Tag: Risk analysis

Read how Geovariances’ consultants help a copper mine in Brazil to reduce the grade uncertainty of ore concentrates to better meet customers’ requirements.

David Barry, Senior Geostatistician and a Geovariances’ Perth-based consultant, has been invited by DiscoverMine Radio to explain conditional simulation as one method used in the mining operation to better estimate the ore body. Listen to the recording and learn what conditional simulations are, how they differ from classic mining geostatistics techniques.

Anyone involved with today’s mining industry understands that the sector is facing very tough challenges. And it is under enormous pressure from due cost control and budgetary management constraints that innovation and ingenuity must still find their way to propose new ways of tackling traditional issues. Mineral Resource Estimation (MRE) is no stranger to that conundrum and their practitioners all know the multi facets of the game: integrate more and more data, boost productivity, and come up with an answer fast and at the same time enriched with an assessment of the uncertainty that can be attached to that answer. All of that in a fraction of the time they used to have at their disposal and less resources to double check…