Environmental Assessment
        
        
          Volume B-3.6
        
        
          Mine
        
        
          Natural Risks
        
        
          
            Ambatovy Project
          
        
        
          
            76
          
        
        
          
            January 2006
          
        
        
          
            Table 3.6-1 Description of Risk Criteria for Mining
          
        
        
          
            Ranking
          
        
        
          
            Categories
          
        
        
          
            Likelihood of Occurrence (Probability)
          
        
        
          
            Magnitude of Consequences
          
        
        
          
            Overall
          
        
        
          
            Risk
          
        
        
          extremely low
        
        
          1
        
        
          negligible chance of occurrence, <1:10,000 yr
        
        
          “doubt it will ever happen”
        
        
          1
        
        
          no fatalities possible,
        
        
          minor to no damage beyond owners property
        
        
          1-4
        
        
          low
        
        
          2
        
        
          not likely to occur, 1:1,000 to 1:10,000 yr “highly
        
        
          unlikely to happen”
        
        
          2
        
        
          no fatalities anticipated,
        
        
          minor damages beyond owners property
        
        
          5-8
        
        
          moderate
        
        
          3
        
        
          moderate frequency of occurrence 1:100 to 1:1,00 yr
        
        
          “it could happen”
        
        
          3
        
        
          no fatalities anticipated,
        
        
          moderate property damages
        
        
          9-14
        
        
          high
        
        
          4
        
        
          frequent occurrences, 1:10 to 1:100 yr
        
        
          “it has happened, or it probably will happen”
        
        
          4
        
        
          some fatalities possible,
        
        
          large property damages
        
        
          15-19
        
        
          extremely high
        
        
          5
        
        
          very frequent occurrences, >1:10 yr
        
        
          “happens all the time”
        
        
          5
        
        
          large number of fatalities possible,
        
        
          extreme property damages
        
        
          20-25
        
        
          Note:
        
        
          Ranking Category “Extremely Low” signifies negligible occurrence potential.
        
        
          Details above adapted from Pelletier and Dushnisky (1993) and Davies (1998).