Use Of Data Processing Machines For Calculating Ore Reserves At The Sullivan Mine

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 8
- File Size:
- 2400 KB
- Publication Date:
- Jan 4, 1961
Abstract
The first use of electric punched card accounting machines as an aid in calculating reserves at the Sullivan mine in Kimberly, B.C., was made in January, 1948. At that time their use was limited to totalling individual reserve blocks for the various reserve classes and for calculating total metal content. The immediate objective was to increase speed, improve accuracy, and to effect some savings in labor that could be employed more usefully elsewhere. It was recognized also that the potential for achieving even greater advantages was excellent. The initial experiment proved so successful that it was inevitable that the use of the method would expand. Thus, for the past nine years assay data from core hole and development headings have been processed by these machines and the results integrated with the program of calculating reserves. It was also learned that the machines could store and classify a large amount of other information concerning the mining characteristics of each reserve block in addition to tonnage and metal content. This has proven very useful for the preparation of monthly production reports as well as in long term planning, in forecasting production schedules, and in analysing the results achieved.
Citation
APA:
(1961) Use Of Data Processing Machines For Calculating Ore Reserves At The Sullivan MineMLA: Use Of Data Processing Machines For Calculating Ore Reserves At The Sullivan Mine. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1961.