EP 156 | Part 3 of 7: Conditional Simulation

EP 156 | Part 3 of 7: Conditional Simulation

In this episode of Fresh Thinking by ‪@SnowdenOptiro‬, Susan Havlin and Ian Glacken explore the fundamentals of conditional simulation and its role in modelling grade variability and uncertainty in mineral resource estimation.

They discuss how simulation differs from traditional methods like kriging and uniform conditioning, why capturing uncertainty is critical for modern mining decisions, and how multiple realizations can provide valuable insight into upside and downside risk.

The conversation also touches on practical challenges, including reporting to the market and integrating uncertainty into mine planning workflows.

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Episoder(158)

22 - Recoverable resources (part 1)

22 - Recoverable resources (part 1)

Geologists need to make predictions about how much can be extracted from an ore body based on limited data. What can you do to confidently report on the likely tonnage and grade? In part one of this t...

14 Okt 201919min

21 - Underground grade control and sampling

21 - Underground grade control and sampling

Underground grade control is different from open pit grade control and to take you through the depths of their experiences, Optiro's Director of Geology Ian Glacken and geometallurgist Simon Dominy di...

30 Sep 201910min

20 - Coarse gold sampling and assaying

20 - Coarse gold sampling and assaying

It is visually very attractive, but getting an accurate grade for coarse gold isn't straight forward. If you've used the wrong techniques, your estimate could be way off. World expert in this field Si...

16 Sep 201915min

19 - What is geometallurgy?

19 - What is geometallurgy?

The relatively new practice of geometallurgy is giving miners an additional tool to employ in their search for viable mineral reserves. Dr. Simon Dominy, an old friend of Optiro's and a leading geomet...

2 Sep 201916min

18 - Relationships matter

18 - Relationships matter

Consulting as a geologist in the mining industry is a very rewarding career, but what about the clients?! How can a great relationship with a client make a job successful, or a terrible relationship m...

19 Aug 201912min

17 - Due Diligence Tips and Traps (part 4 of 4)

17 - Due Diligence Tips and Traps (part 4 of 4)

Due Diligence is an important process to undertake when acquiring a mineral asset, but how do you know if you're getting it right and if it's protecting you from issues down the line? In this episode,...

6 Aug 201920min

16 - Due Diligence Process (part 3 of 4)

16 - Due Diligence Process (part 3 of 4)

Due Diligence is an important process to undertake when acquiring a mineral asset, but how do you know if you're getting it right and if it's protecting you from issues down the line? In this episode,...

23 Jul 201914min

15 - Scoping Due Diligence (part 2 of 4)

15 - Scoping Due Diligence (part 2 of 4)

Due Diligence is an important process to undertake when acquiring a mineral asset, but how do you know if you're getting it right and if it's protecting you from issues down the line? In this episode,...

9 Jul 201914min

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