Loss of profits occurring due to the halting of mining operations arising from occupational accidents or reasons related to legislation

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dc.authoridYILDIZ, TASKIN DENIZ/0000-0003-4043-2257
dc.contributor.authorYildiz, Taskin Deniz
dc.date.accessioned2025-01-06T17:43:49Z
dc.date.available2025-01-06T17:43:49Z
dc.date.issued2021
dc.description.abstractIn the event of occupational accidents in mining, investors can calculate approximately how much loss will be incurred at the time of the accident. However, in halting mining as a result of occupational accidents or legislation, investors, will perhaps not care about how much of a loss to profits will arise due to the resulting downtime of mining operations. The reason for this is that there is no such halting in mining operation as yet and mining activity is continued. Avoiding halting mines due to occupational accidents and legislation would enable the prevention of unexpected costs resulting from these time losses. The aim of this study was to find out how much the loss of profits resulting from the downtime of mining enterprises due to the aforementioned reasons are in total, and how much the ratio of loss of profits to annual operating costs is on average on an annual basis. To determine the loss of profits and to minimize the accidents in enterprises, permanent supervisors, who are assigned in the enterprises where they are working, were given a survey through the SurveyMonkey program. Of the 235 permanent supervisors who filled out the survey on behalf of the mining enterprises, 58 answered all of the multiple-choice questions examined in the study. These questions were analyzed together according to different mineral groups and differences in mining operation methods. As a result of the analysis, it was determined that the annual loss of profits of mining enterprises resulting from the aforementioned periods of downtime, and the ratio of these values to the annual operating costs constitute a rather significant share. The aim of the article was to raise awareness to have mining companies appropriate more funds for occupational health and safety.
dc.identifier.doi10.24425/gsm.2021.139739
dc.identifier.endpage176
dc.identifier.issn0860-0953
dc.identifier.issn2299-2324
dc.identifier.issue4
dc.identifier.scopus2-s2.0-85125641120
dc.identifier.scopusqualityQ2
dc.identifier.startpage153
dc.identifier.urihttps://doi.org/10.24425/gsm.2021.139739
dc.identifier.urihttps://hdl.handle.net/20.500.14669/2816
dc.identifier.volume37
dc.identifier.wosWOS:000746000100008
dc.identifier.wosqualityQ4
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherPolska Akad Nauk, Polish Acad Sciences, Miner & Energy Econ Res Inst Pas
dc.relation.ispartofGospodarka Surowcami Mineralnymi-Mineral Resources Management
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_20241211
dc.subjectoccupational health and safety
dc.subjectoperating cost
dc.subjectoccupational accident
dc.subjectoperating profit
dc.subjectsafety
dc.titleLoss of profits occurring due to the halting of mining operations arising from occupational accidents or reasons related to legislation
dc.title.alternativeStraty zysków powsta?e w wyniku zatrzymania pracy górniczej wynikaj?ce z wypadków przy pracy lub z przyczyn wynikaj?cych z przepisów prawnych
dc.typeArticle

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