Before answering the question on automation’s role in reducing business risks in mining, one would need to consider what the business risks are and how automation can assist in risk reduction. At the recent Automation University Classic 2013, x’s Global Solutions division South Africa listed ten top business risks according to Ernst & Young’s Business risks facing mining and metals 2012-2013: resource nationalism, skills shortage, infrastructure access, cost inflation, capital project execution, maintaining a social licence to operate, price and currency volatility, capital management and access, sharing the benefits and fraud and corruption… (more)