Beyond the pit: Why laboratory integrity now shapes mining viability - ME Feature Article
- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 5
- File Size:
- 2848 KB
- Publication Date:
- Jun 1, 2026
Abstract
With commodity prices rising across the
mining sector, from gold to strategically
critical rare earth elements, more material has
moved back into economic consideration. This
has placed greater emphasis on reliable and
defensible analytical results. When gold reached
record levels earlier this year, material long
considered marginal was suddenly worth another
look. Stockpiles were revisited, lower-grade
zones returned to the model, and economic
assumptions were recalculated in light of a new
price reality.
That recalibration narrows the margin for
analytical uncertainty. As projects operate
closer to economic thresholds, small differences
in assay results begin to carry greater weight
across exploration programs, grade control and
processing decisions.
In many operations, the line between sending
material to the mill or to the dump hinges on
fractions of a gram per ton. This is true in gold
projects adjusting cutoff
grades or in rare earth
deposits managing complex
elemental distributions. At
that scale, analytical data do
more than confirm grade;
they shape classification,
recovery modeling and longterm
resource estimates.
No reserve is declared without defensible
analytical data supporting the underlying
resource model. In projects operating near
cutoff, those laboratory results directly influence
economic classification decisions.
“The difference between a viable project
and a marginal one can come down to analytical
precision,” said William R. Sattlegger, P. Geo.,
chief executive officer of i2iVestcom Advisors
Corp. and executive director of the Critical
Minerals Conference. “Those numbers drive
metallurgy, recovery and valuation models. If you
lose confidence in the data, you lose confidence
in the project.”
Consider a deposit processing 20 Mt (22
million st) annually at a cutoff near 0.5 g/t. A
shift of just 0.05 g/t in reported grade, whether
from sampling variability or calibration bias,
can alter how large volumes of material are
classified. Across that scale, even small analytical
differences can translate into meaningful
economic consequences.
Citation
APA: (2026) Beyond the pit: Why laboratory integrity now shapes mining viability - ME Feature Article
MLA: Beyond the pit: Why laboratory integrity now shapes mining viability - ME Feature Article. Society for Mining, Metallurgy & Exploration, 2026.