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Location: Room 717
Session: Panel discussion and Q&A
Description:
The current industry-wide practices for project evaluation largely rely on simplistic and deterministic methods that tend to overlook real-world uncertainty related to geology, financial and environmental assumptions. This session aims to bridge this gap by exploring how stochastic methods can be leveraged to manage and quantify project development risks at every stage—from resource estimation, mine design and scheduling to infrastructure, social risks, and ultimate financial decisions. Participants will gain insights into the practical application of these advanced methods through case studies and receive valuable takeaways on how to apply these techniques to their own projects.
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