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Mining & Resources

In today's economy Mining and Resource companies are finding themselves with an ever increasing burden of managing their risks and compliance environment.

Some of the biggest challenges faced today include:

  • Environmental, Health & Safety Hazard and Risk Management
  • Access to reserves that can be competitively mined
  • Access to capital
  • Skills Shortage
  • Increased regulatory pressures such as compliance, social responsibility, mining rights, clean air and water regulations, and more
  • Cost containment

It is in this environement that the risk and compliance officers need to operate effectively and efficiently.  The challenges posed lead the risk and compliance function to require solutions that will:

  • Meet regulatory requirements within cost and time constraints
  • Obtain a complete enterprise and accurate view of risk
  • Obtain a single integrated view of risk and compliance across the organization
  • Linkage of risk, root cause analysis, events, hazards and other elements of the GRC universe
  • Accurate modeling and management of capital projects and investment governance 
  • Containment of internal fraud

In order to meet these challenges, Cura's Enterprise GRC Platform has been developed to assist the Mining and Resources sector.  Cura's proven success in the sector is evident from its long list of customers that include Anglo American plc, Anglogold Ashanti, BHP Billiton plc, DRD Gold, Goldfields, Impala Platinum, Newmont, Uranium One, Xstrata plc and many other leading miners.

Cura's solutions will assist your organization in:

  • ERM Best Practice - Easy to use risk management information system that deals with identification, analysis, ongoing management and treatment of risks, RCSA's, full alignment with ISO 31000, and integration with quantitative, project management and BowTie analysis.
  • Centralized Information Store - for all risk and compliance related corporate information.
  • Advanced Reporting - covering reports and dashboards that range from local stakeholder related data right through to advanced aggregation, audit committee, risk committee and ultimately board reporting needs.
  • Quantitative Modeling and Analysis - providing key capabilities around modeling of capital investments, project risk management, investment analysis as well as what if's and scenario analysis.
  • HS&E - Health, Safety and Environment are key aspects that are driven by regulatory pressures. Using Cura features that enable easy capture, recording, investigation and audits of the HS&E issues that arise, the organization will benefit from the lessons learned and reduce overall risk and cost.

 

Related Information: 

To find out more about Cura's capabilities in this sector, please contact us .


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