EP 158 | Part 5 of 7: Understanding Uncertainty in Mineral Resource Estimation

EP 158 | Part 5 of 7: Understanding Uncertainty in Mineral Resource Estimation

In this episode of Fresh Thinking by ‪@SnowdenOptiro‬, Susan Havlin and Ian Glacken discuss uncertainty in mineral resource estimation and how Localised Conditional Simulation (LCS) provides a more practical framework for analysing geological risk and variability. The conversation explores:

  • Conditional simulation and uncertainty
  • Resource classification
  • Simulation versus kriging
  • Risk-qualified mine planning
  • Why preserving variability matters

Listen now to learn how modern geostatistical approaches are shaping the future of resource estimation.

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Avsnitt(158)

Ep 151: When Bigger Isn't Better: Rethinking Resource Model Size

Ep 151: When Bigger Isn't Better: Rethinking Resource Model Size

In this episode of Fresh Thinking by Snowden Optiro, Jamie Oppelaar (Senior Consultant) and Tarrant Elkington (General Manager) discuss a growing challenge in mining: resource models are getting bigge...

10 Mars 26min

Ep150: Mineral Resource Estimation: What Really Is "Industry Standard"?

Ep150: Mineral Resource Estimation: What Really Is "Industry Standard"?

In this episode of Fresh Thinking by Snowden Optiro, our General Manager Dr Tarrant Elkington speaks with Senior Consultant Dr Gregory (Greg) Zhang about a common question in the mining industry: what...

4 Mars 28min

Ep 149: Building Resource Estimation Logic in Excel

Ep 149: Building Resource Estimation Logic in Excel

In this episode of Fresh Thinking, Susan Havlin (Managing Consultant APAC) speaks with Dr Gregory Zhang (Senior Consultant APAC) about using Excel as a transparent learning environment for geostatisti...

25 Feb 15min

EP 148: Simulation Is Not Estimation - rethinking uncertainty in mining

EP 148: Simulation Is Not Estimation - rethinking uncertainty in mining

In this episode of Fresh Thinking, Ian Glacken (Executive Consultant) and Dr Gregory Zhang (Senior Consultant) discuss one of the most important topics in modern resource modelling: uncertainty. From ...

18 Feb 15min

Ep 138: From Scoping to Feasibility: How to nail cost estimation at every stage

Ep 138: From Scoping to Feasibility: How to nail cost estimation at every stage

In this episode of Fresh Thinking by Snowden Optiro, Hamish Guthrie (Managing Consultant – Mining) joins Dr Gregory Zhang (Senior Consultant – Geology) to explore the fundamentals of cost estimation a...

11 Feb 8min

Ep 134: The Interface Challenge - bridging the gap between geologists and mining engineers

Ep 134: The Interface Challenge - bridging the gap between geologists and mining engineers

In this episode of Fresh Thinking, Tarrant Elkington (Snowden Optiro General Manager) joins Susan Havlin (Managing Consultant APAC) to explore the all-too-common disconnect between geologists and mini...

11 Feb 20min

EP 136: Why Smart Geologists Script Their Way to Better Estimates

EP 136: Why Smart Geologists Script Their Way to Better Estimates

In this episode of Fresh Thinking, Dr Gregory (Greg) Zhang and Jenny Dalrymple, both Senior Consultants at Snowden Optiro, share how automation and scripting can transform the mineral resource estimat...

11 Feb 10min

EP 133: Cleaner, Quieter, Safer: Why Underground Mining Is Going Electric

EP 133: Cleaner, Quieter, Safer: Why Underground Mining Is Going Electric

In this Fresh Thinking by Snowden Optiro podcast episode, Hamish Guthrie (Managing Consultant APAC) chats with Sarah de Vries (Principal Consultant Mining) about the fast-evolving world of underground...

11 Feb 11min

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