Company is bracing for an investor revolt after handing $9.9 million to its former CEO Jean-Sebastien Jacques, who was ousted over the destruction of sacred Aboriginal caves.
The miner will form an Indigenous advisory group to help it better understand issues affecting Indigenous Australians, identify gaps in current protocols and re-establish trust over time.
This is the second wave of pressure that investors concerned about ESG issues have laid on miners after successfully forcing mine waste standards updates in 2020.