Due Diligence And Risk Assessment Towards Sustainable Investments In The Mining Sector

NATURAL RESOURCES AND INFRASTRUCTURE

Posted July 22, 2020

Due Diligence And Risk Assessment Towards Sustainable Investments In The Mining Sector

In a recent (July 21) Mining Coffee Chat, Dr. Remi Piet — Embellie Advisory — spoke with James Way Jones, who has led the Smart Way group for the last 20 years and carefully selects mining projects in Brazil and Sub-Saharan Africa, among other areas. The focus of the discussion was best practices in conducting due diligence and counter-party risk assessments on projects in Latin America and Africa.

The implementation of traditional technical, environmental and sociopolitical due diligence reviews has become almost impossible with the restrictions on international flights. However, several organizations rely on vast on-the-ground source networks that allow a swift monitoring and quantification of above-the-ground risk and technical concerns.

During the course of this Chat, Mr. Jones detailed the methodologies his group uses to focus on projects that are highly sustainable over the long term and have a reduced carbon footprint compared to existing projects in the same region. The discussion also covered best practices to mitigate above-the-ground risks, as well as value creation strategies towards the building of a social license to operate.

Click HERE to view the video of the webinar.

Mining Coffee Chats were weekly meetings held by Dr. Remi Piet, as part then of AMI. Remi explored important topics affecting the mining industry with expert speakers, and discussed with attendees the challenges they faced during COVID-19 and beyond.

The Embellie Advisory Mining Coffee Chats are now held in collaboration with the Emerging Markets Investors Alliance, a New-York based NGO focused on ESG investments.

To find out more about Embellie Advisory’s consulting work in the area of risk management for mining investors and companies, please explore our recent webinars, case studies and whitepapers.

Dr. Remi Piet

Dr. Remi Piet is the Co-founder and Managing Director of Embellie Advisory. Remi leads political and other risk analysis activities for the mining, energy and infrastructure sectors in Latin America and West Africa. He has worked on projects in more than 60 countries across Latin America, Africa and Europe and taught at several universities including the University of Miami, HEC (Paris) and Qatar University. Be it a snapshot country and counterparty risk analysis ahead of an asset purchase, the on-going monitoring of on-the-ground risks or the development of local sustainable value with stakeholders, Remi has a long track record of success building collaboration with a wide range of stakeholders.