Sustainable Mining

Pyhäsalmi Mine Oy is committed to follow Finnish TSM standard. Standard is based on Towards Sustainable Mining (TSM) standard which is developed by Mining Association of Canada. The goal is to perform better than regulations require.

More information:  https://kaivosvastuu.fi/en/home/

Towards Sustainable Mining standard

Pyhäsalmi Mine was the first Finnish mine to start reporting according to the Canadian Towards Sustainable Mining standard in 2009. Afterwards we have been actively involved in developing the current Finnish TSM standard. Companies committed to the Finnish TSM standard follow guiding principles that are sustainable for nature, people and the economy. Sustainable mining covers the entire life cycle of the project, from ore exploration to mine closure and reclamation.

Measuring the performance levels

The Finnish TSM standard is used to evaluate and verify the member companies’ commitment to the common rules. The standard consists of guiding principles and eight assessment tools. The performance levels are measured annually through self-assessments. The self-assessment results are verified by an external certified verifier every three years. Results can be found on the www.kaivosvastuu.fi website.

Guiding principles

  1. The operations of the companies are transparent.
  2. The companies will adhere to best practices in mining industry and commit to the continuous improvement of their operations.
  3. The companies will minimize any negative impacts of their operations on local communities, the environment and biodiversity.
  4. The companies will respect the surrounding community and its culture and ways of life.
  5. The companies promote projects that secure the vitality of the mining area after the end of mining.
  1. The companies will engage in active dialogue with their communities of interest and involve these in the development of the principles for sustainable mining.
  2. The companies will not jeopardize the health and safety of their employees or local communities.
  3. The companies promote the sustainable utilization of mineral resources and participate in development projects aimed at the safe and responsible production and recycling of metals and minerals.
  4. The companies close the mines responsibly and support the development of closure activities

Responsibility Standard for Mining Industry

Towards Sustainable Mining (TSM) standard is a globally recognized sustainability program for the Mining industry.

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