About Us

MINEVIK Machinery is a leading and pioneering enterprise with the most advanced international level in R&D, manufacturing and selling of large-scale crushing & screening plants and beneficiation plants.

large-scale crushing & screening plants and beneficiation plants.

All of our equipment have got ISO international quality system certification, European Union CE certification and Russian GOST certification.

  • In central China-Zhengzhou, covering 140 thousand square meters
  • Win-win cooperation and create more value to customers
  • Exported large quantities and high-end mobile crushing plant and milling equipments to Russia, Kazakhstan, Indonesia, Ecuador, South Africa, Nigeria, Turkey more than 100 countries .

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Our Products

AS a leading global manufacturer of crushing and milling equipment, we offer including quarry, aggregate, grinding production and complete stone crushing plant. We also supply individual crushers and mills as well as spare parts of them.

Services

Our goal is to guarantee the excellent operation equipment with high safety for our customers and minimize the downtime of the machine by predictive maintenance. Kefid service and original accessories can be 100% trusted at the time of maintenance.

SERVICE AND SUPPORT

Minevik service and original accessories can be 100% trusted at the time of maintenance.

ACCESSORIES CENTER

striving to enable customers to get the parts in the nearest place.

SALES MARKET

Our sales market is spread all over more than 100 countries and regions

inherent risk mining industry

Mining risk and assurance

industry has invested substantially in controls to prevent and detect risk, but there is more work to be done in order to make risk a part of everyone’s daily job. This paper identifies eight key drivers of value from strategy through to sustainability and examines the risks inherent in each of these areas. If mining businesses are to safeguard

Key Risk Factors Aurora Minerals

The following summary, which is not exhaustive, lists some of the major risk factors, of which potential investors need to be aware. Summary. Exploration and mining companies throughout the world are subject to the inherent risks of the minerals industry.

Risk Management – The Political Risks of Mining

1/04/2012· The mining industry, particularly in emerging markets, is arguably the most susceptible sector to political risks due to its importance to host economies. Mining projects can represent significant percentages of GDP and, as a result, projects can become flash points for nationalist debate. This has the potential to trigger changes in government

How is inherent risk assessed by an auditor?

Inherent risk is assessed primarily by the auditor's knowledge and judgment regarding the industry, the types of transactions occurring at a particular company and the assets that the company owns

Risk assessment workbook for mines

Risk Management Handbook for the Mining Industry).’ WRAC is a specific qualitative risk assessment method designed to be applied when an organisation wants to understand its risks and clearly identify the priority or highest risks in its operation. 5. Standards . Standards can be taken to mean Australian Standards, International Standards

RISK ASSESSMENT AND MANAGEMENT IM4DC

risk assessment and management by applying the principles outlined in this handbook. 1.3 Risk assessment and management context This handbook addresses the issue of risk assessment and management in the Australian mining industry. In the mining industry—with its inherent

Draft Guidance Note – Environmental Risk Assessment for

DRAFT Guidance Note – Environmental Risk Assessment for mining proposals and mine closure plans . PURPOSE. The purpose of this guidance note is to provide additional practical advice relating to the preparation of a comprehensive . environmental risk assessment for inclusion in a Mining Proposal and/or Mine Closure Plan. OBJECTIVES

Inherent Risk Definition Investopedia

28/08/2019· Inherent risk is the risk posed by an error or omission in a financial statement due to a factor other than a failure of control. In a financial audit, inherent risk

What is Inherent Risk? Definition | Meaning | Example

Definition: Inherent risk is the probability that an omission or misstatement will exist in the financial statements due to uncontrollable factors and will not be caught in the audit. What Does Inherent Risk Mean? What is the definition of inherent risk? Financial auditing incurs inherent risk, especially when dealing with complex transactions that require a higher degree

How to Assess Inherent Risk in an Audit dummies

Auditors must determine risks when working with clients. One type of risk to be aware of is inherent risk. While assessing this level of risk, you ignore whether the client has internal controls in place (such as a secondary review of financial statements) in order to help mitigate the inherent risk

Draft Guidance Note – Environmental Risk Assessment for

DRAFT Guidance Note – Environmental Risk Assessment for mining proposals and mine closure plans . PURPOSE. The purpose of this guidance note is to provide additional practical advice relating to the preparation of a comprehensive . environmental risk assessment for inclusion in a Mining Proposal and/or Mine Closure Plan. OBJECTIVES

A hazard management system for mining operations |

Risk appraisal, which is a process to identify hazards at the mining operation. Risk assessment, which is a process to assess the inherent risk to harm to mine workers from the identified hazards and to identify the controls required to manage that risk. Guidance on these processes is available in:

RISK ASSESSMENT AND MANAGEMENT IM4DC

risk assessment and management by applying the principles outlined in this handbook. 1.3 Risk assessment and management context This handbook addresses the issue of risk assessment and management in the Australian mining industry. In the mining industry—with its inherent

Roof falls: An inherent risk in underground coal mining

The 28th International Conference on Ground Control in Mining Roof falls: An inherent risk in underground coal mining Kouros Shahriar1, Kazem Oraee2, Ezzeddin Bakhtavar3 1- Islamic Azad University South Tehran Branch, Tehran, Iran

Risk identification, assessment and management in the

of the mining industry, is linked to economic sectors such as Risk identification, assessment and management in the mining and metallurgical industries The Journal of The South African Institute of Mining and Metallurgy OCTOBER–DECEMBER 1999 323

The top risks facing mining in 2018 Australian Mining

20/10/2017· Digital effectiveness has emerged as the number one risk for the mining and metals industry, according to Ernst & Young’s (EY) latest Top 10 business risks facing mining

Construction Risks: Identifying, Managing and Mitigating

— Transference of risk to a third party (e.g. insurance, hedging, contracting). — Mitigation by identifying actions that will minimize the impact of the risk on project cost, schedule, quality, or objectives. — Acceptance of the risk as inherent to the project. Acceptance is generally a viable strategy for high consequence, low likelihood

Mining Management (MINE 4165) web.uwa.edu.au

(1) Define risk using an equation. (2) Define inherent risk and residual risk. (3) Distinguish between statute and common law (4) Explain the role of legislation in risk management terms? (5) Identify the three different types of organisational culture (6) List the risk management process steps. (7) What is a statutory compliance system?

The top risks facing mining in 2018 Australian Mining

20/10/2017· Digital effectiveness has emerged as the number one risk for the mining and metals industry, according to Ernst & Young’s (EY) latest Top 10 business risks facing mining

Does cyber risk only become a priority once you’ve been

Organizations need to apply good risk management principles; and this starts with thinking about the issue such as cyber risk, just like a business risk. Understanding the cyber threat landscape is the first and vital foundation step in the change to improve the cyber maturity. In order to address the step-change needed, mining and metals

Inherent Risk and the Audit Plan Financial Term Paper

Inherent Risk and the Audit Plan Financial Report Audit Risk Analysis for Admiralty Resources NL. Hi, wasn't sure if you wanted/needed an abstract for this kind of report, so I left the page blank just in case you wanted to fill in a short one.

Recent developments illustrating corruption risks in the

Key risk areas for mining companies. The mining industry presents a 'perfect storm' of bribery and corruption risk. The combination of high-risk jurisdictions and pervasive governmental involvement is a volatile mix. The following outlines some of the key risks and suggests some ways to mitigate those risks. Operating in high risk countries.

Risk in Auditing Inherent Risk HKIAAT

An entity in the fast-changing high-technology industry faces a risk of inventory obsolescence. Rapid innovations can cause the entity’s products to become obsolete very quickly and the inventory may not be appropriately valued. This risk is inherent in the business of the entity. Audit Risk Risk of material misstatement Inherent risk Control risk Detection risk . 4 Recognising this fact

Can Residual Risk Be Higher Than Inherent Risk?

Inherent risk less the effect of controls equals residual risk. This implies that residual risk will always be less than or equal to inherent risk. However, any general rule is there to be challenged. Can residual risk be higher than inherent risk? To assess this, we need to understand the way in which controls modify risk, leading to a

Risk Analysis in the Mining Industry InTech

Risk Analysis in the Mining Industry 105 x Risk learning process of documenting lessons learned from the PRM activities. Fig. 1. Risk management process model The objective of PRM is to reduce the probability and impact of negative risks of a project. The RM is an iterative process throughout the project s life, because new risks may evolve or become known as the project progresses

Top 5 business risks facing the mining industry in 2018

26/10/2017· Each year, the mining industry begins to turn its attentions to the future and in particular, the specific business risks that are on the horizon. Ernst & Young has released its research into the 10 Business Risks facing mining and metals 2017-2018, and

Managing occupational health in the mining industry

Coal Operators Conference The University of Wollongong 8-10 February 2017 296 MANAGING OCCUPATIONAL HEALTH IN THE MINING INDUSTRY David Cliff1, Jill Harris, Carmel Bofinger and Danellie Lynas ABSTRACT: With the recent resurgence of "black lung" detection in the Australian Coal Mining Industry, the spotlight has fallen onto the management of the health aspects of health and

Inherent Engineering

Inherent has the capacity to capitalize on the latest industry advances and help our customers to gain a competitive edge. Mining & Metals Inherent has the capability and expertise to execute and manage large, complex projects for mining and metals Clients.

Contact

When we get your inquiries, we will send tailored catalogue, pricelist, delivery, payment terms and other,required details to you by email within 24 hours..