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An Introduction to Cut-Off Grade Estimation - Jean-Michel Rendu

An Introduction to Cut-Off Grade Estimation

Buch | Softcover
168 Seiten
2014 | 2nd Revised edition
Society for Mining, Metallurgy, and Exploration (Verlag)
978-0-87335-393-9 (ISBN)
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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.

This is a must-read for mine managers, analysts, geologists, mining engineers, and public policymakers who want to stay on the leading edge of their profession.

Jean-Michel (J-M) Rendu is an independent consultant supplying services to the international mining industry. J-M retired from Newmont Mining Corporation in 2001 as vice president of resources and mine planning with worldwide responsibility for corporate and mine-site mining engineering activities, and for estimation and reporting of resources and reserves. Before joining Newmont, J-M was an associate consultant with Golder Associates; an assistant professor with the University of Wisconsin-Madison; head of operations research with Anglovaal, Johannesburg, South Africa; and systems analyst with Kennecott Copper Corporation. J-M graduated from Ecole des Mines de Saint-Etienne in 1966 and obtained M.S. and Eng.Sc.D. degrees from Columbia University in the City of New York. He authored more than 50 technical papers on deposit modeling, mine engineering, estimation of resources and reserves, and U.S. and international regulatory requirements for public reporting. He is the author of An Introduction to Geostatistical Methods of Mineral Evaluation, published by the South African Institute of Mining and Metallurgy in 1978 (second edition, 1981) and An Introduction to Cut-off Grade Estimation, published by SME in 2008 (second edition, 2014).

Introduction
General Concepts
Breakeven Cut-off Grade
Capacity Constraints and Opportunity Costs
Geologic Constraints and Opportunity Costs
Cut-off Grade and Mine Planning
Which Costs Should Be Included in Cut-off Grade Calculations?
Blending Strategy

Erscheint lt. Verlag 30.1.2014
Verlagsort Colorado
Sprache englisch
Maße 152 x 229 mm
Themenwelt Technik Bergbau
ISBN-10 0-87335-393-5 / 0873353935
ISBN-13 978-0-87335-393-9 / 9780873353939
Zustand Neuware
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