Risk management issues abound within the mineral exploration, extraction and processing sector. Risks vary by the nature and setting of the activities considered. Management of specific risks depends on the interests and focus of the individuals concerned. Some of the elements and issues that are relevant to mining-related risk management are illustrated in Figure 1. The range of issues includes, but are not limited to, political, social, regulatory, engineering, facility, financial, ecological, and personal liability. Good risk management practices attempt to minimize unwanted risk exposure by ensuring that the risk incurred at the various life cycle stages are understood within the context of their hazard potential, the probability (likelihood) of occurrence, and the potential consequences should they occur. Our general Risk page provides an overview of risk analysis, asssessment, management and communication.

A range of risk management services have been provided by our firm for the mining sector. Since our formation in 1980, we have been active in the area of human health and ecological risk assessment, and development of risk management strategies to mitigate potential impacts. Our extensive work in the uranium sector has positioned us on the forefront of evolving and emerging risk management practices. These practices have been integrated into the firm's other service offerings and disciplines, including facility risk analysis, operational risk and EMS performance reviews, closure designs, and liability assessments.