All PostsComRiskInterviewsRisk Management

Biggest risks at mining companies

todayMay 1, 2019

Background
PLEASE COMPLETE THIS FORM TO ACCESS THE content:
PLEASE COMPLETE THIS FORM TO ACCESS THE content:

We caught up with Felipe Magueron, Credit Risk Manager at Vale, to hear about his experience managing risk in mining.

A conversation with Felipe Margueron

As a mining company, what is in your opinion the biggest risk you are exposed to?

Sustainable mining is of uttermost importance for any mining company. We need to explore our planet’s resources carefully, building a chain of prosperity across all communities / countries where we work. Not succeeding on making this happen and communicating those developments to our stakeholders are the biggest risks faced by mining companies.

You are a credit risk specialist. Has your approach to credit risk management changed over the last few years? Why (whether it’s a yes or a no)?

Yes, risk management is all about changing the culture and incentives of company’s decision makers about how they look at return over invested capital for decision making. My approach is to implement return adjusted by risk for decision making.

You've been participating to ComRisk since year one, and before that to other gatherings around emerging markets, risk management and metals in general. What value do you see in taking part in such meetings?

It is always very productive to participate to ComRisk, the discussions during panels and also informal talks during breaks are very important to be updated on risk management trends.

Written by: Commodities People


Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *


Get Commodity Trading Premium Content to Your Inbox!
Enter your details and topics of interest and we’ll send you fresh commodity news and insights weekly!
Get Weekly Commodity Trading Premium Content to Your Inbox!
Enter your details and topics of interest and we’ll send you fresh commodity news and insights weekly!
You are Subscribed!
Thank you for your subscription. Commodity news & insights will be coming your way soon!
You are Subscribed!
Thank you for your subscription. Energy News will be coming your way soon!
Yes, Hide this Popup.
This website uses cookies to ensure that you get the best experience.
This website uses cookies to ensure that you get the best experience.