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10 — Key Economic Sectors and Services

2018-11-1or social factors—may mean that water is not available in sufficient quantity or quality for some uses or locations. {10.3} Climate change may negatively affect transport infrastructure (limited evidence, high agreement). Transport infrastructureGet price

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Local communities and health disaster management

Mining communities throughout the SADC region, including South Africa, are characterised by poor social conditions, such as poverty, unemployment, poor housing and infrastructure, prostitution, and a high influx of unaccompanied migrant labour. Major health issues in this regard are the extraordinarily high incidence of HIV and STIs (sexually transmitted infections), Get price

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The Mining Metals Sector under scrutiny by

50% of Mining Metals companies integrate ESG objectives in their remuneration policy: Due to the nature of their operations, Mining Metals companies are heavily exposed to CSR risks across their operations. The sector is showing leadership on the integration of ESG risk factors into its Corporate Governance Strategy and internal risk processes.Get price

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The Mining Metals Sector under scrutiny by

50% of Mining Metals companies integrate ESG objectives in their remuneration policy: Due to the nature of their operations, Mining Metals companies are heavily exposed to CSR risks across their operations. The sector is showing leadership on the integration of ESG risk factors into its Corporate Governance Strategy and internal risk processes.Get price

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Sustainability risks and opportunities report

2021-1-9regulators. Our case studies flag up social responsibility risks that threaten the license to operate a mining . operation, risks tied to perceptions of over-consumption of water and reputational risks linked to investments in projects with potentially damaging environmental consequences. The sustainability risk register is, of course, much Get price

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Solutions to Mining Industry Risk Challenges

2021-2-25The very nature of mining natural resources means that many businesses will have operations in some of the most remote and inhospitable areas in the world and very often coupled with a high susceptibility to natural catastrophe. In addition to the traditional risk factors, the mining industry now faces an even wider range of challenges.Get price

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Environmental risks in lending

2021-2-24This Environmental and Social Risk Briefing covers Mining and Metals (including Quarrying). Mining is the extraction and development of sub-surface solid resources. Core mining and quarrying products are metals and minerals, precious and semi-precious gemstones, building and road materials and industrial non-metal products.Get price

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ESG Industry Report Card: Metals And Mining

2019-6-5sectors. - Main social tensions arise from fears of pollution, water usage conflicts, and economic/landscape impacts on nearby communities. - Governance of high-rated companies tend to be the best, especially for those located in jurisdictions with long histories in mining. The ESG Risk Get price

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Corporate Social Responsibility of Mining Industries

2014-3-10The Corporate Social Responsibility (CSR) programmes of mining companies tend to focus on community initiatives as their impact in economic, social and environmental terms is felt greatest at the local level. However, the effectiveness of CSR initiatives in the oil, gas and mining sectors has been increasingly questioned.Get price

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Risk management and risk factors

Material risks and risk factors. third-party legal challenges to individual mining projects and broader social or political opposition to mining may increase the cost, timing and complexity of mine development and construction. labour disruptions may occur in sympathy with strikes or labour unrest in other sectors of the economy. In Get price

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The Impact of COVID

2021-2-1According to ICMM2, the mining industry directly contributes around 1%–2% of total employment in a given country. However, two important factors must be underscored: Large-scale mining plays a critical economic and social role in remote areas. Large-scale mining activities are localized in remote areas with underdeveloped or fewGet price

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Risk Analysis in the Mining Industry

2018-9-25regarding risk factors associated with mining projects, are required to develop the current project management status of the mining industry. Mining project activity is subject to high risks because of its size, uncertainty, complexity, and high costs. Large engineering projects are high-stakes games characterized byGet price

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Social impact assessment in the mining sector:

2018-8-1According to the screened literature, there are some key factors influencing the social performance of mining. In case of high economic dependency on the mining industry, the whole regional economy is more vulnerable to commodity price fluctuations and negative effects of boom-bust cycles can occur ( Tonts et al., 2012, Petkova-Timmer et al Get price

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RISK ASSESSMENT AND MANAGEMENT

2015-6-24risk assessment and management by applying the principles outlined in this handbook. 1.3 Risk assessment and management context This handbook addresses the issue of risk assessment and management in the Australian mining industry. In the mining industry—with its inherent potential for major accidentsGet price

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Managing social standards in global supply chains:

Safety and health conditions at work are very different between countries, economic sectors and social groups. Deaths and injuries at work take a particularly heavy toll in developing countries, where large numbers are engaged in activities such as agriculture, fishing and mining.Get price

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Mining Sector

Factors including environmental regulations, commodity prices, exchange rate volatility, new technologies, and political/economic uncertainty all pose challenges for the sector. But opportunities abound, at home and abroad, for those Canadian mining companies that can embrace change while intelligently managing their evolving risks.Get price

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Complementarity of social and environmental indicators

2019-1-14Acceptable Mining" (Wessman 2014, 2016), local communities may complain as community costs (infrastructure, day care, and housing for workers) increase. Furthermore, establishing a new mine site may cause the transfer of workforce from other sectors. The negative perception of mining is often linked to a riskGet price

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The six key factors for mining success while

2021-2-22Deloitte, the financial consulting firm, says commodity prices have plunged to five year lows, raising the stakes for companies to survive and still achieve results for their stakeholders.This is an important message to convey to the African mining market during the Cape Town Mining Indaba week as the global industry gathers to share their vision on the way Get price

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Managing social standards in global supply chains:

Safety and health conditions at work are very different between countries, economic sectors and social groups. Deaths and injuries at work take a particularly heavy toll in developing countries, where large numbers are engaged in activities such as agriculture, fishing and mining.Get price

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Social impact assessment in the mining sector:

2018-8-1According to the screened literature, there are some key factors influencing the social performance of mining. In case of high economic dependency on the mining industry, the whole regional economy is more vulnerable to commodity price fluctuations and negative effects of boom-bust cycles can occur ( Tonts et al., 2012, Petkova-Timmer et al Get price

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Top 10 business risks and opportunities

The themes of license to operate and disruption run through this year's risks, as social responsibility and broader stakeholder demands intensify alongside the need for digital transformation, greater risk taking and innovation. Top 10 business risks facing mining Get price

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COVID

2021-2-3COVID-19: How social and economic sectors are responding. The COVID-19 crisis is having a devastating effect on all social and economic sectors. In a series of briefs, the ILO analyses how the pandemic is affecting the functioning of these sectors and how they are responding to alleviate its effects.Get price

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Skadden Discusses the Social Factors in ESG

2020-11-9Investors have historically overlooked social factors amid a focus on the environmental and governance counterparts as they assess the merit of an investment. This may have been due in part to the difficulty in quantifying social concerns as drivers of shareholder return as well as a lack of available data.Get price

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The Impact of COVID

2021-2-1According to ICMM2, the mining industry directly contributes around 1%–2% of total employment in a given country. However, two important factors must be underscored: Large-scale mining plays a critical economic and social role in remote areas. Large-scale mining activities are localized in remote areas with underdeveloped or fewGet price

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ESG Industry Report Card: Metals And Mining

2019-6-5sectors. - Main social tensions arise from fears of pollution, water usage conflicts, and economic/landscape impacts on nearby communities. - Governance of high-rated companies tend to be the best, especially for those located in jurisdictions with long histories in mining. The ESG Risk Get price

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How Environmental, Social, And Governance Factors Help

2018-10-23prevalent ESG risk. - These factors affected issuers in developed and developing markets similarly. - Most ESG-led rating actions were negative. - Our existing criteria enable us to incorporate existing and emerging ESG credit factors. Environmental, social and governance (ESG) risks--and opportunities-- are a material part ofGet price

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The six key factors for mining success while

2021-2-22Deloitte, the financial consulting firm, says commodity prices have plunged to five year lows, raising the stakes for companies to survive and still achieve results for their stakeholders.This is an important message to convey to the African mining market during the Cape Town Mining Indaba week as the global industry gathers to share their vision on the way Get price

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Economic insight for the mining sector

With heightened geopolitical risk and renewed global economic growth it has become increasingly important for mining firms to monitor macro factors that could signal a price change. Apply our global economic and industry models to run scenarios on an aggregate and individual country basis, testing assumptions and external shocks that would Get price

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Social Risk Leader: Prevent, not repair

Mining Journal World Risk Report 2018 (feat.MineHutte ratings) Social Risk Leader: Prevent, not repair 2018 EDITION: A comprehensive annual review of mining risk, including a jurisdiction-by-jurisdiction ratings system and an assessment of general business and operating risks and trends.Get price

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Big Five

SRK's team of social issues specialists has helped clients adopt and implement responsible social practice in challenging circumstances. For developing country miners, this has involved navigating one or more of the "big five" social issues below: • Involuntary resettlement. Economic and physical displacement of communities often Get price

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