Risk Based Decision Making In Mining

AREAS OF STUDY: Management

Qualifies for CMS

Live Webcast Live Webcasts
  • Audience Level: Professional Tool Tip
  • Dates: Unscheduled Tool Tip
  • Early Bird: Tool Tip
  • Enrollment: Included Tool Tip
  • Registration Fee: Tool Tip
  • Location: Live Webcast Tool Tip
  • Duration: 3 sessions of 2.5 hours each
  • CEUs: 0.8 (8 PDHs) Tool Tip

Course Summary


This course introduces a unified, transparent approach to risk and crisis management and explores the link between the so-called financial and non-financial risks. It covers the evolution of qualitative, quantitative approaches in risk assessment, how to present risks in a clear and transparent way, and how to use your risk management program to get the most value for you and your company.

It also presents crisis management, prediction of the depth and duration of economic turmoil, and how companies should react when faced with a crisis. By the end of this webcast you will know how to:

  • Transparently integrate upside risks (gains) and downside risks (exposures, crises) in your decision making process.
  • Properly prioritize your mitigation means against risks and crisis exposures.

Pre-Course e-Learning

Prior to the course, registered delegates have access to the online e-learning material consisting of an introductory course titled Risk and Decision Making.

Certificate in Mining Studies

This course qualifies for one day of short course credit for the Certificate in Mining Studies (CMS), a continuing education program of accredited short courses, webcasts and online courses for lifelong learning in mining, supported by University of British Columbia, University of Arizona and University of Concepción. more details »

Continuing Professional Development (CPD)

Registered participants who attend the entire webcast and complete an evaluation at the end of the course will receive a Certificate of Attendance, confirming the Professional Development Hours (PDH)/Continuing Education Units (CEU) earned. Please confirm with your employer and/or professional association that this course qualifies for CPD.

Who Should Attend?

This webcast will be of particular interest to mining project managers, planning engineers, regulators, bankers, insurers and other mining specialists.

Franco Oboni

After two decades of intense geotechnical and contracting experience, above and underground, Franco slowly but surely pivoted towards risk engineering, an arena in which he has been internationally active for over two decades. Franco manages a broad range of risk and crisis mitigation projects for major mining companies all over the world. Projects include negotiations with community leaders, Quantitative Risk Assessments, Optimum Risk Estimates (ORE ©Riskope, 2010–present) and third party reviews. Franco has over fifty published papers and is co-author of the 2007 book entitled: “Improving Sustainability through Reasonable Risk and Crisis Management”. Franco delivers customized seminars world-wide and was co-recipient of the Italian Canadian Chamber of Commerce (Canada West) 2010 Innovation Award. His clients include international mining companies, UNDP, Fortune 500, World Bank, railroads, highways, harbors, luxury and food suppliers, military and numerous communities, regional and provincial governments.

Cesar Oboni

Cesar is involved in quantitative risk analyses and third party reviews for mining operations, mining logistics, commercial wharves, production facilities and environmental protection “at perpetuity” projects. Cesar has been very active in the analysis of special and emerging risks, co-authoring a report on Cyber-defence at national scale for a European country. In various projects Cesar created a link between Risk Analysis and mitigative action plans considering Health & Safety, societal acceptability, willingness to pay and other social drivers. His clients include Fortune 500, large mining corporations, UN/UNDP, transportation companies and military. Cesar is the co-author of the 2007 book entitled: “Improving Sustainability through Reasonable Risk and Crisis Management” and over fifteen papers published in international conferences and symposiums. He was co-recipient of the 2010 ICCC, Italian Canadian Chamber of Commerce (Canada West), Innovation Award.

Provisional Schedule

This webcast is divided into three sessions with following topics:

Session 1: 25 October 2012, from 8:00am to 10:30am Pacific Standard Time
Duration Session
30 min


  • Link between the so called financial and non financial risks
  • Unified transparent approach to R&CM
  • R&CM have evolved from an "after the fact" implementation into a "pre-feasibility" exercise, and decision making support tools
60 min

Evolution of Qualitative, Quantitative approaches in Risk Assessment

  • Examine recent and well knowns crises, disasters
  • History of some critical decisions examples
  • Illustrate various common behavioral biases
  • Let minds quantify the losses for a better grasp on reality
  • Two major case studies
45 min

How to present risks in a clear and transparent way avoiding the "overwhelming syndrome"

  • Various risk representations will be intuitively presented.
  • Representative real life case studies
  • Lesson learned from past experience
Session 2: 26 October 2012, from 8:00am to 10:30am Pacific Standard Time
Duration Session
15 min

Summary of Session One

15 min

Discussion on Session One Conclusions

60 min

How you could use your risk management program to get the most value for you and your company

  • Real life examples
  • Go/no go decisions
  • Solution against Insurance denial in Mining
45 min

A few examples on what CDA/ESM can help you deciding or help you explaining why you have made that decision

  • Balangero Asbestos Tailings Dump case study
  • KISS approach to Risk Based decision making
15 min

Questions and Answers

Session 3: 27 October 2012, from 8:00am to 10:30am Pacific Standard Time
Duration Session
15 min

Summary of Session Two

15 min

Discussion on Session Two Conclusions

105 min

Crisis models and management

  • Crisis Management - prediction of depth and duration of economic turmoil
  • The "crisis game" (from Edumine course)
  • Analysis of various companies facing crises
  • Reaction primer
  • Consequences
  • Conclusions
15 min

Questions and Answers

How to Register

To register yourself, click the ‘Register Now’ button and complete the online registration form.

To register on behalf of someone else, or to register groups of 2 or more, please contact us; discounts may apply.

Questions? Please contact Edumine: +1 604 683 2037 or [email protected] and we will get back to you during regular business hours, Monday - Friday, 8:00am to 5:00pm Pacific Time.

Registration Deadline

Online registration ends 15 minutes prior to the webcast; however phone registration can be accepted up to the start of the webcast. Please call +1 604 683 2037 ext. 259 for last-minute reservations. Webcasts fill up quickly. Early booking is advised!


The fee covers the lecture, access to electronic course notes, Pre-Course e-Learning and a certificate of attendance.

Early Bird: there is a 10% discount if you register at least 30 days prior to the course start date. A 10% discount is offered for groups of 5 or more OR if you provide your Annual Edumine subscription User ID at time of registration. The maximum discount that can be applied is 20%.

This webcast is designed for both individual and group participation and would make an excellent company-sponsored in-house training event. If you have a group of twenty or more who would like to attend this course from one location, please contact us at +1 604 683 2037 for special pricing.

How Webcasts Work

It's easy and our webcast saves on fees, travel and time! You will be able to ask questions and have live discussions during the webcast just as if you were there in person. At the time of the webcast, you connect to the internet, call in to a toll/toll-free number to hear and talk through the telephone or simply listen and speak over your headset/PC speakers using Voice over IP (VoIP). You see the presentation as well as the instructor on your computer screen.

System Requirements

To attend this webcast, you will need a computer with a high-speed internet connection (DSL or cable). You will also need a phone line or integrated microphone in your PC or a headset. For your comfort, it is recommended that you use a speaker phone or headset to connect to the webcast. Our system will support both PC and Apple computers using Internet Explorer, Chrome, Firefox or Safari browsers.

Accessing the Webcast

One day prior to the webcast, you will be emailed a link for the webcast. About 15 minutes before the scheduled starting time, simply go to the website provided in the email. You should be able to simply click on the link in the email; however, some email programs may require that you copy the address and paste it into your browser's address bar. You will be asked to enter your name and email address, and you will need to enter the password that was sent to you in the email. Once you have logged in, a screen will pop up with the Voice over IP option or a toll/toll-free telephone number to call. Of course, our team is available to help if you have any questions about accessing the webcast: +1 604 683 2037 ext. 259.

Terms and Conditions

By submitting the webcast registration form, you agree to pay the associated fees in full before the course start date.


Notice of cancellation must be given in writing by letter, fax or email and action will be taken to recover, from the delegates or their employers, that portion of the fee owing at the time of cancellation.

If a delegate submits written notice of cancellation 10 or more business days prior to the first day of the webcast, Edumine will refund the cost of the webcast.

If a delegate submits written notice of cancellation prior to the webcast but within 9 business days of the first day of the webcast, Edumine will refund the delegate's payment less a 10% administration fee.

If a delegate submits written notice of cancellation after the webcast has started, or misses all or a portion of the webcast without notice, no refund will be granted.

Edumine reserves the right to cancel an advertised course on short notice. It will endeavour to provide participants with as much notice as possible, but will not accept liability for costs incurred by participants or their organisations as a result of the course being cancelled or postponed. If a course is cancelled, fees will be refunded in full. Edumine also reserves the right to postpone or make such alterations to the content of a course as may be necessary.

Resources for Risk Based Decision Making In Mining

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