A technical event supported by CRIRSCO was held on 2nd March during PDAC 2026 in Toronto, Canada. The event was entitled:
“Towards Probabilistic Mineral Resources and Reserves: In the Context of Project Evaluation, Reporting Standards, Audits, and Investment Decisions”
This initiative was organized by COSMO – Stochastic Mine Planning Laboratory, with support from CRIRSCO – Committee for Mineral Reserves International Reporting Standards, together with sponsorship from KPMG Canada and KPI Mining Solutions.
The event focused on advancing the adoption of stochastic and probabilistic approaches in mining, highlighting their role in project evaluation, resource classification through simulation, and their implications for risk management, reporting standards, and investment decisions across the mining value chain.
The program was delivered in person at the KPMG Office, bringing together industry professionals, technical experts, and decision-makers. Keynote speakers included: Prof. Roussos Dimitrakopoulos, Marcelo Godoy, and Edson Ribeiro, who contributed with valuable insights and perspectives on probabilistic methodologies and their practical applications.
This initiative successfully engaged auditing firms, consultants, developers, and industry leaders in meaningful discussions on probabilistic planning and reporting practices, reinforcing the positioning of KPI Mining Solutions and its partners at the forefront of innovation in mining evaluation and risk management.”
| An e-book containing copies of the presentation given at the event, and a summary of the discussions at the meeting is available to download from the CRIRSCO website: click here. |