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Dam portfolio ORE2_Tailings support for ICMM standard on tailings management.

Dam portfolio ORE2_Tailings support for ICMM standard on tailings management (GISTM) is multifaceted. ORE2_Tailings™ is a risk assessment platform specifically Riskope designed specifically for tailings systems. When we deploy it to a portfolio of dams, possibly over multiple properties, it allows for tactical and strategic planning. We have already discussed the single dam case in relation to ICMM • Global Industry Standard on Tailings Management (2020)  and the conformance protocols. Today we present an example of deployment at portfolio level.…

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Risk tolerance for tactical and strategic planning

We discuss risk tolerance for tactical and strategic planning using an excerpt from a case study in our forthcoming book. The title is Convergent Leadership – Divergent Exposures and the case study is in Chapter 16. In the book we include three complete case studies with different level of information and requirement. Setting of the case study covering risk tolerance for tactical and strategic planning Kryptonite corp. has three plants shipping bulk material through a wharf called Terminal reached by railroad…

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Tolerable risk thresholds

Tolerable risk thresholds, aka risk tolerance are always project and owner-specific. They indicate the level of risk which has been deemed acceptable for a specific project or operation. Furthermore, tolerable risk thresholds and appetite for risk is quite different for various key stakeholders, for instance: Mine owner, Regulatory Bodies, Adjacent Communities, etc.   So how can one manage the sometimes divergent tolerable risk thresholds between stakeholders? Additionally, a topic that comes regularly in the mining world is diverging risk tolerance among…

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