Case Study Of An Inactive Mine: Assessing Risk Of An Inactive Mine Aids EHS And Fiscal Planning

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In initiating the process of managing an inactive mine, Deloitte shouldered multiple responsibilities with environmental, health and safety risks. A mine not in use equals a sleeping dragon as it, unlike the navy freighter, cannot be decommissioned, relocated, sold or closed. Short term compliance results into large scale, expensive problems if ignored, such as groundwater contamination in cases of inactive mines. Fiscal responsible in demand by stakeholders in the maters of reasonable and effective maintenance of the mines. The issue addressed arose in response to the environmental impact of the deteriorating un-used mine. Addressing the concern, Deloitte identified an eight-step risk assessment methodology. This methodology included establishing the risk assessment context, identifying risk elements/hazards, analyzing risk, evaluating risk and determining acceptability, deciding to accept or treat risk, treating risk, monitoring and reviewing, and communication and consulting. With the mentioned process, insightful learning was drawn and could be equated with a robust insurance plan. On application on the site procured, 100 components ranked for EHS risk proving the success rate of applying the procedure on large scale and complex sites such as the one identified. The knowledge continued to act as the basis for funding requests, providing the federal government with assurance that money was allocated to address human health and environmental priorities in an open, transparent, and fiscally responsible manner.