RPMGlobal Perspectives

RPMGlobal Perspectives - A Framework for Interpreting Geological Uncertainty in Mine Planning

This quarter's edition investigates a Framework for Interpreting Geological Uncertainty in Mine Planning.

Mining companies invest many millions to billions of dollars to develop mines using an estimate of the recoverable reserves. Over or under estimating the reserves can result in huge losses to investors and is a major area of risk in the mining industry.

This Perspective is the final in a three-part series discussing ways to improve consideration of uncertainty as it relates to estimation and planning of mining projects so that better outcomes can be achieved.

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