Computing Reserves Of Mineral Deposits

The Business of Mining complete set of three Focus books provides readers with a holistic all-embracing appraisal of the analytical tools available for assessing the economic viability of prospective mines. Each volume has a discrete focus. This third volume commences with "Our Earth, its Minerals and Ore Bodies", followed by a review of mineral exploration and sampling of mineral deposits. It continues with detailed sections covering the reporting of mineral resources and reserves in Australia, and concludes with the basic principles and application of the various methods of estimating the in-situ mineral resources and ore reserves. The books were written primarily for undergraduate applied geologists, mining engineers and extractive metallurgists and those pursuing course-based postgraduate programs in mineral economics. However, the complete series will also be an extremely useful reference text for practicing mining professionals as well as for consultant geologists, mining engineers or primary metallurgists.

Engineers at the Bureau of Mines Denver Mining Research Center have been a research program investigating the theory and application of mine sampling. Part of this program is an investigation of the efficiency of sampling methods that involves development of sampling-method theory through simulating ore-deposit samples and assays, using - electronic digital computer. Theoretical developments are checked against actual ore-deposit sampling, assay, and production data by the commonly used polygonal and triangular methods of computing grade and tonnage of ore reserves. To speed the computing procedures, a program has been developed utilizing a medium-size digital computer for computing ore reserves by the polygonal method. This program calculates nine prismoids per minute at a total cost of $0.21 per prismoid. The complete program, written for an augmented IBM 650 computer, is described in detail; it can be used without change for computing ore reserves for a low-grade deposit. Modifications necessary to convert the program to compute ore reserves for virtually any other type of deposit or grouping of ore horizons also are given; however, the program is limited to using only vertical drill-hole data.

Presents an applied approach to the estimation of mineral resources/reserves. It is suitable for any university or mining school that offers courses on mineral resource/reserve estimation. It will also be valuable for professional mining and geological engineers and geologists working with mineral exploration companies.

This SME classic is both a reference book for the working engineer and a textbook for the mining student. This hardcover edition gives a brief history of surface mining and a general overview of the state of surface mining today--topics range from production and productivity to technological developments and trends in equipment. This extremely useful text takes the approach that exploration and mining geologists must be expert in a number of fields, including basic finance and economics, logistics, and pragmatic prospecting. Readers will find material on all these topics and more. The book's nine chapters include: Introduction, Exploration and Geology Techniques, Ore Reserve Estimation, Feasibility Studies and Project Financing, Planning and Design of Surface Mines, Mine Operations, Mine Capital and Operating Costs, Management and Organization, and Case Studies. The book is fully indexed.

Although aspects of mineral deposit evaluation advantages and disadvantages of each technique are covered in such texts as McKinstry (1948), so that a judgement can be made as to their Peters (1978), Reedman (1979) and Barnes applicability to a particular deposit and the min (1980), no widely available in-depth treatment of ing method proposed or used. Too often, a lack the subject has been presented. It is thus the of this expertise results in the ore-reserve calcula intention of the present book to produce a text tion being undertaken at head-office or, indeed, by the survey department on the mine, and being which is suitable for both undergraduate and treated as a 'number crunching' or geometric postgraduate students of mining geology and exercise divorced from geology. It is essential mining engineering and which, at the same time, that mine ore-reserves are calculated at the mine is of use to those already following a professional by those geologists who are most closely associ career in the mining industry. An attempt has ated with the local geology and who are thus best been made to present the material in such a way able to influence and/or constrain the calculation.