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Recoverable Resources: Simulation

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Mineral Resource Estimation

Abstract

Local uncertainty estimates do not account for the variability from one location to another. The idea of simulation is to assess the joint uncertainty between multiple realizations allowing a more complete representation of block uncertainty and the uncertainty between multiple block locations. The tools described in this Chapter allow transferring uncertainty of the resource estimates into risk in downstream studies. These studies are mine design, mine planning, or operational optimization studies; the risk assessment is achieved after applying transfer functions to the conditional simulation models.

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Authors and Affiliations

  1. Geosystems International, Inc., Delray Beach, Florida, USA

    Mario E. Rossi

  2. University of Alberta, Edmonton, Alberta, Canada

    Clayton V. Deutsch

Authors
  1. Mario E. Rossi
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  2. Clayton V. Deutsch
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Correspondence to Mario E. Rossi .

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Rossi, M., Deutsch, C. (2014). Recoverable Resources: Simulation. In: Mineral Resource Estimation. Springer, Dordrecht. https://doi.org/10.1007/978-1-4020-5717-5_10

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