The COVID-19 pandemic is rapidly evolving bringing with it a
flurry of mining and exploration project shutdowns in response to
restrictions imposed by various governments. Managing the health
and security of the workforce and communities, minimizing mine
operations and the management of the short-term cash flow are
matters that are top of mind for all mining businesses. In these
turbulent times, mining companies should also not lose sight of
their ongoing regulatory compliance and contractual obligations and
managing the medium- and long-term consequences of those
requirements.
Although mining businesses should try to avoid possible
contractual defaults and regulatory non-compliance, they should
also be prepared to respond in the event breaches and
non-compliance occur. The following regulatory and contractual
issues should be considered, keeping in mind mining companies will
have issues that are specific to their operations that can
supplement those listed. This