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By A. J. Dickson, A. M. Starfield

This paper reviews the progress made to date in the development of computer models of heat and moisture transfer from rock surfaces to the ventilating air in deep-level mines. The application of these programs to ventilation planning and design is discussed.

Jan 1, 2014

By F. H. Touwen, N. C. Joughin

"Simulation is a technique for studying the operation of systems by synthetic experimentation. With digital computers it is possible to simulate even the complex production processes in gold mining. This has great potential in that it enables the investigation, analysis and comparison of mining systems to be done accurately, rapidly and at low cost. Two programs have been developed to simulate the principal underground production processes in gold mining.These are the simulation of any stope contract and the simulation of underground transport operations. The programs synthesize these mining activities from a large number of small unit operations. The stope contract program simulates rockbreaking by drilling and blasting and the cleaning of the panels by face and gully scraping. The transport program simulates the functions and movements of all vehicles running on rails on one underground level. The simulation programs provide an effective means for experimenting with mining activities."

Jan 1, 2014

By M. Kumral, S. Hmoud

Optimising the configuration of infill drill holes is an important step during mineral exploration campaigns. However, this optimisation process encompassing all possible drilling configurations within a mineral deposit is highly combinatorial and hard to solve in a reasonable time. This paper proposes using spatial clustering algorithms to divide the orebody into contiguous zones and target the best zones with infill drilling in order to reduce the size of this optimisation problem. Several clustering algorithms are assessed in a spatial context on hypothetical datasets. This evaluation shows that the hierarchical density-based spatial clustering application with noise (HDBSCAN) algorithm can be used in combination with the uniform manifold approximation and projection (UMAP) dimensionality reduction algorithm to identify contiguous zones in the orebody.

Sep 1, 2021

By S. Nana, M. B. Cortie

Duplex stainless steels containing high levels of manganese and copper and lower-than-normal levels of nickel were produced and evaluated. The experimental alloys containing 3 per cent copper by mass could not be successfully hot-rolled. Alloys containing less than 2 per cent copper could be hot- and cold-rolled without difficulty. The wrought experimental alloys that contained copper were found to offer some advantages over the 2205- type duplex stainless steel in sulphuric acid at 52°C. Resistance to pitting attack was governed primarily by the chromium, molybdenum, and nitrogen contents, and one of the experimental alloys was superior to the 2205-type alloy in the ferric chloride test. It is concluded that manganese is a useful substitute for nickel in duplex alloys, but that further work is required before the present alloys, or variations of them, could be commercially viable.

Jan 1, 1993

By J. le Grange, M. Tullmin, A. Strauss, F. P. A. Robinson, C. A. O. Henning

An experimental feritic stainless steel with a chromium content of 40 per cent was welded by laser and electron beam (EB) welding processes. These techniques were found to be particularly suited to the welding of this alloy in that the impact toughness of the weld metal and heat-affected zone (HAZ) of the laser welds compared favourably with those of the parent aloy. When the EB process was used, the impact toughness of the weld metal was over 180 J/cm2. Grain growth in the HAZ was minimal for welding with these two processes. Corosion tests, conducted in a solution consisting of 20 per cent sulphuric acid and 100 p.p.m. of potassium thiocyanate, and In a highly corrosive industrial solution, indicated that the laser and EB welds were free of sensitization effects, thus confirming the metalographic results.

Jan 1, 1989

By P. A. Laxen, P. J. van Staden

In situ leaching tests with thiourea as the lixiviant were caried out in two worked-out stopes at the No. 6 shaft at Rand Leases Gold Mining Company. Dissolution rates of 0,9 and 0,7 9 of gold per week per 100 m2 of footwal area were achieved. A major disadvantage of the method seems to be the slow rate of dissolution of the gold, which is probably caused by poor contact and slow mass transfer between the lixiviant and the gold surfaces. Under full-scale application, the loss of lixiviant by leakage could also be a very important factor. Furthermore, the oxidation products of thiourea may 'poison' the activated carbon that is used for the recovery of the gold. The method may therefore be economically viable only in stopes that contain high values of residual gold.

Jan 1, 1989

By D. R. Arnold

Discussion of the above paper by D. R. ARNOLDt This paper is the result of an excellent piece of work performed as a service to hyUrometallurgy in general and to the South African uranium industry in particular, and the authors are to be congratulated, Authors' reply Dr Arnold is correct in saying that the present Senbrix resins, which are based on the experimental heavy resins first developed at the National Institute for Metallurgy (NIM), need not necessarily show the same poor performance with respect to cobalt poisoning as the NIM prototypes. Oceanology International The next 01 World Conference is to be held Brighton, England, from 2nd to 7th March, 1980. The programme will concern technical advances in the offshore oil and gas industries, and is expected to include 140 papers from 20 countries.

Jan 1, 1979

By J. R. Percival, L. Ip, M. D. Piggott, S. J. Neethling

Component wear due to particle-laden flow is a significant challenge in the minerals processing industry in the handling and transportation of abrasive mineral slurries. Studying wear through experimentation is time-consuming and expensive; therefore possessing the ability to accurately simulate, understand and predict wear in these complex environments is highly desirable. The ability to predict wear is important in both the design of equipment in order to maximise the performance over the wear life of the components, as well in minimising potentially costly and dangerous failures and unscheduled maintenance.. Particle-induced wear is a complex problem, requring an understanding of coupled fluid-solid motion, geometry deformation in response to fluid-solid behaviour, moving geometries and wear modelling. Although the literature demonstrates that rebounding particles and changes to surface profiles can have a significant effect on subsequent wear rates and patterns, the challenge of implementing a model to account for this effect in complex geometries has been addressed by only a few authors in the literature. This paper describes a new wear simulator, leveraging fluidity, an open-source, massively parallel, finite element based CFD simulator capable of unstructured adaptive meshing. The wear simulator includes the ability to model particle-laden flow using representative Lagrangian particles and dynamic remeshing of geometry in response to wear and component movement. These capabilities are demonstrated using wear and the associated dynamically deforming boundaries within a Coriolis tester arm, with the results comparing favourably with the experimentally observed wear patterns. Keywords: CFD, wear, two-phase flows, anisotropic mesh adaptivity, boundary deformation

Jan 1, 2020

By P. G. Kovalchik

Overexposure to noise remains a widespread, serious health hazard in the US mining and other industries despite 25 years of regulation. Most categories of illnesses and injuries associated with mining have improved, with the exception of hearing loss. The drilling of rock in a confined work environment contributes to high levels of noise exposure in mining. The National Institute for Occupational Safety and Health (NIOSH) is conducting research to reduce the noise exposures of jackleg drill operators and to prevent additional cases of noise induced hearing loss (NIHL) by developing and evaluating low-cost retrofit noise controls for equipment. This report describes the procedure for the measurement and reporting of noise from portable pneumatic tools such as jackleg drills. The technique used in this research allows for the determination of the source A-weighted sound power levels and the radiation patterns in octave and 1/3 octave bands. Overall sound power level is also determined. This paper also reports the results obtained by using this procedure to evaluate a SECO S215 standard production drill and a CSIR Miningtek prototype rock drill incorporating engineering noise control measures. It was found that by using the manufacture?s recommended operating pressure of 496 kPa (72 psi) that the CSIR prototype?s sound power was 10 dB(A) less then that of the SECO S215.

Jan 1, 2009

By C. Zangerl, K. F. Evans, S. Loew

ABSTRACT: Settlements above fractured crystalline rock masses are rarely observed and in the past, geotechnical engineers would not expect substantial subsidence to occur in association with a deep tunnelling project. However, recent high precision levelling measurements along the Gotthard pass road in central Switzerland, have revealed up to 12 cm of subsidence along sections that pass several hundred metres above the Gotthard highway tunnel. Large-scale consolidation resulting from tunnel drainage and pore pressure changes in the rock mass are believed to be the contributing mechanism. This paper presents results from an extensive numerical modelling study focussing on the processes responsible for this subsidence. Results derived from 2-D discontinuum (i.e. distinct-element) and continuum (i.e. finite-element) modelling show that both discrete fracture deformation (i.e. fracture closure and shear) and poro-elastic consolidation of the intact rock matrix equally contribute to the observed magnitudes and shape of the surface subsidence trough. RÉSUMÉ: Des tassements aux dessus de massifs cristallins sont rarement observés et par le passé les géotechniciens ne prévoyait pas de subsidence significative associée avec des projets de tunnel profond. Cependant, de récentes campagnes de nivellement haute précision le long de la route du Col du Gotthard (Suisse centrale), ont mis en évidence des subsidences atteignant 12 cm sur des sections passant plusieurs centaines de mètres au-dessus du tunnel routier du Gotthard. Le mécanisme invoqué pour expliquer ce phénomène est la consolidation à grande échelle due au drainage du tunnel et aux variations de pression de pore dans le massif rocheux. Cet article présente les résultats d’une modélisation numérique intensive mettant l’accent sur les processus responsables pour la subsidence. Ces résultats obtenus grâce à des modèles 2-D discontinus (p. ex. éléments distincts) et continus (p. ex. éléments finis) montrent que la déformation sur des fractures discrètes (fermeture de fractures, cisaillement) ainsi que la consolidation poro-élastique de la roche intacte contribuent également aux magnitudes et aux géométries de subsidence observée en surface. ZUSAMMENFASSUNG: Beachtliche Oberflächensenkungen in einem kristallinen Gebirge, deren Ursache im Vortrieb eines mehrere hundert Meter tiefgelegenen Tunnels liegt, wurden bisher nicht erwartet und beobachtet. Dennoch wurden nach dem Bau des Gotthardstrassentunnels, entlang der Gotthardpassstrasse Oberflächensenkungen mit einem Maximalbetrag von 12 cm bei der Auswertung von Präzisions-Nivellements entdeckt. Dieser Maximalbetrag wurde in einem granitischen Gneis gemessen. Die örtliche Übereinstimmung zwischen dem maximalem Senkungsbetrag und dem maximalem Wasserzufluss zum Tunnel, und die zeitliche Abfolge von Tunnelbau und auftretenden Oberflächensenkungen lassen hydromechanisch gekoppelte Prozesse als Ursache dieser Gebirgsverformungen vermuten. In dieser Arbeit werden die Ergebnisse ausgedehnter prozessorientierter numerischer Simulationen präsentiert. Resultate aus den 2-D Diskontinuum (d.h. distinct-element) und Kontinuum (d.h. finite element) Simulationen zeigen, dass beide Verformungsmechanismen, d.h. an diskreten Brüchen und der intakten Gesteinsmatrix, gleichbedeutend für die beobachteten Senkungsbeträge und der Form des Setzungstroges verantwortlich sind.

Jan 1, 2003

Newmont is one of the few remaining large mining companies that was established in the early nineteen hundreds. The company has a long, colourful and enviable history. This paper provides highlights of Newmont?s business and technical history since its inception in 1916, its transition to a ?gold only? company in the early 1990s and progress since that time up until the present day. Details of Newmonts current gold operations and its gold production profile for 2008 are also provided in the paper Over the last 50 years Newmont has developed a host of innovative gold technologies to meet the challenges of treating the complex refractory gold ores, found at the company owned mines in the Carlin region and around the world. Details of the technologies are provided and they include chlorination, roasting, bacterial and pressure leaching, leaching gold with thiosulphate and thiocyanate, N2Tech flotation, HPGR treatment of hard and abrasive ores and, finally, the use of Hydro-Jex technology for improving gold recovery from heaps.

Jan 1, 2009

By J. Ning, T. Bu, J-Q. Jiang, L. Jiang

"In coal mining in China, the cutting height of the shearer in longwall faces is increasing. Owing to the increase of extraction height, the caved roof strata area is enlarged, and new issues are being encountered, such as determination of a suitable working resistance for the shield and control of the roof. Through field observation and theoretical analysis of the first longwall face with a height of 6.0 m in the Bayangaole mine, a three-stage structural model was developed. Stage I is defined as the period in which the lower immediate roof (LIR) caves into the goaf and is broken into irregular shapes of various sizes. Stage II is defined as the period in which the upper immediate roof (UIR) breaks and impacts the LIR. In stage III, the main roof breaks into blocks and then impacts the UIR. With respect to these three stages, a suitable method was identified for calculating the working resistance of the shield support for a super-great mining height longwall face (SGMHLW). Introduction and backgroundThe coal seams in the Shendong coalfield, located in the northwest of China, are characterized by low dips and large thicknesses and are thus suited for full thickness extraction. Since the mid-1990s, the Shendong coalfield has been developed into one of the largest in the world (Ning, Liu, and Tan. 2014; Ning et al., 2017). Recent developments in mining equipment have made it possible extract entire seams up to 5.0 m thick in a single cut. This method, termed the ‘super-great mining height longwall face’ (SGMHLW) method, has been widely adopted in the Shendong coalfield (Table I) (Ju and Xu, 2013; Peng, Li, and Zhou 2015; Zhang, Fan, and Ma 2011). According to some studies, sudden support-closure incidents often occur when using the SGMHLW method. The key to solving this engineering issue is to have a clear understanding of the structural characteristics and movement laws of the overlying strata. For instance, the load on the supports is related to the movement of the roof stratum as a response to the mining activities."

Nov 1, 2018

By L. I. Boshoff, S. Gracie

This paper discusses pilot and laboratory-scale metallurgical test work conducted on bulk samples from a low grade heavy mineral deposit and provides an overview of basic practical metallurgical techniques applied to ascertain the suitability of existing production plants to process material from this orebody. Previous investigations have shown this specific orebody to be more challenging in terms of mineral beneficiation as it has a high gangue mineral content. Test work was conducted on targeted stratigraphic units based on lithology and assay results to enable identification of the stratigraphic units portraying quality issues. Unit specific metallurgical pilot work has never been conducted on any of the RBM orebodies and is a new field currently being explored. During this investigation focus was placed on potential quality and yield issues for ilmenite product, with particular reference to CaO quality. A basic evaluation of zircon and rutile separability was also conducted. The test work was conducted using a comparative baseline methodology with metallurgical test work methods specifically aiming at mimicking the existing production plant as closely as possible. This enabled not only the likely metallurgical performance to be assessed but also indicated whether current plant design would be suitable to process the low grade ore types into products of acceptable quality at acceptable yields. The methods and findings discussed in this paper indicate that although there is considerable variation between different units, a blended feed can be successfully processed. With unit specific metallurgical data applied to the existing geological block model, expected yields and recoveries using current plant designs could be predicted.

Jan 1, 2007

By L. Gunnewiek

An advanced real-time monitoring system called the tapblock diagnostic system (TDS) has been developed. The purpose of the TDS is to help furnace operators manage the safe operation and economical maintenance of furnace tapblocks. This system is an evolution of the current practice of using historical records and operator interpretation to assess the ?health? of a tapblock. The main parameters affecting tapblock health are heat removal capacity and refractory wear, and these are currently difficult to assess in situ except in a global way. By using monitored and operating data together with predictive numerical modelling and multivariate statistical methods, real-time tapblock performance is assessed relative to expected performance. A state indicator in the form of a green, yellow, and red light is used by furnace operators to monitor the tapblock performance and health status during operation. Access to historical operating data and the provision of diagnostic functions allow for probable health degradation events to be deeply investigated. A recent opportunity to evaluate the actual performance of a first generation TDS installed in the KIVCET furnace at Teck Cominco?s Trail Operations showed that a reasonable estimate of tapblock health was made. However, the evaluation also found that some areas of refractory wear were missed, and a new mechanism affecting refractory wear was discovered that was not previously known. This has reinforced the belief that there is a need to develop improved methods of monitoring so that data used to define the health of the tapblock is more comprehensive and accurate.

Jan 1, 2008

By J. W. Drelich, H. Zeng, L. Xie, X. Cui, Z. Gao, M. Tian, Y. Hu, W. Hu, W. Sun

Flotation is a mineral separation technology that uses the surface hydrophobic difference of valuable minerals and their associated gangue minerals to separate them. The flotation collector adsorbs on the valuable mineral surface to improve its hydrophobicity, and metal ions are usually used as activators to enhance the collector adsorption. Different mineral surfaces show different charging properties and adsorption behaviours with the collector or metal ions. Moreover, the order of adding metal ions and the collector also show significant and different flotation performance for the same mineral. The adsorption or flotation behaviour or both are governed by mineral surface chemistry, such as surface charging and reactivity. In our recent studies, force measurement using atomic force microscopy (AFM) was employed to study the surface charging and adsorption mechanism of metal ions and collectors. By preparing collector-functionalised AFM tips, AFM can directly measure the adsorption strength of the collector on the mineral surface to determine the anisotropy of mineral surface reactivity. The preparation of collector-functionalised AFM tips provides the foundation for further study of the activation role of metal ion in the collector adsorption. The application of AFM for force measurement in the surface chemistry of mineral flotation can provide important information on developing flotation reagents and lays the foundation for the specific regulation of mineral surface characteristics. Keywords: Scheelite; flotation; surface chemistry; AFM force measurement

Jan 1, 2020

By D. Govender

Theoretical flotation models suggest that there is a positive relationship between bubble-particle collision rates and turbulent kinetic energy dissipation. Fine particle flotation performance is generally enhanced by increased collision frequency and hence higher energy dissipation. Contrarily, increased turbulence in the rotor-stator region is related to higher detachment frequency of the coarser size range. Therefore, the optimal modes of recovery for the ?fine? and ?coarse? size classes appear to be diametrically opposed. Industrial applications have previously confirmed that applying greater power to flotation slurries yields significant improvements in fine particle recovery. However, recovery of the coarser size class favours a different flotation environment. An improvement in the flotation kinetics of the fine and coarse size classes, provided there is no adverse metallurgical influence on the intermediate size ranges, is obviously beneficial to the overall recovery response. Managing the local turbulent kinetic energy dissipation, and hence the power imparted to the slurry, offers the benefit of targeting the particle size ranges exhibiting slower kinetics. FLSmidth recently introduced the practical implementation of this concept. In principle, it decouples flotation regimes where fine and coarse particles exhibit preferentially recovery. In the case of naturally aspirated machines (Wemco®), it is referred to as Hybrid Energy Flotation? and incorporates at least three phases: ? Standard flotation machines (standard energy input, rotor speed (r/min), rotor size/type) at the beginning of the row, where flotation is typically froth-phase limited and operational and set-up parameters have a limited influence on the recovery ? Higher-powered flotation machines (high rotor speed, high-power rotor size/type) at the end of the row to improve fine particle recovery ? Lower-powered flotation machines (low rotor speed, low power rotor size/type) to enhance coarse particle recovery. A CFD-based flotation model is used to highlight the effect of turbulent dissipation energy on attachment and detachment rates. Preferential collection zones for ?fine? and ?coarse? particles are predicted for both forced-air and naturally aspirated machines. The greater predominance of UG2 ore types, coupled with the skewed feed distribution of platinum group metals (PGMs) to the finer size fractions, suggests that PGM flotation circuits are not designed for optimal recovery across the size distribution. The application of the hybrid energy concept to PGM flotation offers a possible shift towards a more efficient flotation circuit solution through a managed distribution of energy.

Jan 1, 2012

By Phil Morriss

During the last 12 months, Sandvik?s Technical Service Group has carried out nine Scoping and Pre-feasibility studies for the application of In-pit crushing and conveying (IPCC) for large mining companies; the majority in conjunction with the Snowden Consulting Group. During these studies several key and recurring drivers have been identified: 1. Mining schedule issues ? there are several issues which crop up repeatedly, including: ?the unnecessary curvature of pit walls, ?very high rates of vertical advance which are (created by schedule optimisers to minimise stripping at all times) which are at the limit of what can be realistically achieved (and which of course make it harder for IPCC to achieve any impact), and ?The allocation of material to semi-mobile systems to maximise the ability for IPCC to be an effective alternative. 2. IPCC productivity issues ? the key issues are the IPCC system operating hours achievable, and the system throughput (both instantaneous and the average). 3. IPCC Risk issues ? there are perceptions about the risks associated with the use of IPCC which are a mix of reality and fiction, but which nonetheless create negativity towards the use of IPCC. In this paper, the authors wish to address specifically the factors affecting the IPCC productivity.

Jan 1, 2008

By Franz E. Pawlek

Synopsis This is a summary of investigations in the field of pressure leaching carried out at the Institute for Extractive Metallurgy of the Technical University of Berlin-West during the last seven years. The efficient dispersion of gas in a liquid and its dissolutions as well as the events at the phase boundary when leaching ZnS are reported. At the end two examples are given for the use of pressure leaching in the processing of smelter by-products. INTRODUCTION About 20 years ago, experiments were independently started in Canada and in Berlin on the subject of dissolving sulfidic ores without preliminary treatment by means of leaching under increased oxygen pressure. In Canada ammoniacal solutions were mainly employed, and F. A. Forward and his co-workers were successful in applying this process on a large industrial scale1, 2. This process is used in Fort Saskatchewan to produce about 15,000 tons of Ni per year. In Berlin, investigations were started on leaching with acid solutions3, 4. This process had also been used on a large industrial scale in the D.S.A., but the choice of unfavourable working conditions led to great difficulties, and to giving up this process for industrial use. Later on in Berlin work was carried out especially on the kinetics of pressure leaching 5, 6, 7, 8, 9 and its applications to the processing of smelter by-products, in particular of mattes and speisses10, 11, 12, 13, 14. The dissolution of ores and by-products can be subdivided into four steps: 1. the efficient dispersion of the gas, so that its dissolution occurs over as great a surface area as possible, since only the dissolved oxygen reacts with the solid, 2. the suspension of the solid, so that the entire surface can take part in the reaction, 3. the phase boundary reaction, 4. the removal of the reaction products. The first two steps belong to the field of process engineering and will be discussed from this point of view. The aim of these experiments15 was to find out first of all the limits of efficiency of self-sucking stirrers in solutions of low viscosity with regard to the mass transfer. In addition, the effect of ultrasonics in the same reaction system was studied. The experiments were carried out in a lucite container as shown in Fig. 1. Four baffles of 0.1 d width were in the stirring vessel. The height of these baffles was adjustable. For every experiment one litre of liquid was used. An infinitely variable direct current motor, which was fixed with a hollow shaft, served as the driving power for the stirrer.

The April General Meeting of the Institute was held in Kelvin House, Johannesburg, on 15th April, 1970, at 4.30 p.m. Mr J. K. E. Douglas (President) was in the chair. There were also present eight Fellows: Dr J. M. Bereza, H. Britten, R. C. J. Goode, C. E. Mavrocordatos, P. W. J. van Rensburg (Council Members), C. A. Border, D. E. French and S. D. Hill. Four Members, J. A. Boyd, P. Crawshaw, D. P. Hugo and A. H. Munro. Two Associates, including I. Robinson. Eleven Visitors, including A. B. Gould, P. M. Haupt, B. Needleman and A. F. Wentzel. Secretary, D. C. Visser. Total Present, 27. OBITUARIES The President: "It is my sad duty to announce the death of the following: Leslie Richard Ulyate, Fellow, who joined the Institute in 1939 and passed away on 10th March, 1970. Stanley Sterling, Fellow, and Corresponding Member for Canada, who joined the Institute in 1926 and passed away on 25th March, 1970. As a mark of respect to the memory of the deceased and in sympathy with the bereaved I would ask you all to rise and observe a few moments' silence." MINUTES The President: "May we confirm the minutes of the General Meeting, held on 21st January, 1970, as published in the March, 1970, issue of the Journal?" Agreed. MEMBERSHIP The President: "I have much pleasure in announcing that the names of the undermentioned candidates, having been published in accordance with By-Law 5.2.2., Council has elected them to membership of the Institute in the following grades: Associate: Rupert George CaIcott. Students: Clive Martin Davis, William Machiel Eksteen, Cecil John Tainton. From Student to Member: Dirk Johannes Hugo. "I welcome the newly-elected members to the Institute and congratulate the member who has been transferred to a higher grade." TALK AND FILMS The President: "Mr Ballantyne may I call on you to present your talk and films on the 'Continuous casting of steel'?" After the presentation of Mr Ballantyne's programme the President said, "Thank you very much indeed for your talk and films, Mr Ballantyne. This is a fast developing subject and we appreciate having such up-to-date information being made available to us, particularly those of us who are unable to go overseas for this purpose. We trust that you won't let the matter rest here, but will put everything down in a paper which we can publish at a later stage for the benefit of our members. Thank you once again." CONCLUSION The President: "I wish to thank members and visitors for their attendance, and now declare the meeting closed." The meeting closed at 6.10 p.m.

By C. G. Carey, M. P. Mullins

BHPBilliton is a large (US$32bn market capitalization) diversified mining group. Significant organic growth is planned through the development of a number of mining, processing and oil and gas projects, totalling some US$5.2bn over the next three years. The investment standards underpin the capital approval process, and incorporate the requirements for range and risk analysis of key input variables, including mineral resources. Public reporting codes for mineral resources and ore reserves (such as JORC) stipulate deterministic reporting of estimates, but are generally silent on any requirement for range or risk assessment, although they acknowledge the risk and uncertainty in the production of resource estimates. In contrast, public reporting of petroleum reserves allow for the use of either deterministic or probabilistic estimation, and for the latter, mandate the level of confidence required for proven versus probable reserves. Conditional simulation techniques, popular in the petroleum industry, provide an ideal tool forrange and risk assessment of the range of outcomes of key resource parameters, such as tonnagesand grades. Examples of a diamond deposit and of a porphyry copper deposit are presented. The understanding and quantification of mineral resource risk through a technique such as conditional simulation provides quantified information on the potential upside or downside. These techniques should be more widely utilized in the high-risk minerals extraction industry. Keywords: mineral resources, conditional simulation, risk, capital investment standards, BHPBilliton.

Jan 1, 2003