Month February 2019

PODCAST: Reconciliation – avoiding problems

Getting reconciliation wrong can lead to dire consequences for miners. In this podcast Optiro's Director of Geology Ian Glacken explains what can go wrong and how we can aim to avoid issues. The Reconciliation podcast at a glance: In this episode: 0:47 What is reconciliation and how it applies to mining? 1:48 What happens when things go wrong? 2:29 If someone has made a poor forecast at the beginning, is there any way back? 3:33 What are the key aspects of reconciliation? 5:46 Why is reconciliation so complicated? Does it need to be? 7:08 What about the standards we need to adhere to? 8:07 Is this just the domain of geologists or are there others involved? 9:09 What are the key aspects of an effective reconciliation? 9:56 Where can people learn more about reconciliation?
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What are the F-Factors? 30+ Seconds of Reconciliation Info

These 30+ Seconds of Reconciliation Info are from Ian Glacken our Director of Geology. What are the F-Factors? The F-Factors, or F-Series metrics, are the closest thing we have to a ‘standard’ for reconciliation. They were first proposed and described by Harry Parker in 2006 and have been adopted to various degrees and in various ways by most of the major minerals companies. The three key things to reconcile are the short-term (grade control) tonnage and grade figures, the longer-term (resource or reserve) tonnage, grade and metal, and the ‘product’, i.e. the tonnage, grade and metal from the plant (plus the residue or tails)...
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