Peter has over 25 years’ operating and consulting experience for base-metals, gold, platinum-palladium, and diamond projects around the world. Based in Vancouver, he specialises in geological modelling, geostatistics, and Mineral Resource estimation. Wood combines the experience and expertise of Amec Foster Wheeler and Wood Group into one full scope service company supporting industrial assets for customers worldwide. For more info: https://www.woodplc.com/.
In your opinion how has resource estimation or geostatistics changed over the last 10 years?
Resource estimation has changed over the past 10 years in a few areas. First, regulators and consumers of technical reports have driven improvements by demanding greater responsibility and accountability for the predictions. Also, industry and public both have a better understanding of resource confidence. For the practitioner, recent developments in software applications have provided toolkits that enable the assimilation of multiple data types and much more rapid analysis and modelling than previously. Improvements in computer hardware have also made it possible to tackle larger datasets and models.
Resource estimation will continue to change, with punctuated evolution from new applications like Leapfrog EDGE.