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Company News

Mining industry to set global tailings dam standards

HOLLYWOOD, Fla., Feb 26 (Reuters) - The world’s largest miners said on Tuesday they will sponsor an independent review into tailings dam standards in the wake of last month’s disaster at a Brazilian facility controlled by Vale SA.

The International Council On Mining And Metals, whose members include Glencore Plc, BHP Group Ltd and 25 others, said a committee will review and set standards by the end of the year for the classification and audit of tailings dams, as well as emergency response. (Reporting by Ernest Scheyder)

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