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Based on the case study, provide a brief discussion on the importance of risk management for mining companies. Furthermore, organisational risk management is also concerned

Based on the case study, provide a brief discussion on the importance of risk management for mining companies. Furthermore, organisational risk management is also concerned with planning in order to deal with loss situations and to recover from losses. Identify and differentiate the two (2) types of plans that mining companies could use in the context of the case study.

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