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 …

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.

Top 10 business risks and opportunities for mining and metals in 2024. By. EY Global Mining & Metals Leader. Top miners continue to make progress on a range …

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% ...

6. Thermal stress. A common health risk that miners face is thermal – or heat – stress. "Mining environments are often very hot and humid, particularly those in outback Australia, which over time can cause thermal stress in workers. "Overexposure to heat and humidity can cause the body to become fatigued and distressed.

Rosen: With the energy transition necessitating around $1.7 trillion of investment in the global mining sector, we can expect a significant increase in the volume of disputes. As more capital ...

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.

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 …

The contribution of the mining sector in the SDG achievement is discussed in a report by the Columbia Center on ... that provides social risk data on a sector and country level, and is integrated with a global input-output model derived from the GTAP database. ... which appear to be a relevant aspect linked to mining activity. Finally, …

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

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 ...

In the broader field of stakeholder engagement, Kemp et al. [45] have also criticised the industry's use of the term 'social risk', which they argue has been conflated. To mining companies and investors, social risk typically refers to inbound risks on the business that arise from social unrest. To communities, social risk rather refers to …

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.

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 ...

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 ...

At the same time, traditional mining sector risks—in areas such as health and safety, strikes and social activism, regulatory compliance, stakeholder relations, …

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, …

These include budget overruns, inflation, and exchange rate fluctuations. Post-Mine Closures: Risks in this stage relate to long-term environmental and financial obligations, including site rehabilitation. Closure and Post-Closure Risks: After mining operations cease, post-closure risks pertain to ongoing maintenance and rehabilitation.

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 ...

The inherent risk in the mining industry due to high levels of uncertainty, volatile commodity prices and physical hazards to both people and the environment also make technology adoption challenging (Deloitte, 2016). The negative impacts of technology adoption on achieving daily production targets have put a strain on employee acceptance …

An index for drought induced financial risk in the mining industry. L. Bonnafous, U. Lall, and J. Siegel. A water risk index for portfolio exposure to climatic extremes: conceptualization and an application to the mining industry. ... or in some cases the entire industry, due to environmental risks, including those related to water use and ...

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 …

Some investors have become risk averse and are unwinding their positions in base metals, with valuations suffering as a result. At the same time, traditional mining sector risks—in areas such as health and safety, strikes and social activism, regulatory compliance, stakeholder relations, cybersecurity, data privacy, finance, and operations ...

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 ...

Abstract. Mine tailings—the residue remaining after mineral processing—represent a serious risk to the natural environment, and the failure of tailing storage facilities has caused some of the ...

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

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 …

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 ].

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.

Commodity price risk remains the top risk the industry faces, while the new addition of global pandemic risk at number two is unsurprising. Economic downturn and uncertainty …