Abstract
Modern industry, agriculture, communications, transportation, science, and medicine are unimaginable if minerals and metals were not produced today. Mining is a highly capital-intensive fast-growing industry and it spans globally across all continents. The three important factors showing the significance of understanding to manage mining operations are raising demand for metals and minerals leading to huge costs and investments in mining, the contribution of mining to national economies, and the type of mines. This chapter is an introductory chapter to the world of mining, its origin, its relevance to modern industry, and personal use, along with its major contributions to various national economies. The chapter also includes a section on the phases and processes in large-scale open-pit mining operations.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Amankwah, H., Larsson, T., & Textorius, B. (2014, January 5). A maximum flow formulation of a multi-period open-pit mining problem. Operations Research International Journal, 1–10.
Asad, M. W., & Topal, E. (2011, November). Net present value maximization model for optimum cut-off grade policy of open pit mining operations. The Journal of the Southern African Institute of Mining and Metallurgy, 111, 741–750.
Asad, M., & Dimitrakopoulos, R. (2012, April 25). Implementing a parametric maximum flow algorithm for optimal open pit mine design under uncertain supply and demand. Journal of the Operational Research Society, 185–197.
Bullock, L. R. (n.d.). Mineral property feasibility studies. In L. R. Bullock, SME Mining Engineering Handbook (pp. 227–261).
Burt, R. (1991, May). The international diffusion of technology in the early modern period: the case of the British non-ferrous mining industry. The Economic History Review, 44(2), 249–271. doi:https://doi.org/10.2307/2598296.
Caccetta, L., & Hill, P. S. (2003). An application of branch and cut to open pit mine scheduling. Journal of Global Optimization, 349–365.
Calvo, G., Mudd, G., Valero, A., & Valero, A. (2016). Decreasing ore grades in global metallic mining: a theoretical issue or a global reality? MDPI, 1–14.
CATAPA. (2016). Large-scale mining: CATAPA. Retrieved from CATAPA Web site: https://catapa.be/en/miner%C3%ADa/t%C3%A9cnicas-de-miner%C3%ADa/large-scale-mining.
Coulson, M. (2012). The ancient world (from the beginning of 1066). In M. Coulson (Ed.), The history of mining (pp. 1–16). Hampshire: Harriman House Ltd.
CRIRSCO. (2018). About us: CRIRSCO. Retrieved from Committee for Mineral Reserves International Reporting Standards: www.crirsco.com.
Dagdelen, K. (2001). Open pit optimization–strategies for improving economics of mining projects through mine planning. 17th International Mining Congress and Exhibition of Turkey- IMCET2001, (pp. 117–121).
Deneen, A. M., & Gross, A. C. (2009). World mining machinery. Business Economics, 169–176.
Downing, W. B., & Mills, C. (2017, January 1). Quality Assurance/Quality Control For Acid Rock Drainage Studies. Retrieved from Infomine Inc. Web site: https://technology.infomine.com/enviromine/ard/acid-base%20accounting/Quality.htm.
E&MJ. (2012, March). Chilean service companies become world class. Engineering & Mining Journal, 68–80.
E&MJ. (2016, September). Alrosa developing new open-pit diamond mine. Engineering & Mining Journal, 32.
ELAW. (2010). Overview of mining and its impacts. In ELAW, Guidebook for Evaluating Mining Projects for EIAs (1 ed., pp. 1–17). Eugene, Oregon: Environmental Law Alliance Worldwide.
Ericsson, M. (2012). Mining technology—Trends and development. Polinares. Retrieved from https://www.google.sr/url?sa=t&rct=j&q=total%20large%20open%20cast%20metal%20%26%20mineral%20mines%20in%20the%20world&source=web&cd=13&cad=rja&uact=8&ved=0ahUKEwjjxNq7kZbLAhXH_R4KHeKlA6E4ChAWCCMwAg&url=http%3A%2F%2Fwww.polinares.eu%2Fdocs%2Fd2-1%2Fpolinare.
Ericsson, M., & Larsson, V. (2013, January 22). E & MJ's annual survey of global investment. Engineering and Mining Journal. Retrieved from https://www.e-mj.com/features/2541-e-mj-s-annual-survey-of-global-mining-investment.html.
Espinoza, D., Goycoolea, M., Moreno, E., & Newman, A. (2012, December 6). MineLib: A library of open pit mining problems. Annals of Operations Research, 93–114.
Fiscor, S. (2016a, July). Advances with large rotary Blasthole Drills. Engineering & Mining Journal, 26–29.
Graham, C., & Evans, V. (2007, August). History of Mining. Retrieved from Canadian Institute of Mining, Metallurgy, and Petroleum: https://www.cim.org/en/Publications-and-Technical-Resources/Publications/CIM-Magazine/2007/august/history/history-of-mining.aspx.
Hartman, L. H., & Mutmansky, M. J. (2002). Introduction to mining. In Introductory mining engineering (2 ed., pp. 1–21). New Jersey: John Wiley & Sons, Inc.
Hochbaum, S. D., & Chen, A. (2000). Performance analysis and best implementations of old and new algorithms for the open-pit mining problem. Operations Research, 894–914.
ICMM. (2012a). The role of mining in national economies. International Council on Mining & Metals. Retrieved from https://www.icmm.com/document/4440.
ICMM. (2012b). Trends in the mining and metals industry. International Council on Mining and Metals. Retrieved from https://www.icmm.com/document/4441.
ICMM. (2014, October). The role of mining in national economies (2nd edition). London: International Council on Mining & Metals. Retrieved from https://www.icmm.com/document/7950.
ICMM. (2015, September). Minerals and metal management 2020: ICMM. Retrieved from International Council on Mining & Metals: www.icmm.com.
ICMM. (2018). Metals & minerals: ICMM. Retrieved from International Council on Mining & Metals: www.icmm.com.
ICMM. (n.d.). Mining contribution index. Retrieved July 10, 2020, from International Council of Mining & Metals Web site: https://www.icmm.com/en-gb/society-and-the-economy/role-of-mining-in-national-economies/mining-contribution-index.
ICMM. (n.d.). Social progress in mining-dependent countries. Retrieved July 19, 2020, from International Council of Mining & Metals Web site: https://www.icmm.com/social-progress.
ICMM. (n.d.). What are minerals & metals? Retrieved July 21, 2020, from International Council of Mining & Metals Web site: https://www.icmm.com/en-gb/metals-and-minerals/producing-metals/what-are-minerals-metals.
ICMM. (n.d.). Where and how does mining take place? Retrieved July 21, 2020, from International Council of Mining & Metals Web site: https://www.icmm.com/en-gb/metals-and-minerals/producing-metals/where-and-how-does-mining-take-place.
InEight Inc. (2013, November 20). NEWS. Retrieved from HD Web site: https://harddollar.com/brief-history-mining/.
Kirsch, P., Viswanathan, D., LaBouchardiere, R., Shandro, J., & Jagals, P. (2012). Health Impacts extend from the life of a mine to the life of a community—Knowledge gaps. Life-Of-Mine Conference, (pp. 1–8). Brisbane.
Lamghari, A., Dimitrakopoulos, R., & Ferland, A. J. (2013, July 3). A variable neighborhood descent algorithm for the open-pit mine production scheduling problem with metal uncertainty. Journal of the Operational Research Society, 1305 –1314.
Macrotrends. (2020, July 10). Gold prices—100 year historical chart. Retrieved from MACROTRENDS Web site: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart.
McIlroy, A. R. (1999). The return from exploration success: Relating economic quality to geological quality. Ann Arbor: UMI Publishing.
Miguel, S. A. (1996). Cost components and methods employed in a feasibility study for a typical open pit and underground mining operation. Ann Arbor: UMI company.
Mikesell, R. F., & Whitney, J. W. (2016). An overview of the world mining industry. In R. F. Mikesell & J. W. Whitney (Eds.), The world mining industry (Vol. 11, pp. 1–21). New York, Routledge: Taylor & Francis Group.
Minas Gerais. (2012, August). Engineering and Mining Journal, 213(8), 94–99. Retrieved from https://search.proquest.com/business/docview/1069233313?accountid=150425.
Mining Journal. (2016, October 20). Rio delivers mixed numbers: Mining Journal. Retrieved from Mining Journal Web site: www.mining-journal.com.
Moosavi, E., Gholamnejad, J., Ataee-Pour, M., & Khorram, E. (2014). Optimal extraction sequence modeling for open pit mining operation considering the dynamic cutoff grade. Mineral Resources Management, 30(2), 173–186.
Net Industries. (2016). Surface mining: Net industries. Retrieved from Net Industries Web site: https://science.jrank.org/pages/4358/Mining-Surface-mining.html.
Nicholas, C. F. (1910, May). The wrongs and opportunities in mining investments. Annals of the American Academy of Political and Social Science, 35(3), 207–216. Retrieved from https://www.jstor.org/stable/1011188.
Roman, P. A. (1999). Joint enhancement of mine operations and maintenance: A structured analysis approach. Queen's University (Canada). Ann Arbor: ProQuest, UMI Dissertations Publishing. Retrieved from https://search.proquest.com/business/docview/304542219?accountid=150425.
Sevim, H., & Lei, D. D. (1998). The problem of production planning in open pit mines. INFOR, 1–12.
Snedeker, M. (1990). History of mining. In B. A. Kennedy (Ed.), Surface Mining (pp. 1–14). Society for Mining, Metallurgy, and Exploration, Inc.
Statista, Inc. (2016). 2015 Global list of top mining companies based on revenue: Statista Inc. Retrieved from Statista, Inc. Web site: https://www.statista.com/statistics/272707/ranking-of-top-10-mining-companies-based-on-revenue/.
Sykes, J. P., Wright, J. P., & Trench, A. (2016). Discovery, supply, and demand: From Metals of Antiquity to critical metals. Applied Earth Science, 125(1), 3–20. https://doi.org/10.1080/03717453.2015.1122274
Tilton, J. E., & Guzman, J. I. (2016). Mineral economics and policy. New York: RFF Press.
Van Niekerk, G. (2013). From volume to value: Cost optimization in the mining sector. pp. 38–41. Retrieved from https://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/mining-asset-lifecycle/Documents/from-volume-to-value-v2.pdf.
Wenco. (2015). Fleet management: wenco international mining systems Ltd. From Wenco International Mining Systems Ltd. Web site: www.wencomine.com.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2021 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this chapter
Cite this chapter
Qudrat-Ullah, H., Panthallor, P.N. (2021). Introduction: Managing Large-Scale Mining Operations. In: Operational Sustainability in the Mining Industry. Asset Analytics. Springer, Singapore. https://doi.org/10.1007/978-981-15-9027-6_1
Download citation
DOI: https://doi.org/10.1007/978-981-15-9027-6_1
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-15-9026-9
Online ISBN: 978-981-15-9027-6
eBook Packages: Business and ManagementBusiness and Management (R0)