About a month ago, you may have read a couple articles I posted that reviewed opinions on why projects fail - these were the result of some online research and a number of interviews I held late last year. At the end of my post, I asked your opinion - did you agree, disagree, and if so, what did you think were primary reasons?
There were some great responses, where some were in agreement to the findings, and others offered more in-depth and technically specific reasons, from their perspective. Many of these factors revolved around poor geological or mineralogical understanding and interpretation. Many suggested poor process design, and yet others named social pressures and objections. There were more than a few references to interdependent and complex issues. It was great engagement, and I appreciate your input!
To kick this article off, I'm digging into the accused geologic aspect a little more, because it is our primary starting point of a mine anyways, but more particularly because I've recently read a number of articles that have pointed the finger solely at resource and reserve estimations as the cause of failure of many mine development projects.
However, what you will find in my arguments, suggests that there may be more going on to consider, when it comes to failure.