Conference Proceedings
Fifth Large Open Pit Mining Conference
Conference Proceedings
Fifth Large Open Pit Mining Conference
Beyond Reconciliation - A Proactive Approach to Using Mining Data
Anyone who has driven backwards using only their rear view mirrors knows how difficult it is to avoid spinning the steering wheel the wrong way. So why run your mine that way? Traditionally Reconciliation has focused on the past performance of the mine. In this paper we make a case for Prognostication - the act of forecasting or predicting something in the future from present indications or signs. Reconciliation is a common activity carried out at most mines around the world. Countless geologists and engineers spend hours poised in front of spreadsheets diligently comparing how their resource/reserve model, grade control, and survey pick ups compare to what was actually produced. The result is usually a group of factors, which are applied to future estimates in an attempt to better predict how the operation may perform. Unfortunately, if the road ahead isn't the same as what you have just been down, you'll be off-roading' in no time! An alternative is to constantly collect and analyse key measurements that are used to calibrate critical estimates in an iterative process. When variations occur, they are analysed and corrective action is taken to ensure the estimates and measurements realign. In this way the estimates become forecasts and can then form the basis for decision making to ensure that what does happen in the future will match the plan or schedule. By automating this process, some mines have been able to be proactive on a daily basis in order to improve the overall performance of the operation. This paper outlines the key estimates and measurements used for reconciliation, details the characteristics of an automated web based information management system to facilitate the process and provides some insights about how mining operations might move beyond reconciliation.
Contributor(s):
C Morley
-
Beyond Reconciliation - A Proactive Approach to Using Mining DataPDFThis product is exclusive to Digital library subscription
-
Beyond Reconciliation - A Proactive Approach to Using Mining DataPDFNormal price $22.00Member price from $0.00
Fees above are GST inclusive
PD Hours
Approved activity
- Published: 2003
- PDF Size: 0.626 Mb.
- Unique ID: P200307010