Contact

Archives

Data in probabilities assessment

Data in probabilities assessment constitute an everyday conundrum. The key question is what constitutes essential (understood as basic, indispensable) and ideal (understood as “perfect”) data set. There is no “simple” answer to that question. Consider that we often deal with prototypes or new facilities before commissioning. Past performances may not reflect future behavior because of system or climatic changes. Indeed, any internal or external change to the system has the potential to prove assumptions wrong. In particular, that past experiences…

Read More

Success and failure criteria in mining risk assessment

The numerous comments made in the aftermath of the Cadia goldmine accident offer the opportunity to discuss Success and failure criteria in mining risk assessment. Cadia goldmine accident comments Several comments congratulated the mine for their overall tailings management, for the limited volumes involved, for the limited breach of the dam. They came from highly experienced dam engineers and mining people. The media, however, focused on the business interruption. Some were not as enthusiastic about the overall performance and stressed…

Read More

Tailings dam failure at the Cadia-Ridgeway Mine in Australia

We learned last week about a tailings dam failure at the Cadia-Ridgeway Mine in Australia. We are going to discuss a few points we know as they relate to Tailings Dams Risk Management. What we know about the tailings dam failure at the Cadia-Ridgeway Mine in Australia In the late afternoon of Friday March 9th , Cadia identified a limited breakthrough of tailings material at its northern tailings dam embankment as shown in the press release they produced. This tailings…

Read More

Convergent Quantitative Cyber Risk Assessment to Optimize Enterprise Reliability

.Convergent Quantitative Cyber Risk Assessment to Optimize Enterprise Reliability will be the theme of our paper at CIM 2018 conference. Reportedly KPMG’s Toronto office produced a text entitled “Insights Into Mining” stating that mining companies “may be” underestimating the risk of cyberattacks. Indeed they consider this risk will increase as more companies embrace mining automation, IoT, etc. The report also emphasizes that mining executives believe based, like usual, on “feeling and perceptions”  that innovation and the risk of disruption are…

Read More

Archive

Vancouver Digital Creative Agency Ballistic Arts Media Studios.