The jump in production in the country's mines and mining industries

The jump in production in the country's mines and mining industries
  • 2020-04-19
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Due to the diversity of the country's mines in terms of type of storage and dimensions, and due to the excessive emphasis of governments on the entry of large companies in the field of mining, we now face a large volume of stray small capital, unused specialties and small and medium mines.

According to the International Stone Exhibition of Iran, risk assessment is very important in the field of mining and mineral industries. Companies in non-mining industries manage risk in a variety of ways.

Perhaps the most common methods are storing inventory and maintaining cash flow. The important point is how risk management in the mining sector should be, especially in various crises. This requires identifying differences in risk management in mining and the mining and other industries.

Perhaps one of the pillars of risk management in any industrial and mining sector is early detection of potential risk. Because we have a large amount of investment in the mining industry, early detection of risks is a key factor in strategic decision-making and decision-making, as well as achieving optimal investment.

This protects the mining industry from declining value and bankruptcy. On the other hand, access to the capital market is another key driver of authoritative confrontation with the risks in this area. One of the most common approaches to accessing the capital market in today's economy is to take advantage of the opportunities that small and medium-sized enterprises bring to various industries.

Due to the diversity of the country's mines in terms of type of storage and dimensions, and due to the excessive emphasis of governments on the entry of large companies in the field of mining, we now face a large volume of stray small capital, unused specialties and small and medium mines. In today's specific context of the country, it may be time for the pioneers of the country's mining sector to take serious and operational steps in order to structure small and medium-sized mining enterprises.

Ramin Entezari - Master of Mining - Samat