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An Introduction to Cut-off Grade Estimation, Second Edition

An Introduction to Cut-off Grade Estimation, Second Edition
Author: Jean-Michel Rendu
Publisher: Society for Mining, Metallurgy, and Exploration
Total Pages: 170
Release: 2014-01-10
Genre: Technology & Engineering
ISBN: 0873353935

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An Introduction to Cut-off Grade Estimation examines one of the most important calculations in the mining industry. Cut-off grades are essential to determining the economic feasibility and mine life of a project. Profitability and socioeconomic impact of mining operations are influenced by the choice of cut-off grades. Cut-off grades play a key role in estimating mineral reserves that can be publicly reported. This new edition is easier to read and of greater practical interest to practitioners. The relationship between optimization of net present value, capacity constraints, and opportunity cost is explained in greater detail. A new section discusses blending strategies, which play a critical role in an increasing number of mining operations. Author Jean-Michel Rendu, an internationally recognized expert in the management, estimation, and public reporting of mineral resources, provides practical insights. As a manager in major mining companies, a consultant, and an educator, Rendu has acquired considerable experience in all aspects of mining engineering, experience that was incorporated into this publication.


An Introduction to Cut-off Grade Estimation

An Introduction to Cut-off Grade Estimation
Author: Jean-Michel Rendu
Publisher: Society for Mining Metallurgy
Total Pages: 106
Release: 2008
Genre: Technology & Engineering
ISBN: 9780873352680

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Does the material being mined have enough value to be worth processing? Should it be processed immediately or stockpiled? And if multiple processes are available, like heap leaching and milling, which one should be used? A cut-off grade can provide the answers. An Introduction to Cut-off Grade Estimation examines one of the most important calculations in the mining industry. Cut-off grades are essential to determining the economic feasibility and mine life of a project. Increased cut-off grades can reduce political risks by ensuring higher financial returns over a shorter period of time. Conversely, lower cut-off grades may increase project life with longer economic benefits to shareowners, employees, and local communities. Cut-off grades also impact reported reserves, which are closely monitored by stock exchanges and regulatory agencies. Author Dr. Jean-Michel Rendu, an internationally recognized expert in the management, estimation, audit, and public reporting of mineral resources, provides practical insights into this critical variable. You'll learn about minimum cut-off grades, as well as those for deposits containing multiple valuable minerals. Dr. Rendu explains which costs should be included in cut-off grade calculations and considerations when planning open pit, underground, and block and panel caving operations. He shows how to optimize a copper mining project by changing grind size, and demonstrates the relationship between deposit modeling, ore control, and cut-off grades. An Introduction to Cut-off Grade Estimation includes dozens of charts, graphs, and mathematical formulas to explain basic concepts in a simple, step-by-step fashion. It is a "must read" for mine managers, analysts, geologists, mining engineers, and public policymakers who want to stay on the leading edge of their profession.


An Introduction to Cut-Off Grade Estimation

An Introduction to Cut-Off Grade Estimation
Author: Jean-Michel Rendu
Publisher: Society for Mining Metallurgy & Exploration
Total Pages: 115
Release: 2008
Genre: Ores
ISBN: 9780873352840

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An Introduction to Cut-off Grade Estimation examines one of the most important calculations in the mining industry. Cut-off grades are essential to determining the economic feasibility and mine life of a project. Increased cut-off grades can reduce political risks by ensuring higher financial returns over a shorter period of time. Conversely, lower cut-off grades may increase project life with longer economic benefits to shareowners, employees, and local communities. Cut-off grades also impact reported reserves, which are closely monitored by stock exchanges and regulatory agencies. Author Dr. Jean-Michel Rendu, an internationally recognized expert in the management, estimation, audit, and public reporting of mineral resources, provides practical insights into this critical variable. YouOCOll learn about minimum cut-off grades, as well as those for deposits containing multiple valuable minerals. Dr. Rendu explains which costs should be included in cut-off grade calculations and considerations when planning open pit, underground, and block and panel caving operations. He shows how to optimize a copper mining project by changing grind size, and demonstrates the relationship between deposit modeling, ore control, and cut-off grades.


The Economic Definition of Ore

The Economic Definition of Ore
Author: Kenneth F Lane
Publisher: Comet Strategy Pty Limited
Total Pages: 164
Release: 2018-01-15
Genre: Technology & Engineering
ISBN: 9780994185273

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Ken Lane's book "The Economic Definition of Ore" is a standard reference work within the mining industry. Elaborating on his theory originally developed in 1964, this book provides a thorough and comprehensive description of both the theory and practice of implementing cut-off grades within a mining operation.


Advances in Applied Strategic Mine Planning

Advances in Applied Strategic Mine Planning
Author: Roussos Dimitrakopoulos
Publisher: Springer
Total Pages: 800
Release: 2018-01-17
Genre: Science
ISBN: 3319693204

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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.


Mineral Resource Estimation

Mineral Resource Estimation
Author: Mario E. Rossi
Publisher: Springer Science & Business Media
Total Pages: 337
Release: 2013-12-21
Genre: Science
ISBN: 1402057172

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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.


Mineral Resources

Mineral Resources
Author: Manuel Bustillo Revuelta
Publisher: Springer
Total Pages: 653
Release: 2017-08-23
Genre: Science
ISBN: 3319587609

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This comprehensive textbook covers all major topics related to the utilization of mineral resources for human activities. It begins with general concepts like definitions of mineral resources, mineral resources and humans, recycling mineral resources, distribution of minerals resources across Earth, and international standards in mining, among others. Then it turns to a classification of mineral resources, covering the main types from a geological standpoint. The exploration of mineral resources is also treated, including geophysical methods of exploration, borehole geophysical logging, geochemical methods, drilling methods, and mineral deposit models in exploration. Further, the book addresses the evaluation of mineral resources, from sampling techniques to the economic evaluation of mining projects (i.e. types and density of sampling, mean grade definition and calculation, Sichel’s estimator, evaluation methods – classical and geostatistical, economic evaluation – NPV, IRR, and PP, estimation of risk, and software for evaluating mineral resources). It subsequently describes key mineral resource exploitation methods (open pit and underground mining) and the mineral processing required to obtain saleable products (crushing, grinding, sizing, ore separation, and concentrate dewatering, also with some text devoted to tailings dams). Lastly, the book discusses the environmental impact of mining, covering all the aspects of this very important topic, from the description of diverse impacts to the environmental impact assessment (EIA), which is essential in modern mining projects.


The Mining Valuation Handbook 4e

The Mining Valuation Handbook 4e
Author: Victor Rudenno
Publisher: John Wiley & Sons
Total Pages: 629
Release: 2019-09-10
Genre: Business & Economics
ISBN: 0730381455

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An essential, in-depth guide to mining investment analysis Written by a mining investment expert, The Mining Valuation Handbook: Mining and Energy Valuation for Investors and Management is a useful resource. It's designed to be utilized by executives, investors, and financial and mining analysts. The book guides those who need to assess the value and investment potential of mining opportunities. The fourth edition text has been fully updated in its coverage of a broad scope of topics, such as feasibility studies, commodity values, indicative capital and operating costs, valuation and pricing techniques, and exploration and expansion effects.


Mining goes Digital

Mining goes Digital
Author: Christoph Mueller
Publisher: CRC Press
Total Pages: 782
Release: 2019-05-22
Genre: Technology & Engineering
ISBN: 1000439062

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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.


Applied Mineral Inventory Estimation

Applied Mineral Inventory Estimation
Author: Alastair J. Sinclair
Publisher: Cambridge University Press
Total Pages: 400
Release: 2006-01-19
Genre: Technology & Engineering
ISBN: 9780521021821

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Applied Mineral Inventory Estimation presents a comprehensive applied approach to the estimation of mineral resources/reserves with particular emphasis on the geological basis of such estimations, the need for and maintenance of a high quality assay data base, the practical use of comprehensive exploratory data evaluation, and the importance of a comprehensive geostatistical approach to the estimation methodology. Practical problems and real data are used throughout as illustrations. Each chapter ends with a summary of practical concerns, a number of exercises and a short list of references for supplementary study. This textbook is suitable for any university or mining school that offers senior undergraduate and graduate student courses on mineral resource/reserve estimation.