COSMO Lab

Smart miners know one plan won’t cut it - stochastic thinking is helping them outsmart uncertainty, reduce risk, and mine with more confidence than ever

For decades, mine planning has leaned heavily on deterministic models - tools that simplify the earth into a single version of the truth.

Better roughly right than smoothly wrong? Dr Marcelo Godoy urges miners to ditch comfort models and embrace uncertainty for real planning power

At the 2025 AusIMM Mineral Resource Estimation Conference in Perth, AngloGold Ashanti's Chief Technology Officer, Dr Marcelo Godoy, delivered a keynote that sparked serious introspection across the resource estimation profession.