Tenzing News Archive
JUNE 2007
BMA Assistance
Zach Casley has been on the road again in Central Queensland to meet with geology managers as part of Tenzing’s provision of geostatistical services to BMA. BMA have recently renewed Tenzing’s contract to provide BMA with geostatistical assistance and are now planning medium term projects (rolling over a couple of financial years) with BMA to tackle interesting issues such as implementing in-pit quality control models at BMA’s operations. Tenzing would like to reiterate their gratitude to their primary contacts: Doug Dunn and Grenville Davies, to be given the opportunity to be part of that adventure alongside BMA professionals.
Henri Sanguinetti
Henri is a dual French/Australian citizen with almost 40 years of experience in geology and geostatistics. He is one of the true experts in the application of complex geostatistical concepts to practical mining situations; his knowledge of Uranium deposits in particular is world-class. He has just finished an audit of a Lead-Zinc-Silver mine in Morocco within the framework of his partnership with Tenzing. Henri is due to come to Australia in the future to run an in-house training for Tenzing consultants on Uranium geology and resource estimation and meet with some of Tenzing's clients.
M2RC Consortium
Zach Casley and Oli Bertoli attended a meeting in Paris on June 27th 2007 as representatives for their client, Lihir Gold Limited (LGL), in the Multivariate Recoverable Resource Consortium (M2RC) run by Geovariances. The project is dealing with the prediction of the recoverable resource of a secondary mineral according to a cut-off applied to the main economic mineral. This was the second meeting of M2RC steering committee. The project now has 7 sponsors: Anglogold Ashanti, BHP Billiton, Rio Tinto, Codelco, Areva, Newcrest Mining and Lihir Gold Limited (LGL). Tenzing is very proud to have been involved since the inception of the research project which now involves a significant proportion of the world’s leading resource companies, and should see numerous positive applications emerge for the practitioneers.
Real Options
Zach and Oli attended a two-day course on Real Options at the School of Mines in Paris on June 17-18th. The course was taught by Margaret Armstrong and Allain Galli. Real Options have not yet broken into the field of mainstream applications for the evaluation of mining projects, and still remain at this stage “cutting edge”. But the potential is real to see these techniques come to fruition as the tool of choice to integrate the characterisation of the technical risk of projects with that of financial and business risks. Being solidly involved in the former, Tenzing must keep up to date with these techniques.
Tenzing is a Year Old
Tenzing started trading in June 2006. To celebrate the occasion Aaron, Clare, Oli, Vicki and Zach decided to do…some work! They conducted a team session under the supervision of Katrina Boyle (from Manifest Consulting) to help construct a team charter and developed Tenzing’s mission statement:
“To proudly deliver premier geostatistical mining solutions through technical excellence,quality people and genuine partnerships, achieving mutual outcomes"
The afternoon was followed by dinner in town where the team was joined by one of Tenzing’s closest associates Adam Stewart.
APRIL 2007
Welcome to Vicki Watkins
Vicki Watkins is Tenzing’s business administrator based in our Wynnum offices. Vicki started in April 2007 and is bringing her enthusiasm and professionalism to help us achieve our mission with our clients. Vicki’s organisational skills are superb and quickly but surely she is turning our premises into an office and our team into a company.
New Coal Clients
Tenzing has further cemented it's position as a leading provider of geostatistical expertise to the Australasian coal industry by running projects for Rio Tinto Coal Australia and Xstrata Coal.
MARCH 2007
Jérôme Poisson in Australia
Geovariances sent Jérôme Poisson to Australia in March 2007 to run two seminars (one in Perth and one in Brisbane) on the practical utilisation of Isatis. Jérôme remained in Australia upon completion of the two seminars as part of Geovariances active collaboration with Tenzing and to assist Tenzing on various projects. Tenzing clients were finally able to benefit hands-on from Jérôme's expertise in the use of Isatis in applied mining geostatistics.
FEBRUARY 2007
BMA Assistance
Zach Casley and Oli Bertoli embarked on a road show in Central Queensland in February 2007 as part of their Provision of Geostatistical Services to BMA. They ran:
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A 3 day seminar on linear geostatistics applied to coal resource modelling;
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A one day site visit to Goonyella Riverside (GYRV) to present the result of a geostatistical characterisation of the GYRV deposit, started in September 2006;
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A one day site visit to Blackwater to present the result of a geostatistical characterisation of the Blackwater deposit started, in October 2006.
Henri Sanguinetti
Henri is a dual French/Australian citizen with almost 40 years of experience in geology and geostatistics. He is one of the true experts in the application of complex geostatistical concepts to practical mining situations; his knowledge of Uranium deposits in particular is world-class. Henri is a chartered member of AusIMM. He ran an audit of a resource model for a large Nickel mining company in New Caledonia with Tenzing in the course of February. For Tenzing this constituted the first of many projects to be run in conjunction with Henri around the world.
DECEMBER 2006
M2RC consortium
Zach Casley and Oli Bertoli attended a meeting in Paris on December 6th 2006 as representatives for Lihir Gold Limited (LGL)in the Multivariate Recoverable Resource Consortium (M2RC) run by Geovariances. The project is dealing with the prediction of the recoverable resource of a secondary mineral according to a cut-off applied to the main economic mineral. The consortium tackles challenging issues at the forefront of research in mining geostatistics and will see numerous positive applications emerge for the practitioneers. |
