Wildfire shutdowns signal that climate change is becoming bigger threat to miners

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Wildfire shutdowns show that climate change risks could soon take a key role in assessing the value of mining projects, experts say

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Analysts consider several factors ranging from environmental concerns to geopolitical issues alongside the financial feasibility of operating a mine before assessing the value of a project or a company.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Climate change is the third-biggest threat to the mining industry behind geopolitics and environmental, social and governance concerns, according to a survey conducted by EY last year.

 

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