ERM Observations and Insights from PDAC 2015
22 April 2015
The Prospectors and Developers Association of Canada (PDAC) Convention, is one of the world’s leading conventions for individuals involved in mineral exploration. This year it brought more than 23,000 attendees from over 100 countries to Toronto, Canada.
The pressure on mining companies is higher now than ever before. Today’s leaders recognize that meeting these demands requires effective line management and that they need to place equal emphasis on numerous stakeholders’ demands for a relentless focus to ensure health, safety, environmental and community (HSEC) risks are identified, assessed, and controlled.
In an era where a ‘social license to operate’ is a pre-condition for a successful mining venture and depressed commodity prices challenge mining economics, new approaches that identify ways to increase value to all stakeholders through HSEC performance excellence are required.
ERM was an active participant at the PDAC 2015 conference. We spoke at a number of presentations covering health and safety in mineral operations, navigating the world of sustainability standards and managing the environmental footprint of mining. We also held a panel discussion about the new ‘normal’ in mining, where we looked at how individuals and companies in this sector are responding.
This document is our topline view of our observations and insights from the PDAC Convention 2015. Whilst it is not meant to be exhaustive, we hope it stimulates some thought, or reinforces your own thinking, which we would be delighted to discuss with you further.
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