SYMPOSIUM 2018 ROUYN-NORANDA MINES AND THE ENVIRONMENT SUR L’ENVIRONNEMENT ET LES MINES
Riskope was asked to present a paper at SYMPOSIUM 2018 ROUYN-NORANDA MINES AND THE ENVIRONMENT SUR L’ENVIRONNEMENT ET LES MINES.
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.