Simplicity in Ore Reserve Calculation Methods

- Organization:
- The Australasian Institute of Mining and Metallurgy
- Pages:
- 8
- File Size:
- 337 KB
- Publication Date:
- Jan 1, 1979
Abstract
The accurate calculation of ore reserves is one of the most important functions under- taken at a potential or operating mine. In recent years there has been a trend towards recommending more and more complex techniques for the calculation of reserves. However these are not always necessary and many improvements could be made by the use of all potential data and a heavier geological input. An ore reserve should be the result of geological not mathe- matical or engineering reasoning. All ore reserve estimates are wrong and the important thing is to.recognise why they-are wrong and to take action to minimize the errors. Geostatistics and other complex mathematical techniques may appear to answer all our needs for ore reserve accuracy but there are many drawbacks, not least of which is the communi- cation gap which may develop between the operator and both management and production Personnel.
Citation
APA: (1979) Simplicity in Ore Reserve Calculation Methods
MLA: Simplicity in Ore Reserve Calculation Methods. The Australasian Institute of Mining and Metallurgy, 1979.