Risk is everywhere in the mining industry – financial, technical, environmental and – increasingly - social. Junior and mid-tier mining companies may not have a dedicated Risk Officer, but nevertheless need a comprehensive risk management strategy. This course unpacks risk in all its dimensions: learners will systematically identify, objectively assess, cost effectively monitor and strategically manage risk. Learners will also examine scenarios where successful risk management generated opportunities. This course will appeal to, and benefit from, a diversity of mining industry backgrounds, including directors, investor relations, analysts, accountants, technical professionals, CSR specialists and corporate development officers.
- No prerequisites are required for this course.
- Not offered this term
- This course is not offered this term through BCIT Part-time Studies. Please check back next term or subscribe to receive email updates.
Upon successful completion of this course, the student will be able to:
- Identify regulatory sources of risk disclosure.
- Conduct a risk identification analysis of all the financial / operational / strategic / compliance / reputational risks facing the student’s company or industry.
- Compare risk tolerances of stakeholders in the mineral exploration industry: long vs short term, financial vs environmental, community vs shareholder.
- Illustrate methods of quantitative and qualitative risk assessment.
- Select methods of risk monitoring.
- Compare risk management tools.
- Propose methods of risk management.
- Generate de-risking strategies.
- Contribute to the company’s risk management programme
Effective as of Fall 2014
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Programs and courses are subject to change without notice.