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Traffic accident caused major explosion in Bologna

On August 6th Italian media sadly reported: Traffic accident caused major explosion in Bologna. Traffic accident caused major explosion in Bologna; What happened Two trailers following each other collided. One of them was loaded with liquid propane. Those two then reportedly hit a third trailers loaded with new cars. The accident happened on a viaduct going through a semi-industrial/ urban environment. A fire started in the car transport trailer. By chance, several police units were either onsite or nearby and…

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Landslides risk assessment

Natural and man-made slopes portfolio require Landslides risk assessment in order to ensure sustainable management. Slopes present hazardous geo-morphological processes such as landslides which can occur discretely (some deformation, cracking followed by a large movement) or “continuously” (deformations ranging between a few millimeters and several centimeters per years with occasional accelerations followed by a return to “average velocity”). Shall we manage hazards or risks? Any slope, anywhere in the world, has a probability of occurrence (of “first” failure). Continuously sliding…

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Australian law firm plans to sue world’s No.1 miner BHP

Australian law firm plans to sue world’s No.1 miner BHP. They argue BHP knew the Samarco dam was “at imminent risk of breaking”, but BHP was not transparent, breaching regulations. Reportedly the basis of the class action will be the belief the mining company mislead investors over safety measures, including public warning systems while it was aware of an “imminent collapse” and its very serious potential consequences. Australian law firm plans to sue world’s No.1 miner BHP The owners of…

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Tailings 2.0: Space observation, quantitative risk assessment bring value and comply with societal demands

At the coming Tailings and Mine Waste conference (TMW2018) Riskope and MDA will jointly present a one day course entitled “Tailings 2.0: Space observation, quantitative risk assessment bring value and comply with societal demands” Tailings 2.0: Space observation, quantitative risk assessment bring value and comply with societal demands During the “Tailings 2.0: Space observation, quantitative risk assessment bring value and comply with societal demands” course we will review state of the art risk assessment methodologies and space observation technologies that together…

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ORE2-Tailings dam analysis

Welcome to ORE2-Tailings dam analysis ORE2-Tailings dam analysis delivers value to the mining industry. In addition it supports communication between owners, regulators and the public. That is quickly and at affordable costs ORE2-Tailings dam analysis is beneficial for those who: design, permit, construct, operate, insure and finally, perhaps close,tailings/waste storage facilities in the mining and oil & gas extraction industry. Why ORE2-Tailings dam analysis? The key note lecture by Henry Brehaut at TMW2017 stated that “….clearly, the need emerges to develop…

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Is Cyber Insurance the best tool to preserve corporate value?

Is Cyber Insurance the best tool to preserve corporate value? That is indeed an appropriate question to ask as Cyber attacks seem to constitute major threats to businesses today. Cyber liability policies exist to indemnify and cover losses which may generate under an attack. However they generally include numerous exclusions and conditions. Contrary to natural hazards and many “classic” hazards the frequency of cyber attacks can be/is very high. Consider for example: quakes with frequencies in the order of one…

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Geoethics, Theory of General Ethics and Risk Management

Is it possible to link Geoethics, Theory of General Ethics and Risk Management to add value to our efforts? How can we integrate a risk assessment in ethics? What qualities should a risk assessment method possess to support ethical projects and endeavours? Kim Williams, a good friends of mine, let me a wonderful book by Warwick Fox entitled A Theory of General Ethics, Human Relationships, Nature, and the Built Environment (2006). The book is not easy to read. I was…

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Oroville Dam Spillway Incident Report

The Oroville Dam Spillway Incident Report became public in January 2018. The story it tells is remarkably similar to the one we assumed, based on publicly available information in the aftermath of the accident. As risk advisers and managers we discuss below the various statements in the Oroville Dam Spillway Incident Report. We aim at highlighting risk biases and potential management changes to avoid similar developments. Oroville Dam Spillway Incident Report Conclusions Commented The Independent Forensic Team Report made a number…

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