(PDF) COMPARISON BETWEEN ECONOMIC EVALUATION …
COMPARISON BETWEEN ECONOMIC EVALUATION TOOLS ON DIMENSIONING OF EQUIPMENT FOR MINE. October 2019. DOI: 10.5151/2594-357X …
Development of an economic replacement time model for …
In mining operation equipment replacement represents a strategic decision problem. This paper presents an economic replacement time model for mining drill …
Economic evaluation of materials handling systems in a deep open pit mine
Materials handling constitutes a large portion of the costs of mining operations. Therefore, the system chosen must be cost-effective yet meet the production demands of the mine. In this paper, unit haulage costs, economic risk and sensitivity analyses were conducted to determine the optimal way of handling materials in a deep …
Strategic mine planning
A detailed open pit plan is then used to calculate mining equipment numbers, sizing of the processing equipment and operational hours. All of them are the …
Evaluating the environmental and economic impact of mining …
Over the years, the impact of mining on the economy, environment, and society has attracted several views (Balasubramanian, 2017; Festin et al., 2018; Mensah et al., 2015; Ocansey, 2013).A study, (Widana, 2019) conceptualized the impacts of mining into several forms such as functionality (socio-economic, political and environment), …
Mining Project Evaluation | SRK Consulting
Mining Project Evaluation. When you plan a new mine or investment, our worldwide team of multidisciplinary specialists can provide a comprehensive, integrated approach to your viability studies (including scoping, feasibility and prefeasibility), due diligence reviews, economic evaluations, and risk assessments.
Mining Technology | Taylor & Francis Online
Published by Sage from 2024. Mining Technology is devoted to all aspects of underground, opencast, and offshore mining operations, including: •Mining finance, mining economics and evaluation, mineral resources management, planning control and mining law •Mine design and development, operational techniques, mining machinery, …
Recent Research Agendas in Mining Equipment …
Mining sector is an economic foundation and the main source of national wealth for many countries. Modern mining operations are ever more reliant on efficient usage of costly large-scale mining …
Processes | Free Full-Text | Evaluation of the …
The article summarizes the arguments within the scientific discussion about performance management in mining companies and their significance for obtaining competitiveness in the market of mining …
A PROCEDURE FOR PRELIMINARY ECONOMIC …
In the example, it is: Block cost as stripping = Block tonnage x mining cost. Block cost as stripping = 10,000 tons x $0.74/ton = = $7,400.00 By this calculation, each block on the regular 3D block. ER-2905 34 model is assigned with a ''dollar value" and the type of material is classified as ore or waste.
Economic Evaluation :: Instructors
In addition to co-authoring the textbook, "Economic Evaluation and Investment Decision Methods," now in the 16th Edition, 2019, other publications include (1) "Mining Royalties, A Global Study of Their Impact on Investors, Government, and Civil Society, 2006, by The International Bank for Reconstruction and Development, The World Bank (2 ...
Comprehensive quantitative evaluation of the future mining…
Our study scrutinizes the socio-economic benefits from the standpoint of three critical entities: the nation, society, and economy. This comprehensive model can effectively capture the multifaceted benefits of mining from various entities' perspectives, as demonstrated in Fig. 1.From a national perspective, the impact of mineral resource …
Viability analysis of underground mining machinery using …
Based on the aforementioned information, the present work focuses on a viability analysis (techno-economic assessment) of the implementation of hydrogen fuel cells as a primary energy supply in mobile mining machinery. The evaluation would consider the implementation of different components in order to extend the vehicles …
Evaluation of the Performance of Mining Processes after …
The main goal of the paper is to evaluate the performance indicators of mining processes after the implementa- tion of strategic innovation—a new layout of the …
Mining Economics Valuation 2B
Mining Economics Valuation 2B. Second semester. Browse. Browse and Search Search. Explore more content. uj_36963+SOURCE1+SOURCE1.1. pdf (189.81 kB) File info This item contains files with download restrictions. Fullscreen. Mining Economics Valuation 2B. Cite Download (189.81 kB)Share Embed. Version 2.
Investigation into Mining Economic Evaluation Approaches …
Conducting technical and economic evaluations is important for mining investment and mining operation decision-making. Traditional economic evaluation …
MINING ECONOMICS
• Mine Planning Engineers • Financial Accountants • Business Analysts • Mine Management / Superintendents • Management Consultants. COURSE CONTENT. Integrating Economics into Mining. Overview of the Mine Planning process, and application of economic evaluation procedures. Time Value of Money. Value at a …
Evaluation studies of the new mining projects
The FS is a vital basis for the economic evaluation of the potential mining project with an accuracy of ±15%, which significantly increases the project's value. It is almost agreed …
Evaluating investment projects in mining industry by …
The economic efficiency evaluation of replacement of mining equipment is provided for specific conditions of Bogutovo Selo open-pit mine in Ugljevik, Republic of Srpska, …
Economic evaluation and sensitivity-risk analysis of Zarshuran …
The economic evaluation of mining projects is based on values of . variables that are estimated from sparse and/or unreliable data [13]. ... Mine and mill equipment Cost (2006), an estimator's ...
Mineral Resources Evaluation with Mining Selectivity and …
The economic performance of any mining operation will be impacted by misclassification of material. ... mining equipment and mining practice constraints, and other factors. ... C.V. Mineral Resources Evaluation with Mining Selectivity and Information Effect. Mining, Metallurgy & Exploration 37, 965–979 (2020). https ...
Conceptual mine design and economic evaluation of mining …
This study aims the investigation and application of the Mining-Assisted Heavy Oil Production (MAHOP) method of Turkey's largest oil field (1.85 billion barrels of initial oil in place), Bati Raman heavy oil field. Unlike the other Enhanced Oil Recovery (EOR) methods, recovery of the oil will be done by both tunneling operations and …
Evaluation studies of the new mining projects
On the other hand, new mining projects face many challenges, the most important of which are risks related to the economic aspects, e.g., the significant uncertainty about mineral resources ...
A Discrete Event Simulation and Data-Based Framework for Equipment …
Numerous private companies and governmental institutions perform coal mining, and the mining method selection depends on technical and economic evaluations. Although surface mining can be considered economically feasible for some coal deposits, the amount of waste material to be removed, also related to the definition …
Simplified Cost Models for Underground Mine Evaluation a …
The proposed formulation provides an optimal annual extraction rate, together with the optimal utilization of a mining fleet and an equipment acquisition program. This solution eliminates unnecessary capital expenses and is feasible under all geological scenarios. ... From an economic evaluation/tax standpoint, these costs are not fully ...
Evaluating and optimizing the effectiveness of mining …
Abstract. The effectiveness of mining equipment is a huge challenge in mining which affects mining companies' competitive advantage in the global mining …
A novel economic benefit calculation modeling applying to coal mining
Coal is one of the primary energy sources in China. Due to different mining processes, the environmental impact of each mining method varies. Traditional mining methods have relatively low costs but a substantial ecological impact. For example, backfilling mining is environmentally friendly but raises mining costs for surface …
Technical and economic evaluation of fluorescent and
The work of lighting design is often taken too lightly but it is important and necessary to consider a consistent methodology (Fig. 4) for planning and evaluation prior to construction.DIALux software [7] was used to plan the lighting of new levels in the mine. This software is an independent and manufacturer-neutral application that allows one to …
Advanced Analytics for Valuation of Mine Prospects and …
As mentioned before, an FTM summarizes both the financial and technical aspects of a project consistently. The level of detail will depend …
Development of an economic replacement time model …
Abstract. In mining operation equipment replacement represents a strategic decision problem. This paper presents an economic replace-ment time model for mining drill rigs. A total ownership cost minimization model was developed to optimize the lifetime of a drill rig used in Tara underground mine in Ireland.