ORE2 tailings conclusions
Oct 20th, 2021
This series of eight blogposts is a summary of what a standard ORE2_Tailings™ quantitative risk assessment deployment report includes. Indeed, the ultimate goal of the report is Risk-Informed Decision-Making (RIDM) support for the owner and the EoR. As a matter of fact the methodology is compatible with ISO 31000 and of course ICMM GISTM. The ORE2_Tailings™ deployment uses archival documents supplied by the client for each Tailings Storage Facility (TSF) and finally related dams and written Q/A sessions

The report is an a priori endeavor insofar it delivers to the client estimates that require calibration and adaptation as new data and new events may become available and/or will occur. In particular, the report will require amendments and updates. These will occur when, for example:
- new Space Observation or
- other monitoring results,
- corrective actions reports,
- new stability analyses,
- flooding criteria,
- changes in service conditions,
- new incidents reports and finally
- inspections
may become available.
The report delivers nine take-aways as follows:
- archival documents gap analysis.
- final look on archival deficiencies.
- dams causality analysis.
- benchmarking with respect to the world-wide tailings dams performance.
- decreasing risks ranking.
- risks ranking in terms of intolerable part.
- risk prioritization of TSFs and dams.
- tolerable, intolerable but manageable, hence tactical, and finally intolerable and unmanageable, thus strategic risks discussion and finally
- risk informed recommendations for each site and each dam.
ORE2 tailings conclusions
In this series of eight blogposts which started on September 1st, we have described how a ORE2_Tailings™ deployment takes place. Additionally we have shown how ORE2_Tailings™ supports the owner and EoR decision-making. As a matter of fact the results can also be used to foster healthy discussions with regulators and insurers as applicable and needed.
Tagged with: decision, EoR, GISTM, ICMM, management, risk, Risk Management, Tailings Storage Facility
Category: Consequences, Hazard, Mitigations, ORE2_Tailings, Probabilities, Risk analysis, Risk management
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