Dealing with uncertainty is part of mineral exploration. The success rate for prospecting and early exploration projects is extremely low, with fewer than 1 in 10,000 mineral showings discovered actually becoming a mine. Add to that the high probability that a project will change ownership during the exploration phase, not to mention over the life cycle of a mine. While these realities may be clear for people working in the industry, they are often not well understood by communities impacted by exploration projects. Even if you have explained the unpredictable nature of exploration, your company’s departure from the site – whether it’s for the season, until the market recovers, or for good – may come as a shock to the community. Leaving on good terms with community stakeholders will be critical for the future of your project, and can have a serious impact on the impression that stakeholders will have of the mining industry overall.
As you prepare to leave your project, give some thought to the following considerations: