Liability Issues Facing the Mining Industry Today

- Organization:
- The Australasian Institute of Mining and Metallurgy
- Pages:
- 10
- File Size:
- 57 KB
- Publication Date:
- Jan 1, 2005
Abstract
There are many avenues for potential liability facing the Mining Industry today. Liability for breaches of environmental statutes such as the Resource Management Act 1991 and the Hazardous Substances and New Organisms Act 1997 include not only financial penalties but imprisonment and perhaps even more significantly will affect the reputation of the Industry. The potential for liability is not restricted to the employees that cause the actÆs to which liability attaches, but also potentially affects all the levels of management and even the company itself. There is also potential for liability through common law actions which can be utilised in cases of environmental harm. These should not be ignored by the Mining Industry. The Mining Industry must take a proactive approach to minimise exposure to potential environmental liability. This can be achieved by undertaking comprehensive environmental management initiatives and policies.
Citation
APA:
(2005) Liability Issues Facing the Mining Industry TodayMLA: Liability Issues Facing the Mining Industry Today. The Australasian Institute of Mining and Metallurgy, 2005.