Products

key risks in mining industry

Risks and opportunities for mining

related macroeconomic risks are front of mind for mining executives. This is leading the industry players to focus on their own house, getting the basics in order and reducing costs or looking at technology to drive growth, productivity, and greater efficiency. Equally noteworthy is the challenge for capital. In the past,

More

The top 10 business risks facing mining and metals Decipher

Jun 28, 2019· The top risks facing mining and metals in 2019-20 reflect a new era of disruption from both within and outside of the sector. T he themes of license to operate and disruption run through this year’s risks as mining and metals companies have to deal with many new and variable factors, including societal expectations, digital transformation

More

Risks and opportunities for mining: Global outlook 2019

Risks and opportunities for mining: Global outlook 2019 Risks and opportunities for mining: Global outlook 2019 KPMG surveys mining executives about the state of their industry, key trends, and their expectations for their organisations in the coming year. For this report, we leveraged our global reach to capture key global market trends from

More

Top 10 business risks facing mining and metals

Oct 30, 2018· “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.

More

Risks and opportunities for mining

mining industry. Every year, KPMG asks mining executives about the state of their industry, key trends, and their expectations for their organizations. This year, we expanded the survey to capture key global market trends, backed by responses from over 130 executives and industry highlights from Canada, Australia, Brazil and South Africa.

More

Risks for the Mining Industry Dean Dorton CPAs and Advisors

Jan 08, 2016· 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.

More

Top 10 business risks facing mining and metals

Oct 30, 2018· “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.

More

Dynamically Managing Mining Risk Deloitte Insights

Feb 03, 2020· The elements of strategic risk management. Integrate risk, control, and assurance. While the independence of the three lines of defense (management, compliance/internal control, and internal audit) clearly needs to be preserved, it is possible to rationalize assurance activities and achieve efficiencies by bringing the planning, execution, and reporting of assurance activity under a common

More

Risks and opportunities for mining

mining industry. Every year, KPMG asks mining executives about the state of their industry, key trends, and their expectations for their organizations. This year, we expanded the survey to capture key global market trends, backed by responses from over 130 executives and industry highlights from Canada, Australia, Brazil and South Africa.

More

Risks and opportunities for mining 2019 KPMG Canada

This year, we expanded the survey to capture key global market trends, backed by responses from over 130 executives and industry highlights from Canada, Australia, Brazil and South Africa. Download the report to read mining executives thoughts on growth, managing risk

More

(PDF) Defining Safety Hazards & Risks in Mining Industry

Feb 27, 2018· 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

More

2018 Business Risks and Opportunities Within the Mining

Jan 29, 2018· Extending this runway becomes a key risk. Key factors include expanding the exploration budget, utilizing contract miners, studying existing areas under control, and forming strategic alliances with competitors or others within the industry.

More

Solutions to Mining Industry Risk Challenges

In addition to the traditional risk factors, the mining industry now faces an even wider range of challenges. Factors such as climate change, new technologies, economic uncertainties and secure supply of key consumables like electricity, water, gas and other fuels are all difficult to predict and bring additional complications to securing

More

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

More

Risk Management in the Mining Industry Resolver

Apr 17, 2020· Mining Risks in 2015. A separate report from Ernst & Young 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

More

Mining Industry Key Success Factors

Mining Industry Key Success Factors BUSINESS RISK ASSESSMENT Cost position The analysis covers the assessment of the company's cost position advantages, which are measured by, among others, COGS/ton and Gross Profit Margin (GPM). As mining product is generally a commodity,

More