Jeff Parshley Wins AIME Environmental Conservation Distinguished Service Award

Jeff ParshleySRK Consulting is delighted to announce that Jeff Parshley has received the 2013 AIME Environmental Conservation Distinguished Service Award. The award was presented by the American Institute of Mining, Metallurgical, and Petroleum Engineers and the Society of Mining, Metallurgy, and Exploration. The award recognizes “significant contributions to environmental conservation by addition to knowledge, by design or invention of useful equipment or procedure, or by outstanding service to government or private organizations devoted to conservation”.

Parshley is a corporate consultant with SRK Consulting (U.S.) Inc. and has more than 30 years of global experience in environmental geology and geochemistry; feasibility and due diligence studies; mine permitting, closure and remediation; and environmental audits and liability assessments.

Parshley is a specialist in mine closure and reclamation cost estimation. In the early 2000s, mining-related bankruptcies highlighted the inability of existing estimation methods to accurately forecast reclamation and closure costs. As a result, the mining industry and regulators in the State of Nevada joined forces to investigate the concept of a standardized approach to reclamation cost estimating. This led to the development and release of the Standardized Reclamation Cost Estimator (SRCE) in 2004. Parshley was the primary author of this public domain software and continues to volunteer his time to expand the model’s capabilities. A new, international version was released in 2009 and in 2012 the original, Nevada version was updated to better accommodate the multi-faceted aspects of mining processes and the evolving uses for closure cost estimates.

“Before regulatory requirements were developed, closure cost estimates were typically intended for the planning, design, and contracting of the closure and were often developed late in the mine life cycle,” said Parshley. “With mining law changes and the need to provide financial surety for closure activities, the estimation focus shifted to the liability of the government that would assume responsibility if the operator did not fulfil its closure commitments. More recently, the scope and details of closure cost estimating have changed to enable accurate reporting of financial liabilities to shareholders and lending institutions. It is essential to understand these distinct types of estimation in order to select an appropriate method for each project.”

In accommodating these differing requirements, the SRCE has simplified the regulatory and financial review process and greatly accelerated the preparation of reclamation cost estimates.

Parshley’s award recognizes the time and expertise he has volunteered in the development of a reclamation cost estimate model that benefits mining exploration and development industries worldwide.
 

ABOUT SRK CONSULTING

SRK Consulting is an independent, international consulting practice that provides focused advice and solutions to clients, mainly in the earth and water resource industries. For mining projects, SRK offers services from exploration through feasibility, mine planning, and production to mine closure.

Established in 1974, SRK now employs more than 1,400 professionals internationally in over 45 offices on 6 continents. Please see www.srk.com for more information.

Media contact:

Rocio Ramirez, Marketing Coordinator, North America, SRK Consulting, T: +1-604-681-4196, F: +1-604-687-5532, E: rramirez@srk.com

 

 

 

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