Modern Management In The Global Mining Industry

This book brings together perspectives from economics, specifically minerals economics, to the management of global mining companies. It covers volatile price forecasting, cost analysis, investment decisions, and the social, environmental, and developmental impacts of mining.

The pressure is on to enhance corporate reputations, achieve higher operational efficiency, improve planning and control, gain access to mineral resources, build trust with stakeholders, attract financing, recruit and retain a quality workforce, and lower costs. Sustainable Management of Mining Operations provides a holistic, practical approach to achieving these goals. The key, say the authors, is to create a culture within the organization that recognizes the value of sustainability by effectively integrating economic, environmental, and social considerations. Each section of this book focuses on sustainable management from a different perspective, management level, or stage of the mine life cycle. You'll benefit from real-life, practical insights from 27 internationally respected authors whose job titles have encompassed everything from CEO to master mechanic.

Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: The global mining sector has seen an unprecedented span of growth and upheaval in the last one decade. All the metal and mineral commodities rose from their low point in 2001-02 periods to an all time high in 2008. Although the global recession in 2008 severely affected their business global mining companies resumed their growth and surpassed their previous highs by the end of 2010. However, standing at this crucial juncture, they face major opportunities and threats in their near future. This report attempts to address these growth opportunities and major hurdles of the mining sector. Further, efforts have been made to understand the serious implications of policy changes by governments and the rise of the emerging markets. The key management strategies and business growth models adopted by the largest mining companies such as BHP Billiton, Royal Dutch Shell and Rio Tinto have been discussed in detail.

Extractive Relations explores the nature of industrial power and its role in shaping what we understand to be the global mining sector. The authors examine issues at the forefront of contemporary debates: corporate obligations in safeguarding the rights of people displaced by mining, the recognition of community rights and interests in supporting or opposing mining developments, the handling of non-judicial grievances and workability of corporate remedy systems, and the logic of community relations departments in navigating these issues inside and outside of the typical modern mining establishment. The authors develop a unique theoretical approach that highlights the different types and uses of power in these settings. This perspective is supported by the authors' own sustained engagement with the mining sector over many years, drawing on cases from over twenty countries. The analysis of these issues from both 'inside' and 'outside' the sector is a key point of differentiation. For readers seeking to understand how mining companies interpret and interact with the communities and interests around their operations, this book provides invaluable insight and analysis.

Provides case studies, commentary and analysis on the mining sector from international experts in business, across the four key focus areas of strategic, operational, financial and disclosure perspectives on mining. Invaluable to executives, managers and advisers involved in the mining sector, including public and private mining companies.

Based on the concept of corporate social responsibility, this book analyses modern approaches adopted by mining companies that could minimise negative impacts of mining and enhance positive benefits to corporate stakeholders. Using a case study of two mining sectors (gold and diamond mining) the book evaluates policies and practices of mining companies within four key areas of corporate social responsibility: environmental protection, health and safety, employee relations and community development. Also included is an assessment of three models for community development that are developed within the mining industries: company-led approach, establishment of corporate foundation and tri-sector partnership. The study analyses management of corporate social responsibility issues with specific reference to mining in the Russian Federation and provides a comparison with global mining companies.

Offering the first in-depth global analysis of the innovation ecosystem in the mining industry, this book is aimed at policy-makers and academia alike. A wide range of international contributors assess this from different perspectives, using both a novel mining patent and innovation database and a wide set of analytical approaches.