16 March March Board Update March 16, 2020 By AMPLA Admin Board, General Board Update, COVID-19 0 From the Chair and Executive Director AMPLA is closely monitoring developments and advice from both Federal and State Governments regarding the COVID-19 virus. Given the extraordinary circumstances, we wanted to reach out personally to our members, to provide an update on the changes AMPLA is making to keep our members, guests and staff safe and well, and to ensure the continued delivery of our member services. Bringing people together to connect with industry professionals, share experiences and develop expertise in energy, resources and renewables law is the core of AMPLA’s existence. In response to the exceptional circumstances surrounding COVID-19, AMPLA is transitioning its seminars and events into virtual events. These virtual events will enable our members to continue to hear and engage with our expert speakers, from their office or home workplace. In relation to major events, we have made the decision to postpone the WA Conference, currently scheduled for 22 May 2020. A decision on the future timing and delivery format of the WA Conference will be made at a later date, given the rapidly changing environment. We are also preparing to deliver the planned seminars in WA and VIC this month as virtual events. We will also be testing remote workplace protocols for our staff this week, should we need to implement a longer-term solution, and we ask that if we are unable to answer your phone call, please send our team an email and we’ll get the relevant staff member to get in contact with you. AMPLA will continue to closely monitor developments and advice from Government regarding the COVID-19 virus and will provide further updates to members over the coming weeks. Please feel free to contact us if you have any concerns or suggestions. Regards, Ryan Hartfield, Gordon Bunyan Chair, AMPLA Board Executive Director Related Articles February Board Update From AMPLA Board Chair, Ryan Hartfield: Welcome to our first edition of Board updates for 2020 Our aim is to provide our members with a regular update following each Board meeting, on the strategic discussions happening around the Board table. COVID-19 AMPLA Update From the Chair and Executive Director Further to our update last week, AMPLA is pleased to confirm the following arrangements are now in place to support our staff and members in the coming months: How foreign investment changes may impact the mining and energy sector In early June 2020, the government announced a review of the foreign investment rules, expanding them to apply to all foreign investors in anything deemed a ‘sensitive national security business’. The changes are scheduled to come into effect on 1 January 2021. There are concerns that this will impact foreign investment in the mining and energy sectors, and in particular the critical minerals space. How your organisation can benefit from government incentives now Eager to support business and protect jobs, governments at all levels have introduced measures and benefits for businesses. While there are many general benefits, like JobKeeper, that have been offered to many businesses, state governments are now offering opportunities to benefit specific industries and sectors including energy and resources. Digital transformation in mining and energy As the global shift to remote work gathers pace, it is more important than ever that the mining and energy sector embraces technology. But a digital transformation offers more than flexible working arrangements. It has the potential to drastically cut down on industrial accidents, optimise operational processes and slash costs. What is concerning mining and metals industry executives today? Recent surveys conducted in the mining and metals industry sector indicate that climate change, price volatility and the risk of a global depression are the top concerns for executives. The KMPG Mining Risk Forecast 2020/21 Report nominates climate change and price risks as top-of-mind for executives while a mid-year survey by White & Case found that the fear of a global recession was the most common concern amongst those surveyed. It’s worth noting that the KMPG survey was conducted before the COVID-19 pandemic. However, the concerns raised have ongoing relevance both now and into the future. Showing 0 Comment Comments are closed.