Geostatistics And Mining Processes - Introduction

Geostatistics has been applied in many mining feasibility studies throughout the world during the last decade. Recently geostatistics has begun to be applied to the field of mining processes by attempting to aid in the definition of the best mining policy. For a feasibility study the grade-tonnage relationships give a reasonable order of magnitude estimate of the ore reserves within the deposit. But the reserves that will actually be recovered, will vary depending upon the mining methods and the technical means used. The profit earning capacity of the mining project is determined by a great many factors, such as for instance: accessibility of reserves to extracting machines, the haulage distance between the mine and the mill, the variability of produced ore (tonnage and grades) which could necessitate stockpiles or blending areas?