Project
Risks for the Mining Industry Dean Dorton CPAs and Advisors
Many mining companies sell most of their products to a small number of customers which creates a significant risk to the companies revenue streams The coal mining sector ships coal primarily to power plants or industrial sites Environmental regulations have made the economics of running a coal burning power plant very difficult
Project finance Wikipedia
Commonly used in mining oil and gas and petrochemical projects where the project company wants to ensure that its product can easily be sold in international markets but off takers not willing to take the price risk Hedging contract found in the commodity markets such as in an oilfield project
5 Biggest Risks Faced by Oil and Gas Companies
5 Biggest Risks Faced by Oil and Gas Companies we ll look at the biggest risks faced by oil and gas companies The Economist Intelligence Unit is an economic consultancy associated with
Mitigating Off Strategy Risk Mining Industry Risk
2 Mitigating Off Strategy Risk Mining Industry Risk Challenges and Solutions INTRODUCTION 2014 was a tumultuous year for the global mining community – with 2015 shaping up to prove equally challenging Global demand for a range of commodities has stuttered – while the investment boom of 2007 to 2012 has begun to deliver a wall of new
Douglas F Scott Spokane Research Laboratory National
Douglas F Scott Spokane Research Laboratory National Institute for Occupational Safety and Health Spokane WA Many mining companies have emphasized the latter in recent years 4 0 100 000 000 200 000 000 300 000 000 can be increased risk of tuberculosis and mycobac terial infections PMF is a distinct disease and is asso
Underground Mining Techniques and Risks Geology for
Jan 27 2014 · Undergrounds mining is still even after hundreds of years of safety improvements a dangerous and expensive business It s wise for an investor to understand both the basic workings for an underground mine and the risks associated with underground mining A bad mine disaster may not
Environmental Risks of Mining
When companies break up materials during mining the dust can release a variety of heavy metals commonly associated with health problems As dust these minerals such as the asbestos like mineral riebeckite can be absorbed into lung tissue causing problems like pneumoconiosis and silicosis commonly known as Black Lung Paul Campbell 2011
Specific and Non Specific Hazards in Underground Mines
Induced Seismicity Mines located in seismically active regions such as the Andean region also known to be one of the wealthiest metallic mining zones in the world are particularly at risk Especially dangerous in underground mining areas mine induced seismicity also causes slope instability in surface mining
Mitigating risks associated to tailings through an
Based on decades of experience supporting mining metallurgy and hydro dam companies with tailings facility and water dam strategies and management we believe that the most forward thinking miners can adopt integrated enterprise risk management practices aimed at actively managing the underlying risk factors associated with tailings
Risk Management – The Political Risks of Mining
Apr 01 2012 · As a result the words political risk are rolling off the tongues of mining executives and lenders with ever more frequency Companies need to conduct a comprehensive assessment of their political risks and identify steps to adequately mitigate them Risks That Mining Companies Face
Risks associated with the exploration and production of
A description of the main risks facing the Company s business in the exploration and production of oil and gas is provided below Eni s oil and natural gas offshore operations are particularly exposed to health safety security and environmental risks
Restructuring risks – a risk management MINING COM
Typical risks associated with the restructuring team are the following thus placing the company s core operating activities at significant risk Customers When companies engage with key
The Big Risks of Big Data Mining V3B Marketing and
Jun 24 2015 · The Big Risks of Big Data Mining By Shelly Kramer June 24 2015 How Companies are Mining Data to Mitigate Risks Tagged big data big data mining data mining privacy and data mining risks associated with data mining Join 75 000 Fellow Marketers Like what you re reading We keep the good stuff for our subscribers
Top 5 business risks facing the mining industry in 2018
Oct 26 2017 · Ernst Young has released its research into the 10 Business Risks facing mining and metals 2017 2018 and up there with some of the biggest concerns is cyber risk digital effectiveness in an increasingly digital world and the ever growing risk surrounding regulatory policy
IdentIfyIng and managIng project fInance rIsks overvIew Uk
Identifying each material risk associated with the design construction development and operation of oil and gas and mining the technical details of projects differ hugely even within a sector The lenders and the project company frequently address the risks associated with the construction of
Risk management and mining – developments and trends
A version of this article was published originally in The Mining Chronicle Vol 2 No 6 July 1997 by Dr Stephen Grey Associate Director Note that AS NZS 4360 has since been superseded by ISO 31000 and IEC 62198 Introduction Of all the major industry sectors mining can probably claim the greatest familiarity with risk
What you need to know to invest profitably in junior
Dec 26 2018 · Junior mining stocks have strong profit potential but they also have risk to match Mining companies can generally be broken down into two categories major and junior mining stocks Majors are typically mining companies that have been in the mining business for many years and more often than not they operate producing mines on a global scale
Risk Analysis in the Mining Industry InTech
Risk Analysis in the Mining Industry buying stock in this company is a speculative risk Most projects carry speculative ri sk x Pure risk meaning only a chance of a loss For example jumping out of a moving car regarding risk factors associated with mining projects are
Risk and Regulation in the Mining Industry
Risk and Regulation in the Mining Industry Carol Cox Russell states or can be associated by bonding compounds potential life span of the mining company Compliance with existing regulatory requirements may be exceeded by the legal risks long after the mine is closed
Top 10 business risks facing mining and metals 2017–2018
2 Top 10 business risks facing mining and metals 2017–2018 The focus should be on using digital to solve the most urgent business problem improving Key
Mining health and safety 7 common risks to protect
Mar 29 2019 · The mining industry has a reputation for being a risky business with health risks that are varied and often quite serious and it is important for miners to protect themselves accordingly Nevertheless mining doesn t have to be unsafe With the introduction of strict safety legislation and
Managing credit risk for global commodity producers
Managing credit risk for global commodity producers C Managing the credit risk process Using external credit ratings Utilising international rating agency information from Moodys and S P is a key element of a sound credit management methodology Investment grade ratings provide the yardstick for acceptable counterparty risk and
HAZARD IDENTIFICATION AND RISK ANALYSIS IN MINING
HAZARD IDENTIFICATION AND RISK ANALYSIS IN MINING INDUSTRY For any industry to be successful it is to identify the Hazards to assess the associated risks and to bring the risks to tolerable level Mining activity because of the very nature of the external agency to ensure the safety of an organisation such as a mining company nor of
Mining Risk Management SRK Consulting Mining Consultants
The term risk has many meanings in the mining world The current draft ISO guideline uses the broad definition of risk as the effect of uncertainty on objectives and similarly broad definitions for risk analysis risk management and risk tolerance
20 Types of Business Risk Simplicable
Aug 29 2015 · A list of common business risks A business risk is a future possibility that may prevent you from achieving a business goal The risks facing a typical business are broad and include things that you can control such as your strategy and things beyond your control such as the global economy
These are the top risks miners face MINING COM
Sep 11 2014 · Productivity followed by capital decisions and obtaining a social license to operate are now the top three risks faced by mining and metals companies globally according to the latest report by
1 1 PHASES OF A MINING PROJECT
assess separately the impacts associated with site preparation and clearing 1 1 3 Active mining Once a mining company has constructed access roads and prepared staging areas that would house project personnel and equipment mining may commence All types of active mining share a
Cyber Threats to the Mining Industry Security News
View research Cyber Threats to the Mining Industry In today s competitive global market for commodities and manufactured goods the reliance on natural resources for economic development and fluctuating geopolitical climates have all contributed to making industries targets for cyber espionage campaigns and in extreme cases disruptive and destructive cyber attacks
Uranium mining Wikipedia
Uranium mining is the process of extraction of uranium ore from the ground The worldwide production of uranium in 2015 amounted to 60 496 tonnes Kazakhstan Canada and Australia are the top three producers and together account for 70 of world uranium production Other important uranium producing countries in excess of 1 000 tons per year are Niger Russia Namibia Uzbekistan China the
3 Types of Risk Facing Gold Stocks The Motley Fool
Three types of risk facing gold stocks With that in mind let s take a closer look at three types of risks gold stocks are facing so you as the investor will have a better bead of what to closely
Water and the Mining Industry Columbia Water Center
Water and the Mining Industry Columbia Water Center recently completed a three year project sponsored by Norges Bank Investment Management NBIM to develop a modeling platform to quantitatively assess mining related water and environmental risks and their financial implications
Risk assessment workbook for mines
Risk Management Handbook for the Mining Industry WRAC is a specific qualitative risk assessment method designed to be applied when an organisation wants to understand its risks and clearly identify the priority or highest risks in its operation 5 Standards Standards can be taken to mean Australian Standards International Standards
MINING RISK REVIEW Willis Group
10 MINING RISK REVIEW 2014 A mining company s risk register will typically describe certain harder risks using fi nancial measures and other softer risks using qualitative measures Using this it will develop its risk management strategy RISK ANALYTICS ARE NOTHING NEW Most companies employ internal or external analysts to measure
Construction Risks Identifying Managing and Mitigating
risks before significant negative consequences occur zRisk management incorporates the identification analysis and management of project risks zThe purpose of risk analysis is to determine the relative exposure in terms of time and cost Risk management is concerned not only with identifying
Health and Safety Hazards Mining Health Safety and
Currently no organization exists in Ontario to oversee and coordinate research into methods for minimizing seismicity and rockbursting or to work with mining companies to adopt new technology to mitigate the risks associated with rockbursting
Occupational health and safety in T mining status new
mining companies the recognition of small scale and artisanal mining and the presence of women in mining pose new challenges for health and safety regulation and practice for example With more contractors and contracting companies on site occupational health and safety management is more complex Given the need for contractors to quote