Risk considerations for a new era of mining
Events such as the Paris Intergovernmental Panel on Climate Change (IPCC) convention on climate change demonstrate strong political will that the global economy must become more sustainable. Great reliance will be placed on technologies that incorporate breakthroughs in material science that require increasingly rare earth minerals and metals.
Mining, one of the world’s oldest industries, is going through a period of rapid change to meet this demand. The unique context of each mining operation dictates the exact type and nature of insurance required.
This report explores the risks and drivers of current mining trends, and assesses the role insurance can play in the managing of mining risks in the interests of supporting human progress towards sustainability.