ORE - Ore Reserve Estimation
When and where
19/04/2010 until 23/04/2010
Duration: 5 days
Engineering Building, University of Ballarat, Mount Helen Campus
Course coordinator/contact
Dr Michael Tuck
Phone : 53279106
Email : m.tuck@ballarat.edu.au
Subject Coordinators
Tuck, Michael
Course Outline:
This unit covers the identification of target minerals, its exploration, sampling methods, methods of estimating tonnage and grades and reporting of resources and reserves. This unit also covers the financial evaluation of mining projects.
This unit is designed to enable students to:
Knowledge:
• understand and be able to identify the target mineral for exploration;
• understand and be able to describe the principles and applications of geophysical and geochemical exploration techniques;
• know the appropriate ways to sample various types of mineral deposits;
• understand the methods of estimating the tonnage and grade of any mineral deposit;
• understand and be able to evaluate a mining project
Skills:
• be able to identify the target minerals for exploration;
• be able to carry out an estimation of the grade and tonnage of a mineral deposit using classical and geostatistical methods;
• be able to use appropriate statistical and geostatistical tools;
• be able to carry out a simple reconciliation of period production at an operating mine;
• be able to carry out a financial evaluation of a mining project.
Values/Attitudes:
• Appreciate the legal and ethical requirements for reporting statements of mineral resources and reserves;
• Appreciate the importance of sampling techniques in an mining project;
• Experience of the necessity of team work in carrying out an ore reserve/resource information.
Key Questions:
• Why explore for certain minerals?
• How is the potential value of exploiting a mineral deposit determined?
• How are the tonnages and grades of mineral deposits estimated?
• What statistical techniques are used to quantify such estimates?
• What are the legal and ethical requirements for reporting resources and reserves?
Content:
• Identification of target minerals for exploration.
• Exploration techniques.
• Sampling of mineral deposits.
• Methods of estimating and quantifying tonnage and grade.
• Grade control and reconciliation of mine production.
• Reporting of mineral resources and reserves.
• Financial evaluation of mining projects.
Course Assesment:
Students will be given base data for a mineral deposit. Through a series of exercises students will complete the tasks required to take the project ore reserve estimation from exploration stage to final mining stages.
Special Requirements:
Payment Information:
Cost to students not enrolled in VIEPS will be $500.00. Please make payment to the School of Science and Engineering, University of Ballarat, PO Box 663, Ballarat, VIC 3353. Cheques should be made payable to the University of Ballarat
Groups:
Methodologies
Economic Geology and Metallogeny
Field Trip: : NO
Course Fees:
MCA Student: $0.00
External Student: $0.00
Industry: $500.00
