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On September 3, 2021, the Company announced drill results from the higher-grade Vortex Zone highlighted by 51.8 meters of 2.47 g/t gold and 25.5 g/t silver, some of the highest gold grades ...
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Some of the most common ethical issues in international business include outsourcing, working standards and conditions, workplace diversity and equal opportunity, child labor, trust and integrity, supervisory oversight, human rights, religion, the political arena, the environment, bribery and corruption.
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"The mining industry is always looking at macro-economic issues," Hopwood explains. "China really entered the world stage in 2004-05 and since then, apart from a hiccup in 2008, GDP growth rates have been very strong. The whole story has been around volume - just churn the stuff out.
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The shift from French to English is to be accounted for by the fact that, according to Braeckmans et al. [21], after the collapse of mining activities in the DRC and the promulgation of the new mining code in 2002, English-speaking investors revealed themselves more opportunistic in taking risks to start business in the mining sector. 3.2.
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Jun 17, 2022Here's a list of ethical issues in business and what you need to know to cope. 1. Discrimination and Harassment Harassment and discrimination are arguably the most prominent contemporary ethical issues in business today. Should an instance occur, the result could be devastating to your company's finances and reputation.
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QSBS is stock in a United States C corporation that had gross assets of $50 million or less at all times before and immediately after the issuance of the QSBS and has been actively engaged in a "qualified trade or business.". What constitutes a qualified trade or business is pretty broad, though it excludes certain service businesses (like ...
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Conduct a Risk Assessment. At its core, a compliance program is all about protecting an organization from risk. In order to do that, it's important to have a complete view of what risks the company faces. And that begins with a thorough risk assessment. The DOJ guidance recommends that the company analyzes and addresses ".the varying ...
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Your organization must be able to manage compliance and data privacy from any source, different operating systems and multiple apps. To remedy this, ensure you have the right data governance procedures in place. #3: Increasing maintenance costs. Keeping your systems secure and preventing data privacy issues at the enterprise level can be expensive.
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"We are working with our consultants to make operations safe, with the expectation that mining of the higher-grade gold ore in the UCS pit will start back up again in the third quarter of this ...
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Here are some strategies to consider, from Deloitte's "Mining spotlight on sliding productivity and spiraling costs." 1. Strengthen mine planning To improve sector productivity, companies can: Refocus on high quality production by increasing cut off grades.
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The following issues should be considered in assessing operating procedure documentation: There should be no easier, more dangerous alternatives than following the procedure. There should be a suitable QA system in place to ensure that the procedures can be kept up to date and that any errors are quickly detected and hence corrected.
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You have important issues with which to deal, such as strict underground dust emissions in volumes measured by g/m2 on a continuous basis; high air flow rates that create even more dusting events and a concentration of dust on ribs, roads and roof.
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The threat that is likely going to confront us is the fact that we are competing with already established sand and gravel mining companies in Northern Virginia and also there are other entrepreneurs who are likely going to launch similar businesses within the location of our business, and they will compete with us for the available market.
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The first universal requirement is to register as a money services business (MSB) with FinCEN. The process of registration is a no-brainer, but it's an absolute must for all Bitcoin ATM providers since operating an ATM without being a statutory MSB is a federal crime that leads to imprisonment or huge fines.
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Consultants are an important part of solving problems a business may encounter. A consultant has to use a variety of skills to work with people in need of their services. They may need to solve problems related to starting a business, merging with another business, and implementing new technology.
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What follows is a sampling of some of the legal concerns you may want to address with your attorney before you start your business. You will need to make sure that the business name you plan to use is not already being used by another business. You can do this by doing a name search with the appropriate state agency, which is usually the office ...
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The ecommerce industry is regulated by digital customer data privacy laws such as CCPA, Data Broker Registrations and GDPR among others. You must comply with the privacy laws applicable to your business in order to avoid potential legal penalties and reputational damages. 10.
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Caledonia is a gold-mining company with an operating mine in the southern region of Zimbabwe that is expected to produce between 55 and 59koz of gold in 2018 (company guidance).
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The NEPA, passed in 1969, established the basic environmental policies for the nation. NEPA defines processes for evaluating and communicating the environmental consequences of Federal decisions and actions, such as the permitting of new mine development on Federal lands. The processes established by NEPA are used by concerned parties to ensure ...
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This means it enables continuous improvement, and continues to deliver return on investment as businesses operate, not just at the initial stages. Compliance delivered Traditional process mining applications enable users to review process outputs to identify present and past deviations that could lead to compliance issues in the future.
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SOPs are brief, easy-to-understand and use documents, showing action points and workflows. Ultimately, they create process flowcharts for performing defined tasks. A great one outlines steps (so you don't have to announce them over and again) for routine, business-growing actions like: Onboarding new customers.
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The top four challenges identified by the Indaba delegates are: Infrastructure, Price Volatility, Skills and Reporting & Compliance. In opportunity terms, Africa is home to the majority of the world's mineral wealth and is therefore seen as a huge opportunity for mines and making exploration top of the opportunity list.
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There are five main types of ethical issues in the workplace: Unethical accounting — In order to make themselves appear more profitable than they are, publicly-traded corporations may engage in...
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A new Mining Act was put in place in 1995. The main features of the Act are: the divestiture of government from the business of mining through privatisation of the mines; the liberalisation of the fiscal policy; and the provision of several tax concessions to mining companies. This brochure and the supporting "Technical Reference ...
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Operating expense (OPEX) and investment in mining property (IMP) for the seven companies reviewed here have cumulative totals for the period ranging from 62 to 91 percent and a combined average of...
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Depending on the size and number of pieces, some may start with the edges and work their way toward the middle. Others identify similar pieces and begin working on specific sections of the puzzle. Each person chooses the best method to analyze and solve the puzzle. The same applies to mining data to support business planning and decision making.
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Contact the local port of entry you'll use to import your goods for import requirements and other information about the process. Even if you do not need an import license, you must fill out CBP entry forms within 15 calendar days of the date that your shipment arrives at a U.S. port of entry. Make sure to provide your importer number on all ...
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Jun 24, 2021Mining transactions are increasingly adherent to various ESG principles to satisfy lenders, partners and customers as well as to preserve their social licence to operate. In this article, we provide a brief overview of the different ESG principles relevant to funders and mining companies and take a deeper dive into how to incorporate those ...
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Read more. There are, however, significant environmental, social and governance (ESG) risks facing mining and metals companies as they bring on increased supply to meet this rising demand. In the EY report Business Risks and Opportunities facing M&M companies, the top two risks and opportunities for 2022 are environmental and social, and ...
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To help mining companies set their strategy and mitigate risk in the coming three to five years, Deloitte considered how the future might be affected by two uncertainties: (1) the severity of the pandemic, and (2) the level of collaboration within and between countries.
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The Commission set to conduct a public inquiry that was titled: "Public Inquiry on Mining in Taita Taveta and Its Impact on the Enjoyment of Human Rights". The public inquiry sessions took place from August 22nd to September 2nd 2016 in the Taita-Taveta Sub-Counties of Voi, Mwatate and Wundanyi. Through the public inquiry, the Commission ...
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TSM doesn't stop at active mining operations. It also covers working alongside communities to tackle issues with the legacy of mining, such as abandoned or mothballed mines that have not been managed adequately. It is believed that making operations more transparent will also help recruit an increasingly conscientious and eco-minded workforce.
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Proper planning is essential so it's advisable to avoid ad-hoc business. Remember that all you need to get customers' attention is a computer, a smartphone and an Internet connection. "Technology...
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such factors include, among others, risks and uncertainties relating to potential political, regulatory, and social risks involving great panther's operations in a foreign jurisdiction; potential...
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Be sure to allow an employment attorney to review the document before using it. 6. Your Business Plan. This is a business document you need to start a business, obtain loans and grants, and set up business partnerships. It's what outlines the goals of the company and a means to reach them.
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One of the main reasons many new players are flocking to the crypto mining sector is due to its high margins as well as support from the capital markets. The mining sector saw a slew of IPOs and...
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The Business Process Intelligence Challenge 2019 focuses on the compliance analysis of the Purchase-to-Pay process within a multinational company operating from The Netherlands. The participants are provided with a real-life event log data, which captures the information on the activities per-formed within the process of purchasing.
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Partners have a duty of loyalty to the other partners and must not enrich themselves at the expense of the partnership. Partners also have a duty to provide financial accounting to the other partners. For example, if you're in a partnership, you cannot make a deal to buy from a supplier at an inflated price with the understanding that you will ...
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Like most industries during these crazy times, the Metals & Mining industry is facing its own set of challenges. It has to contend with increasing scarcity of high-quality ores, mounting costs, unstable commodity prices, and smaller profit margins. And don't forget its health, safety, environmental, and carbon footprint challenges.
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Understanding the local geology is a very important part of the process, both economically and environmentally. The geology affects mining, processing and the ways in which we manage waste rock, tailings and water. It is also an important aspect of rehabilitation plans. Modeling the Ore Body Identifying and Addressing Impacts
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