8th Fennoscandian Exploration and Mining - FEM 2011

 

SOLD OUT - Pre-Conference Short Course
Resource Estimation and Evaluation in the New Millennium 

Ian Glacken is a geologist and geostatistician with almost 30 years international experience in the mining industry. He was educated in the UK, the USA and Australia. Ian worked for WMC resources worldwide for 16 years and then was General Manager - resources and training for the Snowden Group for over 10 years. At Optiro, Ian is a Director and Principal Consultant. Ian has presented over 200 courses to thousands of students over a 20 year period and specialises in resource estimation, auditing, QAQC and reconciliation studies.  www.optiro.com

Details of the content:

• What are we looking for in a resource estimate? The market perspective, the company perspective, the regulatory perspective.
• Key concepts - Volume-variance, the scale of mining, grade and geological continuity.
• The importance of the underlying data - data quality and validation.
• Getting the geology right - examples of geological and statistical domaining.
• How to build and verify a 3D geological model.
• The numerical aspect - data preparation and treatment.
• Measuring grade continuity - the variogram.
• Choosing estimation parameters and running the grade estimate.
• Have we got the correct answer? Resource validation techniques.
• Classification principles.
• Meeting the market regulations - JORC, 43-101, and other codes - similarities and differences.
• Preparing the model for evaluation - the change of support.
• Evaluation techniques - open pit and underground orebodies.
• Tying it all together - the financial model and key considerations.
• What about risk? Tools for measuring and accounting for uncertainty.

The registration fee includes the course programme and materials, lunch and refreshments during breaks.

Participants:        minimum 25, maximum 80 persons