Geological uncertainty and risk: Implications for the viability of mining projects

Li, Shu-xing, Knights, Peter and Dunn, Doug (2008) Geological uncertainty and risk: Implications for the viability of mining projects. Journal of Coal Science and Engineering (China), 14 2: 176-180. doi:10.1007/s12404-008-0036-y


Author Li, Shu-xing
Knights, Peter
Dunn, Doug
Title Geological uncertainty and risk: Implications for the viability of mining projects
Journal name Journal of Coal Science and Engineering (China)   Check publisher's open access policy
ISSN 1006-9097
1866-6566
Publication date 2008-07-01
Year available 2008
Sub-type Article (original research)
DOI 10.1007/s12404-008-0036-y
Open Access Status Not yet assessed
Volume 14
Issue 2
Start page 176
End page 180
Total pages 4
Place of publication China
Publisher Zhongguo Meitan Xuehui
Language eng
Subject C1
091405 Mining Engineering
850201 Coal Mining and Extraction
Abstract Computerized geological models are the basis of modern mine design, planning and production. A sound, validated geological model is essential to the success of a mining project. However, due to the complexity of geology surrounding deposits, geological models inherit uncertainty, or error. This geological uncertainty may significantly affect the risk profile of a mining project during its design and operational phases. Methodologies for quantifying geological uncertainty and risk have been developed by CRC Mining and the University of Queensland, Australia and successfully applied to case studies. This paper discussed the implications of geological uncertainty and risk to a coal mining project, and presents advances for quantifying geological/geotechnical uncertainty and risk. A case study is presented to demonstrate the application of the technology developed.
Keyword geological
uncertainty and risk
viability of mining projects
Q-Index Code C1
Q-Index Status Confirmed Code

 
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