Risk Management and Risk Aversion Model Design for Mineral Resource Development in the West of China

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Abstract:

Based upon analysis of environmental and resource risks in development of mineral resources in the western area of China, the research has proposed five ways to avert risks in development of mineral resources from systematic perspective. Firstly, green mineral industry shall be developed to avert environmental risks. Secondly, group enterprises in the field shall be developed to avert market risks. Thirdly, technical chain shall be developed to avert resource risks. Fourthly, urban development and prospection of mineral resources shall be incorporated to avert the risk of city declining due to distinct resources. Finally, prospection of mineral resources shall be enhanced to better fight against risks.

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Periodical:

Advanced Materials Research (Volumes 452-453)

Pages:

312-315

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Online since:

January 2012

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© 2012 Trans Tech Publications Ltd. All Rights Reserved

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