Subject: English Remedial IV

Teacher: Gloria Melgar

Case Study 6: Winton Carter Mining
Students:
Luis Snchez A01187921
Atzin Alcaraz A01566057
Carolina Ortiz A01187368

DISCUSSION

The company WCM has mining interest in Africa and it has been highly successful
in exploiting copper, cobalt and bauxite. Right now, Africa is suffering a period of
political instability This company only has industries in politically stable countries and
for this we need to evaluate the risk and benefits of the new project.
There are 5 risk that we want to discuss:

1-The exploitation risk: Sites near Congo have previously produced good quantities
of copper and basalt. Geologists reports say that the site has potential.
2-The security risk: The country has been unstable for many years. There have been
civil disturbances in the area recently.
3-The health risk Mining the area could result in workers and inhabitants suffering
from skin diseases because of industrial emissions.
4-The economic risk: The cobalt and bauxite markets are booming at present, but
the industrial metals market internationally is volatile.
5-The financial risk: The exchange rate of the local currency is fluctuating.

Although the risk the benefits of a joint venture are that under the jungles of this
countries lie some of the richest unexploited mineral deposits, the labor is very cheap
and we save a lot of money in this.
Sometimes is a good idea taka a Little risk and we think that setting up a joint venture
with ATZ can be an option.