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2021-11-2 Preventing dust from becoming airborne is key and it can be done through water. The type of machinery you use can also determine how much dust is released. Looking at ways to prevent dust build-up is key. 2. Explosions. One of the more serious risks in the industry is the risk of an explosion. This is a particular worry for underground miners. 2021-10-7 D isruption is fast reshaping the mining and metals sector’s perception of where the biggest challenges and paths to growth may lie, according to our annual review of risks and opportunities in the global mining and metals sector (pdf).The climate crisis and rising stakeholder expectations are increasingly significant forces of change. Environment and social took the number one spot 2021-11-23 capture key global market trends, backed by responses from over 130 executives and industry highlights from Canada, Australia, Brazil and South Africa. The survey was conducted during a year of growing uncertainty combined with strong growth potential for the mining industry. Of course, the recent disaster at Brumadinho in Brazil is the most 2021-12-9 The mining industry, for instance, is vulnerable to financial loss because of the high costs of operations and equipment that could potentially breakdown or irreversibly damaged. The specific risks vary, but generally, many of the factors involved can be foreseen. 2018-10-30 “Digital effectiveness” is key to gaining a competitive advantage. However, in a recent poll of over 600 mining and metals executives, it was revealed that a significant 37% of management have little or no knowledge of the digital landscape. The stark reality is that digital is the key to achieving productivity and margin improvements. 2020-9-30 Ongoing disruption has presented miners with new risks and opportunities. How they respond will be critical to success in 2021. Disruption has reordered the rankings of the global mining and metals sector’s top business risks and opportunities, though license to operate remains no. 1. Changes enacted to respond to COVID-19 have created 2017-10-20 The top risks facing mining in 2018. Digital effectiveness has emerged as the number one risk for the mining and metals industry, according to ErnstYoung’s 2021-10-6 industry has invested substantially in controls to prevent and detect risk, but there is more work to be done in order to make risk a part of everyone’s daily job. This stone identifies eight key drivers of value from strategy through to sustainability and examines the risks inherent in each of these areas. If mining businesses are to safeguard 2016-4-18 The top risks identified through the survey were risks that most mining executives in South Africa and, in many parts of Africa, have been struggling with over 2019-6-1 In fact, a recent report on the mining and metals industry by ErnstYoung cited resource nationalism as the biggest risk that mining companies face today, ahead of other risks such as capital costs and price volatility. The report states, “Resource nationalism continues to be the number one risk facing mining and metals 2021-12-9 The mining industry, for instance, is vulnerable to financial loss because of the high costs of operations and equipment that could potentially breakdown or irreversibly damaged. The specific risks vary, but generally, many of the factors involved can be foreseen. 2020-9-30 Ongoing disruption has presented miners with new risks and opportunities. How they respond will be critical to success in 2021. Disruption has reordered the rankings of the global mining and metals sector’s top business risks and opportunities, though license to operate remains no. 1. Changes enacted to respond to COVID-19 have created 2017-10-20 The top risks facing mining in 2018. Digital effectiveness has emerged as the number one risk for the mining and metals industry, according to ErnstYoung’s (EY) latest Top 10 business risks 2021-10-6 industry has invested substantially in controls to prevent and detect risk, but there is more work to be done in order to make risk a part of everyone’s daily job. This stone identifies eight key drivers of value from strategy through to sustainability and examines the risks inherent in each of these areas. If mining businesses are to safeguard 2019-8-1 environment is a key risk for investment. A number of key elections and resultant government changes, particularly in Africa and Latin America, have created volatility for the sector fund the mining industry, our ability to explore, develop and innovate, particularly in the mid-tier and junior sectors, willbe hampered. (Same as 2019) 1 3 4 2016-4-18 The top risks identified through the survey were risks that most mining executives in South Africa and, in many parts of Africa, have been struggling with over the past couple of years, Erasmus notes. The top 10 risks include: 1. Access to energy 2021-3-9 A separate report from ErnstYoung noted some of the key risks that mining companies need to look out for in 2015. While the environment in which they operate is always changing and presenting new threats, it’s crucial that business leaders in the industry are able to understand risk trends so they can develop more effective programs. 2021-5-23 Resource nationalism is the tendency of people and governments to assert control, for strategic and economic reasons, over natural resources located on their territory. It has been identified as one of the key risks for investors in the natural resources sector. Miners are easy targets because mining is a long-term investment and one that is especially capital intensive. Mines are also 2021-12-9 Seven trends shaping the future of the mining and metals industry. Automation such as this driverless truck and digitalization are two of the forces shaping the future of mining and metas. Image: REUTERS/Melanie Burton RC1E2E3671D0. The mining and metals industry is recovering from one of its most difficult periods in decades. 2021-10-12 Read on for an overview of the five key aspects they brought up when it comes to looking at risk management in the lithium industry right now. 1. Demand and 2021-12-9 The mining industry, for instance, is vulnerable to financial loss because of the high costs of operations and equipment that could potentially breakdown or irreversibly damaged. The specific risks vary, but generally, many of the factors involved can be foreseen. 2021-12-13 In its latest report on the mining and metals industry, EY (formerly ErnstYoung) has named access to water and energy as one of the top ten risks facing companies. Competing water demands and increasing energy costs, especially in South America and Africa, are affecting companies’ ability to operate. 2017-11-21 Identification of risks and the management thereof is an important role of management in a company. On a yearly basis listed companies use their integrated report to communicate to stakeholders the risks they have identified to the business and the 2019-6-1 In fact, a recent report on the mining and metals industry by ErnstYoung cited resource nationalism as the biggest risk that mining companies face today, ahead of other risks such as capital costs and price volatility. The report states, “Resource nationalism continues to be the number one risk facing mining and metals 2020-7-28 Resource nationalism key risk for miners. Jul 28, 2020 08:57 AM Singapore Paul Lim Tags resource nationalism, mining, copper, iron ore, gold, WhiteCase, Resource nationalism is one of the key risks miners will face in the increasingly volatile macroeconomic environment, worsened by the Covid-19 pandemic, global law firm WhiteCase told Fastmarkets this week. 2021-11-22 mining companies doubled between 2010 and 20111, which has led to increased competition for scarce personnel, equipment, and materials. In today’s turbulent business climate, ever increasing supply risks threaten the ability of mining companies to meet market expectations consistently. Given rising commodity prices, the opportunity cost 2021-5-23 Resource nationalism is the tendency of people and governments to assert control, for strategic and economic reasons, over natural resources located on their territory. It has been identified as one of the key risks for investors in the natural resources sector. Miners are easy targets because mining is a long-term investment and one that is especially capital intensive. Mines are also 2021-12-9 Seven trends shaping the future of the mining and metals industry. Automation such as this driverless truck and digitalization are two of the forces shaping the future of mining and metas. Image: REUTERS/Melanie Burton RC1E2E3671D0. The mining and metals industry is recovering from one of its most difficult periods in decades. Managing Risk in the Global Mining Industry Mining for the Best Report IASC Extractive Industries Issues Paper Comprehensive Integrated Solutions for the Mining Industry A study of the role of internal audit in today’s global mining community An analysis of reporting on sustainability and environmental issues by leading mining and metals 2021-10-12 Read on for an overview of the five key aspects they brought up when it comes to looking at risk management in the lithium industry right now. 1. Demand and
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