In a recent (July 21) Mining Coffee Chat, Dr. Remi Piet — director of the Natural Resources practice at Americas Market Intelligence — spoke with James Way Jones, who has led the Smart Way group for the last 20 years and carefully selects mining projects in Brazil and Sub-Saharan Africa, among other areas. The focus of the discussion was best practices in conducting due diligence and counter-party risk assessments on projects in Latin America and Africa.
The implementation of traditional technical, environmental and sociopolitical due diligence reviews has become almost impossible with the restrictions on international flights. However, several organizations rely on vast on-the-ground source networks that allow a swift monitoring and quantification of above-the-ground risk and technical concerns.
During the course of this Chat, Mr. Jones detailed the methodologies his group uses to focus on projects that are highly sustainable over the long term and have a reduced carbon footprint compared to existing projects in the same region. The discussion also covered best practices to mitigate above-the-ground risks, as well as value creation strategies towards the building of a social license to operate.
Click below to view the video of the webinar.
Mining Coffee Chats are weekly meetings in which AMI explores important topics affecting the mining industry. The Chats are held via Zoom every Tuesday at 11 a.m. ET (New York) time, usually featuring expert speakers and always allowing for attendees to obtain answers to the challenges that face them during COVID-19 and beyond.
If you have not already registered for Mining Coffee Chats, please click here to do so.
To find out more about AMI’s consulting work in the area of risk management for mining in different areas, please explore our recent webinar on rebuilding sustainable operations post COVID-19, case studies, our whitepaper on 7 key risks, and our analysis articles, which cover topics such as industry outlooks, political risk, operational risk, reputational risk and more.