & Loss Profile, Catatrophic Tailings Dam Failures, Causes Of Catastrophic Tailings Dam Failures, Center For Science in Citizen Participation, David M. Chambers, Environmental Risk Management, financial risk and public liability, Fundao Talings Dam, Germano Tailings Dam Failure, GO NO-GO Technical Framework, Jack Caldwell, MAC/CDA Tailings Guidelines, Measuring Magnitude of Consequence TSF Failures, Minas Gerais Mining Oversight, Mine Disaster Recovery, Mine Risk Management, mineral economics, Mining Watch Canada, Mt Polley TSF Failure, Mt. Polley, Public Liability & Financial Risk, Rate of Raise for Upstream Tailings Dams, Uncategorized, UNEP TAILINGS MANAGEMENT REFORMS | Leave a comment

AS METALLIC MINING ENTERS ALL NEW ERA OF UN MAPPED DIMENSIONS AND OUTCOMES FATE OF SOME 30% OF ALL “ACTIVE” MINES NEVER VIABLE OR PRESENTLY NOT VIABLE ACCRUING PORTFOLIO OF PUBLIC RISK HANGS UNEXAMINED AND UNADDRESSED

In the shadow of the “supercycle”,[1] and propelled by its dysfunctional economic dynamics, risk and public liability from mine tailings storage facility (TSF) failures have reached all-time highs. The annual failure rate for significant TSF events has escalated from a 50-year … Continue reading

Posted in Analysis TSF Failures, Measuring Magnitude of Consequence TSF Failures, mineral economics, Resources Policy, TSF Failures, TSF Failures Consequence, Uncategorized | Leave a comment

Share Holder Litigation Puts Spotlight On Environmental Risk

Madison Condon, JD, Fellow Earth Institute, Columbia University NY, NY   Dear Ms.  Condon:   Thank you for your stunning and seminal work accurately drawing the arc between massive investor losses and poorly developed mining projects  which manifest also in … Continue reading

Posted in Analysis TSF Failures, Bowker Associates Science & Research In The Public Interest, Catastrophic Tailings Failures, Causes Of Catastrophic Tailings Dam Failures, Earth Institute Columbia University, financial risk and public liability, Fundao Talings Dam, Germano Tailings Dam Failure, Global Capital Squeeze In Mining, global cash flow crunch, Highly Valued Natural Resources, Lindsay Newland Bowker, Measuring Magnitude of Consequence TSF Failures, Metallic Mining, Mining Economics, mining environmental risk management, Mining Financial Feasibility, mining investor lawsuits, mining public liability, Mining Regulation, Public Liability & Financial Risk, Responsible Mining, Risk & Public Liability of Tailings Dams, Risk Avoidance & Loss Prevention Metallic Mining, Risk Economics and Public Liability of Tailings Dam Failures, Samarco $44 billion lawsuit by Brazil, Samarco Environmental Crimes Investigation, Samarco falha de barragem de rejeitos, Samarco investigação de crimes ambientais, Samarco Mineracao S.A., Samarco Murder Charges, Social Premium of Metallic Mining, Tailings Dam Failures, Tailings Dam Risk Management, TSF Failure Environmental Costs, Uncategorized, unfunded public and enviornmental liabilities, Vale Indictments, Vale SA. | Leave a comment

Samarco Agreement Draft A Springboard To Model Language on All TSF’s With “Extreme” Hazard Classification

“There will be complete restoration of socio-economic conditions and of the affected environment. And I want to emphasize: There will be no financial limits until there is full reparation,” Rousseff said, according to AFP. “We want to build a new … Continue reading

Posted in Analysis TSF Failures, BHP, Measuring Magnitude of Consequence TSF Failures, Samarco Settlement Agreement, TSF Design & Management Standrds, TSF Failure Environmental Costs, TSF Failures Consequence, TSF Risk Management, TSF Risk Profile, Uncategorized, Vale SA. | Leave a comment

Mining Financial Risks Post-“Super Cycle” Point to Escalated & Unexamined Already Accrued Public Liabilities & Environmental Security Losses

Although this Ernst & Young report on “post super cycle” mining business risks speaks from the miners point of view, not from the environmental risk/public liability point of view, the economic realities presented here are what Bowker Chambers (2015) was pointing at … Continue reading

Posted in Bowker Associates Science & Research In The Public Interest, Catatrophic Tailings Dam Failures, Causes Of Catastrophic Tailings Dam Failures, Environmental Risk Management, financial risk and public liability, Fundao Talings Dam, Germano Tailings Dam Failure, Gibraltar Mine, Global Capital Squeeze In Mining, global cash flow crunch, global copper market outlook, Gold Ridge Mine, Height Limits of Earthen Dams, Highly Valued Natural Resources, lacustrine mine waste disposal, Lindsay Newland Bowker, Measuring Magnitude of Consequence TSF Failures, Metallic Mining Risk Management, mine Company Valutaion, Mine Feasibility, Mine Risk Management, Mining Economics, mining environmental risk management, Mining Financial Feasibility, mining post-supercycle, Mining Regulation, Mining Risk Management, New Prosperity Mine, plutonomy, politics of mining, polluter pays, Prosperity Mine, Public Liability & Financial Risk, Rate of Raise for Upstream Tailings Dams, Responsible Mining, Risk & Public Liability of Tailings Dams, Risk Avoidance & Loss Prevention Metallic Mining, Risk Economics and Public Liability of Tailings Dam Failures, Samarco falha de barragem de rejeitos, Samarco investigação de crimes ambientais, Samarco Mineracao S.A., Science for Sale, Social Premium of Metallic Mining, Tailings Dam Failures, Tailings Dam Risk Management, Tailings Storage Facility Failures, Taseko, TSF Failure Environmental Costs, TSF Failures Consequence, TSF Risk Profile, TSF Risk Profile Globally, Uncategorized, Upstream Tailings Dam Safety | Leave a comment

1 million Cubic Meter Landslide From Ruins of Failed Fundao Dam

  On January 27 the debris in the site of the former Fundao dam  shifted causing a 10 minute slide of 1 million cubic meters of material out of the site  and necessitating the evacuation of all workers. According to … Continue reading

Posted in alegria mine, Analysis TSF Failures, Bowker Associates Science & Research In The Public Interest, Brazil 's High Grade Iron Ores, Causes Of Catastrophic Tailings Dam Failures, corporatocracy, Environmental Risk Management, Fundao Talings Dam, Germano Tailings Dam Failure, Height Limits of Earthen Dams, Highly Valued Natural Resources, Lindsay Newland Bowker, Linhares Civil Action Against Samarco, Measuring Magnitude of Consequence TSF Failures, Metallic Mining Risk Management, Mine Feasibility, Mine Risk Management, Mining Economics, Mining Environmental Crimes, mining environmental risk management, Mining Financial Feasibility, Samarco falha de barragem de rejeitos, Samarco investigação de crimes ambientais, Uncategorized | Leave a comment

TASEKO TEETERING: ANOTHER SCHOLZ VETTED “Mining Metric Original” Accrues Ever More Potential Public Liability While It Struggles With Too Much Debt And Too Little Cash Flow

 With copper prices dropping below $2 per pound, Taseko may just be trying to keep afloat during 2016. It has an estimated $65 million USD in cash at the end of 2015, and requires approximately $2.25 per pound copper to … Continue reading

Posted in B.C. Hydropower Payment Deferral For Troubled Mines, Bowker Associates Science & Research In The Public Interest, Canadian Mine Risk & Loss Profile, Canadian Mining, Causes Of Catastrophic Tailings Dam Failures, Environmental Risk Management, George Ireland, Gibraltar Mine, Global Capital Squeeze In Mining, global cash flow crunch, global copper market outlook, Highly Valued Natural Resources, Imperial Metals, Lindsay Newland Bowker, Measuring Magnitude of Consequence TSF Failures, Metallic Mining, Metallic Mining Risk Management, Metals Price Forcasting, Mine Feasibility, Mining Economics, mining environmental risk management, Mining Financial Feasibility, Mt. Polley, Mt. Polley Tailings Dam Failure Impacts, politics of mining, polluter pays advocacy, Social Premium of Metallic Mining, Taseko, Uncategorized | Leave a comment

SAMARCO DAM FAILURE LARGEST BY FAR IN RECORDED HISTORY

  The Working Group met with State authorities, business, civil society and community representatives in Minas Gerais. The State has the highest concentration of industrial mines in Brazil, and the Working Group’s visit took place after the tragic disaster caused … Continue reading

Posted in alegria mine, Analysis TSF Failures, BHP, Bowker Associates Science & Research In The Public Interest, Brazil 's High Grade Iron Ores, Causes Of Catastrophic Tailings Dam Failures, Center For Science In Public Participation, CSP2, dam failue envronmental costs, David M. Chambers, Economics of Iro Ore Mining, Environmental Risk Management, Frequency of TSF Failures BY Decade, Fundao Talings Dam, Germano Tailings Dam Failure, Global Capital Squeeze In Mining, global cash flow crunch, Height Limits of Earthen Dams, ICOLD BULLETIN 121, Lindsay Newland Bowker, Measuring Magnitude of Consequence TSF Failures, Metallic Mining Risk Management, Mine Risk Management, Mining Economics, mining environmental risk management, Mining Financial Feasibility, mining public liability, politics of mining, polluter pays, Public Liability & Financial Risk, Rate of Raise for Upstream Tailings Dams, Risk & Public Liability of Tailings Dams, Risk Avoidance & Loss Prevention Metallic Mining, Risk Economics and Public Liability of Tailings Dam Failures, Samarco Mineracao S.A., Samitri, Tailings Dam Failures, Tailings Dam Risk Management, tailings dewatering, Tailings Facility Failures 1910-2015, Tailings Failure Rates, Tailings Storage Facility Risk Management, TSF Design & Management Standrds, Uncategorized, unfunded public and enviornmental liabilities, Upstream Tailings Dam Safety | Leave a comment

Tailings Impoundment Failure Rates: A New Look At The WISE & ICOLD Data

In the wake of the Mt. Polley tailings Impoundment failure on August 4, 2014, we have been working with the ICOLD/WISE data (see link at end for machine readable compilation) . Our aim initially was  to assess the feasibility of risk pooling to … Continue reading

Posted in Analysis TSF Failures, Bowker Associates Science & Research In The Public Interest, Copper Mine Production 1900-1999, Copper Prices 1900-2000, Frequency of TSF Failures BY Decade, ICOLD, Measuring Magnitude of Consequence TSF Failures, Tailings Failure Rates, Tailings.Info, TailSafe, TSF Failure Incidets 1900-2000, TSF Risk Management, Universe of Mine Sites, Universe of Standing TSF, WISE | Leave a comment