SA Mines and Energy Journal : Dec09-Jan10
15 DECEMBER 2009/JANUARY 2010 SA MINES & ENERGY JOURNAL FEATURE Mining and Resources Risk Solutions Many businesses today are aggressively scrutinising their risk exposure and insurance cover in an effort to control the cost of insurance while retaining adequate risk protection. Management of a company s risk profile requires a balanced approach between risk transfer and the installation of management systems and insurance purchasing options to minimise and avoid loss creating situations. OAMPS specialists provide risk solutions that improve corporate performance and productivity as well as reduce costs. Our expertise in the resource sector include: OAMPS Insurance Brokers Ltd ABN 34 005 543 920 AFSL 238312 Ref: 0194NOVE08 Adelaide branch 8172 8000 168 Greenhill Road, Parkside SA A Wesfarmers Company fluidity surrounding the Defence Department's future needs. "It's a complex issue, " Mr Kuchel says. "No mining company knows where the mineral deposits are going to be, just like the Defence Department can't predict the operations it will need to test. "Clearly, there will always be some areas that are just not open to negotiation. There will always be a couple of losers -- that's where things get tense. " Paul Holloway, SA's Minister for Mineral Resources Development, recognises the importance of both industries to SA and says the Government believes they can co-exist. Paul Heithersay, Deputy Chief Executive of PIRSA. Dominion Mining's Challenger mine is in the Woomera Prohibited Area.