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Written by a mining professional with a strong background in technical and financial studies, risk assessment, and statistics, this book provides a detailed suite of tools so you can determine whether investing in a mining project makes sense for you. Jean-Michel Rendu provides a comprehensive guide to determine when to invest, when to demand a plan that reduces the risks, and when to just walk away.
An Introduction to Cut-off Grade Estimation examines one of the most important calculations in the mining industry. Cut-off grades are essential to determining the economic feasibility and mine life of a project. Profitability and socioeconomic impact of mining operations are influenced by the choice of cut-off grades. Cut-off grades play a key role in estimating mineral reserves that can be publicly reported. This new edition is easier to read and of greater practical interest to practitioners. The relationship between optimization of net present value, capacity constraints, and opportunity cost is explained in greater detail. A new section discusses blending strategies, which play a critical role in an increasing number of mining operations. Author Jean-Michel Rendu, an internationally recognized expert in the management, estimation, and public reporting of mineral resources, provides practical insights. As a manager in major mining companies, a consultant, and an educator, Rendu has acquired considerable experience in all aspects of mining engineering, experience that was incorporated into this publication.
An Introduction to Cut-off Grade Estimation examines one of the most important calculations in the mining industry. Cut-off grades are essential to determining the economic feasibility and mine life of a project. Increased cut-off grades can reduce political risks by ensuring higher financial returns over a shorter period of time. Conversely, lower cut-off grades may increase project life with longer economic benefits to shareowners, employees, and local communities. Cut-off grades also impact reported reserves, which are closely monitored by stock exchanges and regulatory agencies. Author Dr. Jean-Michel Rendu, an internationally recognized expert in the management, estimation, audit, and p...
Details how Newmont Mining revolutionized the gold mining industry and remains the second largest gold miner in the world Jack H. Morris asserts that Newmont is the link between early gold mining and today’s technology-driven industry. We learn how the company’s founder and several early leaders grew up in gold camps and how, in 1917, the company helped finance South Africa’s largest gold company and later owned famous gold mines in California and Colorado. In the 1960s the company developed the process to capture “invisible gold” from small distributions of the metal in large quantities of rock, thereby opening up the rich gold field at Carlin, Nevada. Modern gold mining has all t...
Complete catalogue and index of one of the largest collections of its kind of French Revolutionary and Napoleonic newspapers pamphlets and official publications covering the years 1789-1815. Over 20,000 listings are preceded by an introduction giving a history of the collection, a survey of other notable French Revolution collections, and a biographical essay on William S. Maclure. William S. Maclure (1763-1840) was a wealthy Philadelphia merchant, a radical social reformer, and our first scientific geologist. His huge collection of French Revolutionary publications is one of the greatest libraries of its kind to be formed during the period of the Revolution. Maclure bestowed the collection on the Philadelphia Academy of the Natural Sciences in 1821, and the Academy in turn gave the collection to the Historical Society of Philadelphia, In 1949 it was acquired by the University of Pennsylvania.
In response to the rising concern of the American public over illegal bombings, the Bureau of Alcohol, Tobacco, and Firearms asked the National Research Council to examine possible mechanisms for reducing this threat. The committee examined four approaches to reducing the bombing threat: addition of detection markers to explosives for pre-blast detection, addition of identification taggants to explosives for post-blast identification of bombers, possible means to render common explosive materials inert, and placing controls on explosives and their precursors. The book makes several recommendations to reduce the number of criminal bombings in this country.
Does the material being mined have enough value to be worth processing? Should it be processed immediately or stockpiled? And if multiple processes are available, like heap leaching and milling, which one should be used? A cut-off grade can provide the answers. An Introduction to Cut-off Grade Estimation examines one of the most important calculations in the mining industry. Cut-off grades are essential to determining the economic feasibility and mine life of a project. Increased cut-off grades can reduce political risks by ensuring higher financial returns over a shorter period of time. Conversely, lower cut-off grades may increase project life with longer economic benefits to shareowners, ...
Coal will continue to provide a major portion of energy requirements in the United States for at least the next several decades. It is imperative that accurate information describing the amount, location, and quality of the coal resources and reserves be available to fulfill energy needs. It is also important that the United States extract its coal resources efficiently, safely, and in an environmentally responsible manner. A renewed focus on federal support for coal-related research, coordinated across agencies and with the active participation of the states and industrial sector, is a critical element for each of these requirements. Coal focuses on the research and development needs and priorities in the areas of coal resource and reserve assessments, coal mining and processing, transportation of coal and coal products, and coal utilization.
This book provides a practical perspective of all the processes involved in estimating mineral resources and reserves, including mine-to-mill reconciliation. It provides an integrated step-by-step explanation of processes for performing each step, including insight from academic and industry practitioners. Each chapter details a specific aspect of the estimation processes in a practical manner. It contains examples and case studies to illustrate the practical application of geostatistics in mineral resource estimation, mineral reserve conversion, and reconciliation. Features Provides a step-by-step guide with over 10,000 lines of Python code for hands-on demonstration, from start to finish, ...