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|Event:||MBA Risk Management Module|
|Date/Time:||17/01/2019 - 19/01/2019 - All Day|
MBA Risk Management Module
Location: SAA – School of Management
Organizer/where: SAA Turin (University of Turin School of Management)
This is the fourth edition of our Risk module in MBA course at the SAA (University of Turin, Italy, School of Management).
Through a series of exercises of increasing complexity delegates will have the opportunity to practice the correct glossary and then:
MBA Risk Management Module
We make a point to illustrate each concept with countless anecdotes and “vignettes”. Furthermore this year we will use the horrific highway accidents in Bologna as well as the Morandi Bridge disaster to illustrate numerous aspects of risk management.
Delegates will e able to realize by themselves the limitation of classic, common practice 4×4 or 5×5 risk matrix approaches (FMEA). They will come to understand the advantages of modern approaches, especially when risk informed decision-making (RIDM) is requested.
This year again we will offer delegates the opportunity to use a Riskope test which delivers a view on the participant talents and risk taking archetypes.
We will then perform exercises first with “homogeneous” groups, i.e. delegates with similar talents and archetypes, then with “mixed” groups.
|Event:||Water Management and Treatment – Risks and Best Practices|
|Date/Time:||21/01/2019 - 24/01/2019 - All Day|
Water Management and Treatment – Risks and Best Practices
Location: The Westin Ottawa
Water Management and Treatment – Risks and Best Practices Description:
Water has become a strategic issue for the industry as it can be both a threat and an opportunity. Thus decisions about water have grown increasingly complex. As a result new tools are being applied to enable holistic assessments of water management in mineral processing. These aim at improving performance of projects while reducing multi-hazard risks since pre-feasibility stage .
The course will draw on examples of existing and/or historic operations to explain the benefit of adopting modern best practices in water treatment, tailings management, and finally risk assessments. In brief, the participants will learn the following:
Block 1: Introduction: Change in industry’s thinking about water
Block 2: Effects of water on project performance:
Block 3: Review of Water Management and Treatment Risks:
Block 4: Best Practices – Risk Adjusted Life Cycle Cost Analysis
Block 5: Closing remarks:
|Event:||CIM Technical Session: "Towards Improving Environmental and Social Disclosure in NI43-101”|
|Date/Time:||02/05/2017 - All Day|
|Location:||Palais des congrès de Montréal, 1001 Jean Paul Riopelle Pl,, montreal,|
CIM Technical Session: “Towards Improving Environmental and Social Disclosure in NI43-101”
Co-chairs of CIM Technical Session: “Towards Improving Environmental and Social Disclosure in NI43-101”: Ian Thomson and Alistair Kent
The disclosure rule under NI 43-101 requires that companies provide technical information that is:
The Ontario Securities Commission and British Columbia Securities Commission review in 2013 , and 2015 , respectively, indicated that 80% of NI 43-101 was non-compliant and 32% of the environmental and social sections were not compliant.
The CIM has to date provided definitions, standards and best practices in the topics of geology and mining but has provided little guidance in social and environmental aspects. The fact that there are no defined requirements for what is a qualified person; definitions, standards and best practices for aspects such as water, tailings and mineral waste management would suggest that deficiencies in the environmental and social sections in NI 43-101 technical reports are higher than 32%.
The Environmental, Social and Governance (ESG) Disclosure Working Group has the mandate to codify best practices related to NI 43-101. The scope of this working group includes:
Topics for discussion could include:
CIM discussion abstract:
NI 43-101 and risks. What risks?
The definition of the “viewing angle” (corporate, investor, regulators, public, etc.), the success/ failure criteria, the resulting multi-dimensional consequences are of paramount importance when attempting to perform a risk assessment (RA). If any of those is missing or unclear any RA will be meaningless or at least misleading.
This is particularly important when looking at the relationship between the disclosure requirements intended for investors following, for example, NI43-101. NI43-101 reports should provide information about a mine to prospective investors. However, in our experience, numerous factors generally not included in the report can turn a great prospect into a financial disaster, with dire consequences to the investors.
Recent failures of tailings facilities brought back this particular issue with great emphasis.
Thus it is reasonable to ask: should an NI43-101 report contain information about critical mine’s facilities (risks) such as tailings, access roads, logistics, etc..? And, if positive, which ones? Should NI43-101 report include holistic convergent scalable and drillable risk assessments? Again, if positive, convergence should cover at least:
We will focus the attention on various well reported accidents such as Duke Energy, Mount Polley, Boliden, Samarco looking at the share valuation over the accident period and other consequences and comparing those “occurred risks” to other possible events. We will show the effect of “one out of many” possible events, compare it to “one out of one” event. As we have developed to date large spectrum risk assessments for tailings systems, dumps, road and railroad mining logistic, mining wharves, water, energy, cyber, etc. we will use these example to show that a risk assessment intended for investors is very different (in its conclusions) than the one intended for the corporation or a manager.
Conclusion: if considering investment in a new mine or investment in a mine upgrade read the NI43-101 report but don’t think it is enough. It is time to get the full picture and understand a few specific points about what risks really matter to you, the investor.
|Event:||Private presentation at Biotechnology Research Institute of the National Research Council of Canada|
|Date/Time:||28/04/2017 - 10:00 am - 12:00 pm|
|Location:||National Research Council Canada, 6100 Royalmount, montreal,|
Private presentation at Biotechnology Research Institute of the National Research Council of Canada
This Private presentation at Biotechnology Research Institute of the National Research Council of Canada is a two hours event covering a wide spectrum of interests.
Scope of the presentation