Resource and economic assessment under uncertainty and risk is quite a difficult process.
Many geological, mining, technical and economic aspects should be taken in to …

A common problem in geostatistics is to interpolate a variable at unsampled locations using
available data. Kriging has been the conventional method of solving this problem by …

The prime objective of the study was to identify and evaluate options for development and
exploitation of a prospective hard coal deposit using a digital geological model and a multi …

The static and dynamic reserve of voltage in input of voltage autonomous inverter being a
component of parallel power active compensator on the physical realizability of inactive …

Oil prices wide fluctuations have been a constant in energy economics, influencing heavily
the profits of oil companies. Even small oil prices changes imply wide variations in the …

In the research we examined the influence of a few geostatistical models (interpolators and
kriging models) on the resource base and economic efficiency measures, on the example of …

Multiple-point simulation is a commonly used method in modeling complex curvilinear
structures. The method is based on the application of training images that are open to …

Incorrect estimation of grade values is a major problem in the Sungun copper mine of Iran
that the kriging estimates and blast hole data show inconsistencies due to biased estimates …

Risk is a significant phenomenon in mineral industries due to several associated social,
environmental, technical, and financial uncertainties. Risk assessment is a standard …

The mining industry is known to be risky. Commodity prices fluctuate widely and frequently
drop to below production costs. Resource and reserve estimations are made using sparse …