Studio RM Pro: The High Stakes of Resource Estimation in Mining: Understanding the Cost of Being Wrong.
By Datamine Software
Accuracy and reliability are paramount in mineral resource validation to ensure the model accurately and faithfully represents the data. The correct considerations for mineral resource classification to create robustness in the resource-to-reserves transition support the company in delivering on their production plans, considering the final results are optimized. Reconciliation to measure and understand the precision of the entire process creates value for mining companies to manage their assets in the most optimized format. Robust estimation, validation, classification, and reconciliation add value to the mining industry, generating financial benefit and competitive advantage for companies pursuing a higher level of sustainability.