
As an Amazon Associate and affiliate partner, Menrva Books earns from qualifying purchases. Learn more
This book addresses the practice of geostatistical simulation to evaluation of mineral reserves, prediction of recovered tonnages and mineral grades and the impact of mining dilution. Such prediction is absolutely critical for mine planning and investment decisions, yet it cannot be made on maps directly interpolated from present data. Various dilution factors need to be introduced to account for · the support effect: mining unit volumes are vastly different from composite data unit volumes · the information effect: future selection of ore/waste will be based on vastly different data than that presently available. Geostatistical simulations allow a rigorous evaluation of these effects on reserves recovery. These stochastic simulations have the potential to be for the mining industry what a wind tunnel is for aircraft design. This book is written by two expert geostatisticians--Journel is the pioneer of mining geostatistics--and established academics.
This book investigates how geostatistical simulation techniques can provide more accurate predictions of mineral reserves, recovered tonnages, and mineral grades compared to traditional interpolation methods. The authors, Andre G. Journel and Phaedon C. Kyriakidis, leverage their extensive academic and industry experience to present a rigorous framework for addressing the complexities of mining dilution. By moving beyond simple map interpolation, the text provides a methodology for incorporating the support effect and the information effect into reserve estimation. This approach offers a robust analytical tool for mine planning and financial decision-making in the mining sector.
What You Will Find
Experts recognize this work as a foundational text in the field of mining geostatistics, particularly due to Journel's status as a pioneer in the discipline. Readers frequently note the technical density of the prose, which is intended for professionals and academics requiring advanced statistical modeling capabilities.
Page Count:
232
Publication Date:
2004-05-27
Publisher:
Oxford University Press
ISBN-10:
0195166949
ISBN-13:
9780195166941
No comments yet. Be the first to share your thoughts!