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?Read More
This week’s 30 Seconds of Reconciliation Info comes from Ian Glacken – Director of Geology. How important is it to get the stockpiles right? Depending upon the scale of production from your operation, poor stockpile tracking can kill any chance…
Welcome to our podcast series titled Fresh Thinking by Optiro. You can find our free podcasts on iTunes, Stitcher and Spotify.
Our aim is to offer interesting technical talks and key information with a fresh take on the world of geology and mining. We will be uploading new podcasts on a regular basis.Read More
Fresh Thinking podcasts. We now have 4 free technical podcasts live on iTunes, Stitcher and Spotify… and 6 waiting in the wings! The most recent podcast is Part 2 of Politics and Ideology of Resource Estimation. The podcaster is Ian Glacken…
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)...Read More