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DEVELOPING A MORE EFFECTIVE RISK MANAGEMENT PROCESS IN THE RESTRUCTURED ROMANIAN MINING

Gabriel Bujor Băbuţ

First published: 2011-06-20https://doi.org/10.5593/sgem2011/s03.115View metrics

Abstract

The inadequate comprehension of specific haza rds, mainly related to their nature and magnitude, have lead in the past to the occurrence of several catastrophic events in the Romanian mining industry. The mining industry, like other major global industries, must consider and manage risks to business objectives, to remain successful. Management of risks requires a proactive, systematic approach, applied when key decisions are being made across the life cycle of the industry, from exploration to mine closure. Presently, the Romani an mining industry is comm itted to improve the quality and consistency of risk assessments conducted across the industry. There is also a need to introduce more sophisticated methods and their associated benefits, therefore providing the opportunity to achieve a higher effectiveness of risk assessment processes. The paper has as goal to outline the basic issues which should be addressed when setting the strategic, organizational and ri sk management context required for risk assessment, and to highlight the appropriate risk assessment methods applicable in every life cycle stage of a mine, ranging fr om design until closure and rehabilitation. The paper also emphasizes the specific issues to be approached during the risk identification phase in mining working systems.

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Publication details

Title
DEVELOPING A MORE EFFECTIVE RISK MANAGEMENT PROCESS IN THE RESTRUCTURED ROMANIAN MINING
Authors
Gabriel Bujor Băbuţ
Proceedings
SGEM International Multidisciplinary Scientific GeoConference EXPO Proceedings; SGEM2011 11th International Multidisciplinary Scientific GeoConference
Publisher
Stef92 Technology
Year
2011
Pages
Not available yet
ISSN
1314-2704
ISBN
Not available yet
Language
en
Publication type
Conference Paper
References5
  1. Bǎbuţ, G.B. & Moraru, R.I. Risk management programme for the mining industry, UNIVERSITAS Publishing House, Annals of the University of Petro şani - Mining Engineering, vol. 4 (XXVI), Petroşani, Romania, pp. 106-113, 2003.

  2. Lees, F.P. Loss Prevention in the Pro cess Industries - 3 volumes, second edition, Butterworth Heineman, Oxford, UK, 1996.

  3. Gadd, S., Keeley, D. & Balmforth, H. Good practice and pitfalls in risk assessment. Research report 151, Health & Safety Executive (HSE), Sudbury, Canada, 2003 (http://www.hse.gov.uk/research/rrpdf/rr151.pdf).

  4. * * *, Risk management handbook for the mining industry - MDG 1010, NSW Department of Mineral Resources, St. Leonards, Australia, 1997.

  5. * * *, AS/NZS 4360: 2004 - Risk management. Standards Australia/Standards New Zeeland, Sydney/Wellington, Australia/ New Zeeland, 2004.

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