Marsh Mining Forum Focuses on Tailings Storage Facilities

On May 28, Marsh Canada hosted a Mining Forum in our Toronto office. The event included a panel discussion that covered risk exposures and potential resultant liabilities with respect to tailings storage facilities (TSFs), with a particular emphasis on governance.

The discussion aimed to highlight those largely non-technical risks that may be introduced over the lifecycle of TSFs and which often do not receive the same level of consideration as technical risks but which may materially affect a risk profile and ultimately result in material liabilities.

The discussion panel was comprised of:

• Ross Cooper, BSc, Eng., General Manager, Technical Services, Fraser Alexander (Pty) Ltd. South Africa
• Charles Dumaresq, M.Sc., Vice President, Science and Environmental Management, Mining Association of Canada (MAC)
• Larry Lowenstein, Partner, Corporate and Securities Litigation, Osler, Hoskin & Harcourt LLP
• Richard Stahl, B.AP.SC., PH.D., M.SC. (SLOAN), P.ENG., CENG., FICE., Director of International Operations, Forensics, Jensen Hughes
• Steve Osselton (moderator), Managing Director, Client Advisory Services, Marsh Canada Limited

A similar event is planned for September 24 in British Columbia. Details will follow.

About Marsh

Marsh is the world’s leading insurance broker and risk advisor. With around 40,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data-driven risk solutions and advisory services.  Marsh is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people. With annual revenue over $17 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses:. Marsh, Guy Carpenter, Mercer  and Oliver Wyman.  For more information, visit mmc.com, follow us on LinkedIn and Twitter or subscribe to BRINK.