Heavyweight investors demand clarity on heritage risks

A group of 64 investors, representing more than US$10.2 trillion in assets under management, has written to the boards of mining companies operating in Australia and internationally to seek assurances about how the sector obtains and maintains its social license to operate with First Nations and indigenous communities.

Heavyweight investors demand clarity on heritage risks Heavyweight investors demand clarity on heritage risks Heavyweight investors demand clarity on heritage risks Heavyweight investors demand clarity on heritage risks Heavyweight investors demand clarity on heritage risks

The Juukan Gorge rock shelters before they were destroyed in May

The group is concerned about the investment risks in light of Rio Tinto's destruction of the 46,000-year-old Juukan Gorge caves in the Pilbara in May.