Geological information contributes to all stages of exploration, feasibility, development, mine operations and closure, including estimates of Ore Reserves, project capital/operating costs and therefore mine profitability.
This information is used by both technical and non-technical staff, company management and the board, and external parties; but almost everything geologists deliver to their stakeholders are estimates and interpretations, rather than facts. So ... how do geologists effectively communicate the fundamental uncertainties, risks and opportunities associated with their estimates and interpretations, and why are these risks so important?
This workshop will identify and assess the sources of geological uncertainty that feed into Mineral Resource and Ore Reserve estimates. Case studies demonstrating geological risks and implications from pit to port, including financial costs will be presented, together with risk management and communication strategies to assist geologists to convey geological uncertainty.
