Sustainability

Risk Management

Panoramic is committed to the effective management of risk. Our aim is for risk management to become embedded in all our business systems, mining operations and exploration activity.

We identify all material risks, assess them against accepted criteria and ensure that appropriate control measures are implemented. We also have effective insurance strategies in place and are in the process of developing and putting in place crisis management and business continuity plans at our operations.

In 2007/08, a Risk Management Guideline was developed and approved by the Board. Risk registers and mitigation plans were developed at Savannah and Lanfranchi to ensure risks are being managed appropriately. At Copernicus, a risk register is in the process of being developed to make sure all significant risks are identified and control measures implemented.

Risk Management Guideline