The Art and Science of Resource Estimation (Code: )

This book is for Resource Analysts, especially if you are new to generating resource models.

Based on conceptual explanations and practical applications, the purpose of this book is to help accelerate your learning of the resource estimation process by focussing on the implications of decisions rather than on the mathematics of geostatistics.

This is not a book where you will learn the theory of geostatistics – there are many of those already. You will not find detailed discussions about formulae or debates about the current topical Geostatistical technique.

This book is about the practical side of generating a resource model for the mining industry. The focus is on the process and  an evidence-based approach to selecting the most appropriate geostatistical tools.

You will encounter many vagaries during resource estimation. These are in response to the uniqueness of the orebodies we want to model. Like people, each orebody has its own personality, its own history and it is our challenge to describe the richness of these orebodies in as much detail as we can through our geostatistical toolset.

This book was written for Resource Analysts, especially if you are new to generating resource models. Based on a collection of hints and tips, the purpose here is to help accelerate your learning of the estimation process by focussing on the implications of decisions rather than on the mathematics of geostatistics.

It has been a pleasure to work with so many commodities in a variety of geological settings around the world. Best of all, working in the mining industry has exposed me to the wonderful world of reconciliation. The opportunity to generate a resource model and follow it through mining and reconciliation provides true learning of what works when.

Having presented geostatistical/resource estimation courses since 1990, I have learnt from a diverse range of course participant’s questions and perspectives. I owe so much to those of you who have helped direct my learning through your questions and observations. Your questions have always had a practical basis and have spurred my interest in the side of geostatistics that really matters – the practical let’s-build-a-model-of-reality side of geostatistics. After all, geostatistics and all the techniques are just tools. How we use them, what we think about before and when we use them and what we assume and know when we use them really shape our resource models.

This is not a book where you will learn the theory of geostatistics – there are many of those already. You will not find detailed discussions about formulae or debates about the current topical Geostatistical technique. This book is about the practical side of generating a resource model. The focus is on the process and an evidence-based approach to selecting the most appropriate geostatistical tools. I have attempted to distil the learning my mentors have shared with me.

You will encounter many vagaries during resource estimation. These are in response to the uniqueness of the orebodies we want to model. Like people, each orebody has its own personality, its own history and it is our challenge to describe the richness of these orebodies in as much detail as we can through our geostatistical toolset.

Here is to your learning and the great opportunity to understand the world a little better.

Jacqui Coombes

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