risk management in mines

risk management in mines

Risk management for mine closure: A cloud model and …

An integral framework for mine-closure risk management that includes risk assessment and risk treatment was proposed. Given the fuzziness and randomness of the transformation between qualitative and quantitative knowledge in the risk assessment process, a novel risk as- sessment method based on the cloud model was presented, …

Mining management: The path to operational excellence

In this article, we explore how new mining management principles can help lead to improvements in productivity, efficiency, safety, and sustainability. ... This resulted in a near-eradication of risk, with incidents per million hours reducing by half. Financial and operational impact: Ensuring employees are empowered, aligned behind, and ...

Mining Hazard Risk Reduction and Resilience | SpringerLink

Mining hazard risk reduction and resilience is a complex concept involving two major actions: framing the risks posed by the hazard in an adequate typology and …

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 Deep Mines

The long-term goal is to develop a real-time risk management concept for intelligent deep mines. The objective of this paper is to summarize the outcomes of I²Mine and DynaMine, formulate a risk ...

Residual risk management

4. Risk management approach. The mine action sector is making more use of structured risk management principles and tools across all activities and at all levels within the sector. Risk is typically expressed as the 'combination of the probability of occurrence of harm and the severity of that harm' (IMAS 04.10 and ISO Guide 51:2014).

Risks and opportunities for mining and metals in …

A list of the top ten risks and opportunities for mining and metals companies in 2024 and, where they ranked in 2023. We see a number of key themes playing out: Expectations of investors and …

Mine Risk Management | Mining Journal

A detailed look at the mine risk management assessment necessary for jumping over mining industry hurdles and an overview of the preferred risk mitigation strategies.

Mining Safety: A Comprehensive Guide

Risk Assessment and Management. This practice is essential for preventing accidents and incidents, helping companies proactively address potential hazards. In fact, the four steps to safety …

Professional Masters in Mining Industry …

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 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 …

Risk pre-control mechanism of mines based on evidence …

The risk pre-control mechanism proposed in this paper provides a new idea for the practice of mine risk management. The overexploitation of mineral resources …

4. Risk Assessment and Risk Management of Mined …

Manual mine clearance assets represent a limited resource. A risk management process seeks to use mine clearance to best effect, i.e. to apply mine clearance to areas where it can be of most benefit, and in ways that reduce risk effectively and rapidly. ... mine risk in a small area, or significantly reduce the risk in a much larger area.

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 …

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 …

(PDF) Identification and categorization of hazards in the mining …

In addition to the above, risk management [43] and training/education [ 44 ] play a signi fi cant role in occupa- tional health and safety in small-scale mining.

Risk management in mine action

The purpose of risk management in mine action is to identify, assess, control and review risk wherever it may arise, such that mine action programmes, projects and activities are safe, efficient and effective in achieving their objectives. 5. Principles & cross-cutting issues

An Engineering Approach to Seismic Risk Management in Hardrock Mines

The management of seismic risk has become an essential process in m any mines operating at depth or in a seismically active environment. An engineering risk management approach has been

Risk Management Strategies for Open Pit Mining Through …

Risk management strategies for working in close proximity to historic underground workings are dependent on several factors including ground conditions, historic underground mining method and size ...

An Engineering Approach to Seismic Risk Management in Hardrock Mines

The problem of mining-induced seismicity in hardrock mines has become significant as underground mines from around the world are pushing production to deeper levels. At many mines, the risk associated with large seismic events and rockburst damage must be managed to ensure the safety of mine workers and minimise production losses. …

RISK ASSESSMENT AND ITS MANAGEMENT IN …

mining industry and the type of analysis involves in risk assessment, risk estimation and risk management in mining industry. Risk Identification The principal objective of risk identification program would be to locate risk before it becomes problems and adversely affect the situation under consideration. The situation may be environment ...

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 …

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 Assessment Methods in Mining Industry—A …

Therefore, the purpose of this article is to develop a literature review in the area of analysis, assessment and risk management in the mining sector, published in the last decade and based on the ...

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 …

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

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.

[PDF] Derelict Mines by Ravi Naidu eBook

This book considers a risk-based approach to managing derelict mines, which is reliable and cost-effective. FEATURES. Provides fundamental information on derelict mines and their inventory in different countries ; Explains risk-based management of derelict mines and the importance of community perspectives as a reliable and cost-effective method

Safety Risk Assessment and Risk Prediction in Underground Coal Mines

Allanson (2002) had carried out risk management in the underground coal mines in the field of strata control. He had used quantitative risk assessment to quantify the risk into different levels and illustrated types of strata control commonly identified concerning the recognized hierarchy of controls of minimizing the risk.