Tag: Mineral

A Three Letter Word that Sank a Thousand Mineral Projects

This post was written by Mike O’Brien, Geostatistician Seequent Expert Services (previously ARANZ Geo), based on his experiences working as a consultant on mineral projects

‘AND’ is a logic gate that sneaks up on mineral projects and destroys their value.

‘AND’ is a logical conjunction and, to grossly simplify, it implies the outcome of applying a series of factors in combination is only positive if each of the series of factors is positive. This logic gate controls a lot of things that we do. For example, (Exam passed by Jane) = (Jane goes to school) AND (Jane goes to exam venue) AND (Jane obtained pass mark). All three conditions have to happen for Jane to pass the exam.

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