Inadequate understanding and/or assessment of technical and economic risk associated with geological uncertainty are key reasons many mining projects do not achieve forecast profitability._x000D_
In the last 20 years many new and existing mines have experienced geology related problems, including lower than planned development and production rates, geotechnical/stability issues, unplanned dilution, ore loss, reduced metallurgical performance, environmental management concerns and unbudgeted capital/operating costs._x000D_
Greater emphasis on the evaluation and communication of uncertainty associated with geological interpretations for feasibility and operations management results in better decision-making. The outcome of better decision-making is more efficient mining yielding enhanced financial returns for the mining industry.