22 - Recoverable resources (part 1)

22 - Recoverable resources (part 1)

Geologists need to make predictions about how much can be extracted from an ore body based on limited data. What can you do to confidently report on the likely tonnage and grade? In part one of this two-part series, Senior Geostatistician at Geovariances, David Barry, and Director of Geology at Optiro Ian Glacken discuss recoverable resources and how to apply uniform conditioning.

In this episode:

1:25 What are recoverable resources?
2:34 What is the difference between recoverable and ordinary resources?
3:48 Is there a difference between recoverable resources and reserves?
4:46 What needs to happen to a recoverable resource to make it into a reserve?
7:00 What are the main techniques for recoverable resource estimation?
7:32 What is uniform conditioning?
11:16 What would a typical uniform conditioning workflow look like?
13:58 What are the key assumptions we have to make when performing uniform conditioning?
17:34 Does uniform conditioning work for underground mining?
18:26 Where can people find out more about uniform conditioning?

For more information:

Links:

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Episoder(177)

EP 178 | Inferred Resources in Mine Planning: Practice vs Reporting

EP 178 | Inferred Resources in Mine Planning: Practice vs Reporting

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EP 177 | Rethinking Grade Control: When Ordinary Kriging Isn't Enough

EP 177 | Rethinking Grade Control: When Ordinary Kriging Isn't Enough

When does ordinary kriging stop being the best approach for grade control? In this episode of Fresh Thinking, Ian Glacken, Executive Consultant, and Dr Gregory Zhang, Senior Consultant at  @SnowdenOpt...

1 Okt 18min

EP 176 | Evolving Air Quality Regulations: A Catalyst for Electric Machine Adoption

EP 176 | Evolving Air Quality Regulations: A Catalyst for Electric Machine Adoption

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EP 174 | Platinum: Is It Worth Its Weight in Gold?

EP 174 | Platinum: Is It Worth Its Weight in Gold?

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EP 173 | The Theory of Sampling: Why Every Mining Decision Begins with a Representative Sample

EP 173 | The Theory of Sampling: Why Every Mining Decision Begins with a Representative Sample

Was the sample representative? Every geological model, resource estimate, grade control decision and reconciliation result ultimately depends on the quality of the samples behind it. In this episode o...

2 Sep 8min

EP 172 | Tailings Are Not Just Relocated Ore: The Nuances of Tailings Mineral Resource Estimates

EP 172 | Tailings Are Not Just Relocated Ore: The Nuances of Tailings Mineral Resource Estimates

Tailings Mineral Resource Estimates can appear straightforward. The material has already been mined, crushed, processed and deposited in one location — but tailings facilities present their own unique...

26 Aug 13min

EP 171 | Part 2 of 2: Managing Uncertainty - How Better Grade Control Leads to Better Decisions

EP 171 | Part 2 of 2: Managing Uncertainty - How Better Grade Control Leads to Better Decisions

In Part 2 of our Fresh Thinking by @SnowdenOptiro  two-part series, host Melanie Bully is joined by Senzeni Matondi to continue the discussion on why the most expensive mistake in grade control isn't ...

19 Aug 6min

EP 175 | Why Resource & Reserve Reconciliation Matters

EP 175 | Why Resource & Reserve Reconciliation Matters

In this episode of Fresh Thinking by Snowden Optiro, Rayleen Hargreaves, Principal Consultant at Datamine and Product Owner of Reconcilor, talks with Ian Glacken, Executive Consultant at Snowden Optir...

17 Aug 21min

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