Risk Management in Evaluating Mineral Deposits


Book Description

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.




Mineral Deposits and Evaluation


Book Description

Mineral Deposits and Evaluation Introduction to Mineral Deposits Geological Formation of Mineral Deposits Exploration Techniques for Mineral Deposits Resource Estimation and Classification Economic Evaluation of Mineral Deposits Environmental Considerations in Mining Conclusion and Key Takeaways




Mineral Deposits and Evaluation


Book Description

Mineral Deposits and Evaluation Introduction to Mineral Deposits Geological Formation of Mineral Deposits Exploration Techniques for Mineral Deposits Resource Estimation and Classification Economic Evaluation of Mineral Deposits Environmental Considerations in Mining Conclusion and Key Takeaways




Mineral Exploration


Book Description

Mineral Exploration: Principles and Applications, Second Edition, presents an interdisciplinary approach on the full scope of mineral exploration. Everything from grass root discovery, objective base sequential exploration, mining, beneficiation, extraction, economic evaluation, policies and acts, rules and regulations, sustainability, and environmental impacts is covered. Each topic is presented using theoretical approaches that are followed by specific applications that can be used in the field. This new edition features updated references, changes to rules and regulations, and new sections on oil and gas exploration and classification, air-core drilling, and smelting and refining techniques. This book is a key resource for both academics and professionals, offering both practical and applied knowledge in mineral exploration. Offers important updates to the previous edition, including sections on the cyclical nature of mineral industry, exploration for oil and gas, CHIM-electro-geochemical survey, air-core drilling, classification of oil and gas resources, smelting, and refining technologies Presents global case studies that allow readers to quickly apply exploration concepts to real-world scenarios Includes 385 illustrations and photographs to aid the reader in understanding key procedures and applications




Minerals, Critical Minerals, and the U.S. Economy


Book Description

Minerals are part of virtually every product we use. Common examples include copper used in electrical wiring and titanium used to make airplane frames and paint pigments. The Information Age has ushered in a number of new mineral uses in a number of products including cell phones (e.g., tantalum) and liquid crystal displays (e.g., indium). For some minerals, such as the platinum group metals used to make cataytic converters in cars, there is no substitute. If the supply of any given mineral were to become restricted, consumers and sectors of the U.S. economy could be significantly affected. Risks to minerals supplies can include a sudden increase in demand or the possibility that natural ores can be exhausted or become too difficult to extract. Minerals are more vulnerable to supply restrictions if they come from a limited number of mines, mining companies, or nations. Baseline information on minerals is currently collected at the federal level, but no established methodology has existed to identify potentially critical minerals. This book develops such a methodology and suggests an enhanced federal initiative to collect and analyze the additional data needed to support this type of tool.




Risk Management Handbook


Book Description

Every day in the United States, over two million men, women, and children step onto an aircraft and place their lives in the hands of strangers. As anyone who has ever flown knows, modern flight offers unparalleled advantages in travel and freedom, but it also comes with grave responsibility and risk. For the first time in its history, the Federal Aviation Administration has put together a set of easy-to-understand guidelines and principles that will help pilots of any skill level minimize risk and maximize safety while in the air. The Risk Management Handbook offers full-color diagrams and illustrations to help students and pilots visualize the science of flight, while providing straightforward information on decision-making and the risk-management process.




Quantifying the Unknown


Book Description

"Copper, zinc, gold and silver mineralizations exist on the deep ocean floor, at great depths, on the Mid-Atlantic Ridge between Jan Mayen and Spitsbergen. None of these mineralizations within Norwegian jurisdiction have been thoroughly investigated yet, but they are likely to contain significant amounts of minerals and metals crucial to society and the 'Green Shift'. Should these mineralizations, which contain minerals and metals that you and I use every day, be developed and mined? The question is premature: we need to know more before we can answer it. We need to know more about the formation, location and characteristics of these potential deposits, as well as the environmental, social and financial consequences of potential extraction. We need to evaluate mining alternatives and how to process the extracted ore. How should we answer this question? The ultimate decisions will be determined politically, and knowledge will be the defining factor. Knowledge gained from proper mineral resource management. Quantifying the Unknown sets out to estimate the amount of minerals and metals on the deep ocean floor along the Mid-Atlantic Ridge, in particular, copper, zinc, gold and silver contained in so-called 'seafloor massive sulphide deposits'. These deposits are modern analogues of those mined worldwide on land today. The method used to quantify the amounts of these resources is known as 'play analysis'. It shares aspects of methodologies used on land for similar purposes and has been employed extensively to assess untapped petroleum resources on the Norwegian Continental Shelf. Play analysis enables a quantification of the potential as well as associated uncertainty. The potential is large, but the uncertainty is also significant. Whether and how this potential is realized remains to be seen." This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.




Handbook of Mathematical Geosciences


Book Description

This Open Access handbook published at the IAMG's 50th anniversary, presents a compilation of invited path-breaking research contributions by award-winning geoscientists who have been instrumental in shaping the IAMG. It contains 45 chapters that are categorized broadly into five parts (i) theory, (ii) general applications, (iii) exploration and resource estimation, (iv) reviews, and (v) reminiscences covering related topics like mathematical geosciences, mathematical morphology, geostatistics, fractals and multifractals, spatial statistics, multipoint geostatistics, compositional data analysis, informatics, geocomputation, numerical methods, and chaos theory in the geosciences.




Essentials of Mineral Exploration and Evaluation


Book Description

Essentials of Mineral Exploration and Evaluation offers a thorough overview of methods used in mineral exploration campaigns, evaluation, reporting and economic assessment processes. Fully illustrated to cover the state-of-the-art exploration techniques and evaluation of mineral assets being practiced globally, this up-to-date reference offers balanced coverage of the latest knowledge and current global trends in successful mineral exploration and evaluation. From mineral deposits, to remote sensing, to sampling and analysis, Essentials of Mineral Exploration and Evaluation offers an extensive look at this rapidly changing field. - Covers the complete spectrum of all aspects of ore deposits and mining them, providing a "one-stop shop" for experts and students - Presents the most up-to-date information on developments and methods in all areas of mineral exploration - Includes chapters on application of GIS, statistics, and geostatistics in mineral exploration and evaluation - Includes case studies to enhance practical application of concepts




Mineral Property Evaluation


Book Description

“Everything” sums up what must be considered for a properly documented property evaluation. Less than 30% of the projects that are developed in the minerals industry yield the return on investment that was projected from the project feasibility studies. The tools described in this handbook will greatly improve the probability of meeting your projections and minimizing project execution capital cost blowout that has become so prevalent in this industry in recent years. Mineral Property Evaluation provides guidelines to follow in performing mineral property feasibility and evaluation studies and due diligence, and in preparing proper documents for bankable presentations. It highlights the need for a consistent, systematic methodology in performing evaluation and feasibility work. The objective of a feasibility and evaluation study should be to assess the value of the undeveloped or developed mineral property and to convey these findings to the company that is considering applying technical and physical changes to bring the property into production of a mineral product. The analysis needs to determine the net present worth returned to the company for investing in these changes and to reach that decision point as early as possible and with the least amount of money spent on the evaluation study. All resources are not reserves, nor are all minerals an ore. The successful conclusion of any property evaluation depends on the development, work, and conclusions of the project team. The handbook has a diverse audience: • Professionals in the minerals industry that perform mineral property evaluations. • Companies that have mineral properties and perform mineral property feasibility studies and evaluations or are buying properties based on property evaluation. • Financial institutions, both domestic and overseas, that finance or raise capital for the minerals industry. • Consulting firms and architectural and engineering contractors that utilize mineral property feasibility studies and need standards to follow. • And probably the most important, the mining and geological engineering students and geology and economic geology students that need to learn the standards that they should follow throughout their careers.