Mining and Extraction Security

Mining and Extraction Security

The integrity of Mining and Extraction companies and their reliable operation remain key factors in ensuring the supply in resources, vital for the well-being of citizens and the economy. Security integrity becomes a critical facet through the fractious times which are the transition to cleaner energy. Mining and extraction is contentious and attracts the interest of protesters, activists, and environmentalists.

The goal of Mining and Extraction security is to take prevention, mitigation, and responsive measures in order to ensure the integrity of the assets, the reliable supply of extracted resources, the health of the workers, the health of the public, and respect for the environment. This is achieved with the Lions Gate Mining and Extraction Sector specific Security Management Program. Drawing on a methodology originally developed in Europe, this dynamic program of four phases, addresses, strategy and planning, risk assessment, security design, and implementation and review. It is rightly comprehensive and sometimes complex as befits threat consequences in the target sector. It is ready made and client adaptable and includes front to back management procedures and guidance. It addresses all regulatory and legislative compliance and is also designed to deliver a security performance that speaks to a return on security investment.

Geopolitical instability has exacerbated the growth in frequency and severity of cyber-attacks, including the targeting of energy critical infrastructure. There is a critical need for public and private partners to align, and enable their business, and digitally, by embedding cyber resilience in the business culture and operations and taking a systemic approach to risk management. CEOs in the coming years must think holistically, plan ahead, and focus on value creation.

Astute mining and extraction companies understand that effective risk management is a source of competitive advantage. Leaders who view uncertainty and risk more broadly than just compliance can anticipate challenges better, seize opportunities faster, and emerge from setbacks stronger. Safety compliance will always be paramount, but security is inextricably linked. The latter undoubtedly contributes to the former in a myriad of diverse ways. Taking the broader view, leaders will be able to mitigate the negative impacts of common energy sector risk pitfalls. These are self explanatory but often occur. Failing to appreciate the compounding impact of multiple risks – over reliance on probabilistic modelling – silo security operations – budget availability rather than security risk driven approaches and measures – ignoring lower in the hierarchy voices i.e., those at the coal face – risk management tokenism – only compliance thresholds adopted rather than security performance ceilings.

Third party organizational security risk management services are more cost effective and would provide mining and extraction companies with specialized security services and a talent pool of subject matter experts who can be called upon as needed. Finding security integrity in a convergent age is complex and sophisticated and will require the engagement of a specialists. There is no ‘jack of all trades’ security professional, and you are unlikely to justify budget and assemble such a team in house. At Lions Gate we have strategic partner expertise in addition to our in-house experts. This allows us to provide you with a front to back security solution that is appropriate, realistic and both risk and cost proportionate. Scalable risk-based solutions tailored to your mining and extraction operation.

Mining and extraction companies remain under exceptional pressure to control costs, heighten efficiency, and improve safety performance. Security performance has a critical role.

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