Adapting to climate risks and extreme weather: guide for mining - minerals industry professionals

AbstractExtreme weather events in Australia over recent years have highlighted the costs for Australian mining and mineral processing operations of being under-prepared for adapting to climate risk. For example, the 2010/2011 Queensland floods closed or restricted production of about forty out of Queensland’s fifty coal mines costing more than $2 billion in lost production.Whilst mining and mineral professionals have experience with risk management and managing workplace health and safety, changes to patterns of extreme weather events and future climate impacts are unpredictable. Responding to these challenges requires planning and preparation for events that many people have never experienced before. With increasing investor and public concern for the impact of such events, this guide is aimed at assisting a wide range of mining and mineral industry professionals to incorporate planning and management of extreme weather events and impacts from climate change into pre-development, development and construction, mining and processing operations and post-mining phases. The guide should be read in conjunction with the research  final report which describes the research process for developing the guide and reflects on challenges and lessons for adaptation research from the project.The Institute for Sustainable Futures, University of Technology Sydney (UTS) led the development of the guide with input from the Centre for Mined Land Rehabilitation, University of Queensland and a Steering Committee from the Australasian Institute of Mining and Metallurgy’s Sustainability Committee and individual AusIMM members, who volunteered their time and experience. As the situation of every mining and mineral production operation is going to be different, this guide has been designed to provide general information about the nature of extreme weather events, and some specific examples of how unexpectedly severe flooding, storm, drought, high temperature and bushfire events have affected mining and mineral processing operations. A number of case studies used throughout the guide also illustrate the ways forward thinking operations have tackled dramatically changing climatic conditions.Each section of the guide outlines a range of direct and indirect impacts from a different type of extreme weather, and provides a starting point for identifying potential risks and adaptation options that can be applied in different situations. The impacts and adaptation sections provide guidance on putting the key steps into practice by detailing specific case examples of leading practice and how a risk management approach can be linked to adaptive planning. More information about specific aspects of extreme weather, planning and preparation for the risks presented by these events, and tools for undertaking climate related adaptation is provided in the ‘Additional Resources’ section

Freshwater ecosystem services in mining regions : modelling options for policy development support

The ecosystem services (ES) approach offers an integrated perspective of social-ecological systems, suitable for holistic assessments of mining impacts. Yet for ES models to be policy-relevant, methodological consensus in mining contexts is needed. We review articles assessing ES in mining areas focusing on freshwater components and policy support potential. Twenty-six articles were analysed concerning (i) methodological complexity (data types, number of parameters, processes and ecosystem-human integration level) and (ii) potential applicability for policy development (communication of uncertainties, scenario simulation, stakeholder participation and management recommendations). Articles illustrate mining impacts on ES through valuation exercises mostly. However, the lack of ground-and surface-water measurements, as well as insufficient representation of the connectivity among soil, water and humans, leave room for improvements. Inclusion of mining-specific environmental stressors models, increasing resolution of topographies, determination of baseline ES patterns and inclusion of multi-stakeholder perspectives are advantageous for policy support. We argue that achieving more holistic assessments exhorts practitioners to aim for high social-ecological connectivity using mechanistic models where possible and using inductive methods only where necessary. Due to data constraints, cause-effect networks might be the most feasible and best solution. Thus, a policy-oriented framework is proposed, in which data science is directed to environmental modelling for analysis of mining impacts on water ES

Leveraging Big Data for M&A: Towards Designing Process Mining Analyses for Process Assessment in IT Due Diligence

The success of mergers & acquisitions (M&A) depends on the buyer\u27s adequate due diligence (DD) assessment of the target firm. Assessing the target\u27s IT-enabled processes recently emerged as a novel information technology DD (IT DD) responsibility. However, it remains unclear how to operationalize and conduct the process assessment in IT DD. To address this challenge, we propose the big data analytics technology process mining (PM) and follow a design science research approach, based on literature and 12 interviews, to reveal and operationalize requirements for process assessment in IT DD, demonstrate PM to measure the operationalized requirements, and derive design principles and enabling factors to guide the design, implementation, and use of PM for process assessment in IT DD. Consequently, our study contributes to research on IT DD, M&A, and PM and provides practitioners with design knowledge and a prototypical PM artifact to leverage PM for process assessment in IT DD

RiVAS and RiVAS+: Opportunities for Application of a Multi-Criteria River Value Assessment System Approach which Considers Existing and Potential States

The River Values Assessment System (RiVAS) uses a combination of expert panels and multi criteria analysis to identify primary attributes (or main features) of river values (e.g., whitewater kayaking, native birds) and their key indicators. The resulting data set is used to rank rivers for their existing (instream) and potential (out-of-stream) significance. The RiVAS method has been applied to seven values and tested across a range of councils with most focus in Tasman District. The tool has demonstrated utility and is very cost effective to implement. Further development has now led to RiVAS+ to consider potential significance for instream values, using the same attributes and indicators, and also identifying the interventions needed to achieve these potential future states (e.g., water quality improvements, willow removal, increased flows). RiVAS+ enables instream uses to be considered on the same basis as out-of-stream opportunities. RiVAS+ can be undertaken more-or-less concurrently with RiVAS and enables a range of applications. First, it allows decision makers to gain an understanding of the difference between existing relative importance or significance of a value and its potential (if restored or developed). Second, it enables better evaluation of potential restoration or development options in a range of circumstances including where water resource development is planned. Finally, with further input it might be possible to quantify the cost of the interventions which would then allow better consideration of mitigation and other options in resource management policy and decision making processes. In this paper we demonstrate the method and the opportunities.River values, prioritisation system, existing and potential, interventions, New Zealand, Environmental Economics and Policy,

ERDS: Emerging Risks Detection Support : 2007 project report

Rapport over het detecteren van risico's met de veiligheid van voeding. Aan de hand van het melamineschandaal wordt gekeken hoe in een vroegtijdig stadium risico's onderkend kunnen worde

Development of a Methodology for the Economic Assessment of Managerial Decisions as a Factor of Increased Economic Security

The article notes that the emergence of such a phenomenon as the interdependence of security and development, the so-called security-development nexus, becomes a determinant during the development of strategic documents at all hierarchical levels. It gives relevance to the search for methodological solutions that would on a strategic level take into account any potential threats to economic security, and on a tactical level provide for pragmatic actions that are not in conflict with the strategic development vector of business entities. The authors identify the instability factors that pose a real threat to economic security. They substantiate the expediency of forming a new model of the national economy development with a focal point on new industrialization. The article factors in the most important trends in the development of the global economy that determine the strategic vector of enhancing the economic security in Russia. It is ascertained that in the conditions of new industrialization, the intellectual core of the high-tech economy sector is formed by convergent technologies (NBICS technologies). The authors offer a methodological approach to the economic assessment of managerial decisions in the context of uncertainty. They also identify methodological principles that must be taken into account in developing a modern methodology for the economic assessment of business decisions. The principles include forming a preferred reality, or the so-called “vision of the future,” the priority of network solutions as the basis for the formation of new markets; mass customization and individualization of demands, principal changes in the profile of competences that ensure competitiveness on the labor market, use of the ideology of inclusive development and impact investment that creates common values. The proposed methodology is based on the optimum combination of traditional methods used for the economic assessment of managerial decisions with the method of real options and reflexive assessments with regard to entropy as a measure of uncertainty. The proposed methodological approach has been tested in respect of the Ural mining and metallurgical complex.The article has been prepared with the support of the grant from the Russian Foundation for Basic Research № 16–06–00403 "Modelling the Motivational Potentials of the Multi-subject Industrial Policy in the Context of New Industrialization"