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Risks in geology from the point of view of management

Journal: Business Education in the Knowledge Economy (Vol.4, No. 1)

Publication Date:

Authors : ; ;

Page : 3-6

Keywords : economic geology; risk management; risk analysis;

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Abstract

Nowadays, plenty of producer companies face risks in the field production of mineral deposits. These risks are caused by a high degree of uncertainty in the geological, technological, economic and political aspects. That is why incorrect solution on the development of a field is a sign of large capital losses and staff efforts. Whereas modern economic conditions, this article is an attempt to minimize the impact of risks at the stage of analysis and decision-making on the development of deposits.

Last modified: 2018-02-19 10:09:32