RISK MANAGEMENT IN MINING
Learn about practical, best practice enterprise risk management techniques to identify, understand, and manage risk in mining.
Risk Management in Mining Course
Utilising best practice risk management tools and practices across the mining sector and beyond, this course will explore how you can establish an integrated framework in your organisation, using mining case studies and how risk management can become a competitive advantage and support the industry to become more responsible.
You will learn about risk management tools and techniques utilised by a range of disciplines and industries. The tools have been proven to work in mining, together with other sectors such as oil & gas, aviation, healthcare, utilities, agriculture, and finance.
Through clear descriptions of the tools and short case studies of where they have been used, you will be able to compare the pros and cons of these techniques, evaluating each for its viability in your organisation.
Where appropriate, you will be encouraged to explore the flexibility of best practice risk management tools, tailoring them so that they become more useful and deeply embedded in your organisation.
WHO SHOULD ATTEND
- The risk manager looking for tools and techniques to help pull different risk assessments together into a cohesive whole.
- A shift supervisor looking for a fresh approach to risk assessments that will engage your team and encourage them to use the tools.
- The health and safety manager interested in how to utilise risk management to help build a safer culture.
- The environmental manager looking for tools to enhance your environmental impact assessment.
- The social manager searching for integrated tools through which stakeholders' material risks can be represented.
- Front line through to Board members and those looking to refresh or build their enterprise risk management framework and process.
TOOLS & TECHNIQUES TO BE EXPLORED
- Understanding the context and scope of your risk assessments: the extended enterprise model.
- Identifying risks based on requirements from safety, environment, social, engineering, finance, legal, as well as all other stakeholder areas.
- Risk analysis and evaluation techniques such as the 10-minute risk bow-tie, risk impact and action matrices, root cause analysis, failure mode events analysis,
- What is a real control? Controls and critical controls.
- Risk owners versus control owners - how do we really manage our risks?
- Monitoring the status of our risks: key risk indicators and leading indicators.
WHAT PEOPLE SAY
—Jordyn Aitken, HSE Systems Manager ALLTECH
"I never expected an online training to be so energetic and interactive, but I didn’t feel at all like we were missing anything by not being in a classroom. So many great takeaways for me (as is evidenced by my copious notes taken), and I leave the training feeling inspired with plenty of food for thought. Really brilliant training, and I wish I’d taken it sooner! So thanks to you all for everything."
- Understanding why mining companies make use of risk management, how we manage risk in mining and what we can learn from other sectors.
- Exploring what risk assessment looks like in different parts of the organisation. e.g. front line tool box talk; project; board room.
- Engage your stakeholders through risk workshops (including the use of facilitation tools to identify, analyse and assess risks)
- Provide clarity on how to develop, implement, monitor and review risk controls.
- Developing and using risk appetite and tolerance. Applying this to case studies such as tailings dams.
- Learning to embed risk within standard reporting and how to create a risk report that means something.
- Establishing a framework to implement a comprehensive risk management system, including roles and responsibilities, policies, procedures and system guides
- Providing a future vision on risk management and the main means of development for it based on the current global context within mining and beyond.