It’s no secret that global political tensions have not been as volatile in this current generation. Without trade diversity, many key Australian industries are counting the cost of deteriorating relations.
The sponsor has a critical role as part of the governance board of any project, program or portfolio. Therefore, it’s very important to have an actively engaged project sponsor on your team.
AusIMM – or the Australasian Institute of Mining and Metallurgy – is the peak body for people working within the resources sector. On Wednesday 29 July, SER Solutions Director Peter Crane spoke with AusIMM on the capital investment lifecycle within the mining sector.
When it comes to foreign investment, sovereign risk was a term never truly associated with Australia. Now that the world has changed, how will it affect us?
Planned maintenance is a preventative measure used to maximise capital investment – after all, don’t you want your assets to go the distance?
Capital is bad, and operational expenditure is good as it’s a tax write off – right? When comparing Opex vs Capex, this couldn’t be further from the truth.
How assets are used can make a significant difference to their economy and value to the business. Training, supervision and morale play a significant part in delivering efficiency, for both the operating and capital accounts within a company.
That 34% of our GDP is tied to China as our prime customer, brings serious gravity to the current conditions. If the national economy is one third exposed, how does this translate to some of our mining and energy producers?
In the Select Phase, options are compared and scored against one another so that the best solution is identified and recommended for selection and implementation.