Australian Mining Risk Forecast 2017

Australian Mining Risk Forecast 2017

KPMG’s experts from across the Australian firm have collaborated to develop an inventory of the risks facing Mining Companies in 2017. This overview is intended to provide a better understanding of the risks organisations may face in the short to medium term across all aspects of the business.

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Companies worldwide, are bracing themselves for a year of increased uncertainty driven by growing concerns over political developments, increasing volatility in the market and technology disruption. The mining industry is no different.

Whilst the risks are neatly listed under the headings Social Licence to Operate and Technology and Innovation, in reality many of these risks are interconnected. During the year further insights will be distributed on a number of the risks listed as well as on how interconnectivity can be better understood and hence managed.

KPMG provides a holistic approach to risk to help our clients' risk framework align to their business agenda, especially as people prepare to drive sustainable growth into their business in an environment where trust and credibility are critical to success.

We work to protect and enhance business value by helping our clients manage risk in an agile and effective way, cut costs and improve business performance.

Our team of risk professionals comprises specialist individuals and teams dedicated to providing timely and practical advice, drawing on KPMG's advisory services that include a range of both holistic and specialist risk services which include Mining.

KPMG’s mining risks for 2017:

  • strategy
  • profitability
  • technology and innovation
  • health and safety
  • growth
  • structure
  • reputation and conduct
  • social licence to operate
  • people
  • operational
  • compliance and regulatory
  • environment.

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KPMG's Mining professionals assist organisations through all stages of the mining project lifecycle, from exploration to production.

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