December 2, 2024

Economics of De Risking World Tailings Storage Facilities at US$0.01/MT

Economics of De Risking World Tailings Storage Facilities at US$0.01/MT

December 2, 2024

Derisking the world's 12,000 tailing storage facilities (“TSF’s) against potential failures would cost an estimated US$22bn, a small cost compared to an estimated US$688bn in potential liabilities.  However, the study dismisses the practicality of derisking the pre-exiting TSFs, indicating a more likely path toward safety is to build new TSF’s with higher safety standards.  Regardless, EcoVAP believes that by inexpensively de-watering many of these TSFs, thus reducing or eliminating the risk of breeches, overflows or leaks, the safety of both new and old TSFs can be practically eliminated.

Article:https://lindsaynewlandbowker.wordpress.com/2022/04/17/economics-of-de-risking-world-portfolio-of-29000-35000-compelling-and-financing-cheap-at-us0-01-mt/

Latest News

Chronic vs. Catastrophic Failures of TSF’: EcoVAP’s Value-Add for Either
April 2025
This Linked In article makes an important distinction between the much more visible “catastrophic” failures of Tailings Storage Facilities (“TSFs”) vs. the much more common “chronic” failures of seepage, leaks, erosion, etc., particularly of the inactive and abandoned TSFs. read more...
Mining Water Recycling Rates Stagnate
April 2025
Disappointingly, miner’s water recycling rates have flattened, if not fallen, since 2021. EcoVAP is finalizing a new technology to help with water purification and reuse...
Oil and Gas Waste Disposal is Endangering Water Sources
March 2025
While most of the environmental focus on oil/gas produced water disposal is on seismicity, the less talked about risk is the potential to contaminate freshwater drinking supplies. Although not as common or noticeable as earthquakes, the damage of contaminating an underground freshwater aquifer is much more long lasting, possibly permanent.
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska
WASHINGTON POST
MARCH 2021
Army Corps denies permit for massive gold mine proposed near Bristol Bay in Alaska