Evaluation of Mineral Reserves: A Simulation Approach (Applied Geostatistics Series) |  | Authors: André G. Journel, Phaedon C. Kyriakidis Publisher: Oxford University Press, USA Category: Book
List Price: $140.00 Buy New: $8.48 as of 9/8/2010 06:47 CDT details You Save: $131.52 (94%)
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Seller: academybookshop Rating: 2 reviews
Media: Hardcover Pages: 232 Number Of Items: 1 Shipping Weight (lbs): 1 Dimensions (in): 9.2 x 6.1 x 0.7
ISBN: 0195166949 Dewey Decimal Number: 553 EAN: 9780195166941
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Product Description 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.
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| Customer Reviews: Interest to the Mining Industry July 12, 2004 Jean-Michel Rendu (USA) 2 out of 2 found this review helpful
The mining industry is showing increasing interest in the use of simulation for mine design optimization, risk analysis, and estimation of recoverable reserves as a function of mining selectivity. Many symposia have been organized to discuss deposit simulation and its applications. However, as stated in the book's introduction, there was an obvious need for a book describing the mathematical and practical aspects of simulation. Journel and Kyriakidis filled this gap. As expected from Journel the book is thorough, detailed, requiring a strong statistical background to be fully appreciated, but a must-read for anyone interested in the subject. It will become a text book for all serious students of geostatistics and a fundamental reference for all geostatisticians.
Evaluation of Mining Reserves August 16, 2004 A. Arik (USA) 2 out of 2 found this review helpful
This is a well-outlined book explaining the simulation approach to the evaluation of mining reserves. It starts out with the statement of the problem, gives the notations used, and notes the objectives of estimation and simulation. After the simulation approach is explained, volume-variance correction alternative is discussed. There are very good application examples with the sample reference data set used. More than 200 pages of excellent reading material in the subject. Highly recommend it.
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