GED 366 — Mineral Economics and Evaluation
BSc BSc Geological Engineering · Kwame Nkrumah University of Science and Technology
Fundamental concepts and definitions. Processes leading to the discovery and successful exploitation of a mineral deposit. Basic mineral rights issues. Mine Sampling. Ore reserve/resource computations: average grade calculations along boreholes, channel sample grades, and evaluation of blocked reserves. Geometrical methods of ore estimation including inverse distance weighting methods. Operational efficiencies and computations for grade control: metallurgical recovery, tonnage factor, mine call factor, extraction ratio, ore dilution and cut off grades. Ore resource/reserve classification. Company formation and capitalization. Costs and cost estimation procedures. Depreciation of mining assets and capital allowance. Preparation of cashflows and mine Investment appraisal methods, including Payback, NPV and IRR.
- Credits
- 0
- Level
- Year Three
- Semester
- Semester Two
Other courses on this programme
- CE 359 — Soil Mechanics
- CE 360 — Foundation Engineering
- GED 351 — Petrology
- GED 352 — Principles of Geochemistry
- GED 353 — Mining Principles
- GED 354 — Principles of Geophysics
- GED 355 — Engineering Geology I
- GED 357 — Basic Hydrology
- GED 358 — GIS & Remote Sensing
- GED 359 — Computer Applications
- GED 362 — Geological Field Mapping
- GED 364 — Structural Geology
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Start freeCourse details from Geological Engineering - Department of Geological Engineering, KNUST.