Closed Loop Management in Mineral Resource Extraction

Book excerpt: This book describes an innovative closed-loop concept that allows the feedback of online data from operational monitoring to create mining intelligence. The application of this concept promises significant improvements in economic and environmental key performance indicators for any mining operation. Combining theory with industrial case studies, the book guides readers through this process by providing theoretical background, addressing practical issues related to operational implementation, and illustrating the impact on selected examples. This new concept is presented using the example of a bulk and gold mining application, but is applicable at any mine where grade control is important. The book is of interest to industrial professionals involved in operational monitoring, mining intelligence, and mine planning optimization, as well as to researchers and academics in the field of applied geostatistics.