Strategic mine planning - communicating uncertainty with scenarios

Abstract

This paper introduces and defines the concept of a linkage between long-term planning parameters ('global assumptions') and possible future world views as conceived in scenario planning. Scenario planning, the tool that is used to arrive at plausible future world views, is described in the context of the platinum industry. The interpretation of the scenarios into long-term planning parameters is made, followed by an illustration of how the long-term planning process has been adapted at Anglo Platinum to include the notion of uncertainty