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Dealing with climate change

Author(s): 
A Van Zyl, A Maritz, E Retief
Date: 
Thursday, January 30, 2020
First presented: 
African Mining
Type: 
Article
Category: 
Environmental/Social
 

Mining companies will not only have to adapt to climate change but will need to consider the risks associated with extreme weather conditions in their business plans, writes Leon Louw.

With extreme weather events becoming more common, mining companies will have to decide on how to deal with the most severe impacts of climate change in the future. Many countries within which mining companies operate are not necessarily geared to deal with
the consequences and are at the receiving end of extreme weather events.

Geology determines where mining will take place, not the prevailing weather conditions. Therefore, mining companies will naturally be exposed to extreme events, and it will be beneficial for them to consider climate change as an external risk when developing the company’s business plan. But how real is the threat of climate change and is it something mining companies should be concerned about?

African Mining spoke to three experts at SRK Consulting (SA): Andrew van Zyl (AvZ), director and principal consultant; Ashleigh Maritz (AM), senior environmental scientist; and Estie Retief (ER), senior environmental scientist, to find out why climate change should be a prime consideration for mining executives when venturing into new territories.

Authors: Andrew van Zyl | Ashleigh Maritz | Estie Retief

Feature Author

Andrew Van Zyl

Specialisation:

  • Mine and project valuation;
  • Mining conventions;
  • Economics;
  • Recent valuations greater than $ 1 billion for chrome, copper and Gold;
  • Technical adviisor to the Government of Cameroon for the Mbalam Mining Convention and rail and port concessions.

Expertise:

Andrew has been involved in the fields of Mining and Engineering.  His expertise includes

  • Technical advice during mining convention negotiations;
  • Financial/techno-economic modelling;
  • Exchange rates and macroeconomics;
  • Research and reporting;
  • Precious and base metals due diligence;
  • Project management (managing tenders, the detailed design of processes and equipment, estimation, the procurement and erection of the equipment and have managed the cold and hot commissioning of process plants;
  • Tender management (analysis of project financials and risk);
  • General management (developing, budgeting, marketing and completing projects);
  • Quantitative analysis including model development and strategic analysis;
  • Process engineering and commissioning experience;
  • Operation of process plants, including a rapid train loading terminal.
Director | Principal Consultant
SRK Johannesburg
SRK Africa