MINING, METALS & MINERALS

Marsh's Mining, Metals, & Minerals  Practice identifies events, issues, trends and regulations that may impact the management of mining risk.

Mining, Metals & Minerals

Mining is a diverse and complex industry of vital importance to the economy. As a high hazard industry, casualty risks are inherent, but mining companies must also contend with new challenges such as an industry wide decline in financial solvency, consolidation, and an aging workforce. In addition, industry-specific risks such as environmental and reclamation bonding make it difficult for mining companies to remain financially competitive.

Marsh's Mining, Metals and Minerals Practice offers a variety of consultative services to help clients avoid, mitigate and transfer risk. These services include:

  • Mining Needs Analysis Checklist - a total package for risk management that combines needs analysis, risk assessment, and marketing submissions;
  • Risk Information - a Web-based incident tracking and workers compensation reporting system designed to tie multiple mining locations together with one database;
  • Environmental Consulting Services - a worldwide network of environmental specialists, including consultants that offer assessment of asbestos, lead, silica, and chemical contamination; and
  • Workforce Consulting - a specialty practice that develops strategies for managing a workforce, including diagnostics, absence management, behavioral sciences, and ergonomics.
Risk Consulting and Loss Control

Marsh's Risk Consulting engineers include experienced, knowledgeable experts who understand both market demands and industry issues. Our boiler and machinery specialists identify and address losses related to the mining sector with the following services:

  • Risk engineering services;
  • Health and safety assessment;
  • Workers compensation audits;
  • Integrated disability management;
  • Fleet (automobile/machinery) control;
  • Environmental evaluation;
  • Disaster planning; and
  • Thermal and acoustic risk management

Marsh's risk management professionals can help mining clients secure the best coverage, rates, and terms available, and offer services that include comprehensive due diligence studies; actuarial services; surety bonds and financial guarantees; and alternative risk financing programs.

With specialists in offices in North America, South America, Europe, South Africa, Asia, and Australia, Marsh's Mining, Metals and Minerals Practice responds to clients' risk needs by providing industry-leading benchmarking services, resources, and knowledge culled from active involvement in mining industry associations.

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Hydraulic Fracturing: Risks and Risk Management
October 19, 2011  |  Views: 1767 |  Comments: 0  | Article Rating
Hydraulic Fracturing: Risks and Risk Management
This article focuses on the risks and risk management solutions regarding hydraulic fracturing, or "fracking", a technique used to recover natural gas from shale formations.  >>
Marsh Insights Environmental Risk Quarterly: May 2011
May 03, 2011  |  Views: 1016 |  Comments: 0 
Marsh Insights Environmental Risk Quarterly: May 2011
The May 2011 issue of our quarterly environmental newsletter covers trends and developments in the environmental insurance market, the EPA's focus on financial assurance requiremen...  >>
An Integrated Approach to Controlling Workers' Compensation Costs
March 02, 2011  |  Views: 2101 |  Comments: 0  | Article Rating
An Integrated Approach to Controlling Workers' Compensation Costs
Employers can help to minimize workers’ compensation risk by improving their hiring processes, safety programs and procedures, and claims management.  >>
Mergers and Acquisitions in the Global Mining Industry
October 01, 2007  |  Views: 911 |  Comments: 0  | Article Rating
Mergers and Acquisitions in the Global Mining Industry
The value of global mergers and acquisitions (M&As) exceeded the $1 trillion mark in the first three months of 2007 (source: Dealogic). Growth was driven by strong equity marke...  >>
Enterprise Risk Management for the Mining Industry
February 01, 2007  |  Views: 947 |  Comments: 0 
Enterprise Risk Management for the Mining Industry
Enterprise risk management (ERM) is an emerging discipline among the world’s most successful mining companies. Stakeholder expectations have made identification, quantificati...  >>
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Mining Practice Industry Risk Challenges and Solutions
Views: 199 |  Comments: 0 
Mining Practice Industry Risk Challenges and Solutions
This document outlines the risks and challenges facing Mining companies in the short to medium term.  >>
Benchmarking Services
Views: 2927 |  Comments: 0  | Article Rating
Benchmarking Services
The Benchmarking Portal's rapidly growing database contains information on nearly 115,000 insurance policies covering $US75 billion in premium placements.  >>
CS STARS
Views: 3319 |  Comments: 0  | Article Rating
CS STARS
CS STARS LLC supports comprehensive risk management, enterprise risk management and compliance and safety management.   >>
Marsh 3D
Views: 4028 |  Comments: 0  | Article Rating
Marsh 3D
Marsh 3D is our dynamic service process, embedding powerful analytics and tools to help maximize the impact we can have on clients' risks at every juncture.  >>
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U.S. Insurance Market Report 2012: Mining
February 07, 2012  |  Views: 252 |  Comments: 0 
U.S. Insurance Market Report 2012: Mining
Underwriting assessment and valuation of business interruption exposures continue to be problematic for both policyholders and insurers.  >>
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Global Regulatory and Tax Changes to Affect Multinational Companies
March 14, 2011  |  Views: 1583 |  Comments: 0  | Article Rating
Global Regulatory and Tax Changes to Affect Multinational Companies
Multinational companies are demanding greater adherence to insurance and premium tax compliance regulations, as they face enhanced scrutiny from governmental bodies.  >>
Multinational Companies Benefit from Soft Market but Face Regulatory Compliance, Taxation Challenges
March 11, 2011  |  Views: 1485 |  Comments: 0  | Article Rating
Multinational Companies Benefit from Soft Market but Face Regulatory Compliance, Taxation Challenges
The global regulatory environment has hanged substantially, particularly in relation to insurance requirements and premium taxes changes.  >>
Soft Commercial Insurance Market Conditions Expected to Persist in Fourth Quarter of 2010
November 19, 2010  |  Views: 1410 |  Comments: 0  | Article Rating
Soft Commercial Insurance Market Conditions Expected to Persist in Fourth Quarter of 2010
Soft commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published last week by Marsh.  >>
Largest-Ever Punitive Damages Award in Employment Practices Case Highlights Need for Liability Insurance
June 14, 2010  |  Views: 2357 |  Comments: 0 
Largest-Ever Punitive Damages Award in Employment Practices Case Highlights Need for Liability Insurance
A recent ruling by the U.S. District Court for the Southern District of New York, in which the court awarded $250 million in punitive damages in an employment practices liability (...  >>
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October 19, 2011  |  Views: 938
Marsh Webcast October 26—Hot Topics and Innovations in Financial and Professional Liability
The webcast will examine the latest trends in financial and professional liability and the innovations being introduced to address the risks associated with the Foreign Corrupt Pra...  >>
July 05, 2011  |  Views: 1102
Marsh Forms New Global Mining Practice to Address Growing Risks
Marsh today announced the formation of a new Global Mining Practice that harnesses all of its mining expertise, experience, and relationships around the world.  >>
April 27, 2011  |  Views: 2832
First-Quarter Insurance Rate Increases Confined to Loss-Affected Exposures: Marsh
Global Insurance Markets Under Pressure as Atlantic Hurricane Season Approaches Despite record level first-quarter catastrophe losses, insurance rate increases were confined to lo...  >>
March 17, 2011  |  Views: 1059
Japan Earthquake: Global Supply Chains to Suffer Extensive Disruption
Organizations need to prepare for the possibility of an extended disruption to global supply chains resulting from the earthquake and tsunami in Japan, Marsh warned today.  >>
March 07, 2011  |  Views: 1172
Marsh Webcast — Developing an Integrated Approach to Workers' Compensation
As employers seek to manage escalating workers' compensation claims costs, Marsh will hold a one-hour Webcast on March 9 at 11 a.m. Eastern Time to explore the benefits of an integ...  >>
January 26, 2011  |  Views: 1710
Soft Commercial Insurance Market Conditions Set to Continue into 2011: Marsh
Soft commercial insurance market conditions persisted throughout the United States in 2010 and are poised to continue into 2011, according to a comprehensive report published today...  >>
January 12, 2011  |  Views: 1061
New Report Warns Current Global Governance Systems Lack Capacity to Deal with Global Risks
The financial crisis has drained the world's capacity for dealing with shocks. The frequency and severity of risks to global stability have amplified, while the ability of global g...  >>
September 10, 2010  |  Views: 773
Experts Gather to Examine Risks Associated with Next Generation Coal Power Production
As power producers confront major challenges such as the need for innovation, the risks associated with new and untested technologies and the global economic climate, Marsh will ho...  >>
March 25, 2010  |  Views: 786
Energy Insurance Losses in Chile Not Expected to Exceed $350m
Following a review of expected claims by its energy claims specialists Marsh, the world's leading insurance broker and risk adviser, has estimated that energy insurance losses from...  >>

Contacts
Kenneth Sloan
U.S. Mining, Metals & Minerals Practice Leader
Knoxville TN United States
865 769 7717
ken.l.sloan@marsh.com
   
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