Mining companies must be able to “walk the talk” on Environmental, Social and Governance (ESG), mining entrepreneur and company founder Ross Beaty said during a fireside chat at the Association for Mineral Exploration’s Remote Roundup.
Beaty, chairman of Equinox Gold (TSX: EQX; NYSE: EQX) and founder and chairman of Pan American Silver (TSX: PAAS; NASDAQ: PAAS) admitted that when he set up Pan American Silver in 1994, “we didn’t even know these words.”
“At the time, nobody in the industry, including investors, cared about it,” he said. “But fast forward to today, and it’s a critical issue that comes up at every single meeting you have with investors and is often the number one topic.”
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