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2011 | Adam Leach
mining company in Botswana is strengthening its risk management processes
following disruptions to its steel supplies.
Lucara Diamond Corp’s AK6 mine, which is
currently under construction, was affected by interruptions to its steel
supplies caused by industrial action in South Africa.
Lamb, president and CEO, and Tony
George, VP mine development at the Botswana operation, told SM
that risks for the construction period have been identified and potential
mitigation measures put in place. For steel delivery, alternative suppliers have
been considered and decisions made in the context of the company’s risk appetite,
as well as other considerations. Lucara is assessing the impact of the
disruption and will issue an update once things are clear.
engineering, procurement and construction management partners have been working
closely with the suppliers, and now that the strike is over they are reviewing
and updating the project schedule,” said Lamb. “On-site tasks are being re-prioritised
to utilise the labour available and to improve transition between contractors.”
the company will use experiences garnered from the disruptions to boost its
risk management process for when the mine is opened. It is scheduled to be
finished by the end of this year.
are not an operating entity [the mine is still being constructed], the
management of the effects of industrial action will form part of the ongoing
risk management processes that will be adopted when the AK6 mine is in
month, the mine was confirmed to be on schedule finish by the end of 2011, with
procurement 81 per cent complete.