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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.
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.
This volume comprises 43 papers under the following topics: Modelling and Planning in the New World; Modelling Orebodies and Applications; Mining Optimisation and Case Studies; Large-Scale Integrated Applications; Uncertainty Models and Recoverable Reserves; Optimisation is Moving Underground and The New World and Strategic Innovation."--pub. desc.
This special volume offers a snapshot of the latest developments in mineral exploration, in particular, geophysical, geochemical, and computational methods. It reflects the cutting-edge applications of geophysics and geochemistry, as well as novel technologies, such as in artificial intelligence and hyperspectral exploration, methods that have profoundly changed how exploration is conducted. This special volume is a representation of these cutting-edge and pioneering methods to consider and conduct exploration, and should serve both as a valuable compendium of the most innovative exploration methodologies available and as a foreshadowing of the form of future exploration. As such, this volume is of significant importance and would be useful to any exploration geologist and company
In this book, Dr. Soofastaei and his colleagues reveal how all mining managers can effectively deploy advanced analytics in their day-to-day operations- one business decision at a time. Most mining companies have a massive amount of data at their disposal. However, they cannot use the stored data in any meaningful way. The powerful new business tool-advanced analytics enables many mining companies to aggressively leverage their data in key business decisions and processes with impressive results. From statistical analysis to machine learning and artificial intelligence, the authors show how many analytical tools can improve decisions about everything in the mine value chain, from exploration to marketing. Combining the science of advanced analytics with the mining industrial business solutions, introduce the “Advanced Analytics in Mining Engineering Book” as a practical road map and tools for unleashing the potential buried in your company’s data. The book is aimed at providing mining executives, managers, and research and development teams with an understanding of the business value and applicability of different analytic approaches and helping data analytics leads by giving them a business framework in which to assess the value, cost, and risk of potential analytical solutions. In addition, the book will provide the next generation of miners – undergraduate and graduate IT and mining engineering students – with an understanding of data analytics applied to the mining industry. By providing a book with chapters structured in line with the mining value chain, we will provide a clear, enterprise-level view of where and how advanced data analytics can best be applied. This book highlights the potential to interconnect activities in the mining enterprise better. Furthermore, the book explores the opportunities for optimization and increased productivity offered by better interoperability along the mining value chain – in line with the emerging vision of creating a digital mine with much-enhanced capabilities for modeling, simulation, and the use of digital twins – in line with leading “digital” industries.
An in-depth look at an integral part of mining strategy optimisation - cut-off specification.
The first of its kind, this book offers a simple, yet detailed, step-by-step guide on solving traditional and future mine planning problems. It makes a comprehensive contemporary treatment of the needs of practical knowledge in mine planning of students and professionals in the mining industry. Its integration of spreadsheet modelling allows the reader to analyze more meaningful exercises, rather than simply solving traditional assignment type problems.
This book covers the main mining issues where geostatistics, a discipline founded in the 1960s to study regionalized variables measured at a limited number of points in space, is expected to play a role. Each chapter of the book is associated with a stage of the mining sequence, including the interpretation and geological modeling of mineral deposits, evaluation of in-situ and recoverable resources, long-term mine planning, short-term planning and ore control, geotechnics, geometallurgy and sampling. This work, featuring more than 150 illustrations, avoids the traditional laborious and crippling theoretical treatment of geostatistics and is systematically oriented toward a practical exhibition of the problems and proposed solutions. The writing is fluid and intended to involve the reader. The book is the fruit of more than 35 cumulative years of applied research by the authors, a professor at the University of Chile and a researcher at Mines ParisTech, carried out in collaboration with the Chilean company Codelco since the late 1990s. Despite focusing on copper porphyry deposits, the generalization of the methods presented to the entire mining industry is straightforward. The broad range of problems addressed, including generally neglected disciplines such as geotechnics, geometallurgy and sampling, and their practical presentation make this book unique and usable by a very wide audience – students, researchers, geologists, engineers, geotechnicians and metallurgists.
This conference proceedings presents the research papers in the field of mine planning and mining equipment including themes such as mine automation, rock mechanics, drilling, blasting, tunnelling and excavation engineering. The papers presents the recent advancement and the application of a range of technologies in the field of mining industry. It is of interest to the professionals who practice in mineral industry including but not limited to engineers, consultants, managers, academics, scientist, and government staff.