Tag rayleen hargreaves

When Reconciliation Fails Quietly – the hidden cost of accepting ‘close enough’

The Cost of Being “Close Enough”
In mining, reconciliation rarely fails loudly. It doesn’t collapse or trigger alarms, and it doesn’t stop production. Instead, it quietly settles into a familiar and widely accepted phrase:

“It’s close enough.”

That phrase feels practical, sensible even. But “close enough” is not a neutral position. It is a financial decision, whether anyone intended it to be or not.

Read MoreWhen Reconciliation Fails Quietly – the hidden cost of accepting ‘close enough’

AusIMM Mining Geology Webinar: Mining Reconciliation Standardisation R Factor Series

Snowden Optiro Principal Consultant Rayleen Hargreaves presents an advanced structural extension to the reconciliation process, utilizing resource ratios (R Series factors) to quantitatively assess the long-term impact of the information effect, as well as dilution and ore loss.

Read MoreAusIMM Mining Geology Webinar: Mining Reconciliation Standardisation R Factor Series