Ore Reserve Estimation and Strategic Mine Planning

Ore Reserve Estimation and Strategic Mine Planning PDF Author: Roussos Dimitrakopoulos
Publisher: Springer
ISBN: 9781402044120
Category : Science
Languages : en
Pages : 325

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Book Description
The mining business faces continual risks in producing metals and raw materials under fluctuating market demand. At the same time, the greatest uncertainty driving the risk and profitability of mining investments is the geological variability of mineral deposits. This supply uncertainty affects the prediction of economic value from the initial valuation of a mining project through mine planning, design and production scheduling. This book is the first of its kind, presenting state-of-the-art stochastic simulation and optimization techniques and step-by-step case studies. Quantification of geological uncertainty through new efficient conditional simulation techniques for large deposits, integration of uncertainty to stochastic optimization formulations for design and production scheduling and the concurrent management of risk are shown to create flexibility, options and oportunities, increase asset value, cashflows and return on investment. New approaches introduced include resource/reserve risk quantification, cost-effective drilling programs, pit design and long-term production scheduling optimization with simulated orebodies, ore reserve classification, geologic risk discounting, waste managing and demand driven scheduling, risk assessment in meeting project production schedules ahead of mining, risk based optimal stope design, options valuation when mining. Applications include commodities such as gold, copper, nickel, iron ore, coal and diamonds.

Ore Reserve Estimation and Strategic Mine Planning

Ore Reserve Estimation and Strategic Mine Planning PDF Author: Roussos Dimitrakopoulos
Publisher: Springer
ISBN: 9781402044120
Category : Science
Languages : en
Pages : 325

Get Book Here

Book Description
The mining business faces continual risks in producing metals and raw materials under fluctuating market demand. At the same time, the greatest uncertainty driving the risk and profitability of mining investments is the geological variability of mineral deposits. This supply uncertainty affects the prediction of economic value from the initial valuation of a mining project through mine planning, design and production scheduling. This book is the first of its kind, presenting state-of-the-art stochastic simulation and optimization techniques and step-by-step case studies. Quantification of geological uncertainty through new efficient conditional simulation techniques for large deposits, integration of uncertainty to stochastic optimization formulations for design and production scheduling and the concurrent management of risk are shown to create flexibility, options and oportunities, increase asset value, cashflows and return on investment. New approaches introduced include resource/reserve risk quantification, cost-effective drilling programs, pit design and long-term production scheduling optimization with simulated orebodies, ore reserve classification, geologic risk discounting, waste managing and demand driven scheduling, risk assessment in meeting project production schedules ahead of mining, risk based optimal stope design, options valuation when mining. Applications include commodities such as gold, copper, nickel, iron ore, coal and diamonds.

Advances in Applied Strategic Mine Planning

Advances in Applied Strategic Mine Planning PDF Author: Roussos Dimitrakopoulos
Publisher: Springer
ISBN: 3319693204
Category : Science
Languages : en
Pages : 784

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Book Description
This book presents a collection of papers on topics in the field of strategic mine planning, including orebody modeling, mine-planning optimization and the optimization of mining complexes. Elaborating on the state of the art in the field, it describes the latest technologies and related research as well as the applications of a range of related technologies in diverse industrial contexts.

Geostatistical Ore Reserve Estimation

Geostatistical Ore Reserve Estimation PDF Author: M. David
Publisher: Elsevier
ISBN: 0444597611
Category : Technology & Engineering
Languages : en
Pages : 385

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Book Description
Developments in Geomathematics, 2: Geostatistical Ore Reserve Estimation focuses on the methodologies, processes, and principles involved in geostatistical ore reserve estimation, including the use of variogram, sampling, theoretical models, and variances and covariances. The publication first takes a look at elementary statistical theory and applications; contribution of distributions to mineral reserves problems; and evaluation of methods used in ore reserve calculations. Concerns cover estimation problems during a mine life, origin and credentials of geostatistics, precision of a sampling campaign and prediction of the effect of further sampling, exercises on grade-tonnage curves, theoretical models of distributions, and computational remarks on variances and covariances. The text then examines variogram and the practice of variogram modeling. Discussions focus on solving problems in one dimension, linear combinations and average values, theoretical models of isotropic variograms, the variogram as a geological features descriptor, and the variogram as the fundamental function in error computations. The manuscript ponders on statistical problems in sample preparation, orebody modeling, grade-tonnage curves, ore-waste selection, and planning problems, the practice of kriging, and the effective computation of block variances. The text is a valuable source of data for researchers interested in geostatistical ore reserve estimation.

Structural Control of Mineral Deposits

Structural Control of Mineral Deposits PDF Author: Alain Chauvet
Publisher: MDPI
ISBN: 3038977845
Category : Science
Languages : en
Pages : 256

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Book Description
"Structural Control” remains a crucial point that frequently lacks in any scientific and/or economic analysis of ore deposits, whatever their type and class. The case of lode deposits is exemplary, although also other deposits, like breccia pipe, stockwerk, massive sulphides, skarn, etc., can, surprisingly, be concerned. Several concepts like the gold-bearing shear zone have not proven valid during the last few decades in terms of our understanding of gold deposit and have been totally abandoned. Additionally, the relationships between magmatism, regional tectonic context, and mineralization remain uncertain and have been debated in several recent publications. This demonstrates that this issue is still relevant, and its solution may help in the distinction between intrusion-related and orogenic deposits. In this Special Issue, we particularly invite any case study of mineral deposits, in which it has been demonstrated that structural geology may have a significant role in the establishment of the deposit model of formation and/or on exploration and exploitation programs. Examples in which the structural model diverges from those described in the classical literature are particularly welcomed, including studies in which relationships with magmatism can be suspected and/or demonstrated. Indeed, all cases that illustrate concepts that differ from the classic ones and from theoretical models may represent significant contributions to this volume.

Handbook of Production Scheduling

Handbook of Production Scheduling PDF Author: Jeffrey W. Herrmann
Publisher: Springer Science & Business Media
ISBN: 0387331174
Category : Business & Economics
Languages : en
Pages : 331

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Book Description
This book concentrates on real-world production scheduling in factories and industrial settings. It includes industry case studies that use innovative techniques as well as academic research results that can be used to improve production scheduling. Its purpose is to present scheduling principles, advanced tools, and examples of innovative scheduling systems to persons who could use this information to improve their own production scheduling.

Geostatistics Valencia 2016

Geostatistics Valencia 2016 PDF Author: J. Jaime Gómez-Hernández
Publisher: Springer
ISBN: 3319468197
Category : Science
Languages : en
Pages : 949

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Book Description
This book contains selected contributions presented at the 10th International Geostatistics Congress held in Valencia from 5 to 9 September, 2016. This is a quadrennial congress that serves as the meeting point for any engineer, professional, practitioner or scientist working in geostatistics. The book contains carefully reviewed papers on geostatistical theory and applications in fields such as mining engineering, petroleum engineering, environmental science, hydrology, ecology, and other fields.

Mineral Resource Estimation

Mineral Resource Estimation PDF Author: Mario E. Rossi
Publisher: Springer Science & Business Media
ISBN: 1402057172
Category : Science
Languages : en
Pages : 337

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Book Description
Mineral resource estimation has changed considerably in the past 25 years: geostatistical techniques have become commonplace and continue to evolve; computational horsepower has revolutionized all facets of numerical modeling; mining and processing operations are often larger; and uncertainty quantification is becoming standard practice. Recent books focus on historical methods or details of geostatistical theory. So there is a growing need to collect and synthesize the practice of modern mineral resource estimation into a book for undergraduate students, beginning graduate students, and young geologists and engineers. It is especially fruitful that this book is written by authors with years of relevant experience performing mineral resource estimation and with years of relevant teaching experience. This comprehensive textbook and reference fills this need.

Minefill 2020-2021

Minefill 2020-2021 PDF Author: Ferri Hassani
Publisher: CRC Press
ISBN: 1000454215
Category : Technology & Engineering
Languages : en
Pages : 450

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Book Description
The series of International Symposiums on Mining with Backfill explores both the theoretical and practical aspects of the application of mine fill, with many case studies from both underground and open-pit mines. Minefill attendees and the Proceedings book audience include mining practitioners, engineering students, operating and regulatory professionals, consultants, academics, researchers, and interested individuals and groups. The papers presented at Minefill symposiums regularly offer the novelties and most modern technical solutions in technology, equipment, and research. In that way, the papers submitted for the Minefill Symposia represent the highest quality and level in the conference domain. For the 2020-2021 edition organizers hope that the papers presented in this publication will also be received with interest by readers around the world, providing inspiration and valuable examples for industry and R&D research.

A Dictionary of Mining, Mineral, and Related Terms

A Dictionary of Mining, Mineral, and Related Terms PDF Author: United States. Bureau of Mines
Publisher:
ISBN:
Category : Mineral industries
Languages : en
Pages : 1284

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Book Description
Includes about 55,000 individual mining and mineral industry term entries with about 150,000 definitions under these terms.

Mining goes Digital

Mining goes Digital PDF Author: Christoph Mueller
Publisher: CRC Press
ISBN: 1000398226
Category : Technology & Engineering
Languages : en
Pages : 759

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Book Description
The conferences on ‘Applications for Computers and Operations Research in the Minerals Industry’ (APCOM) initially focused on the optimization of geostatistics and resource estimation. Several standard methods used in these fields were presented in the early days of APCOM. While geostatistics remains an important part, information technology has emerged, and nowadays APCOM not only focuses on geostatistics and resource estimation, but has broadened its horizon to Information and Communication Technology (ICT) in the mineral industry. Mining Goes Digital is a collection of 90 high quality, peer reviewed papers covering recent ICT-related developments in: - Geostatistics and Resource Estimation - Mine Planning - Scheduling and Dispatch - Mine Safety and Mine Operation - Internet of Things, Robotics - Emerging Technologies - Synergies from other industries - General aspects of Digital Transformation in Mining Mining Goes Digital will be of interest to professionals and academics involved or interested in the above-mentioned areas.