The profitability of a mineral deposit can be concluded by the comparison of net present values (NPV) of all revenues and expenditures. In the estimation of NPV of a mineral deposit, many parameters are used. The parameters are uncertain. More accurate and reliable NPV estimation can be done with considering the related uncertainties. This study investigates the probability distributions of uncertain variables in estimation of NPV and evaluation of NPV using Monte Carlo simulation. @Risk 4.5.7 software package is used to apply Monte Carlo simulation method. At the end of the study, all possible net present values and their probabilities are given as a probability distribution. Dereköy copper ore reserve is selected to apply uncertainty asse...
A conventional, deterministic orebody model would lead to over estimation or under-estimation of the...
© 2017, International Association for Mathematical Geosciences. Spatial uncertainty analysis is a co...
Open pit mine operations are complex businesses that demand a constant assessment of risk. This is b...
The investment decisionmaking process in the insurance and finance industries is affected by new adv...
This study proposes a new method to quantitatively represent the uncertainty existing in open pit op...
Mineral deposits are the main assets for the mining industry. Mineral deposits are estimated based o...
Abstract Long-term mining planning is a complex process which involves a large number of variables a...
Uncertainty is intrinsic to mine design and planning and introduces risk into the process. Nonethele...
Risk mapping processes in mine planning and ore recovery are constantly used in the mining industry ...
The uncertainty in the recoverable tonnages and grades in a mineral deposit is a key factor in the d...
AbstractTraditional geostatistical modelling of orebodies and estimation of grade–tonnage curves do ...
The core asset of most mining companies is its mineral resources and reserves. The company produces ...
Abstract Risk mapping processes in mine planning and ore recovery are constantly used in the mining ...
WOS: 000311393800030Risk quantification in grade is critical for mine design and planning. Grade unc...
Valuation involves the analyses of various input data to produce an estimated value. Since each inpu...
A conventional, deterministic orebody model would lead to over estimation or under-estimation of the...
© 2017, International Association for Mathematical Geosciences. Spatial uncertainty analysis is a co...
Open pit mine operations are complex businesses that demand a constant assessment of risk. This is b...
The investment decisionmaking process in the insurance and finance industries is affected by new adv...
This study proposes a new method to quantitatively represent the uncertainty existing in open pit op...
Mineral deposits are the main assets for the mining industry. Mineral deposits are estimated based o...
Abstract Long-term mining planning is a complex process which involves a large number of variables a...
Uncertainty is intrinsic to mine design and planning and introduces risk into the process. Nonethele...
Risk mapping processes in mine planning and ore recovery are constantly used in the mining industry ...
The uncertainty in the recoverable tonnages and grades in a mineral deposit is a key factor in the d...
AbstractTraditional geostatistical modelling of orebodies and estimation of grade–tonnage curves do ...
The core asset of most mining companies is its mineral resources and reserves. The company produces ...
Abstract Risk mapping processes in mine planning and ore recovery are constantly used in the mining ...
WOS: 000311393800030Risk quantification in grade is critical for mine design and planning. Grade unc...
Valuation involves the analyses of various input data to produce an estimated value. Since each inpu...
A conventional, deterministic orebody model would lead to over estimation or under-estimation of the...
© 2017, International Association for Mathematical Geosciences. Spatial uncertainty analysis is a co...
Open pit mine operations are complex businesses that demand a constant assessment of risk. This is b...