Mining Project Value Optimization
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Mining Project Value Optimization
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Author : Greg Guanlin You
language : en
Publisher: Springer Nature
Release Date : 2024-10-31
Mining Project Value Optimization written by Greg Guanlin You and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-10-31 with Technology & Engineering categories.
This book provides a holistic approach of integrated mine planning and scheduling to optimize mining projects using the discounted cash flow rate of return (DCF-ROR) method. There are nine chapters in the book. Chapter 1 is the Introduction, which provides overviews of mineral assets, minerals in Australia, mineral exploration, mining methods, and significance of valuation, optimization, and integrated mine planning. Chapter 2 is the Mineral Resources and Ore Reserves Estimation, including grade composition method, inverse distance weighting method, ordinary Kriging method and block model. Chapter 3 is the Feasibility Study that delves into three phased feasibility study, namely scoping, prefeasibility and feasibility studies, data requirements, risk identification and mitigation in the feasibility study, and mining project cost estimation. Chapter 4 is the Valuation of Mineral Projects. It starts with the time value of money; followed by methods to calculate cash flow, discounted cash flow (DCF), net present value (NPV), internal rate of return (IRR) and payback period; valuation methods, including market-, income-, and cost-based approaches; and finally the sensitivity study of key factors influencing the valuation of mining projects. Chapter 5 is the Mine Planning and Open Pit Optimization that covers different types of mine planning, block model valuation, Lerchs-Grossmann and floating cone techniques for pit optimization. Chapter 6 is the Life of Mine Optimization that details a case study of strip mining optimization using the DCF-ROR method and integrated LOM optimization of open pit mining. Chapter 7 is the Production Schedule Optimization of Surface Mining, covering production schedule optimization, equipment availability and utilization, and loading and hauling equipment match optimization. Chapter 8 is the Optimization of Underground Mine Planning and Scheduling that delves to a case study of room and pillar mining optimization using the DCF-ROR method and mathematical programs for underground stope layout and production schedule optimization. Chapter 9 is the Conclusion of the book. The book can benefit students and professionals in multiple ways. Firstly, divisions and confusions may arise from different contexts of technical frameworks, taxation, and relevant legislations in literature. Having quality contents in one book will improve the efficiency of study. Secondly, the inclusion of plentiful hands-on examples and calculation tables underscores the practical application of the concepts, bridging the gap between theoretical knowledge and real-world scenarios. Thirdly, the book adopts an integrated approach to evaluate and optimize mineral projects, utilizing methodologies such as DCF-ROR for optimization, ordinary Kriging for ore reserve estimation, and multi-level optimization including strategic planning, pit optimization, life of mine optimization, and production schedule optimization. Finally, the content is fully aligned with internationally recognized standards such as the VALMIN and JORC codes, ensuring compliance with industry best practices and guidelines.
Proceedings Of Iac Mem 2016 In Budapest
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Author : group of authors
language : en
Publisher: Czech Institute of Academic Education z.s.
Release Date : 2016-07-01
Proceedings Of Iac Mem 2016 In Budapest written by group of authors and has been published by Czech Institute of Academic Education z.s. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-01 with Business & Economics categories.
International Academic Conference on Management, Economics and Marketing in Budapest, Hungary 2016 (IAC-MEM 2016), Friday - Saturday, July 8 - 9, 2016
Sustainable And Innovative Mining Practices
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Author : Amit Kumar Gorai
language : en
Publisher: Springer Nature
Release Date : 2024-11-16
Sustainable And Innovative Mining Practices written by Amit Kumar Gorai and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-16 with Technology & Engineering categories.
Sustainable mining is need of hour to fulfil the increasing energy demand of the country and at the same time reduction in rate of carbon emission at utmost priority. Any mining project has significant health, safety, and environmental issues and thus sustainable solutions for all these issues need to be addressed. Currently, the mining practitioners, and industry bodies facing multiple challenges before to maintain the requirement of energy demand of the country and address of the environmental issues through sustainable and innovative mining practices. This book covers the latest advancement in the process, technology, equipment, etc for adopting sustainable mining practices. It will offer an adequate resource to all the mining and associated academicians and industry professionals to gain the knowledge of latest tools and solutions for sustainable mining. The proposed book will be chaptered based on the themes like Environmental Monitoring & Management., Safety & health, operations & planning, automation & digitalization, waste management, and new tools and technologies for sustainable mining. Many case studies of different types of mines will be demonstrated to know the actual practice of the mine and their typical solutions.
Mining Goes Digital
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Author : Christoph Mueller
language : en
Publisher: CRC Press
Release Date : 2019-05-22
Mining Goes Digital written by Christoph Mueller and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-22 with Technology & Engineering categories.
The conferences on ‘Applications for Computers and Operations Research in the Minerals Industry’ (APCOM) initially focused on the optimization of geostatistics and resource estimation. Several standard methods used in these fields were presented in the early days of APCOM. While geostatistics remains an important part, information technology has emerged, and nowadays APCOM not only focuses on geostatistics and resource estimation, but has broadened its horizon to Information and Communication Technology (ICT) in the mineral industry. Mining Goes Digital is a collection of 90 high quality, peer reviewed papers covering recent ICT-related developments in: - Geostatistics and Resource Estimation - Mine Planning - Scheduling and Dispatch - Mine Safety and Mine Operation - Internet of Things, Robotics - Emerging Technologies - Synergies from other industries - General aspects of Digital Transformation in Mining Mining Goes Digital will be of interest to professionals and academics involved or interested in the above-mentioned areas.
Mining Goes Digital
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Author : Christoph Mueller
language : en
Publisher: CRC Press
Release Date : 2019-05-22
Mining Goes Digital written by Christoph Mueller and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-22 with Technology & Engineering categories.
The conferences on ‘Applications for Computers and Operations Research in the Minerals Industry’ (APCOM) initially focused on the optimization of geostatistics and resource estimation. Several standard methods used in these fields were presented in the early days of APCOM. While geostatistics remains an important part, information technology has emerged, and nowadays APCOM not only focuses on geostatistics and resource estimation, but has broadened its horizon to Information and Communication Technology (ICT) in the mineral industry. Mining Goes Digital is a collection of 90 high quality, peer reviewed papers covering recent ICT-related developments in: - Geostatistics and Resource Estimation - Mine Planning - Scheduling and Dispatch - Mine Safety and Mine Operation - Internet of Things, Robotics - Emerging Technologies - Synergies from other industries - General aspects of Digital Transformation in Mining Mining Goes Digital will be of interest to professionals and academics involved or interested in the above-mentioned areas.
Advanced Analytics In Mining Engineering
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Author : Ali Soofastaei
language : en
Publisher: Springer Nature
Release Date : 2022-02-23
Advanced Analytics In Mining Engineering written by Ali Soofastaei and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-23 with Business & Economics categories.
In this book, Dr. Soofastaei and his colleagues reveal how all mining managers can effectively deploy advanced analytics in their day-to-day operations- one business decision at a time. Most mining companies have a massive amount of data at their disposal. However, they cannot use the stored data in any meaningful way. The powerful new business tool-advanced analytics enables many mining companies to aggressively leverage their data in key business decisions and processes with impressive results. From statistical analysis to machine learning and artificial intelligence, the authors show how many analytical tools can improve decisions about everything in the mine value chain, from exploration to marketing. Combining the science of advanced analytics with the mining industrial business solutions, introduce the “Advanced Analytics in Mining Engineering Book” as a practical road map and tools for unleashing the potential buried in your company’s data. The book is aimed at providing mining executives, managers, and research and development teams with an understanding of the business value and applicability of different analytic approaches and helping data analytics leads by giving them a business framework in which to assess the value, cost, and risk of potential analytical solutions. In addition, the book will provide the next generation of miners – undergraduate and graduate IT and mining engineering students – with an understanding of data analytics applied to the mining industry. By providing a book with chapters structured in line with the mining value chain, we will provide a clear, enterprise-level view of where and how advanced data analytics can best be applied. This book highlights the potential to interconnect activities in the mining enterprise better. Furthermore, the book explores the opportunities for optimization and increased productivity offered by better interoperability along the mining value chain – in line with the emerging vision of creating a digital mine with much-enhanced capabilities for modeling, simulation, and the use of digital twins – in line with leading “digital” industries.
Advances In Manufacturing Production Management And Process Control
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Author : Stefan Trzcielinski
language : en
Publisher: Springer Nature
Release Date : 2021-07-03
Advances In Manufacturing Production Management And Process Control written by Stefan Trzcielinski and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-07-03 with Technology & Engineering categories.
This book provides readers with a timely snapshot of human factors research and methods fostering a better integration of technologies and humans during the whole manufacturing cycle, giving a special emphasis to the quality and safety of the industrial environment for workers, the efficiency of the manufacturing processes itself, the quality of the final product, and its distribution to and use by the customers. It discusses timely issues relating to the automation of the manufacturing processes, and the challenges imposed by the implementation of industry 4.0, additive manufacturing and 3D printing technologies. Contributions cover a range of industrial sectors, such as the automotive, health and constructions ones, highlighting both organizational and engineering solutions fostering sustainability, globalization, customization, workers’ well-being and consumers’ satisfaction, among other issues. Based on the AHFE 2021 Conferences on Human Aspects of Advanced Manufacturing, Advanced Production Management and Process Control, and Additive Manufacturing, Modeling Systems and 3D Prototyping, held virtually on 25–29 July, 2021, from USA, this book, which merges ergonomic research and technical know-how in the field of manufacturing and product design, addresses a wide range of engineers, designers and professionals, dealing with the integration of technologies and humans in the factories of the future.
Mine Planning And Equipment Selection 2004
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Author : Monika Hardygóra
language : en
Publisher: CRC Press
Release Date : 2004-08-15
Mine Planning And Equipment Selection 2004 written by Monika Hardygóra and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-15 with Technology & Engineering categories.
Spearheading the promotion of international technology transfer in the fields of mine planning, mining systems design, equipment selection and operation techniques, the International Symposium on Mine Planning and Equipment Selection is recognised by the mining society as a key annual event in highlighting developments within the field. Here in this volume, proceedings from the thirteenth annual symposium concentrate on the following major topics: * open pit and underground mine planning, modelling and design * geomechanics * mining and processing methods * design, monitoring and maintenance of mine equipment * simulation, optimalization and control of technological processes * management, mine economics and financial analysis * health, safety and environmental protection. Including 147 papers from leading experts and authorities, Mine Planning and Equipment Selection undoubtedly provides valuable information and insight for a range of engineers, scientists, researchers and consultants involved in the planning, design and operation of underground and surface mines.
Optimization Techniques And Their Applications To Mine Systems
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Author : Amit Kumar Gorai
language : en
Publisher: CRC Press
Release Date : 2022-09-30
Optimization Techniques And Their Applications To Mine Systems written by Amit Kumar Gorai and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-30 with Technology & Engineering categories.
This book describes the fundamental and theoretical concepts of optimization algorithms in a systematic manner, along with their potential applications and implementation strategies in mining engineering. It explains basics of systems engineering, linear programming, and integer linear programming, transportation and assignment algorithms, network analysis, dynamic programming, queuing theory and their applications to mine systems. Reliability analysis of mine systems, inventory management in mines, and applications of non-linear optimization in mines are discussed as well. All the optimization algorithms are explained with suitable examples and numerical problems in each of the chapters. Features include: • Integrates operations research, reliability, and novel computerized technologies in single volume, with a modern vision of continuous improvement of mining systems. • Systematically reviews optimization methods and algorithms applied to mining systems including reliability analysis. • Gives out software-based solutions such as MATLAB®, AMPL, LINDO for the optimization problems. • All discussed algorithms are supported by examples in each chapter. • Includes case studies for performance improvement of the mine systems. This book is aimed primarily at professionals, graduate students, and researchers in mining engineering.
Mine Planning And Equipment Selection
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Author : Carsten Drebenstedt
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-10-16
Mine Planning And Equipment Selection written by Carsten Drebenstedt and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-10-16 with Technology & Engineering categories.
This edited volume includes all papers presented at the 22nd International Conference on Mine Planning and Equipment Selection (MPES), Dresden, Germany, 2013. Mineral Resources are needed for almost all processes of modern life, whilst the mining industry is facing strict requirements regarding efficiency and sustainability. The research papers in this volume deal with the latest developments and research results in the fields of mining, machinery, automatization and environment protection.