Faced with falling commodity demand and prices and rising input costs, mining companies are experiencing declining margins. A series of major project failures has also put risk management under the microscope, with the further threat of labour unrest, political uncertainty and changing regulations.
This paper identifies eight key drivers of value and the associated risks. To safeguard this value, organizations need an integrated risk and assurance strategy that gives comfort to shareholders and other stakeholders. Below are the eight key drivers of value:
Quality growth through major projects
Operational excellence and profitability
Reputation and ethics