• Responsible Raw Materials

Mark Racovides - Lessons in the New Normal, mining in Europe needs to listen to be heard

Updated: May 31



The current situation has forced us all to take more time and think a little more about what our industry really means to the world as it can be after the pandemic.


Geologists know something about time, the rocks we need didn’t just arrive by someone pressing a button. What we decide to do with them is also a little complicated.


So is the mining industry a dinosaur, with Climate Change and other “new” factors signalling that what we do and what we think belong in the past?


Despite all the creativity, diligence, patience and rigour that achieves such scientific and engineering progress we seem to have left those attributes behind when it comes to communication and now, the World has changed very fast.


Take the current ESG “moment” or the European Green Deal as existing indicators, we are being forced to change our behaviour. In terms of our industry there are at least two aspects to this change. First, the massive amount of our products required to enable the transition to greener energy and industry, fantastic. Second the requirement that we ourselves change our businesses to become greener. But that’s not the whole story...



Biography

Euromines is recognised as the representative body of the European metals and minerals mining industry. Mr Rachovides is the first person to serve a third term as President after his election in 2012.


Over the last 25 years he has also been a Director, Executive or Chairmain of Natural Resources companies in several countries. He also spent 11 years at the European Bank for Reconstruction and Development (EBRD. and has been involved in a wide variety of projects in Europe and the Former Soviet Union.  He has also written a number of articles and presentations for Euromines, the LBMA, the World Gold Council, the CBI, PDAC, the Mining Journal, and many other bodies.


rachovides@euromines.be



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