Upcoming Courses & Workshops

Event: MBA Risk Management Module
Date/Time: 17/01/2019 - 19/01/2019 - All Day

MBA Risk Management Module

Location: SAA – School of Management

Organizer/where: SAA Turin (University of Turin School of Management)

MBA Risk Management Module

This is the fourth edition of our Risk module in MBA course at the SAA (University of Turin, Italy, School of Management).

Through a series of exercises of increasing complexity delegates will have the opportunity to practice the correct glossary and then:

  • semantically correct structures of threat-to/ threat from,
  • hazard identification,
  • probabilities estimates,
  • multi-dimensional consequences evaluations and finally
  • risk.

MBA Risk Management Module

We make a point to illustrate each concept with countless anecdotes and “vignettes”. Furthermore this year we will use the horrific highway accidents in Bologna as well as the Morandi Bridge disaster to illustrate numerous aspects of risk management.

Delegates will e able to realize by themselves the limitation of classic, common practice 4×4 or 5×5 risk matrix approaches (FMEA). They will come to understand the advantages of modern approaches, especially when risk informed decision-making (RIDM) is requested.

This year again we will offer delegates the opportunity to use a Riskope test which delivers a view on the participant talents and risk taking archetypes.

We will then perform exercises first with “homogeneous” groups, i.e. delegates with similar talents and archetypes, then with “mixed” groups.


Event: Water Management and Treatment – Risks and Best Practices
Date/Time: 21/01/2019 - 24/01/2019 - All Day

Water Management and Treatment – Risks and Best Practices

Location: The Westin Ottawa

Organizer/where: Canadian Mineral Processors (CMP) conference Ottawa. NB: conference is January 22-24 2019, the course is pre-conference on January 21st.

Water Management and Treatment – Risks and Best Practices

We will deliver this course in cooperation with David Kratochvil (BQE ) and Charles Dumaresque (Mining Association of Canada, MAC).


  • Examine links between water management and overall performance of mineral processing projects using examples from existing and historic operations.
  • Review water related risks and identify those that are commonly overlooked by mineral processors.
  • Explain the concept of risk adjusted life cycle cost analysis as the emerging best practice for holistic assessments of water issues and finally
  • Review current best practices available for tailings management and water treatment

Water Management and Treatment – Risks and Best Practices Description:

Water has become a strategic issue for the industry as it can be both a threat and an opportunity. Thus decisions about water have grown increasingly complex. As a result new tools are being applied to enable holistic assessments of water management in mineral processing. These aim at improving performance of projects while reducing multi-hazard risks since pre-feasibility stage .

The course will draw on examples of existing and/or historic operations to explain the benefit of adopting modern best practices in water treatment, tailings management, and finally risk assessments. In brief, the participants will learn the following:

  • Why Net Present Value (NPV) analysis is inadequate as the sole criteria for decision making about water
  • How to identify common pitfalls of risk assessments and how to avoid them
  • What new water treatment techniques are available to improve water quality for re-use or discharge
  • Define best practices related to tailings water management and finally
  • How to arrive at risk adjusted life cycle costs of water.

Course Outline:

Block 1: Introduction: Change in industry’s thinking about water

  • Why? Mind your motive in addition to exploring the
  • Connection between tailings and water management

Block 2: Effects of water on project performance:

  • examples of historic and current projects in addition to analysis of impacts throughout project life cycle

Block 3: Review of Water Management and Treatment Risks:

  • Common shortcomings in risk assessments and how to prevent them

Block 4: Best Practices – Risk Adjusted Life Cycle Cost Analysis

  • Tailings management guide – link to water
  • Water treatment systems for modern industry
  • ORE (Optimum Risk Estimate) methodology and finally
  • Example of ORE application

Block 5: Closing remarks:

  • Role of mineral processors in solving water issues.


Past Events

Date/Time: 18/06/2018 - 19/06/2018 - All Day
Location: Centre des Congrès de l’hôtel Gouverneur de Rouyn-Noranda, Centre des Congrès de l'hôtel Gouverneur , Rouyn-Noranda,



We are pleased to present below the abstract of the article we wrote with MDA for this event.

In this paper we demonstrate how Space Observation and Quantitative Risk Assessment synergy delivers value to the mining industry. The term Space Observation refers to a mix of radar and optical satellite image data, as well as specific algorithms. These constitute the input to a Quantitative Risk Assessment (QRA) platform. We describe a QRA platform capable of using that “Rich Data” context to deliver an enhanced, updated risk landscape of a project or operation. The QRA platform has to be updatable, scalable, drillable and convergent to maximize benefits.

This paper provides examples of specific applications this joint technology provides to miners.

The paper allows for better Risk Informed Decision Making, which in turn generates value.

The marriage of rich data context with an optimized risk assessment platform brings significant advantages to mining end-users, whether they are mining managers, tailings stewards, other key stakeholders, or the general public.

Preliminary quantitative risk off-line studies, using multiple data sources, deliver initial estimates regarding probability of occurrence of various failure modes, consequences of those failure modes, and preliminary alert thresholds. They also provide results that assist in the setup of emergency procedures.

Thanks to Space Observation technologies, it is then possible to confirm and gradually calibrate extant data. Then to validate old reports and their assumptions.

An additional key benefit comes from high resolution imagery. We can use it to rather inexpensively perform quantitative analyses of surface features, volume measurements, and other terrain calculations. Furthermore one can use these analyses to verify the volume of mass movements. Additionally one can analyze whether they are  the consequence of man-made (construction) or natural (slides, displacements, erosion) hazards.

By virtue of this joint technology it is also possible to:

  • identify emerging crises;
  • check and update alert thresholds and finally, in timely and orderly manner,
  • update probabilities and all other significant hazards and risk parameters.

This allows to understand where projects or operations stand in term of risk mitigation at discrete and up to almost real-time pace, if and when required.


Event: Resources for Future Generations 2018 a Keynote Lecture
Date/Time: 16/06/2018 - 21/06/2018 - All Day
Location: Vancouver Convention Centre, 1055 Canada Pl, Vancouver,

.Riskope is proud to announce that we got invited to present at Resources for Future Generations 2018 a Keynote Lecture

Resources for Future Generations 2018 a Keynote Lecture

Geoethical consensus building through independent risk assessments

It is common that consultants hired by the “proponents of new projects” and the public strongly disagree in their analysis of significant adverse impacts. One of the components allowing to determine potential adverse impacts should be the risk assessment. However, risk assessments are oftentimes the source of conflict, rather that of consensus.

Indeed, numerous voices are raising around the world to show how misleading and fuzzy commonly used risk assessments methods are. Misleading and fuzzy risk assessment are contrary to geoethics principle and cause public rejection.

This keynote lecture presents a case where, as shown by public records, after two iterations between proponent and the Environmental Impact Review Board consensus was not possible. Thus the latter decided to ask a third party external risk advisor to develop a risk assessment.

The goal was to help the different parties to form a balanced opinion on the significant adverse impacts of the project. Indeed, that balanced and informed opinion constitutes the backbone of a geoethical consensus.

A well documented case history

This keynote lecture delves into the peculiarity of the case study. In particular it shows how to deliver a transparent risk assessment by analyzing various steps. They go from the definition of the system, the assumptions, and limitations to the delivery of the final results.

Interestingly, documents on this case are entirely available on the Environmental Impact Review Board public record. This offers scholars and interested party a rare occasion to see how to use and discuss a quantitative risk assessment to reach consensus.

This keynote lecture also showcases how we define the risk metric, we evaluate probabilities and how we define of consequences. This enables a rational discussion going beyond gut feelings and emotions.

In the case history, this enabled a consensus-seeking discussion. The subject were possible mitigation of the project for a safer and more resilient society. As a matter of fact, after a fierce, healthy public hearing, the proponent updated his views on risk. The study identified stretches of road which may require additional mitigation. The proponent proposed additional mitigation for risk exposing people and the environment. Thus conditions set by the Board were finally met.


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