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Answering risk questions that cannot be answered with common practice approaches

This interview ” Answering risk questions that cannot be answered with common practice approaches ” was recently published by Mind the Gap! We have added the red titlesto this version. The original questions are numbered Q1 to Q10. How large is the gap between companies following common practices vs. Best practices? Q1: After we first met, Franco, I realized how much proforma is the kind of Risk Management we do in our endeavors. How large is the gap between companies…

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Operation suspension spill response

We recently read that Barrick Gold (NYSE:ABX) temporarily underwent a operation suspension spill response at Veladero mine (Argentina). That was in compliance with a government request. Veladero is the only Barrick’s operational mine in the country. In 2015 Veladero produced approximately 10% of total Barrick’s gold production, a percentage forecasted to grow following the company’s last annual report. Management reportedly identified “better operational management of the leach pad” as a contributing factor to the growth in production. Operation suspension spill…

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Geohazards Caused by Human Activity

INTECH published The long shadow of Human Generated Geohazards: Risks and Crises, our chapter in the book entitled Geohazards Caused by Human Activity! The wait is over! You can freely download the text here .  We sincerely hope you will enjoy it. Please drop us a note and let us know your comments on the chapter. Geohazards Caused by Human Activity Our chapter in geohazards caused by human activity is geared toward focusing attention on the “damage and risk” side…

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