Mining risk and assurance
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
10 business risks facing the mining and metals industry in ...
Nov 14, 2016 · IT and operational technology in the mining industry are becoming one and the same and so security must be strengthened. Companies will need to understand the risk exposure across both IT and OT and ensure that there is significant time and money invested in understanding how important it is to prevent cyber-attacks on financial, reputational and intellectual property.
These are the top risks miners face - MINING.COM
Sep 11, 2014 · “Risks in the sector continue to shift in ranking but they all remain key priorities for companies,” says Sprague. Global demand for energy is expected to …
Top 10 business risks facing mining and metals 2017–2018
Top 10 business risks facing mining and metals 2017–2018 7. Arecoveryincommodityprices and the relentless cost-cutting exerciseshaveresultedin highermarginsandimproved cashgeneration.However,new risks are emerging as the industry switches to growth.
Top 10 business risks facing mining and metals 2016–2017
Key thought Key thought (New) (From 3 in 2015) Limited pricing and demand visibility as a result of ongoing market volatility is challenging mining and metals companies as they plan for the future. Cash is king once again as companies seek to maintain balance sheet liquidity and implement plans to boost operational cash flow for
Australian mining key risks - KPMG Australia
Also on home.kpmg. Change is the only certainty for today’s Australian mining industry, according to the results of the KPMG Australian Mining Risk Forecast released today as part of the firm’s annual global report, Risks and opportunities for mining – Outlook 2019. The KPMG Report provides key perspectives on the top ten risks as rated by global...
Deloitte report outlines top 10 issues facing mining ...
Nov 30, 2015 · The top issues facing mining companies in 2016 include: Going lean: Operational excellence remains front and centre. In an effort to achieve true operational excellence, industry leaders are leveraging best practices from other industries and tackling difficult issues…
Risk Management in the Mining Industry | Resolver
Oct 18, 2019 · Another key risk is resource nationalism. Countries are beginning to realize the value of the raw materials that stem from their land and as such, are beginning to impose higher taxes on foreign mining companies. This can increase the cost of operations significantly.
Mitigating Off-Strategy Risk: Mining Industry Risk ...
4 • Mitigating Off-Strategy Risk: Mining Industry Risk Challenges and Solutions Marsh • 5 As the industry grapples with these key strategic challenges, the demand to manage off-strategy risk effectively is only heightened.
Deloitte Global mining report explores key trends in 2019 ...
Jan 29, 2019 · As the industry shifts into a new stage of growth, miners must take an ever-expanding range of issues—from stakeholder engagement, to talent, geographic risk, and dwindling access to key input commodities—into account when setting corporate strategy.
Australian Mining Risk Forecast 2018 - KPMG Australia
The rating considers the potential velocity and impact of each risk for the mining industry as a whole in the year ahead. The mining risk function of the future How risk management in the mining sector needs to adapt in order to meet the challenges in a new technology-driven world.
Mining & Metals – Our latest thinking | EY – Global
Working capital is a key component of value in the mining and metals sector. The performance of working capital varies widely between companies, suggesting there’s multibillion-dollar …
RISK ASSESSMENT AND MANAGEMENT
In the mining industry—with its inherent potential for major accidents which could injure or kill people, damage the environment, cause serious loss of production and therefore profit—there is a particular need for a sound approach to the process of risk management.
The mining industrys key risk is access to water - MINING.COM
The mining industrys key risk is access to water - MINING.COM Mine Water Solutions in Extreme Environments to be held in April. Mine Water Solutions in Extreme Environments to be held in April.
2018 Business Risks and Opportunities Within the Mining ...
Mining industry risks and opportunities include technological modernization, cybersecurity, cash optimization, regulatory changes, and more.