prioritization Archives

The eternal confusion between tailings hazard and risks

A comment to a blogpost on tailings failures inspired this comment on the eternal confusion between tailings hazard and risks. Some voices are rising to state that the real number of tailings dams on the planet is around 35,000. Based on that number they then engage in a biased risk discourse. Indeed, we think those arguments are misleading and not helping the cause of tailings risk reduction. Let’s discuss why. The true number of tailings dams on the planet The number…

Maths make things simpler, rather than more complicated, bring clarity.

A discussion on LinkedIN entitled “Does anyone use Standard Deviation, Variance or similar measures to prioritise risks” prompted a reply we are now posting on the blog for our interested readers. It’s a bit technical, but it shows that maths make things simpler, rather than more complicated, bring clarity! Talking about clarity, let’s remember that the context of most of our work at Riskope is in downside risk, in various industries. When we refer below to “Consequences”, we are referring…