This results in a potential range of size and grade for the deposit based on the current information. The grade tonnage curve is usually . 1 Pre-tax, based on a gold price of $1,650/oz 2 Mineral Resources use a gold price of $1,950/oz. The grade tonnage curve is usually calculated with the in-situ resources or reserves and shows . source instit. 2 1. Please use the Get access link above for information on how to access this content. The sensitivity analysis applied to the grade-tonnage relationship in mining projects is a recognized stage in all existing quality standards. Once complete, this report can be used in externally in other software applications. Type Chapter Information Rules such as the 500-meter rule used here are essential to an internally consistent assessment system where the estimated number of undiscovered deposits is consistent with the grade and tonnage model. The results of the . The curve does regard that all blocks can be mined and gives no hint about the cohesiveness of the mineralization in face of variations in the Grade tonnage curves are usually built using kriged block models. In order to avoid serious errors in calculating a grade-tonnage curve, we must be able to define clearly the relationships existing between estimates and the corresponding true values. Enter the email address you signed up with and we'll email you a reset link. Multivariate histogram Family of curves showing gross revenue of US $50 X 106 to 1000 X 106 over a life-of-mine for deposits containing up to 30 X 106 t ore and less than 2 kg/t U308. Deposit grade and tonnage have a significant inverse cor relation. Inverse distance grade estimation. grade-tonnage curve: use and misuse in ore-reserve estimation author david m ec. GradeTonnageCurve_HowFarCanItBeReliedUpon - Free download as PDF File (.pdf), Text File (.txt) or read online for free. 8 shows the grade-tonnage curve of Choghart north anomaly iron ore . It has been applied in financial analysis of the ore bodies providing an indication of the proportions (tonnages) and the grade at a range of different cut-off grades. Grade Tonnage Curve analysis Design of Mining perimeters. Now this is the point where the grade-tonnage curve comes into play. International mining software company MineRP worked on a spin-off of a SAP HANA POC and come up with a unique invention patented as a system and method for mineral asset management, accounting and analysis. Grade-Tonnage curves are a visual representation of the impact of cut-off grades on mineral reserves. In the mining industry, from the geology and mine planning areas to management, the grade tonnage curve has been applied in economic and financial analysis probably being one of the most important tools used in determining the volume and grade of material in face of variations of the cut-off grade. 7.5m blocks yield 52% of the total tonnage above cutoff at a grade of 0.310% Cu while 15m blocks yield 56% of total tonnage above cutoff at a grade of 0.289% Cu. Table I below summarises the Adumbi indicated and inferred mineral resources based on in-situ block cut-off grade at a 0.52 g/t Au for Oxide, 0.57 g/t Au for Transition and 0.63 g/t Au for Fresh. Grade Tonnage Curve: How Far Can It Be Relied Upon? To report tonnage, the tonnes from implicit modelling can be combined with grade-tonnage curves from support analysis. From geology and mining planning to management and investment areas they are used for economic and financial analysis . Drawing grade-tonnage curves needs to finding the tonnage of different grades. Project Cut-off Grade Equation and Calculation.. Efficiently and effectively communicate findings with dynamic charts and plots, including grade contouring, a flexible plotting environment, drillhole logs, scatterplots, histograms and special chart presentation layout mode, specifically designed for use in reports. 11; Publisher: Nevada Bureau of Mines and Geology The 0.175% Cu cutoff grade is below the mean in this example. in addition, a cumulative-percent tonnage metal curve and a cumulative-percent tonnage ore curve are plotted on the same graph to show the relationship of ore to metal in the deposits.although lasky found that an inverse relationship exists for ore tonnage and grade within porphyry deposits, this does not appear to be true for metal tonnage and Abstract In order to develop long-term scenarios of copper supply and demand, a grade-tonnage density function model was developed for four major copper ore types. Ordinary kriging provides direct control on the smoothing; a small number of data in the search will lead to a histogram of estimates with little smoothing. The CIs are not symmetric around the mean curve. Applying these in multi-element deposits can be a difficult practice, as the related attributes using the traditional co-simulation approaches require intensive . The pit optimization analysis does yield a fair bit of information about the ore body configuration, the vertical grade distribution, and addresses how all of that impacts on the pit size. The model was used to create cumulative grade-tonnage curves, representing 1,778 million metric tons (Mt) of mineable copper. Base Case Definition Flowsheet. Figure 5. December Units 2016 2015 2014 Mineral Resource parameters Mineral Resource gold price US$/oz 1,400 1500 1,500 US$/A$ 0.76 0.86 0.96 A$/oz 1,850 1750 1,570 Cut-off for underground g/t 2.4 - 3.7 2.7 - 3.3 2.8 - 4.8 Mineral Reserve parameters Mineral Reserve gold price The traditional grade tonnage curve represents an optimistic scenario since it considers that all tonnage above one cutoff is available to be mined. ming metallurgy, bull., trans. Creation of customised reports including grade tonnage curves. Remember me on this computer. No. The Kiniero Gold Project has been evaluated on a discounted cash flow basis. ORE RESERVES (xlO6) FIG. or reset password. Fig. ; . Break Even Analysis, Before I can calculate the cut off grade, I first need to show a basic equation which converts a troy ounce into grams per ton: 1 troy ounce = 311034768 grams per ton = 28349523125 grams per . It must be kept in mind that the tonnage/grade curve is generated by a simple mathematical summation of the tonnes and in-situ grades of the resource blocks within the block model. It has been applied in financial analysis of the ore bodies providing an indication of the proportions (tonnages) and the grade at a range of different cut-off grades. By 2014, the cut-off grade is reduced to 0.25%. Grade and Tonnage Uncertainty Analysis of an African Copper Deposit Using Multiple-Point Geostatistics and Sequential Gaussian Simulation . Using these curves, ten CIs (95%, 90%, 80%, 70%, 60%, 50%, 40%, 30%, 20% and 10%) are generated to quantify uncertainty on the predicted mean tonnage curve. Email. The upside being an extension in the mine life. Tonnages - definition of tonnages by The Free Dictionary. able The benefit of this is that the grade tonnage curve for relatively small from GEOLOGY 213 at Middle East Technical University Project Grade-Tonnage Curve Figure 3. Average NPVs (M$) across 15 simulated grade-tonnage curves as a result of sensitivity analysis of different economic and operational parameters. Grading on a curve means adjusting student scores after an assignment. 90. ix LIST OF FIGURES Figure 1-1: Complex loop diagram of factors influencing cut-off . So according to this data, we could calculate the deposit based on different cut-off grades. Grade/Tonnage Curves and Optimization of a Mining Project. Best practice for interim estimates is to use a restricted search with ordinary kriging to compute estimates that closely matches the anticipated grade tonnage curve (Parker, 1979). The idea of "the curve" goes back to a bell curve. Main Menu; by School; by Literature Title; by Subject; Textbook Solutions Expert Tutors Earn. End of month Reconciliation Prepares Grade control Drilling Budgets. Writing of weekly and monthly reports In essence, periods when supply is low (or demand is high) may not be the right time to further cut supply by lowering head grades. The lower U 3 0 8 grade limit is now about 144 TOENS . Many translated example sentences containing "grade-tonnage curve" - Spanish-English dictionary and search engine for Spanish translations. 12 - GRADE-TONNAGE CURVES Published online by Cambridge University Press: 19 August 2009 Alastair J. Sinclair and Garston H. Blackwell Chapter Get access Summary A summary is not available for this content so a preview has been provided. Hit Enter and configure the parameters in the window: Select the grade type Input a density Input a minimum cut-off grade (based on the statistics report) Input a maximum cut-off grade (based on the statistics report) Pit by Pit Graph at 30Mt per year Figure 7. lacking. Leapfrog Geo can display multiple grade tonnage curves on one graph. In book: An analysis of Nevada's metal-bearing mineral resources (pp.Chapter 11, p. 11.1-11.18) Chapter: Grade and tonnage models, Ch. the distribution of estimated block grades. This leads to study in details the following distributions: the in situ distribution of true block grades. It is an unconstrained grade tonnage curve which, although very common, it is based in an assumption that can hardly be considered realistic especially in underground mining methods. The 500-meter rule was developed to insure that deposits in grade and tonnage models correspond to deposits as geologic entities. methods of calculating tonnage in miningHome / methods of calculating tonnage in mining. The traditional grade tonnage curve does not take into consideration continuity which is an important aspect in mining. In the mining industry, from the geology and mine planning areas to management, the grade tonnage curve has been applied for decades now in economic and financial analysis probably being one of the most important tools in determining the volume and grade of material in face of variations of the cut-off grade. Grades and Curves in the Simulation Section: Pentes et courbes dans la zone couverte par la simulation: Mineralized wireframes were interpreted and used to constrain grade interpolation by ordinary kriging with validation by inverse distance and change-of-support adjusted grade-tonnage curves. metric tons. Pit by Pit Graph at 33Mt per year Figure 8. However, once presented, the results are hardly. other than manually taking a shell and doing a grade-tonnage curve within it. A grade tonnage curve combines two or three equations together to produce one of the more important tools for analysing the data indicating the potential amount of material obtained when varying the cut-off grade applied. As the cutoff increases, the tonnage decreases. Geostatistical simulations for orebodies can be used to obtain grade-tonnage curves, and determine uncertainty and risk assessments. Perhaps running multiple optimizations at different base case prices may . Log in with Facebook Log in with Google. Each CI is defined by its lower and upper bounds. Certainly one can lower the cutoff grade, lower the head grade and produce fewer ounces of gold. Mining Engineered with efficiency in mind, the . Generally, professors aim for an average grade in the C to B range . The grade tonnage curve is usually calculated . polytech., montreal, can. Until the mid-2000s, a typical copper grade was 0.4%, meaning everything to the left of the dashed line was considered waste rock. The tonnage and grade of a second type of sulfide deposit, which is associated with small orogenic intrusions, were also found to be lognor . Since its beginning, with the works of D. Krige and later, G. Matheron, geostatistics has been analyzing in detail the essential factors at play in ore reserves estimation problems, with the ever-present aim of an optimal use of the available information. Analysis of komatiitic deposits from four regions revealed significant differences in grade and tonnage between regions. The risk quantification in grade-tonnage curves is critical for capital investment in mining projects. Assessing risk in grade-tonnage curves in a complex copper deposit, northern Brazil, based on an efficient joint simulation of multiple correlated variables The Grade Tonnage Curve feature produces a chart that displays the average grade versus tonnage, allowing geologists to quickly understand the effect of mining at different cutoff grades. Study Resources. To get ac. In a typical class, professors can expect a majority of grades to fall near the class average, with a smaller number of A grades and failing grades. Table 4-9. Dynamic visualisation of single or multiple planes through Advanced reserve reporting with ability to break down by Support for a large number of blocks with options to add, delete or modify variables in real time. AssessRiskInGrade-TonCurve - Free download as PDF File (.pdf), Text File (.txt) or read online for free. Get Price. View Lectura 11 - Risk in grade tonnage curves.pdf from AA 1HOME A Geology-Based Joint Conditional Simulation of a Lateritic Nickel Deposit - Quantification of Risk in Grade Tonnage Curves and. Select the "Grade-Tonnage curve" (EDAGTC) command and select the block model (note that this command only works with block models). One should be reminded that grade tonnage curves provide a global and statistical appreciation of what the ore deposit could deliver in an ideal circumstance. or. In the mining industry, from the geology and mine planning areas to management, the grade tonnage curve has been applied in economic and financial analysis probably being one of the most important tools used in determining the volume and grade of material in face of variations of the cut-off grade. Support for expressions to query data your way, and filter on what is relevant. Predicted grade tonnage curve allows you to quickly generate grade tonnage curves at any given block size without the need to import a block model. Password. . The data and variogram are the same for both grade tonnage curves, only the support has changed. To find the tonnage of each block, the specific gravity of ore and core recovery percent is required. Porphyry copper-grade tonnage curve In the graph above, assume a hypothetical deposit of 1 billion tonnes grading 0.5% copper. Grade tonnage curve As the final size of a mineral deposit is defined by its grade and tonnage, a grade tonnage curve chart has been added to Micromine 2020 to visually maps and depict this end stage. Introduction The grade tonnage curve is widely used in the mining industry. Pit by Pit Graph at 26Mt per year Figure 6. One should be reminded that grade tonnage curves provide a global and statistical appreciation of what the ore deposit could deliver in an ideal circumstance.
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