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ORE2 tailings conclusions

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…

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ORE2 tailings tactical and strategic

As stated earlier ORE2_Tailings™ allows to define in a clear, transparent, and reproducible way which risks are tolerable or intolerable. Among the intolerable risks ORE2_Tailings™ allows to define which risks are tactical and which ones are strategic. We discussed tactical and strategic planning for dam portfolio using ORE2_Tailings™  in https://www.riskope.com/2021/06/30/tactical-and-strategic-planning-for-dam-portfolio-using-ore2_tailings/.  In our reports we show that risks of the considered portfolio belong to a three families as follows: tolerable, meaning they are below the risk tolerance of the client. These…

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ORE2 tailings RIDM

We split this Chapter in two sections: section 10.1 discusses what actions one can take to enhance the knowledge base. These are obvious “simple” procedural mitigations. Thye lead to better understanding of the risks and/or to mitigate them. Section 10.2 shows how one can deploy ORE2_Tailings™ during the mitigation design process. That is in order to support decision-making. The goal is to define rational and sustainable risk mitigation programs. This process has to occur in parallel with the design by…

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ORE2 tailings deployment steps

ORE2 Tailings deployment steps: 5.1 Failure definition We designed ORE2_Tailings™  to support RIDM for tailings dams portfolios reliability enhancements. One achieves reliability by reducing failure likelihood to a certain level, and risks are tolerable. Thus it is necessary to clearly state what one considers the success of a structure within the portfolio. Indeed, unless we clearly define success, failure remains an ambiguous term.   ORE2_Tailings™ considers a dam successful if it: stands as built and does not break allowing for…

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ORE2 tailings technical explanations

The first ORE2_Tailings™ deployment for a given client and selected TSF portfolio is an a priori endeavor insofar it delivers estimates that require calibration and adaptation as new data and new events will occur. In particular, this report will require amendments and updates when, for example, new Space Observation (satellite) or other monitoring results, corrective actions reports, changes in service conditions, new incidents reports and inspections may become available. ORE2 tailings technical explanations: Diagnostic poins  ORE2_Tailings™ is a subset of…

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General ORE2 tailings workflow

ORE2_Tailings™ is a quantitative risk assessment platform. Riskope designed it specifically for tailings systems (active and inactive). When we deploy ORE2_Tailings™ to a portfolio of dams, possibly over multiple properties, it allows for tactical and strategic planning. Our practice has shown that ORE2_Tailings™ and the general ORE2 tailings workflow, delivers results similar to those of common practice quantitative approaches (Event trees, Failure trees, Bowties). Furthermore ORE2_Tailings™  enables answering specific questions linked to the causality of potential failures, optimization of cost…

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Lessons learned in twenty years of hazard, risk and resilience analyses

Writing lessons learned in twenty years of hazard, risk and resilience analyses has been a difficult exercise for various reasons. We compiled  and explain lessons learned in our practice of risk assessment and resilience advice to industries, municipalities and regional governments around the world in our latest book, Convergent Leadership – Divergent Exposures: Climate Change, Resilience, Vulnerabilities, and Ethics. However, the fact that we systematically apply our quantitative convergent approach (ORE, Optimum Risk Estimates) to all sorts of industries and…

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Sustainability, ethics and risks

Sustainability, ethics and risks results from a discussion we read on LinkedIN. The discussion arose after our friend Giuseppe di Capua cited SUSTAINABLE MINING – WHAT EXACTLY DOES IT MEAN? . The author of that paper is David Ovadia, for the @IAPG blog (https://www.geoethics.org/ ). The core of the discussion These days,  mining projects oftentimes tout their ‘sustainability’. The term reverberates from sources like the UN’s sustainable development goals. David Ovadia wonders if the term sustainable  can be used in mining.…

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