Australia is blessed with an exceptional endowment of natural resources – minerals and petroleum.
“Australia’s minerals industry is innovative, technologically advanced, capital intensive, and environmentally and socially progressive. The industry is a major contributor to national income, investment, high-wage jobs, exports and government revenues in Australia,” Minerals Council of Australia
According to the Chamber of Minerals and Energy, the Western Australia resources industry alone accounts for nearly one-third of the $248 billion Western Australian Gross State Product (GSP).
And according to leading management firm, Deloitte, the industry appears poised for greater growth than it has seen in a decade. But mining companies need to determine how to operate in a market characterised by constant disruption, including increasing stakeholder demands, greater conditions across land access, environment and native title.
“The rewards in mining are great, but the risks keep getting greater. It is these areas that we help protect mining companies to manage their risks, protect wealth for their shareholders, and also wealth for the country.”
There are five key risk areas that we help our clients manage: