It’s hardly a revelation to say that the mining industry is one in which risk is inherent. And yet, beyond the more obvious dangers that are associated with operational practices in a mining environment, the risk landscape for operators is becoming increasingly complex. Today, miners face frontier environments, issues with social licences to operate, potential impacts of climate change policies and local governments, cost-management challenges and issues around access to infrastructure, as well as softening commodity markets.
In some respect such a list belies the true extent of any one of these issues to a mining operation but, should any one of the above impact day-to-day operations the subsequent business interruption (BI) – or worse – can have significant implications. For…
