Monitoring and risk management: a mining company perspective
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Transcript of Monitoring and risk management: a mining company perspective
MMEA FINAL SEMINAR BIOREX, HELSINKI, NOV 26, 2015
Monitoring and Risk Management
A mining company perspective
Anita Alajoutsijärvi Sustainable Development Mgr
Agnico Eagle Finland Oy, Kittilä Mine
CONTENTS… - ENVIRONMENTAL, SOCIAL, ECONOMICAL ACCEPTANCE - ENVIRONMENTAL RISKS AND CHALLENGES - PROCESS RELATED RISKS - EXTERNAL ENVIRONMENTAL RISKS - WHAT IS / SHOULD BE THE MONITORING AND RISK MANAGEMENT…
AGNICO EAGLE | KITTILA | 3
MONITORING AND RISK MANAGEMENT – A MINING COMPANY PERSPECTIVE
Mining – risks and challenges - to be minimised, if can not be eliminated…
Water
Air
Soil
Social acceptance
Economical acceptance
Environmental acceptance
…also…
Post closure
AGNICO EAGLE | KITTILA | 4
Environmental Risks – Challenges (you can not remove the mines…)
- Depending on ore type, site location, process type -
Post Operational Phase - Obligations
- Landscaping - Monitoring,
drainage water pumping?
- long term effects?
Process, Mine drainage, Waste rock land fill, Seepage, Sanitary, Ground, Surface…waters - Water balance - Water treatment
applicable treatment?
Air emissions - Particles
- NOx, SOx,,, - Odor gases
Soil - Passive
treatment/Wetlands - Harmful substances’
accumulation?
Water
MONITORING AND RISK MANAGEMENT – A MINING COMPANY
PERSPECTIVE
AGNICO EAGLE | KITTILA | 5
Process related risks - Depending on ore/process type – technical challenges - Complicated process – importance of process optimisation, utilisation of
automation, chemicals dosage: quantity, quality etc. - Measuring of right parameters with appropriate instruments and
optimised frequency? - On line measurements – enough, besides manual and lab measurements? - Sampling and sampling points enough, along the production process –
assay data of internal, external labs - Maintenance – service, calibration – also preventive! - Process waste management - Process knowledge – experienced, specialised employees – skilled people
enough? And trained?! All affecting the production efficiency
the environmental performance
the social acceptability
MONITORING AND RISK MANAGEMENT – A MINING COMPANY PERSPECTIVE
AGNICO EAGLE | KITTILA | 6
External Environmental risks caused by - weather conditions - climate change
• Temperature • Precipitation • Floods?
Predictive diagram for the river water level, 1 a (SYKE)
Mean
Max
Min
MONITORING AND RISK MANAGEMENT – A MINING COMPANY PERSPECTIVE
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Environmental risks and challenges
Risks now and in the near future – quite easy to identify Preventive actions successful almost always Risks in longer term – not that easy to identify Leading very likely to unexpected situations, Preventive actions may not be successful
Post operational time: even more difficult…! In Mining the longer term effects play nowadays even a bigger role! All the way the right data and observations should be collected.
MONITORING AND RISK MANAGEMENT – A MINING COMPANY PERSPECTIVE
AGNICO EAGLE | KITTILA | 8
What is/should be the monitoring and risk management? and delivering
= Dynamic, Early Risk Management System, Giving reliable forecasts At the moment: ’Still way to go’, things should be focused on with longer time perspective… There are available tools, all the data just to be utilised more.
Target: A monitoring system applicable in mining environment, giving a possibility to combine data and parameters from many different sources (environment, process, laboratory – internal and external,,,,) according to the needs
MONITORING AND RISK MANAGEMENT – A MINING COMPANY PERSPECTIVE
Generated information (e.g. by correlations) of key parameters, indicating possible coming issues/anomalies in process, emissions etc. and also and warning about unexpected situations – the earlier the better, the easier the better! to be reacted on early enough to be taken into account in decision making to minimise the risks
AGNICO EAGLE | KITTILA | 9
Investing on Early Warning and taking less risks… OR Savings on costs, resources, but taking more risks… Maybe you actually were not saving! Which one you choose? ’To become a winner, you should be two steps ahead!’
MONITORING AND RISK MANAGEMENT IN MINING INDUSTRY
Trading Symbol:
AEM on TSX & NYSE
Investor Relations:
416-947-1212
agnicoeagle.com
Thank you!