CAMIMEX Follows ‘Towards Sustainable Mining’ Standard

The Mexican Mining Chamber (CAMIMEX) committed to adopting the Towards Sustainable Mining (TSM) standard at the annual convention of the Association of Prospectors & Developers of Canada. With the new agreement, CAMIMEX commits to continue evaluating key social and environmental issues such as climate change and disclosing its results to the public.

CAMIMEX adopted a set of indicators that will measure and publicly report on key aspects of the mining industry, such as environmental responsibility and community involvement. José Jaime Gutiérrez, President, CAMIMEX, and Pierre Gratton, President and CEO, the Canadian Mining Association signed the agreement, while Alfonso Durazo, the Governor of Sonora was a witness.

"The signing of this collaboration with the Mining Association of Canada to share the TSM standard reflects the commitment of the mining sector affiliated with CAMIMEX to continue implementing the best international standards in environmental and social performance, as well as transparency and promotion of communication channels with all stakeholders," Gutiérrez said.

With the signature of this agreement, CAMIMEX becomes the 11th mining association to accept the TSM standard in the world and the fifth in Latin America. "The world needs minerals and metals for the technologies we depend on and we must recognize standards such as TSM, which are set to ensure that the mining process is managed responsibly, from start to finish. Today, CAMIMEX, which has key members that contribute to the economy, is committed to placing a greater emphasis on sustainable practices and we are very proud to welcome them as our new partner," said Gratton.

TSM is a sustainability program that assists mining firms in meeting their environmental and social responsibilities. It evaluates key matters such as climate change, waste and water management, social interactions with host communities, safety and health, biodiversity protection, crisis management and the prevention of child and forced labor. These issues are validated by 30 different indicators, which are to be published later.

The TSM is constantly updated by an independent advisory panel that brings together different interests to reflect the best outcome for society and industry stakeholders. TSM stressed that CAMIMEX will implement a similar advisory panel that will monitor its performance.