Mathematical Geosciences

, Volume 45, Issue 8, pp 1005–1020

Forecasting Recoverable Ore Reserves and Their Uncertainty at Morila Gold Deposit, Mali: An Efficient Simulation Approach and Future Grade Control Drilling

Special Issue

DOI: 10.1007/s11004-013-9478-x

Cite this article as:
Peattie, R. & Dimitrakopoulos, R. Math Geosci (2013) 45: 1005. doi:10.1007/s11004-013-9478-x

Abstract

Forecasting of recoverable reserves aims to predict the tonnages and grades that will be recovered at the time of mining. The main concern in this forecasting is the imprecision in the selection of ore/waste resulting from both the so-called information effect or information that becomes available during grade control, and the support effect or mining selectivity during mining. Existing approaches to recoverable reserve estimation account for mining selectivity; however, they largely ignore the information effects from future data becoming available through grade control practices.

An application at the Morila gold deposit, Mali, is utilized in this paper to document a new simulation-based approach for recoverable reserve forecasting that incorporates the potential effects of future grade control data. This accounts for the information effect as well as changes in data quantity and quality over time. In addition, the case study at the Morila mine elucidates the use of a newer, very efficient, and practical alternative to traditional simulation techniques. This direct block simulation method forecasts recoverable reserves directly into the selective mining unit (support) size under consideration. The case study demonstrates the practical uncertainty assessment of the recoverable reserves within the deposit, so that expected inaccuracies in the selection of ore /waste can be accounted for. This allows for fully informed mining decisions to be made that incorporate the effects of information and selectivity while quantifying the potential impact of uncertainty on the mine operation and its final economic outcome.

Keywords

Recoverable reserves Stochastic simulation Future data 

Copyright information

© International Association for Mathematical Geosciences 2013

Authors and Affiliations

  1. 1.AngloGold AshantiJohannesburgSouth Africa
  2. 2.COSMO—Stochastic Mine Planning Laboratory, Department of Mining and Materials EngineeringMcGill UniversityMontrealCanada