Impact Archives

Summary of deal failures and their consequences in the mining industry vs. environmental catastrophes

Summary of deal failures and their consequences in the mining industry vs. environmental catastrophes In the last couple years the mining world has been shaken by a series of large “sour deals”. Among these “deal failures” consequences we can note the following “corporate casualties”. Here is a Summary of deal failures and their consequences in the mining industry vs. environmental catastrophes: Cynthia Carroll CEO of Anglo American said she would quit in Fall 2012. Not long after Marius Kloppler, the…

Avoid liabilities by using Optimum Risk Estimates

In one of our recent post we published a series of embarrassing questions that could arise in Court if you had used PIGs risk matrix…here is how to Avoid liabilities by using Optimum Risk Estimates and you would reply if you had used ORE instead. Questions and replies on ORE use 1) So, on which basis did you decide that the probability of the event was “medium” , and more importantly, how did you evaluate the probability of the events? By…