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A New Vision for the Mining Company of the Future

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A New Vision for the Mining Company of the Future

A New Vision for the Mining Company of the Future

In 2012, a diverse group of global leaders met at the KIN Catalyst conference in Brazil. With representation from business, academia, nonprofits and government, the group convened and collaborated to discuss the look of the Mining Company of the Future.

Participation in the discussions came from a range of stakeholders. Mark Cutifani (CEO of Anglo American), Ray Offenheiser (President of Oxfam America), and Peter Bryant (Senior Fellow, Kellogg Innovation Network) all co-chaired the discussions. There was also representation from organizations such as Vale, AngloGold Ashanti, The Ford Foundation, Harvard University, Global Indigenous Solutions, and many other organizations.

Together, these different parties identified a set of priorities that could help shift the industry. The consensus was that mining needs to change proactively in order to design their own destiny – or someone or something else will.

Mining companies today face a complexity of problems: spiraling costs, government intervention, deepening pits, lower ore grades, and declining productivity are just some of the issues. Communities are not trusting mining, and this creates additional uncertainty. It is harder to find and start a mine than ever before. Combine this with today’s capital environment and struggling commodity prices, and it creates a very difficult picture.

Since the KIN Catalyst conference in 2012, the working group has developed a much more extensive framework for mining companies, called the Development Partner Framework (DPF). This framework is outlined in the above infographic. If you are looking to get involved, the organization can be contacted at [email protected]

For more information on the KIN Catalyst: Mining Company of the Future at the Kellogg Innovation Network, visit the website: https://www.kinglobal.org/catalyst.php

What do you think? Is this vision possible – and what are the biggest challenges facing the industry?

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40 Years of U.S. Wildfires, in One Chart

Wildfires are blazing across the U.S with unprecedented intensity. Here is how activity has evolved over four decades.

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The following content is sponsored by Carbon Streaming

Note: This infographic contains forward looking information based on current expectations and beliefs of Carbon Streaming Corporation. For further information about the risks, uncertainties and assumptions related to such forward looking information, please see their legal notice.

40 Years of U.S. Wildfires, in One Chart

Wildfires are becoming more intense and widespread—largely due to rising temperatures caused by climate change. 

What’s more, experts predict a whopping 50% surge in wildfires by 2100.

We partnered with Carbon Streaming to illustrate four decades (1983–2023) of wildfire activity in the U.S. Let’s dive in.

The Evolution of Wildfires Over Time

The data we used comes from the National Interagency Fire Center and highlights the number of wildfires that occurred between 1983 and 2023, along with the average acres burned over the same time period. The 5-year rolling average was calculated based on the current year plus the preceding four years.

As the table below shows, the total area burned across the U.S. in 2023 was significantly below average, and the number of wildfires was slightly below average due in part to cooler weather conditions.

YearNumber of WildfiresAcres Burned 5-Year Rolling Average
202356,5802,693,9106,436,687
202268,9887,577,1837,651,404
202158,9857,125,6438,141,184
202058,95010,122,3367,818,055
201950,4774,664,3647,818,617
201858,0838,767,4927,604,867
201771,49910,026,0866,715,278
201667,7435,509,9956,575,308
201568,15110,125,1497,215,583
201463,3123,595,6135,875,098
201347,5794,319,5466,340,332
201267,7749,326,2386,534,917
201174,1268,711,3676,535,278
201071,9713,422,7246,767,754
200978,7925,921,7867,821,087
200878,9795,292,4688,256,305
200785,7059,328,0457,989,980
200696,3859,873,7457,561,314
200566,7538,689,3896,300,747
200465,4618,097,880*6,041,568
200363,6293,960,8425,547,210
200273,4577,184,7125,020,983
200184,0793,570,9114,155,432
200092,2507,393,4934,654,449
199992,4875,626,0933,543,860
199881,0431,329,7043,233,357
199766,1962,856,9593,326,931
199696,3636,065,9983,169,525
199582,2341,840,5462,547,041
199479,1074,073,5793,103,256
199358,8101,797,5742,654,002
199287,3942,069,9293,296,346
199175,7542,953,5783,371,819
199066,4814,621,6213,324,936
198948,9491,827,3102,979,841
198872,7505,009,2902,844,061
198771,3002,447,2962,106,936
198685,9072,719,162N/A
198582,5912,896,147N/A
198420,4931,148,409N/A
198318,2291,323,666N/A

*2004 fires and acres do not include state lands for North Carolina

What’s the impact of the increasing burned areas and severity of wildfires over time? 

Simply put, when wildfires burn, they release smoke and gas into the air which makes the Earth warmer, making it easier for more wildfires to start and spread. This cycle is often referred to as the fires and climate feedback loop, and is the reason why experts believe that wildfires will only continue to worsen.

Wildfire Havoc in the West

2023 marked a year of severe wildfire destruction on the West Coast and in Hawaii. The Maui wildfires in August, for example, led to the destruction of 2,308 structures and at time of writing, 5,000 residents are still displaced six months later. Additionally, the cost of rebuilding Maui could exceed $5 billion and take several years.

Post-wildfire restoration is a critical piece of climate change mitigation, particularly in the states that need it the most. 

What Can Be Done?

In partnership with Mast Reforestation, Carbon Streaming is advancing its pipeline of post-wildfire reforestation projects in Western U.S. states. 

To date, Carbon Streaming has entered into carbon credit streams to provide funding for three reforestation projects—Sheep Creek in Montana and Feather River and Baccala Ranch in California.

Mast Reforestation’s unique approach combines proven reforestation practices with new technology to regrow resilient, climate-adapted forests. Want to know more?

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