How can a mining company come to grips with capital cost overrun?
For the mining industry, controlling costs on capital projects has become a very challenging issue. Investors are asking tough questions, and expecting the board of directors to be accountable. In turn, the board is looking inside the organization for solid information that will satisfy investors, and help preserve the company's equity.
In this edition of Insights into Mining, we will examine how the Board can improve a company's approach to managing project risk, and discuss key learnings and leading practices on how to better manage capital costs during this challenging time in the mining industry.