This training course is aimed at anyone working within the mining value chain, that would like to understand how to analyze the risks posed by the current Covid-19 pandemic to the mining sector, how mining and related companies are managing Covid-19 related risks and how practically applied risk management can be used to make effective decisions during this current pandemic and prepare for the next one. It will explore risk management concepts such as Risk Tolerance and Appetite in the context of dealing with risks posed by a global pandemic such as Covid-19.
The course will also highlight the important link between strong Enterprise Risk Management and Organizational Resilience. Using an integrated approach, organizations can ready themselves to react in a timely and effective way in case of crises such as a pandemic.
Dates: 28 & 29 April, 2021
Duration: 6 Hours: 2 sessions of 3 hours
Time: 8:00 am - 11:00am PST. Check the exact time and date in your city here.
Price: $499 USD
See below for course policy
By the end of the course students will learn:
• To analyse the risks facing the mining industry such as those faced during the current Covid-19 global pandemic;
• How organisations (mining and related companies) are managing pandemic related risks;
• How risk appetite and tolerance can be applied to pandemic risks; and
• The fundamental principles of resilience and risk management to prepare for future pandemics and crises
Having completed her PhD at Imperial College, Sarah went to work as a Geologist for Anglo American. She was lucky enough to live and work all over the world in a variety of functions from exploration through to sustainability, risk management and assurance. This grounding allowed her to explore different risk management techniques and uses, applying them to real situations.
Sarah co-founded Satarla in 2014. Now with 80 Associates based globally and offices in London, Sydney, Johannesburg, Santiago, and Toronto, Satarla provides risk management consultancy, training, and research to organizations from sectors such as healthcare, agriculture, charities, finance, together with petrochemicals, energy, oil & gas, and mining. Specializing in making risk management practical and accessible to all those that use it, Sarah most enjoys projects through which a company’s culture can be evolved to meet its values and purpose. In recent years, this has focused on integrated risk management with a focus on Environmental, Social and Governance risks.
Sarah is an honorary lecturer at Imperial College London and Research Associate at the University of Johannesburg. Institute of Risk Management Accredited Trainer and course developer, Sarah is currently leading the team designing the new IRM Climate Change risk management training course. Voted as one of the top 10 most inspirational women in mining in 2016, she is also a trustee of Geology for Global Development and co-founder of Responsible Raw Materials. In 2020, Satarla were shortlisted for a CIR Magazine award for ESG Initiative of the Year, recognizing Satarla’s work on ESG to date, and are winners of the award for Specialist Risk Management Company of the Year.
Who Should Attend
Recommended attendees include board members, c-suite executives, risk management leads, health and safety leads, quality control leads and any other relevant professionals.
Continuing Professional Development (CPD)
Registered participants who attend the entire short course and complete an evaluation at the end of the course will receive a Certificate of Attendance, confirming the Professional Development Hours (PDH)/Continuing Education Units (CEU) earned. Please confirm with your employer and/or professional association that this course qualifies for CPD.
Notice of cancellation must be given in writing by letter, fax or email and action will be taken to recover, from the delegates or their employers, that portion of the fee owing at the time of cancellation.
A 10% administration fee will be levied for cancellations made 4 or more weeks prior to the first day of the course. Thereafter, the following cancellation refund schedule will apply.
- Cancellation made more than 3 weeks prior to the first day of the short course: 70% of the registration fee is reimbursed.
- Cancellation made more than 2 weeks prior to the first day of the short course: 50% of the registration fee is reimbursed.
- Cancellation made less than 2 weeks prior to the first day of the short course: no reimbursement of registration fees.
Edumine reserves the right to cancel an advertised course on short notice. It will endeavour to provide participants with as much notice as possible, but will not accept liability for costs incurred by participants or their organizations as a result of the course being cancelled or postponed.
1. The ability to analyze risks posed by a global pandemic such as Covid-19 to mining;
2. Demonstrate how other organizations (mining and related companies) manage Covid-19 related risks;
3. Be able to apply Risk Management techniques such as risk appetite and tolerance to better understand how to manage pandemic risks; and
4. Understand the key principle and techniques of Resilience to prepare for the next pandemic (or crisis)
1 – Introductions
2 – What are the risks posed by Covid-19 to mining?
Threats and Opportunities; Operations, Corporate and value chain.
3 – How are organizations (mining and related companies) managing Covid-19 related risks?
3.1 Ongoing monitoring of the risks
- Which models should we use/believe?
3.2 Crisis management and resilience
- 5 x C’s of resilience
- Case study for a large mining company
3.3 New way of working – adaption to new expectations
- “Back to the office” case study
- Flexible working – new expectations
3.4 Opportunities posed by changed mindset – i.e., taking advantage of Covid
- E.g. using satellite imagery to monitor remote sites
- E.g. Reduction in need for FIFO in e.g. Australia
- E.g. accelerated controlled nationalism of assets
4 – Risk appetite and tolerance for risks such as pandemic.
- How much risk is too much risk?
5 – Risk management and Resilience
- Preparing for the next pandemic…… or crisis that has the potential to take us by surprise…
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