risk management in mines

AN ENGINEERING APPROACH TO SEISMIC RISK …

In essence, the proposed seismic risk management philosophy is an engineering approach to the problem. This consists of identifying the active seismic sources in the mine, characterising each

Risks and Opportunities for Mining

The global upheaval brought in 2020 has tested mining companies and while there remain significant challenges ahead the landscape presents abundant opportunities as well. For more information about this survey and risk management for today's global mining industry, connect with us today.

Disasters in Mine: Strategies for Prevention, Management …

Risk management strategy mainly involves context establishment, assessment of risk, and treatment strategies (Tripathy and Ala 2018). (i) Control of gas leakage. ... The mining management should also make sure about the resources available in the mining to control the disaster. v.

Mining Hazard Risk Reduction and Resilience | SpringerLink

There is a noticeable distinction between risk and hazard, although the latter term is most often used in considering accidents and instability problems of mining constructions and operations (Nelson, 1965; Thrush, 1968).Further on, this chapter will make a review of the diversity of hazards associated with mining activities, and their division into different …

Managing Risks in the Mining, Minerals, and Metals …

Risk Management in the Mining, Metals & Minerals Industry. Determine the right level of investment in risk management & achieve value in an Enterprise Risk Management …

Risk Assessment of Consumables Supplies Management in Mines

The paper deals with the problem of managing the supplies of consumables (energy resources, lubricants, explosives, explosive supplies, tires, spare parts, etc) in mines. After the introductory remarks and comments, a general stochastic model of supply, relating in general to the dynamic programming method is presented. A selection of …

A guide to effective supply risk management in the …

Leading practices in supply risk management address risk quantitatively and strategically, and take an integrated view of risk across the value chain and the enterprise. Strategic …

Investors in African Mining Ventures Must Refresh Their Risk Management …

The frequency of coup d'etats in the Sahel region is troubling and calls for mining investors to refresh their political risk assessment processes. The recent coup in Niger and the sudden outbreak of war in Sudan, both in 2023, bring the risk of political instability and a breakdown of law and order into sharp focus.

Mine Risk Management: Safety = Productivity

The most recommended, industry-wide approach to safety in general, but mining in particular, is to take a 1-2-3 risk management approach. The top priority in risk management is always to eliminate …

Mining industry risks, and future critical minerals and metals …

This study leverages resilience theory and borrows insights from risk management literature to build a framework of mining industry supply chain resilience …

Behavioral Risk Management

Practical Solutions to Complex Problems - Rudy Yandrick, in his book: Behavioral Risk Management At MINES, we excel at identifying and managing organizational behavior-related risks, offering a holistic approach to promote the wellbeing of employees and the organization as a whole. Our multifaceted strategy includes:Risk Assessment: We …

Risks and Opportunities for Mining

The global upheaval brought in 2020 has tested mining companies and while there remain significant challenges ahead the landscape presents abundant opportunities as well. For …

RISK MANAGEMENT FOR MAJOR GEOTECHNICAL …

For sustained risk management a program of risk assessment and risk mitigation is ... 10 year operating life of a mine. Risk of some facility failure (e.g. a spillway) may be greater post closure when there is not an operating staff to provide monitoring and maintenance. 5

Risk and Opportunities for Mining 2021 Report

is the top risk faced by mining leaders, both with regards to the industry as a whole (49%) and their own companies (58%). Of note, large cap companies1 saw economic downturn and uncertainty (44%) and environmental risks, including new regulations (39%) as a greater risk than commodity prices (34%). Despite global volatility, there is a high level

Risk Assessment Methods in Mining Industry—A …

The SLR examined the relationship between organizational factors and residual risk management in the context of accident causation in mining. Six electronic databases were searched for peer...

ICMM

ICMM's Mining Principles include four Performance Expectations under Principle 4: Risk Management. 4.1 – Assess Environmental and Social Risks Assess environmental and social risks and opportunities of new projects and of significant changes to existing operations in consultation with interested and affected stakeholders, and publicly ...

Financial Risk Management for Geological Storage

The Operational Risk Management companion paper published earlier in this series reviews the various risks associated with geological storage of CO 2 and the "physical", i.e. engineering and operational, steps that are being taken to mitigate those risks. [2] An advantage of establishing a tipping fee is that it sets aside funds that can be ...

Geotechnical Risk Management Concept for Intelligent …

for strainburst risk management in underground mines. 2. Geotechnical real-time risk assessment and risk management tools The risk management methodology in the burst-prone ground has to be suited ...

INVESTORS IN AFRICAN MINING VENTURES MUST REFRESH THEIR RISK MANAGEMENT

INVESTORS IN AFRICAN MINING VENTURES MUST REFRESH THEIR RISK MANAGEMENT PROCESSES. Payne Institute Research Associate Baba Freeman writes about how the frequency of coup d'etats in the Sahel region is troubling and calls for mining investors to refresh their political risk assessment processes. The recent trend of …

Professional Masters in Mining Industry Management

The Professional Masters in Mining Industry Management (MP-MIM) is a graduate degree program focused on the practical application of technical, financial, management, and other linked disciplines that make up the mining industry today. It was developed on the premise that, in addition to technical capacity, future mining industry leaders will need to:

Risk Management

The Board of Directors is responsible for oversight of risk management while the executive management team takes responsibility for the implementation of the ERM framework. Our approach to ERM encourages ownership and accountability for identified risks and active participation of all employees in the risk management process.

Underground Mines & Tunnel Rescue Services

Triton Risk Management underground rescue services We bring together tried and tested operating methods with innovation to offer you a leading, state-of-the-art service. Everything we do is designed to meet the demands of new mining and tunnelling projects, as well as existing operations throughout the UK, Ireland and the rest of the world.

Risk assessment and management for mines and mining …

Purpose. To assist employers, workers and other workplace parties with understanding the requirements in Regulation 854 – Mines and Mining Plants under the Occupational Health and Safety Act, regarding risk assessments and risk management.. Objectives. To provide information on how to:

Keynote Lecture: Improving seismic risk management in hardrock mines

IMPROVING SEISMIC RISK MANAGEMENT IN HARDROCK MINES - 379 - At that time, the Tasmania mine was also amongst the few mines to implement dynamic reinforcement in Australia, being the first to adopt the modified cone bolts in an area where elevated seismic hazard was anticipated. Strategic changes that were implemented to lower the …

Risk Management in Mines | PDF | Risk Management

Risk Management in Mines - Free download as Powerpoint Presentation (.ppt), PDF File (.pdf), Text File (.txt) or view presentation slides online. Risk management has its origins thousands of years ago and involves identifying, analyzing, and addressing risks to reduce undesirable outcomes. It aims to anticipate hazards before they occur and minimize …

Managing Risks in the Mining, Minerals, and Metals …

Risk Management in the Mining, Metals & Minerals Industry • Determine the right level of investment in risk management & achieve value in an Enterprise Risk Management approach. • Any approach will need to combine innovative solutions with a deep understanding of the industry's issues & requirements.

Risk Management Is Essential For Mining Industry | Resolver

A risk management program allows mining companies to ensure the success of their operations. Canadian Mining Journal contributor Michael Marino, who is also the assistant vice president at RSA Insurance, explains that effective collaboration with risk management experts could greatly benefit mining operations. The key lies in …

Risk management in mine action

This standard seeks both to raise awareness and equip mine action managers with the tools they need to identify, assess, control and review risk within their many different areas of responsibility. Annex B to …

Financial Risks and their Management in the Mining …

The present difficult period mining companies pass along with the whole world burst into with the pandemic, and demonstrate good resilience, skillful risk management, which allowes mining business entities remaining in a stable financial position by the results of 2020, despite the imbalance in the commodity market.