business risks facing mining and metals 2011

Top 10 business risks facing mining and metals

Oct 30, 2018 4 Top 10 business risks facing mining and metals in 2019–20. 5 Top 10 business risks facing mining and metals in 2019–20 A narrow, legacy focus on license to operate may be the strategy that puts you out of business. Applying just the social and environmental lenses, seeing it

Business risks facing mining and metals 2012-2013

The business risk report Mining and metals 2012–2013 3 The risks closest to the center of the radar are those that pose the greatest challenges to the mining and metals sector in 2012 and into 2013. The Ernst & Young business risk radar for mining and metals Up from 2011 Down from 2011 Same as 2011

Business risks facing mining and metals 2014–2015

4 Business risks facing mining and metals 2014–2015 The top 10 business risks Productivity — a case for broad transformation 01 The signifi cant decline in productivity over the last 10 years was a by-product of a choice by industry participants to pursue volume growth at almost any cost during an unprecedented boom in commodity prices.

Business risks facing mining and metals 2015–2016

4 Business risks facing mining and metals 2015–2016 The top 10 business risks for mining and metals Switch to growth — the decision to invest for future growth is now 01 In the mining and metals sector, value diminishes with every tonne or ounce produced. Pro-cyclical, short-term behavior currently prevails, with the collective industry

3 major risks in the mining sector today

Having an insurance for specific mining equipment is one way of hedging against risks. The mining sector is facing three major risk factors, namely, the shift in global energy demand, the volatility of the commodity markets, and environmental factors, particularly the climate. These factors also bring opportunities so mining companies must

Mining and metals business risks report 2021 EY

Oct 16, 2020 Global mining executives rank license to operate (LTO), high- impact risks, productivity and rising costs as the top three risks facing their business over the next 12 months, according to the Global mining and metals Top 10 Business Risks and Opportunities 2021. The survey of more than 250 global mining executives’ shortlists the biggest

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).

Business Risk Classification Your Business

Business Risk Management Handbook: A Sustainable Approach; Linda S Spedding, et al. Ernst & Young: Business Risks Facing Mining and Metals 2011 2012 ; Ernst & Young: The 2009 Ernst & Young Business Risk Report Media and Entertainment ; Forbes: How to Value a Young Company ; McKinsey & Company: McKinsey Working Papers on Risk, Number 32

Minerals and metals scarcity in manufacturing: the ticking

new business models will be fundamental to the ability to respond appropriately to the risks and opportunities posed by the scarcity of minerals and metals. 1. Major manufacturing companies consider minerals and metals scarcity as an important issue for their business, but do not see sufficient awareness of this topic among all their stakeholders.

A guide to effective supply risk management in the mining

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

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).

W15.0_Ary_General Risk in Remote Area Mining Construction

May 25, 2012 All identified risks shall be registered in risk register document and become a baseline to develop schedule and cost contingency plan. Possible Alternatives (Risks Possibilities) There are several major general risks that need to be considered into this study according to Ernst & Young latest study in 2011 for mining & metals industry risks.

Sustainable Mining in Africa IFC

Ernst and Young’s report (2013-14) on the business risks . facing mining and metals listed ‘social licence to operate’ and ‘sharing the benefits’ among the top ten risks facing mining companies. 11. Companies that can do business in a way that provides opportunities for benefits sharing, community participation and local

DTI Mining and Metals Industry World Economic Forum

A ‘NEW NORMAL’ FOR MINING AND METALS 5 A challenging outlook looks set to become the ‘new normal’. To thrive in this environment, mining and metals firms must seize the opportunities offered by digital technologies. Five years after this century’s commodity boom peaked in 2011, many segments within the global mining and metals industry

The Ernst & Young Business Risk Report 2010 The top 10

The Ernst & Young Business Risk Report 2010 The top 10 risks for business insurance are facing a political backlash and regulatory overhaul following the global financial crisis. Oil and gas, real estate and mining and metals are contending with efforts by cash-strapped governments to gain revenues. And public sector organizations

Firms’ approach to mitigating risks in the platinum group

Feb 08, 2021 Ernst and Young (2020) Top 10 business risks facing mining and metals in 2019–20. Fengler W (2020) The future of mobility: why your new car is like an electronic typewriter. Brookings Institute. Fennell M, Alexander JA (1987) Organizational boundary spanning in institutionalized environments. Acad Manag J 30:456–576. Google Scholar

Financial reporting in the mining industry International

issues faced by mining companies with the heavy demand for capital and risks faced by the industry driving more cooperative working relationships. We look at some of main developments in this context with a selection of reporting topics that are of most practical relevance to mining companies’ activities. The new standards on

BC’s mining sector is back in a big way Canadian

Apr 01, 2018 According to the EY report Business Risks Facing Mining and Metals 2017-2018, miners’ concerns about resource replacement entered the top 10 risks they face for the first time. The bottom of the supercycle, compounded by increasing exploration costs due to harder-to-reach reserves, had exploration spend sitting at the bottom of the corporate

CSR, Sustainability and the Mining Business E & MJ

Many inside, and outside, the mining community agree. Accounting advisory firm Ernst & Young ranked “maintaining a social license to operate” as its No. 4 risk facing the mining and metals sector in 2011

[PDF] Interventions for ensuring sustainability of the

The mining industry worldwide is facing a tremendous shortage of minerals engineers in all fields of specialization. For instance, in Australia the skills shortage in the mining industty has been identified as one of the top risks facing the mining industry. In Namibia most minerals engineers employed are expatriates, with some being Namibians who studied abroad.

Zambia and the Central African Copperbelt

3 Investors deem ‘resource nationalism’ to be the leading risk factor for the mining industry: see, for example, ‘Business risks facing mining and metals, 2011–2012’, Ernst & Young, August 2011. lee: China in Africa 33 discontents about labour exploitation, lack of social development and

Mining industry affected by escalating social, economic

Nov 28, 2011 The global mining industry is facing intensifying social, economic and political challenges, which means companies must incorporate more complex scenarios into their strategic planning, says a new

Top 10 business risks facing mining and metals 2017–2018

Top 10 business risks facing mining and metals 2017–2018 1 Executive summary Our number one risk this year is digital effectiveness. While the concept of digital mining is not new, there is disconnect between the potential from digital transformation and the successful implementation of new technologies. We believe that digital transformation

A guide to effective supply risk management in the mining

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

Future growth becomes top business risk facing mining and

Jul 03, 2015 International Although productivity improvement was the top business risk facing mining and metals companies worldwide in 2014, last year’s second biggest risk the switch to growth has kicked productivity into second place and emerged as the biggest risk facing the mining industry going forward, according to professional services firm EY’s annual ‘Business risks facing mining

top 10 business risks facing mining and metals in 202

top 10 business risks facing mining and metals in 202. Dineo Phoshoko Apr 13, 2021. eLearning opportunities in the mining industry.

Risks and Opportunities for Mining assets.kpmg

new business models. 33% Source: 2020 KPMG Global Mining Survey Risks and opportunities for mining 5. New definitions of success “Holistic” is a term used with greater frequency today in discussing what success really means for mining companies. Whether it is due to the ever

Risks and Opportunities for Mining assets.kpmg

Risks and opportunities for mining 5 2019 MG International Cooperative “MG International”. MG International provides no client services and is a wiss entity with which the independent member frms of the MG network are affliated.

Annual EY mining business risks report ranks licence to

Dec 05, 2018 Posted by Daniel Gleeson on 5th December 2018. More than half (54%) of global mining companies rank licence to operate (LTO) as the biggest risk to their business, according to the 11th annual EY Top 10 business risks facing mining and metals in 2019-2020 report. The survey of more than 250 global mining executives sees LTO climb six places to

Mining Business Risks 2022 (9883) Clocate

Dec 07, 2010 Mining Business Risks 2010 Description Join the Fraser Institute, Canada’s leading public policy think tank and CRU Group, the leading independent business analysis and consultancy group focussed on metals and mining for the year’s most important mining conference: Mining Business Risks Summit 2010.

The Ernst & Young Business Risk Report 2010 The top 10

The Ernst & Young Business Risk Report 2010 The top 10 risks for business insurance are facing a political backlash and regulatory overhaul following the global financial crisis. Oil and gas, real estate and mining and metals are contending with efforts by cash-strapped governments to gain revenues. And public sector organizations

The Biggest Risk Facing Miners In Mining News KITCO

Dec 06, 2018 Miners from across the globe view the possibility of losing their “license to operate” as the biggest risk for 2019-2020, according to the Ernst & Young (EY) annual survey of top ten business risks facing miners and metals.

CSR, Sustainability and the Mining Business E & MJ

Many inside, and outside, the mining community agree. Accounting advisory firm Ernst & Young ranked “maintaining a social license to operate” as its No. 4 risk facing the mining and metals sector in 2011

Resource nationalism one of the key risks for investors

May 23, 2021 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

Mining & Renewable energy -- a greener way forward

Nov 24, 2020 Each sector’s exposure to environmental and social risks is given a rating of 1 to 6, 1 being low risk and 6 being high risk. Mining and metals achieved a full 6 out of 6 on the environmental risk scale and 5 out of 6 on the social scale, placing it on par with oil and gas as the most dangerous industry of those measured in the report.

W15.0_Ary_General Risk in Remote Area Mining Construction

May 25, 2012 All identified risks shall be registered in risk register document and become a baseline to develop schedule and cost contingency plan. Possible Alternatives (Risks Possibilities) There are several major general risks that need to be considered into this study according to Ernst & Young latest study in 2011 for mining & metals industry risks.

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