Publication of the Mining Journal World Risk Report (feat.MineHutte ratings) is the culmination of more than 18 month’s work from concept to commitment to planning and, now, delivery. It is also the natural evolution of the ResourceStocks World Risk Survey – launched some 25 years ago – into a sophisticated product, more in keeping with the Mining Journal brand.
The report includes our Investment Risk Index, which is a robust system for rating jurisdictions across multiple metrics covering the Legal, Governance, Social, Fiscal and Infrastructure risk baskets. It is weighted toward hard, established risk-related indices but also includes perceived risk, which comes from the findings of a refocused World Risk Survey (weighting: 80/20). By rooting the system in hard numbers, we have produced ratings more resilient to manipulation, bias and large, year-on-year swings than would be possible using a purely survey-driven system.
The Investment Risk Index presents more than 3,600 aggregated and created data points across 85 jurisdictions. Some 17,000 words of analysis and discussion, along with almost 5,000 words of thought leadership script have been compiled around that data. The General Risk section of the greater report covers geographically indiscriminate Business and Operating risks and carries its only set of unique data accompanied by some 7,000 words of commentary.
“The overwhelming conclusion from this research is North America, and Canada specifically, is the safest place to invest resources capital,” Chris Cann, head of Aspermont’s recently launched and dedicated research unit, Aspermont Research & Intelligence, said.
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MINING JOURNAL WORLD RISK REPORT 2017
Mining Journal World Risk Report 2017 ePublication
Read the Mining Journal World Risk Report 2019 ePublication online
Introduction
MINING JOURNAL WORLD RISK REPORT 2017
Foreword: Taking a long-term view of risk
Risk management has always been one of the fundamental considerations for mining companies
MINING JOURNAL WORLD RISK REPORT 2017
World Risk Report 2017 Executive Summary
The ability to identify, acknowledge and manage risks is paramount for today's miner
General Risk Perception
MINING JOURNAL WORLD RISK REPORT 2017
General Risk Perception: Introduction and Methodology
The survey received 678 responses from resource companies services firms across the globle.
MINING JOURNAL WORLD RISK REPORT 2017
General Risk Perception: Business Risk Leader: Unique business, unique risks
Accepted wisdom for the rest of the market somehow does apply to mining
MINING JOURNAL WORLD RISK REPORT 2017
General Risk Perception: Business Analysis
We calculated the biggest risk out of those presented by assigning a numerical value to responses th
MINING JOURNAL WORLD RISK REPORT 2017
General Risk Perception: Business Discussion: Risk on the rise
The World Risk Survey results produced one number beyond question.
MINING JOURNAL WORLD RISK REPORT 2017
General Risk Perception: Operating Risk Leader: A commitment too far?
Compliance obligations can number in the hundreds, even thousands
MINING JOURNAL WORLD RISK REPORT 2017
General Risk Perception: Operating Risk Analysis
The battle for the biggest operating risk for miners was tight
MINING JOURNAL WORLD RISK REPORT 2017
General Risk Perception: Operating Risk Analysis
The battle for the biggest operating risk for miners was tight
MINING JOURNAL WORLD RISK REPORT 2017
General Risk Perception - Operating Risk Discussion: Top-down approach needed
Unsurprisingly, social and environmental issues dominate the top of operating risk list
MINING JOURNAL WORLD RISK REPORT 2017
Other Resources and References
Reference materials supporting the World Risk Report 2017
Country Investment Profiles
MINING JOURNAL WORLD RISK REPORT 2017
Greenland finally shows off its mineral wares
A massive island with deepwater ports all around - what's not to like?
MINING JOURNAL WORLD RISK REPORT 2017
Finland: Outcrop outperformance
Miners have literally just scraped the surface of Finland's mineral potential
Investment Risk Index
MINING JOURNAL WORLD RISK REPORT 2017
Investment Risk Index: Methodology & Inputs
The ability to identify, acknowledge and manage risks is paramount for today's miner
MINING JOURNAL WORLD RISK REPORT 2017
Investment Risk Index: Summary Charts - Hard Risk, Perceived Risk and Risk Index
Summary: Hard risk ratings, Perceived risk ratings and Investment Risk Index charts.
MINING JOURNAL WORLD RISK REPORT 2017
Investment Risk Index: Analysis & Discussion
An in-depth analysis and discussion of the Investment Risk Index results
MINING JOURNAL WORLD RISK REPORT 2017
Legal Leader
A well thought-out and prepared mining code is crucial for country to attract mining investment
MINING JOURNAL WORLD RISK REPORT 2017
Legal Risk Charts: Hard Risk, Perceived Risk and Risk Index
Legal: Hard risk ratings, Perceived risk ratings and Investment Risk Index charts.
MINING JOURNAL WORLD RISK REPORT 2017
Legal Analysis
The Legal hard-risk score is made up entirely of the MineHutte Regulatory Risk Ratings
MINING JOURNAL WORLD RISK REPORT 2017
Legal Discussion: Making the right noises
Miners should be heartened by the evolution of industry legislation
MINING JOURNAL WORLD RISK REPORT 2017
Governance Leader: The need for 'Google-isation'
Relationships among company, government and community are equally in need of modernisation
MINING JOURNAL WORLD RISK REPORT 2017
Governance Risk Charts: Hard Risk, Perceived Risk and Risk Index
Governance Hard Risk Ratings, Governance Perceived Risk Ratings and Governance Investment Risk Index
MINING JOURNAL WORLD RISK REPORT 2017
Governance Analysis
By far the poorest for business as a region was Africa, averaging just 28
MINING JOURNAL WORLD RISK REPORT 2017
Governance Discussion: Corruption simply doesn't work
Multiple factors combine to build good governance
MINING JOURNAL WORLD RISK REPORT 2017
Social Leader: CSR no longer an afterthought
Many of the more sophisticated executives are taking on a more responsible approach to CSR
MINING JOURNAL WORLD RISK REPORT 2017
Social Risk Charts: Hard Risk, Perceived Risk and Risk Index
Social Hard risk ratings, Perceived risk ratings and Investment Risk Index charts.
MINING JOURNAL WORLD RISK REPORT 2017
Social Analysis
The Social hard risk score is made up of three separate metrics, each weighted equally
MINING JOURNAL WORLD RISK REPORT 2017
Social Discussion: Focus and understanding keys
When someone mentions risk, social risk is probably what springs to mind for many mining executives
MINING JOURNAL WORLD RISK REPORT 2017
Fiscal Leader: Paying more to pay less
The old maxim of 'pay as little tax as possible' may still ring loud but is simply the wrong song
MINING JOURNAL WORLD RISK REPORT 2017
Fiscal Risk Charts: Hard Risk, Perceived Risk and Risk Index
Fiscal Hard risk ratings, Perceived risk ratings and Investment Risk Index charts.
MINING JOURNAL WORLD RISK REPORT 2017
Fiscal Analysis
Three metrics make up the hard risk numbers for the Fiscal risk basket
MINING JOURNAL WORLD RISK REPORT 2017
Fiscal Discussion: Different strokes
The global fiscal landscape for the mining industry has highly diverse structures
MINING JOURNAL WORLD RISK REPORT 2017
Infrastructure Leader
Mining and logistics infrastructure can represent a large percentage of project expenditure
MINING JOURNAL WORLD RISK REPORT 2017
Infrastructure Risk Charts: Hard Risk, Perceived Risk and Risk Index
Infrastructure Hard risk ratings, Perceived risk ratings and Investment Risk Index charts.
