KPMG GLOBAL MINING INSTITUTE
The Democratic Republic of the Congo's (DRC) mining sector presents a high-risk high-return opportunity. The country has a unique position with substantial untapped gold, cobalt and high-grade copper reserves, but ... with some of the mines estimated to contain grades above 3%, significantly higher than the global average of 0.6% - 0.8% ...
Top 10 risks to the mining industry | Mining Digital
EY report highlights 10 key risks to the mining industry - and chief among them ESG and decarbonisation. Disruption is fast reshaping the mining and metals sector's perception of where the biggest challenges – and paths to growth – may lie, …
Mining industry balancing risk with rising demand
Press releases ›. Global mining industry balancing environmental risk with increasing demand. KPMG Global Mining Outlook 2022. Key Highlights: 62% of respondents …
Mining industry risks, and future critical minerals and …
Supply chain risk emerged as a new risk in the Ernest and Young (2022) mining industry risks even though it is an issue that has been around the sector for some time. Different methods are used to analyse supply chain risks, including the world governance index (WGI), the Findahl-Hirschman Index (FHI) and the network analysis …
ESG seen as biggest risk to mining industry
According to a recent study published by Ernst & Young (EY), losing social support, or social license to operate (SOL) is now seen as the main risk mining firms are facing. Another survey by BDO ...
Risks and Opportunities for Mining
This report offers deep insights into the views of mining leaders from around the world and the significant risks, challenges, threats, and opportunities ahead for us all. Risks and Opportunities for Mining. This survey reveals an optimistic sector confidently dealing with new challenges in 2021.
Risks and opportunities for mining
In Aon's latest Global Risk Management Survey, it was found that the most pivotal risks concerning the industry today are: business interruption, regulatory or …
Mining industry challenges: Five initiatives for CEOs
Meanwhile, the International Council on Mining and Metals anticipates that some 20 percent of mining and metals workers are at risk of displacement as jobs and skills requirements in the industry evolve. 3 Future of jobs in mining regions, International Council on Mining and Metals, April 2021.
The impact of the coronavirus pandemic on the mining sector …
Based on that assessment, we suggest that the mining industry risks losing an estimated $30 billion to $120 billion in EBITDA in 2020 versus 2019 because of the COVID-19 crisis, despite an expected revenue loss of $90 billion to $200 billion. We believe that the mining sector will remain relatively resilient and that part of the revenue loss ...
The top 10 South African mining risks according to executives
7. Controlling operating costs. 8. Capital allocation. 9. Infrastructure access. 10. Access to new projects. The risks of access to energy and water, increased unionisation and high wage demand, and community relations and social licence to mine are risks that African mining executives have been trying to manage for some time now.
Weighing the Impacts of Critical Mineral Mining
We've had some recommendations as part of the the committee that's looking at reforming the U.S. mining law, which has been the same mining law in place since 1872. And one of those recommendations was always having sort of a centralized clearinghouse so that companies can know what exactly they have to get through in …
The sum of all fears: Covid-19 and risk management in mining
"The mining sector understands risk and 'force majeure' and, probably more than any other sector, is well-equipped and ready to respond. ... Sugars continues: "Some areas, such as commodity price risk, are likely to stay due to the uncertain nature of Covid-19's ongoing impact on the market. This impact has caused a number of big-name ...
Mining risk: Resiliency amid volatility | Deloitte …
Four future scenarios. To help mining companies set their strategy and mitigate risk in the coming three to five years, Deloitte considered how the future might be affected by two uncertainties: (1) the …
President Lopez Obrador Is Hurting Mexico's Mining Sector
Despite a perception of heightened political risk, Mexico's mining sector continues to attract private sector investment. Despite the current investment climate, Mexico's mining sector creates ...
Occupational respiratory diseases in the South African mining industry
The first theme addresses trends in silicosis in the South African gold-mining industry over a period of 33 years, and the second explores the potential for occupational respiratory disease in the under-researched platinum- and diamond-mining sectors. ... as well as silica dust measurements in some of the mines, point to a risk of silicosis in ...
Mining risk: Resiliency amid volatility | Deloitte Insights
Four future scenarios. To help mining companies set their strategy and mitigate risk in the coming three to five years, Deloitte considered how the future might be affected by two uncertainties: (1) the …
AN ANALYSIS OF WATER RISK IN THE MINING SECTOR
water risk in the mining sector. Water Risk Filter Research Series Volume 1, WWF Executive Summary 4 1 Introduction: Mining and water risk 7 2 Methodology 8 3 Results and Key Takeaways 12 3.1 Summary of commodity risk 12 3.2 Summary of top 10 companies 14 3.3 Summary by major river basin 15 3.4 Summary by country 19
Mining companies and commodities face significant water risks …
The analysis shows that the world's two largest mining companies, BHP Billiton and Rio Tinto, are exposed to lower than average physical and regulatory water risks, but higher than average reputational water risks. Aside from agriculture, perhaps no sector is as exposed to water risks as the mining sector. Unsurprisingly, the mining …
Global Mining Outlook 2022
the risk of an economic downturn have dropped — most likely due to the subsidence of the pandemic during 2021 and the transition into the recovery phase. Alongside this, access to capital has fallen out of the industry top 10 from last year, indicating that mining organizations are more confident in their ability to raise funding and investment.
Towards a Comprehensive Framework for Climate Change Multi-Risk …
Changing climate conditions affect mining operations all over the world, but so far, the mining sector has focused primarily on mitigation actions. Nowadays, there exists increasing recognition of the need for planned adaptation actions. To this end, the development of a practical tool for the assessment of climate change-related risks to …
Risks and opportunities for mining and metals in …
Angie Beifus. Top 10 business risks and opportunities for mining and metals in 2024 (PDF) Download 3 . Top miners continue to make progress on a range of ESG, climate …
Risks and opportunities for mining and metals in 2024
At first glance, the 2024 ranking of the top business risks and opportunities in mining and metals (pdf) doesn't differ too much from the last couple of years. But while some issues are clearly becoming long-term priorities — particularly ESG and license to operate — others reflect new challenges in the sector. Open image description.
Dynamically Managing Mining Risk | Deloitte Insights
At the same time, traditional mining sector risks—in areas such as health and safety, strikes and social activism, regulatory compliance, stakeholder relations, …
Environmental risks top concern for global miners
For the first time in 12 years, KPMG's Global Mining Outlook 2022 survey shows a new risk in first place. Environmental risks has topped the list, over commodity price risk in second place. "This result is a significant milestone for the mining sector with environmental risks and regulations overtaking commodity price risk," said Trevor ...
Identification and categorization of hazards in the mining industry…
The mining industry plays a crucial role in the global economy. Mines are currently one of the two sources that provide almost all of the raw materials used throughout the world [ 1 ].
The Big Picture: 2023 Outlook for Metals and Mining
Mergers and acquisitions activity in the metals and mining sector has been robust to date in 2022, capitalizing on high commodities prices. The souring macroeconomic environment and resulting market volatility will likely make for cautious buyers in 2023, although these same factors may expand the pool of assets available for purchase.
6 Challenges that Mining Industry is Facing Now
Here are the current 6 key challenges that need to be addressed and mitigated by the mining industry: 1. Climate, Social and Environmental Pressures. This is high on the agenda for many …
What Is The Environmental Impact Of The Mining Industry?
Mining adversely affects the environment by inducing loss of biodiversity, soil erosion, and contamination of surface water, groundwater, and soil. Mining can also trigger the formation of sinkholes. The leakage of chemicals from mining sites can also have detrimental effects on the health of the population living at or around the mining site.
Top 10 risks for the mining industry | Mining Digital
01: Environmental risks including new regulations. The non-stop rise of ESG is reflected in environmental risks jumping from fifth place to first in a year. Nearly three-quarters (72%) agree or strongly agree that ESG will be a cause of major disruption in the mining industry over the coming three years. Moreover 84% agree or strongly agree ...
(PDF) A mining project is a field of risks: A systematic and
the mining sector that deal with this sort of risk and discuss solutions. It is important to note that effective functioning of mining enterprises set up in a number of countries often ha ve to