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The fall of the Roman empire, asymmetrical attacks, and modern mining

At Riskope we see impressive similarities between the fall of the Roman empire, asymmetrical attacks, and modern mining. The fall of the Roman empire, asymmetrical attacks The Western Roman empire, the one headquartered in Rome, was brought down little by little by the compounded effect of numerous factors and hazards. Among them we can cite: internal political problems, barbarian invasions, economic crises and finally, other demographic and social factors. The Eastern Roman Empire, i.e. the Byzantine extension, ended-up collapsing under…

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Cyber attacks leave physical consequences

We are pleased to see that FM Global recognize the fact that Cyber attacks leave physical consequences. Some context on physical consequences Last year in 2019 we wrote about an aluminum maker forced to shut down  operations because of a ransomware attack. Successful hacking on industrial systems seemed to remain “isolated exploits” for a long time. For example, in 2014 hackers struck a steel mill in Germany. They did so by manipulating and disrupting the industrial control systems (ICS) to such a…

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Germs, Shipping and Force Majeure

A discussion on Germs, Shipping and Force Majeure seems appropriate given the corona virus epidemic evolution and our experience. Indeed clients have asked us to perform risk assessments and business interruption quantifications of harbors, wharves, and ships loader-unloader in many occasions. If we are looking to quantify business interruption of a shipping facility, we have to break the informational silo. Looking at categories of hazards one by one would limit the resulting understanding of the risk landscape. Indeed, cyber hazards,…

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Climate adaptation and risk assessment

Climate adaptation and risk assessment are the main themes of a recent ICMM report we read during the holidays. Our take-away from the Climate adaptation and risk assessment report The ICMM report notes that physical climate-change risks and opportunities can impact mining companies in a multitude of ways. Examples are: operations, production, financial, social and finally environmental. Thus, the risk landscape of companies can change quite significantly due to shifts in probabilities of occurrence and consequences of climate-related events. The report…

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Happy Holidays from Riskope’s team

We will be back in January 2020!

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ORE2_Tailings Potential Failure Causality Analysis

ORE2_Tailings Potential Failure Causality Analysis is one of the features of Riskope’s tailings dam specific application. Indeed ORE2_Tailings looks at the causes of dam failure rather then the reasons why dams fail (the “failure modes”). That is because the root cause of a dam failure is typically the result of a combination of deviances. Recent forensic studies on major catastrophic failures have eloquently demonstrated that. Normalization of deviance Catastrophic failures, like most major accidents are indeed always generated by an…

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Claudio Angelino as our new Principal Geotechnical Engineer

Riskope is pleased to announce and welcome Claudio Angelino as our new Principal Geotechnical Engineer. Claudio has a Master of Science from the Imperial College and more than 30 years of consulting history. Experience includes studies, design ad site supervision of complex geotechnical works for the infrastructure construction industry. Claudio Angelino is a professional engineer with the Italian Institution of Engineers since 1989. In the last ten years Claudio expanded his professional experience internationally.  Transportation projects include railways, bridges, canals.…

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Risk definition is paramount amid tailings problem

Risk definition is paramount amid tailings problem. A recent example is the Almaden Ixtaca Project, Mexico. We read in a publicly available information: “The mine plan has a dry stack filtered tailings facility, and co disposal with waste rock with no tailings dam, eliminating the risk of a tailings dam failure.” We salute the effort to reduce from inception a source of multiple hazards and hence risks generated by the tailings dam. However we want to discuss a few notions…

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