The Effective Management of Geologic Risk in Mining: Mine Planning Under Geologic Uncertainty Second Edition - Image 1

£88.00

LAP Lambert Academic Publishing The Effective Management of Geologic Risk in Mining: Mine Planning Under Geologic Uncertainty Second Edition

Name: The Effective Management of Geologic Risk in Mining: Mine Planning Under Geologic Uncertainty Second Edition
Brand: LAP Lambert Academic Publishing
Price: 88.0 GBP
Availability: InStock

Higher Education

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Description

Investment in mining projects, like most business investment, is susceptible to risk and uncertainty. The ability to effectively identify, assess and manage risk may enable strategic investments to be sheltered and operations to perform closer to their potential. In mining, geological uncertainty is seen as the major contributor to not meeting project expectations. The need to assess and manage geological risk for project valuation and decision-making translates to the need to assess and manage risk in any pertinent parameter of open pit design and production scheduling. This is achieved by explicitly taking geological uncertainty into account as part of the mine optimization process. This thesis develops a method that enables geological uncertainty to be effectively modeled and the resulting risk in long-term production scheduling to be quantified and managed. In addition to maximizing economic returns, the new method minimizes the risk of deviating from production forecasts. This ability represents a major advance in the risk management of mining projects and operations.

Product Specifications

Brand: LAP Lambert Academic Publishing
Format: paperback
ASIN: 6209732313
Category: Books > Subjects > Science, Nature & Maths > Earth Sciences > Education > Higher Education
Domain: Amazon UK
Release Date: 19 March 2026
Listed Since: 11 April 2026

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LAP Lambert Academic Publishing The Effective Management of Geologic Risk in Mining: Mine Planning Under Geologic Uncertainty Second Edition

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