Page 18 - Insurance Times September 2021

4th Prize Winner : Technical Paper Writing Contest 2020 Cover Story

RISK

ASSOCIATED

WITH MINING

SECTOR AND ITS

MANAGEMENT

Abstract
With the growth in the world demand and the economic situations, mining industry has also seen major technological
and managerial developments. New industrial methods and techniques; also use of skilled workforce are few of such
developments. Despite these developments, the mining industry is considered the most uncertain and hazardous
industries in the world. Hazards are part of every industry, and use of management tools are very common to counter
these hazards; somehow we have failed to properly address the risks associated with mining or underestimated it,
leading to loss of life and wealth of the concerned industry.
Underground mining is highly dangerous and strange environment is associated with it, and several factor is responsible
for this issue. It is therefore important to create an environment that is safe and secure in all the working conditions
ensuring the safety of the workers and the cost associated with it.
The intent of this paper is to address the risks associated with the mining so that it provides researchers and practitioners
the idea of how they can use this knowledge to create a safer work environment within the ambit of Occupational
Safety Hazards guidelines. Paper work will identify major risks and its management techniques to assess the hazard in
timely manner.

About the author Introduction:
Mining is the extraction of minerals or other geological
Suraj Sujit Bera substances that have some value from the Earth, usually in
M.Sc. Homeland Security and the form of an Ore. These minerals form a package that is
Anti-Terrorism of economic interest to the miner. Mining is required to

18 The Insurance Times, September 2021