EVENTS COVERAGE

Hambro sees poor ESG performers being left behind

ESG performance will eventually provide consolidation opportunities in the mining sector as good performers get access to lower-cost capital while poor performers start to trade at a discount, Evy Hambro, global head of thematic and sector-based investing at BlackRock, said during a keynote discussion with Barrick Gold president and CEO Mark Bristow at the 2021 Prospectors and Developers Convention.

 Evy Hambro at Mining Indaba 2018

Evy Hambro at Mining Indaba 2018

Hambro said ESG determining the cost of capital was playing out at rapid speed and marked a fundamental shift in capital markets, with capital leaning towards companies seen as compliant through an ESG...

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