Anglo Asian Mining PLC on Friday said it will implement the Global Industry Standard on Tailings Management at its operations at Gedabek, Azerbaijan.
According to the Azerbaijan-focused copper, gold and silver producer, GISTM is ‘a set of principles governing tailings management established under the auspices of the [United Nations] Environment Programme, the International Council on Mining &Metals and the Principles of Responsible Investment.’
‘It strives to achieve the ultimate goal of zero harm to people and the environment, with zero tolerance for human fatality.’
Anglo Asian currently complies with all local tailings dam regulations.
Shares in Anglo Asian were down 5.1% at 54.10 pence each in London on Friday morning
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