Niocorp Developments Ltd (NB)

[MasstrichtMan]

All business leaders should be fighting to stop ESG reporting in its tracks; sadly mining companies are leading the charge to incorporate a trojan horse that is only designed to destroy them. At minimum, ESG represents more costs and more delays for mining companies as they are forced to generate completely useless reports that will eventually be used by activist "stakeholders" to limit public investment into resource companies. It is sad to watch as the captains of industry cheerfully march down this neo-Marxist pathway.

And yes, mining companies, more than any other industry, should meet all of their environmental requirements; and in terms of social license, mining companies already go way beyond what is required in terms of outreach with local communities, but this whole ESG thing is nothing more than a means for social-justice warriors with no real stake in the game to run this industry into the ground.

Happy Friday.