The necessity and importance of risk analysis for investors in ore deposit projects

In recent years, there is an increase in private sector interest on the exploration and operation of mineral deposits in Turkey. Investors, who are the significant contributor of sectorial growth and the national economy, aim not only shorter payback periods, but also sustainable and high profit rates. Risk Management is becoming one of the most important requirements of the mining sector where the uncertainty and risk factors are incredibly high. Some of the uncertainty and risk factors are production quantity and timing projections, commodity prices, increasing costs, shortage of skilled labor, global financial expectations, regulatory pressure, environmental concerns and pressures. Each risk factor should be determined. Their effects on each other, the company financials and the success of the investment should be identified and analyzed in detail. Then, all possible scenarios should be determined and the findings should be summarized with modern methods. Enhancement of the investors' expertise in this direction plays an important role for the sustainable growth of the sector. In this context, writers believe that their studies will make real contributions to the national economy and to the sustainable growth of the mining sector.