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Riskope’s new book Tailings Dam Management for the Twenty-First Century

Riskope’s new book Tailings Dam Management for the Twenty-First Century is in print. This book is based on over thirty years of world-wide consulting experience, relentless methodological research and development, prior books, courses, seminars delivered to corporate key stakeholders, public and governmental agencies, public hearings, expert witnessing in civil and criminal courts, and over fifty technical papers. Its purpose is to identify and describe risk assessment approaches and risk management practices mining must implement to develop a positive path forward. That is…

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Evacuating Grenville-sur-la-Rouge is a good decision but maybe not the right one

Evacuating Grenville-sur-la-Rouge is a good decision but maybe not the right one. Indeed, when performing Risk Informed Decision Making (RIDM) a distinction must be made between right decisions and good decisions. A bit of background of on Bell Falls Hydro Dam Reportedly, the officials stated that: “we’re running about 940 cubic metres per second, and they predict it could go up as much as 1300 cubic metres per second. The dam was designed for a maximum one-thousand-year flood of 960…

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A decade of physical risks generated by industrial systems hacking

A decade of physical risks generated by industrial systems hacking is featuring a remarkable and worrisome acceleration. Indeed, it all started, as far as we know, with the crippling Stuxnex worm attack on the Iranian uranium refining centrifuges. As the title clearly indicates, we will not discuss here the devastating attacks on administrative systems, data repositories, but focus on industrial systems. What is going on Successful hacking on industrial systems seemed to remain “isolated exploits” for a long time. For…

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Innovation in Dams Screening Level Risk Assessment

For some reasons Innovation in Dams Screening Level Risk Assessment feels like an oxymoron. At each new accident organization like MAC produce a new edition of their manuals, for example Developing an Operation, Maintenance, and Surveillance Manual for Tailings and Water Management. The new editions generally represent a strengthening of some rules, but the result is always very similar to the prior edition, does not address systemic failure to properly evaluate risks of old and new facilities. Let’s tackle fundamental…

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Brumadinho tailings dam failures and Boeing 737 Max 8 tragedy offer striking similarities

The Brumadinho tailings dam failures and Boeing 737 Max 8 tragedy offer striking similarities. The tailings dam failure killed at least 169 with 141 still missing and the Boeing 737 Max 8 catastrophe who killed all 157 people on board the Ethiopian Airlines are indeed surprisingly similar in many aspects. The fox looking after the chicken coop is an international problem Reportedly the FAA had to delegate regulation to airlines and manufacturers for a variety of reasons we will not…

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Boeing 737 Max 8 set in risk context

We will look at the recent tragedy of Boeing 737 Max 8 set in risk context. Media have produced numerous fascinating articles on the tragedy, its possible causes, and risk perception. One in particular made our eyebrows raise as it seems to come to astonishing conclusions based on ill-conditioned thinking. Ill-conditioned thinking in articles requires Boeing 737 Max 8 set in risk context We reproduce verbatim part of that article: To appreciate the psychology associated with these events, consider that in…

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Leadership boosting competitiveness with data driven decision making

Leadership boosting competitiveness with data driven decision making occurs when risk assessment databases, risk data are well structured and ready to advanced analyses. It is then possible to carry out risk triage, bundling and develop mitigation road-maps. We have discussed at length in earlier blogposts the steps necessary to develop a quantitative, convergent, updatable risk assessment. How to start risk triage, bundling and develop mitigation road-maps To perform a solid quantitative risk assessment you should have in your hand: a)…

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Improving Sustainability through Reasonable Risk and Crisis Management

Improving Sustainability through Reasonable Risk and Crisis Management is the title of our 2007 book. The book has sold through our website in 34 countries to individuals and CxOs eager to get a look into quantitative and rational risk management. Today, one can easily state that sustainability is a big topic in the Western chemical and mining, oil & gas industries. Companies want to be sustainability leaders although in some cases their claim sound more like PR campaigns. A recent…

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