Society for Mining, Metallurgy, and Exploration – förlag

This essential reference explores the quantitative modeling techniques at the core of mineral and process engineering. Through detailed examples and instructional explanations, the book demonstrates how mathematical models can be used to simulate the real-world behavior of ore dressing and coal washing equipment.Chapters cover the full range of mineral processing operations— comminution, classification, flotation, gravity and magnetic separation, and solid–liquid separation—while emphasizing predictive models that can be integrated into complete process flowsheets. Each chapter includes historical insights to guide both students and professionals seeking to understand the evolution of modeling in mineral processing. This book serves as an invaluable instructional and practical resource for engineers, researchers, and students aiming to design, analyze, and improve mineral processing systems through modeling and simulationUpdated for this edition: Free download of the ModSim software developed by C.L. Schneider. ModSim is a plant-wide simulator that enables users to apply and test complex models in practical scenarios.

Whether you’re an experienced evaluator of mineral projects, a student, or a decision maker who is not a practitioner but must use evaluation results, this new book is an essential reference for your bookshelf. Designed to complement traditional engineering texts, this book emphasizes the concepts of mineral project evaluation rather than computational details. It describes various economic evaluation techniques typically employed (including conventional cost analysis, discounted cash flow, and option analysis), their uses, and their relationships with geological, technological, and financial evaluations. Also discussed are the strengths and weaknesses of commonly practiced evaluation methods.This book explains the practical difficulties in conducting an analysis and correctly interpreting the results, as well as the use of alternative techniques. Because many existing texts do not adequately discuss the meanings and application of merit measures, such as net present value (NPV) or internal rate of return (IRR), this book represents an exciting departure from standard reference tools. Contents include:why NPV and IRR are both valid and useful merit measuresthe shortcomings of conventional NPV and IRR analysisthe dangers of scenario analysiswhy conventional incremental analysis is not needed to correctly calculate IRRwhy the desire to achieve NPV-consistent IRR is misleadinghow competitive cost analysis is conducted and usedwhy option pricing is an important addition to the evaluation process.When used correctly, evaluation methods are powerful tools to help us understand the economics of investment projects. Don’t miss out on this new source. Contains glossary and full index.

Economic skill is an essential partner to technical skill in every step of the mining process. An economic “mindset” begins before the first drill hole. This new book will help you effectively direct mining operations through the use of innovative economic strategies.The text covers what is meant by a cost-effective mining scheme, the economics of information, and the procedures for rational evaluation of uncertain projects. It defines “ore” from an economic perspective and covers the influence of scheduling on ore reserves.Discounted cash flow techniques, the most widely used evaluation technique for investment decision making, is covered in detail. The assumption of the use of spreadsheets is unique to this book. The application of DCF techniques in an operating mine environment is given expanded coverage and examples are drawn from real-life studies.The differences between economic decision-making—a forward-looking task—and the reporting of results via accounting methods—a backward-looking activity—are reviewed. Capital and decision-making procedures associated with capital investments in a risk environment are given extensive coverage. Case studies for capital investment in an operating mine are included. Comprehensive examples investigate “value” from a risk-reduction perspective and from an “expected return on investment” perspective.This book offers solutions to the problem that many mining projects fail to achieve expectations because of their inability to adapt to change. A new technique is explained that allows calculation of capital that is “at risk” from capital that is not at risk. This promises significant advances in the way that investments are made and capital is valued in the industry.

Destined to become an industry standard, this comprehensive reference examines all aspects of minerals processing, from the handling of raw materials to separation strategies to the remediation of waste products. The book incorporates state-of-the-art developments in the fields of engineering, chemistry, computer science, and environmental science and explains how these disciplines contribute to the ultimate goal of producing minerals and metals economically from ores. With contributions from more than 20 recognized authorities, this thorough reference presents the most current thinking on the science and technology of mineral processing.The book is an indispensable textbook for students of mineral processing and hydrometallurgy, and a practical reference for seasoned industry professionals interested in improving operational efficiencies. It presents the principles that govern various unit operations in mineral processing along with examples that illustrate how these principles apply to real-world situations. Topics are arranged in the order of the typical processing sequence, including communition, separation, flotation, hydrometallurgy, and waste handling.

Underground Mining Methods presents the latest principles and techniques in use today. Reflecting the international and diverse nature of the industry, a series of mining case studies is presented covering the commodity range from iron ore to diamonds extracted by operations located in all corners of the world. Industry experts have contributed 77 chapters.This book is certain to become a standard for every practicing mining engineer and student alike. Sections include: General Mine Design Considerations, Room-and-Pillar Mining of Hard Rock/Soft Rock, Longwall Mining of Hard Rock, Shrinkage Stoping, Sublevel Stoping, Cut-and-Fill Mining, Sublevel Caving, Panel Caving, Foundations for Design, and Underground Mining Looks to the Future.

As we enter the twenty-first century, mines are being planned to reach depths of more than 1,100 meters, waste rock embankments have surpassed 600 meters in height, tailings dams have reached heights of 200 meters, and heap leach facilities have topped 150 meters. The push toward higher, deeper, and steeper, along with the larger and more productive equipment in use today, continues to test our tools and capabilities.Slope Stability in Surface Mining documents the progressive rise in technical understanding and sophistication in the field. Only be continuously collecting and exchanging information can design concepts, construction methods, monitoring strategies, and reclamation practices keep pace with the times. Slope Stability in Surface Mining creates a common platform on which to base correct, economical, and safe slope design and construction decisions.

Mine Health and Safety Management presents aspects of management, leadership, regulation, and compliance that pertain to mining health and safety. It focuses on instilling a safety culture and fostering the ability to recognize and manage health and safety responsibilities and requirements. It details effective health and safety management systems and concentrates on safety and health hazard anticipation, identification, evaluation, and control. The book is intended for practicing engineers and supervisors, health and safety professionals, the research community, as well as undergraduate and graduate students in the minerals industry.

Here is a book that actually fills the gap between theory and application. Mining engineering students studying mine design and needing guidance in assembling a mine-design project will refer to this book over and over again. It is useful for industry professionals who require a mine-design reference book for daily use or, who wish to prepare for the professional engineers’ examination.Chapters include: Introduction, Mine Preplanning, Ventilation, Strata Control, Pumping and Drainage, Power Systems, Hoisting Systems, Rail and Belt Haulage Systems, Rubber-Tired Haulage Systems, and Surface Extraction.

This 2 volume set is an up-to-date reference based on 138 proceedings papers from the October 2002, Mineral Processing Plant Design, Control and Practice Conference in Vancouver, British Columbia. It was the first conference to comprehensively address plant design and operational issues in more than a decade.This indispensable resource covers all aspects of plant design—from concept to pilot plant to full-scale production. Valuable guidance is provided on overall project management, and on the design, optimization, and control of all related processes.This will become the new standard text for university instruction and a valuable guidebook for operators considering new construction, renovations, or expansions. Most of all, it’s a practical, quick reference for engineers, consultants, suppliers, manufacturers, or anyone involved in the design or operation of a minerals processing plant.

Newly revised and expanded, this long-awaited 7th edition of Industrial Minerals and Rocks builds on the strengths of the earlier editions but adds significant new content—ensuring the continued relevance of this classic text.This widely read global reference tool is one of the most authoritative sources for timely information on industrial minerals and rocks, the markets they serve, and their multitude of uses.Changes in the global economy have greatly impacted the mining, processing, and marketing of industrial minerals. Additionally, the development of new technologies and a globalization of the customer base have driven fast-paced innovation in processing, packaging, transporting, and end use. The new edition examines these important and diverse changes and their complex ramifications in the world of industrial minerals and rocks.

An in-depth examination of the oldest engineering process, The History of Grinding begins at the start of agriculture and outlines how size reduction developed over the centuries (without completely immersing the reader in technical detail). Great technical achievements have led to the machines of today, which can grind solid particles at the rate of tens of thousands of tons per day. One certainty is the existence of the continuing need for size reduction to develop and fit the lifestyles of people both today and in the future.Photos and illustrations gleaned from numerous sources, a glossary, reference list, and index enhance the text. Chapters include Size Reduction from the Stone Age to the Space Age; The Science and the Scientists; Hand Stones; Water Wheels, Windmills, and Beyond; Stamp Mills and Crushers; Roller Mills; Tumbling Mills; Fine-Grinding Mills; Classifiers; Explosive Rock Breakage; and Size Reduction in the 21st Century.

The Chemistry of Gold Extraction is an extensively revised and comprehensively updated edition of the well-known reference first published in 1992. It provides the broad base of knowledge that is now required by all those working in the gold extraction and gold processing industries. The book bridges the gap between research and industry by emphasizing the practical applications of chemical principles and techniques.The technical reference includes in-depth discussions on:Historical DevelopmentsOre Deposits and Process MineralogyProcess SelectionPrinciples of Gold HydrometallurgyOxidative PretreatmentLeachingSolution Purification and ConcentrationRecoverySurface Chemical MethodsRefiningEffluent TreatmentIndustrial Applications

The Mine Maintenance Management Reader is an indispensable handbook for maintenance managers and supervisors, and mine and plant managers in heavy industry.Virtually every aspect of this essential function is addressed, from organizing maintenance around a plant-level production strategy, to how maintenance professionals can provide a road map for creating a more efficient organization.These critical big-picture issues are brought to life through engaging vignettes of maintenance men and women dealing with real-life, day-to-day problems and concerns.You’ll learn how Charlie, a plant manager, gets into trouble when he adopts a team approach to maintenance without doing his homework. You’ll see how Vivian, a haulage truck driver, sets a new standard for the quality of preventive maintenance inspections. And you’ll read how Jerry, a general manager, establishes responsibilities for maintenance support that increase the production capacity and profitability of his mining operation.Author Paul D. Tomlingson draws on his 35 years of maintenance management consulting experience to craft these compelling, yet highly instructional, stories. Each reveals a powerful lesson, providing you with ideas and techniques to help solve maintenance problems you may be grappling with today.

This third edition of the SME Mining Engineering Handbook reaffirms its international reputation as “the handbook of choice” for today’s practicing mining engineer. It distills the body of knowledge that characterizes mining engineering as a disciplinary field and has subsequently helped to inspire and inform generations of mining professionals.Virtually all of the information is original content, representing the latest information from more than 250 internationally recognized mining industry experts.Within the handbook’s 115 thought-provoking chapters are current topics relevant to today’s mining professional:Analyzing how the mining and minerals industry will develop over the medium and long term?why such changes are inevitable, what this will mean in terms of challenges, and how they could be managedExplaining the mechanics associated with the multifaceted world of mine and mineral economics, from the decisions associated with how best to finance a single piece of high-value equipment to the long-term cash-flow issues associated with mine planning at a mature operationDescribing the recent and ongoing technical initiatives and engineering developments in relation to robotics, automation, acid rock drainage, block caving optimization, or process dewatering methodsExamining in detail the methods and equipment available to achieve efficient, predictable, and safe rock breakingIdentifying the salient points that dictate which is the safest, most efficient, and most versatile extraction method to employ, as well as describing in detail how each alternative is engineeredDiscussing the impacts that social and environmental issues have on mining from the pre-exploration phase to end-of-mine issues and beyond, and how to manage these two increasingly important factors to the benefit of both the mining companies and other stakeholders.

Mitigation of Metal Mining Influenced Water is the “how to fix it” volume in a series of six handbooks on technologies for managing metal mine and metallurgical process influenced water.Unlike other texts that focus exclusively on acid drainage from coal mines, this comprehensive series examines both acidic and neutral pH waters from metal mining and metallurgical processes that may impact the environment. The authors take a holistic approach by considering all aspects of the mine life cycle, from planning and design to closure.In this book you’ll learn how mining influenced water concerns can be prevented or reduced by disrupting the geochemical relationship that contributes to the release of metals and/or acidity. Industry experts provide insights into understanding a mine’s physical environment and how it can influence waste and drainage quality. They outline key issues designers must address, including involving stakeholders who may be affected long after the mine closes.Case histories offer valuable planning and design considerations by illustrating what works and what doesn’t. You’ll also benefit from a thorough examination of mitigating technologies in a host of mining and processing situations, as well as the latest arsenal of waste treatment options.Mitigation of Metal Mining Influenced Wateris a must-read for planners, regulators, consultants, land mangers, students, researchers, and others concerned about the environmentally sound management of metal mine and metallurgical processing wastes and drainage quality.

They key to building better and more reliable plants is staying abreast of new technologies and equipment improvements.Whether you’re an aspiring engineering student or a seasonaed practitioner, you won’t find a more comprehensive or more up-to-date resource than Recent Advances in Mineral Processing Plant Design.A compilation of engaging and insightful papers from the prestigious 2009 Plant Design Symposium, the volume is a sequel to Mineral Processing Plant Design, Practice, and Control, an industry standard published in 2002.Both books are indispensable texts for university-level instruction, as well as valuable guides for operators considering new construction, plant renovation, or expansion.Inside you’ll find the latest thinking from around the world. These experts delve into every aspect of plant design from best practices of industry leaders to knowing “what not to do” to avoid expensive, time-consuming mistakes.You’ll learn the role of innovation, how to finance and conduct feasibility studies, and how to reduce your plant’s carbon footprint. The latest developments concerning flotation, extractive metallurgy, crushing and grinding, separation processes, and process development are also discussed extensively. Case studies and plenary speakers highlight proces design concepts that work well and those that do not.Recent Advances in Mineral Processing Plant Design is a practical, easy-to-use reference for students, engineers, consultants, suppliers, manufacturers, and anyone involved in the design or operation of a mineral processing plant.

Geochemical Modeling for Mine Site Characterization and Remediation is the fourth of six volumes in the Management Technologies for Metal Mining Influenced Water series about technologies for management of metal mine and metallurgical process drainage.This handbook describes the important components of hydrogeochemical modeling for mine environments, primarily those mines where sulfi de minerals are present—metal mines and coal mines.It provides general guidelines on the strengths and limitations of geochemical modeling and an overview of its application to the hydrogeochemistry of both unmined mineralized sites and those contaminated from mineral extraction and mineral processing.The handbook includes an overview of the models behind the codes, explains vital geochemical computations, describes several modeling processes, provides a compilation of codes, and gives examples of their application, including both successes and failures.Hydrologic modeling is also included because mining contaminants most often migrate by surface water and groundwater transport, and contaminant concentrations are a function of water residence time as well as pathways.This is an indispensable resource for mine planners and engineers, environmental managers, land managers, consultants, researchers, government regulators, nongovernmental organizations, students, stakeholders, and anyone with an interest in mining influenced water.The other handbooks in the series are Basics of Metal Mining Influenced Water; Mitigation of Metal Mining Influenced Water; Mine Pit Lakes: Characteristics, Predictive Modeling, and Sustainability; Techniques for Predicting Metal Mining Influenced Water; and Sampling and Monitoring for the Mine Life Cycle.

Techniques for Predicting Metal Mining Influenced Water is a must-read for planners, regulators, consultants, land managers, researchers, students, stakeholders, and others concerned about mining influenced water.Identifying potential mine wastes and their characteristics, and predicting their drainage quality are critical aspects of mine site design, operations, and closure planning. Failure to effectively conduct these evaluations for a mine site can result in environmental compliance issues that may create long-term financial liabilities.The fifth in a series of six handbooks on technologies for management of metal mine and metallurgical process drainage, this book identifies the tools available for characterizing mine and processing wastes that can be useful in predicting drainage quality.This volume shows how effective and accurate characterization and prediction work will result in a mine-life waste management plan that minimizes the exposure of problematic wastes to the environment.Written by a team of experts from state and federal governments, academia, and the mining industry, Techniques for Predicting Metal Mining Influenced Water also discusses the importance of accurately assessing the geochemical performance of the processed ore and wastes so they can be effectively managed throughout the active mine life and beyond. This handbook discusses and compares the various tests and conveys solid criteria for evaluating them.

Sampling and Monitoring for the Mine Life Cycle provides an overview of sampling for environmental purposes and monitoring of environmentally relevant variables at mining sites. It focuses on environmental sampling and monitoring of surface water, and also considers groundwater, process water streams, rock, soil, and other media including air and biological organisms. The handbook includes an appendix of technical summaries written by subject-matter experts that describe field measurements, collection methods, and analytical techniques and procedures relevant to environmental sampling and monitoring.The sixth of a series of handbooks on technologies for management of metal mine and metallurgical process drainage, this handbook supplements and enhances current literature and provides an awareness of the critical components and complexities involved in environmental sampling and monitoring at the mine site. It differs from most information sources by providing an approach to address all types of mining influenced water and other sampling media throughout the mine life cycle.Sampling and Monitoring for the Mine Life Cycle is organized into a main text and six appendices that are an integral part of the handbook. Sidebars and illustrations are included to provide additional detail about important concepts, to present examples and brief case studies, and to suggest resources for further information. Extensive references are included.

Coal mining and preparation have had a long history in the United States and the world, serving as the engine of growth for many industries. Today, new sources of energy, increased environmental awareness, and more stringent regulations from the U.S. Environmental Protection Agency and other organizations are changing the way coal is found, extracted, and used. As a result, fine coal cleaning, dewatering, and refuse disposal are now at a major crossroads.The increased level of fines, and near-density material in the inferior seams being mined today, necessitates the development of more efficient fine coal cleaning devices. This in turn requires improvements in traditional dewatering techniques to address the need for acceptable moisture levels in plant products. Moreover, the larger volume of fine refuse being generated, coupled with harsher disposal regulations, requires upgraded treatment options.This book is a compilation of information presented at the 2012 Fine Coal Symposium, sponsored by the Coal Preparation Society of America; the Pittsburgh Section of the Society for Mining, Metallurgy, and Exploration, Inc.; and the Pittsburgh Coal Mining Institute of America.Provided by international coal companies, major research organizations, technology developers, and industry leaders, the information includes both general knowledge and in-depth discussion on the current challenges facing the industry, techniques for designing more efficient plants, and new cleaning and dewatering technologies. The book is a practical yet cutting-edge resource for plant designers, engineers, and other practitioners, and for university students and faculty.

Here is the information you need to face the ever-increasing technological, economic, environmental, and geopolitical challenges of this industry and ensure long-term productivity and growth for your organization.Mineral Processing and Extractive Metallurgy presents more than a century of innovation drivers that have advanced the mineral processing industry. Trends, developments, and improvements are discussed in depth, and likely areas for future innovations are explored.This proceedings from the successful 2013 symposium features more than 75 subject-matter experts. These authors share their knowledge, experience, and passion for the metallurgical industry.Topics include:Comminution equipment, modeling, and instrumentationMagnetic, electrostatic, density-based, dense medium, and liquid/solid separationsNickel and cobalt, zinc and lead, copper and rare earth hydrometallurgy, and gold and silver extractionInnovations in pyrometallurgy, copper smelting, and the iron and steel industry, and refining of platinum group metalsProcess mineralogy and laboratory automation, analytical chemistry, and measurement of mineral structure and surface chemistryEnvironmental breakthroughs in acid rock drainage, tailings management, water and brine treatment, chemical and bacterial water treatment, and air pollution control.The papers are accompanied by abundant full-color photographs, figures, illustrations, charts, and author biographies.

Mining Can Be Environmentally and Socially Responsible—and Still Profitable.Even in this regulated, environmentally aware world, running a mine can be done safely, with combined goals of maximizing both the return on investment from extraction and the positive environmental and social impact that a well-run, responsible mine can offer.Responsible Mining is your comprehensive guide to addressing social and environmental risks at mines in the developed world.This book gathers case studies of best practices across the full range of issues. With examples from four continents, you can learn from both your home territory and around the world. Seventy-two leading mine engineers, forestry scientists, conservationists, environmental consultants, sustainability professionals, and geologists from prominent universities, extraction businesses, nongovernmental organizations, and governments have come together within these pages to lead you safely and profitably toward socially, environmentally, and economically beneficial mining practices.Organized around ten sustainability principles required of International Council on Mining and Metals members (including some of the largest extraction businesses in the world), the book addresses nearly every environmental and social consequence of mining in developed countries, including:Protecting biodiversityMinimizing negative impacts on climate changeInteracting appropriately with indigenous peoplesEnhancing the local community and reducing povertyReusing and recycling materialsRecovering energyRecapturing and reusing waterManaging proper storage, reclamation, and disposal of tailingsRestoring the land after ceasing mining operations.You will want to make this book required reading for all members of your team who are responsible for environmental compliance, resource recovery, sustainability, energy management, and marketing/public relations to facilitate cross-departmental discussions about how to incorporate best practices into your business plans.

This landmark publication distills the body of knowledge that characterizes mineral processing and extractive metallurgy as disciplinary fi elds. It will inspire and inform current and future generations of minerals and metallurgy professionals.Mineral processing and extractive metallurgy are atypical disciplines, requiring a combination of knowledge, experience, and art. Investing in this trove of valuable information is a must for all those involved in the industry—students, engineers, mill managers, and operators.More than 192 internationally recognized experts have contributed to the handbook’s 128 thought-provoking chapters that examine nearly every aspect of mineral processing and extractive metallurgy. This inclusive reference addresses the magnitude of traditional industry topics and also addresses the new technologies and important cultural and social issues that are important today.

An Introduction to Cut-off Grade Estimation examines one of the most important calculations in the mining industry. Cut-off grades are essential to determining the economic feasibility and mine life of a project. Profitability and socioeconomic impact of mining operations are influenced by the choice of cut-off grades. Cut-off grades play a key role in estimating mineral reserves that can be publicly reported.This new edition is easier to read and of greater practical interest to practitioners. The relationship between optimization of net present value, capacity constraints, and opportunity cost is explained in greater detail. A new section discusses blending strategies, which play a critical role in an increasing number of mining operations.Author Jean-Michel Rendu, an internationally recognized expert in the management, estimation, and public reporting of mineral resources, provides practical insights. As a manager in major mining companies, a consultant, and an educator, Rendu has acquired considerable experience in all aspects of mining engineering, experience that was incorporated into this publication.This is a must-read for mine managers, analysts, geologists, mining engineers, and public policymakers who want to stay on the leading edge of their profession.

The crash of the minerals super cycle is being felt by the global phosphate industry. Fortunate phosphate companies are watching their profits drop manyfold, and the not-so-lucky ones are turning to survival mode.The recent market squeeze and ever-increasing environmental pressures have, however, presented opportunities for developing technologies for extracting the most valuable elements from phosphate.This compilation from the 2015 Beneficiation of Phosphates Conference includes insights from dozens of internationally respected experts on key breakthroughs that will shape the industry in the years ahead. Learn from the best and the brightest in the industry.Topics include:Recovery of rare earths from phosphateUranium recovery from phosphoric acidRecovery of magnesium from high-dolomite phosphate rockPhosphoric acid purification via byproducts production

This illustrated reference takes readers on a revealing tour of a vital, underappreciated piece of our nation’s infrastructure.Imagine Washington, D.C., without its clean and effi cient Metro. Or New York City without the Lincoln and Holland tunnels. Or Boston without the Big Dig. This nation without its tunnels would be a quagmire of clogged streets, urban gridlock, massive sewage and water pipes along our sidewalks, and train routes that would take hours longer just to veer around a mountain instead of going straight through it. Unlivable.Tunnels have been built for 200 years to solve some of society’s most pressing and dangerous problems. And yet the public rarely understands the complexity of boring through the earth under urban skyscrapers or the danger of burrowing under rivers, lakes, and oceans. This smartly told, beautifully illustrated book, by the construction experts who know the underground world better than anyone, gives tunnels their long-deserved due.This is a story that can only be told by these industry experts who have studied that two-century journey, learned from it, and created the tools and technology needed to improve it.That is what the Underground Construction Association delivers with its beautifully told, richly illustrated book, The History of Tunneling in the United States, which includes a collection of museum-worthy historical photos.The tunneling industry is now big business, and it has a story and a history worth telling.

The go-to resource for professionals in the mining industryThe SME Mining Reference Handbook was the first concise reference published in the mining field and it quickly became the industry standard. It sits on almost every mining engineer's desk or bookshelf with worn pages, tabs to find most used equations, and personal notes. It has been the unequaled single reference and the first source of information for countless engineers.This second edition of the SME Mining Reference Handbook builds on that success. With an enhanced presentation, new and updated information is represented in a concise, well-organized guide of important data for everyday use by engineers and other professionals engaged in mining, exploration, mineral processing, and environmental compliance and reclamation.With its exhaustive trove of charts, graphs, tables, equations, and guidelines, the handbook is the essential technical reference for mobile mining professionals.

Everything” sums up what must be considered for a properly documented property evaluation.Less than 30% of the projects that are developed in the minerals industry yield the return on investment that was projected from the project feasibility studies. The tools described in this handbook will greatly improve the probability of meeting your projections and minimizing project execution capital cost blowout that has become so prevalent in this industry in recent years.Mineral Property Evaluation provides guidelines to follow in performing mineral property feasibility and evaluation studies and due diligence, and in preparing proper documents for bankable presentations. It highlights the need for a consistent, systematic methodology in performing evaluation and feasibility work.The objective of a feasibility and evaluation study should be to assess the value of the undeveloped or developed mineral property and to convey these findings to the company that is considering applying technical and physical changes to bring the property into production of a mineral product. The analysis needs to determine the net present worth returned to the company for investing in these changes and to reach that decision point as early as possible and with the least amount of money spent on the evaluation study.All resources are not reserves, nor are all minerals an ore. The successful conclusion of any property evaluation depends on the development, work, and conclusions of the project team.The handbook has a diverse audience:Professionals in the minerals industry that perform mineral property evaluations.Companies that have mineral properties and perform mineral property feasibility studies and evaluations or are buying properties based on property evaluation.Financial institutions, both domestic and overseas, that finance or raise capital for the minerals industry.Consulting firms and architectural and engineering contractors that utilize mineral property feasibility studies and need standards to follow.And probably the most important, the mining and geological engineering students and geology and economic geology students that need to learn the standards that they should follow throughout their careers.

Mining is not for the fainthearted. Yes, the rewards are enormous. But so are the risks—and consequences—of failure. Risk Management in Evaluating Mineral Deposits walks you through the many-faceted risk evaluation you need to conduct before you invest your hard-earned dollars.Written by a mining professional with a strong background in technical and financial studies, risk assessment, and statistics, this book provides a detailed suite of tools so you can determine whether investing in a mining project makes sense for you. Looking at a host of issues—the composition of the ore deposit, the management’s previous record, the quality of the information at hand, and your own risk-tolerance comfortlevel, to name a few—author Jean-Michel Rendu provides a comprehensive guide to determine when to invest with high confi dence, when to demand a plan that reduces the risks and increases the chances of a positive outcome, and when to just walk away.This book will have relevance for many years. Unlike others, Rendu factors in not just fi nancial but environmental and social aspects to evaluate the triple bottom line. He shows you why your project needs a different evaluator for each of these three legs and how to combine their evaluations to make one decision. As more and more government agencies and communities insist on these types of metrics, this focus will help keep you up-to-date in a rapidly changing world and increase the possibility that your investment will generate profi ts even in this complex, uncertain, and timeconstrained industry.