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Approaches to Reporting Grade Uncertainty in High-Nugget Gold Vein ProjectsBy W B. Edgar, S C. Dominy
High-nugget effect vein-gold systems are generally considered to be one of the most challenging of deposit types to evaluate and exploit. To potential investors and mining companies, they are viewed a
May 24, 2012
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Mine Project Risk ManagementRisk management has become an essential tool for mining companies to ensure their projects are well-managed and profit expectations are achieved. Risk management has also become a mandatory corporate
May 24, 2012
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A Great Project Team - Bringing Together Location and CultureBy A M. Ebbels, D Pratt
The current commodities super-cycle has seen an explosion in the number of mining projects demanding human resources throughout the world. The demand for key personnel currently far outweighs the inte
May 24, 2012
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Real Option Value OptimisationBy J Gould, T Elkington
Mine operation strategies are commonly optimised with a net present value (NPV) maximisation objective. There are well known properties of a typical mining project optimised for NPV, including high pr
May 24, 2012
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Now, this is the Time for Mining Companies to Choose - Real Option Valuation or Discount Cash FlowBy S Shafiee, N Abbate
The evaluation of mining projects requires a methodology that will give flexibility and manage the existing uncertainty within the projects. The discount cash flow (DCF) and other traditional evaluati
May 24, 2012
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What Project Managers must Demand from an Economic Evaluation!By P Card
Some project managers accept unsatisfactory economic evaluation modelling because they are unaware of what constitutes good practice. They tend to leave it to the evaluation specialist or others to de
May 24, 2012
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Understanding Trends in Performance of Open Cut Mining EquipmentBy G Lumley
PlannersÆ optimism (or maybe commercial necessity) means that most mine plans use equipment rates that are rarely achieved (Lumley and Beckman, 2009). This lack of understanding of what equipment actu
May 24, 2012
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Managing Uncertainty on the Cut 8 ProjectBy G M. Jones, J Rademan
Debswana, owned by the Government of the Republic of Botswana (GRB) and De Beers in a 50:50 joint venture partnership, operates the Jwaneng diamond mine in Botswana - the most valuable diamond mine in
May 24, 2012
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How the Use of Market-Based Risk Metrics can Undervalue Good Mining Projects and Overvalue Poor OnesBy T Y. Dube
In this paper current net present value (NPV) based mine valuation techniques that take into account market and private risk are discussed and analysed. Potential pitfalls that arise from the applicat
May 24, 2012
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Benchmarking versus Test Work - How Should You Manage Process Risk?By D Jeffery, R Whittering, G Lane
Most aspects of process design are best addressed via bench scale or pilot plant scale test work. However, as experience is gained, fundamental or indicative data can provide more than adequate inform
May 24, 2012
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The Application of Value Engineering Principles to Mining StudiesBy T Schrimpf, I Bryan
The life cycle of a mining project begins with initial regional exploration and ends with mine closure and rehabilitation. Between resource definition and the commencement of mine construction is the
May 24, 2012
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Using Independent System Simulation to Mitigate Risk in the Dalrymple Bay Coal ChainBy B Olsson, B Reynolds, R Norman
An unprecedented growth in demand for coal exports has placed pressure on multi-user coal chains to guarantee that their capacity expansion projects will meet the required demand. These projects, howe
May 24, 2012
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An Innovative Approach to Robust Optimisation for Scenario-Based Mineral Project EvaluationBy S Coward, J Vann, R Wolff, S Jackson, S Moayer, A Bye
Uncertainty about the future and orebody should significantly impact evaluation of mining projects. Scenario planning, widely used in other industries, for example in the petroleum industry, can provi
May 24, 2012
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Scenario Thinking - A Powerful Tool for Strategic Planning and Evaluation of Mining Projects and OperationsBy G Nicholas, S Coward, J Vann, R Wolff, S Jackson, S Moayer, A Bye
"A new approach to mineral project evaluation is described called Scenario-Based Project Evaluation (SBPE). SBPE incorporates well established æscenario planningÆ and æscenario thinkingÆ approaches, w
May 24, 2012
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Didipio - Learning the Lessons, Adapting and Getting Ready for ProductionBy R Redden
"The Didipio Gold-Copper project in the Philippines has been a well-defined reasonably high gold grade porphyry for almost two decades. OceanaGold are now bringing the project into production in late
May 24, 2012
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Metalogenia de los depósitos auríferos del distrito de Suyo, Piura - PerúBy Italo Rodríguez
"El presente texto señala la metalogenia encontrada en el distrito de Suyo, provincia de Ayabaca, departamento de Piura. La mineralización en el distrito aurífero de Suyo se presenta en secuencias vol
May 1, 2012
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Optimización en el proceso de lixiviación de minerales con alto contenido de finos en la pila de lixiviación de La QuinuaBy William Morales Céspedes
La planta de lixiviación de La Quinua es única por su diversidad geológica de tipo de mineral, por lo que es importante la clasificación de los diferentes frentes de minado. En ese sentido, el presen
May 1, 2012
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Microbially Induced Separation Of Quartz From Hematite Using Yeast Cells And MetabolitesBy K. A. Natarajan
The utility of yeast, Saccharomyces cerevisiae, in the separation of quartz from hematite is demonstrated. Yeast cells, as well as their metabolites, functioned as flotation collectors, depressants or
May 1, 2012
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Comparison Of Low-Grade Hematite Product Characteristics In A Highpressure Grinding Roller And Jaw CrusherBy Yuexin Han
The characteristics of comminuted hematite products using a high pressure grinding roller (HPGR) and conventional jaw crusher (JC) were comparatively studied by screening, optical microscope, scanning
May 1, 2012
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Dissolubility And Surface Properties Of A Natural Sphalerite In Aqueous SolutionBy Jian Liu
The dissolubility of a natural sphalerite (ZnS) in the entire pH range was theoretically calculated, and its practical dissolution in an aqueous solution at different pH values in an inert environment
May 1, 2012