2012 CIM, SME, AusIMM, SAIMM and McGill
Professional Development Seminar Series
Professional Development Seminar Series / Strategic Risk Quantification and Management for Ore Reserves and Mine Planning
| September 5-7, 2012 |
An Introduction to Cutoff Grades Estimation: Theory and Practice in Open Pit and Underground Mines |
| September 10-14, 2012 | |
| September 24-26, 2012 | |
| September 2012 |
Strategic Risk Management in Mine Design: From Life-of-Mine to Global Optimization |
| October 22-25, 2012 |
Mineral Project Evaluation Techniques & Applications: From Conventional Methods to Real Options |
| Starts May 14, 2012 |
New! – Certification in Ore Reserve Risk and Mine Planning Optimization |
For more information please contact:
Deborah Frankland
Department of Mining and Materials Engineering, McGill University
Frank Dawson Adams Building, Room 123A
3450 University Street
Montreal, Quebec
H3A 2A7, Canada
Tel.: (514) 398-4755, ext. 089638
Fax: (514) 398-7099
E-mail: admcrc.mining@mcgill.ca
Website: http://cosmo.mcgill.ca
| An Introduction to Cutoff Grades Estimation: Theory and Practice in Open Pit and Underground Mines |
DATE: September 5-7, 2012 TIME: 9:00 am to 5:00 pm PLACE: Montreal, Canada INSTRUCTOR: Jean-Michel Rendu, Newmont Mining Corporation, USA REGISTRATION: Download registration form CONTENT & OBJECTIVES: This course will show how direct and indirect costs, opportunity costs imposed by operational constraints, and other factors, such as political risk, legal, environmental, and regulatory requirements, must be taken into account. The course’s focus: Mathematical equations are developed and graphical analytical methods are displayed, which can be used to solve most cutoff grade estimation problems. It is shown how minimum cutoff grades are estimated and how they must be modified to take into account constraints imposed by mine or mill capacity, or by limits on sales volumes. Multiple practical examples are given, illustrating the role of cutoff grades in mine planning, in allocating material to different processes, in optimizing mill operating conditions, and in poly-metallic deposits. Examples also show the relationship between cutoff grades and the design of pushbacks in open pit mines, the development of new stopes in underground selective mining, and the optimization of block sizes in caving methods. The relationship between mine selectivity, deposit modeling, ore control and cutoff grade is also discussed. Included in the course of registration is a copy of the instructor’s book "An Introduction to Cutoff Grade Estimation". Please note: It is strongly recommended that participants bring a laptop. |
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Geostatistical Mineral Resource/Ore Reserve Estimation & Meeting the New Regulatory Environment: Step by Step from Sampling to Grade Control |
DATE: September 10-14, 2012 TIME: 9:00 am to 5:00 pm PLACE: Montreal, Canada INSTRUCTORS:
REGISTRATION: Download registration form CONTENT & OBJECTIVES: From government or a company decision-makers perspective, exploration and/or development decision will be made, typically in a fixed timeframe, and uncertainty is to be expected – the real question is how well informed will the decision-maker be before the decision? Quantitative mineral resources assessments (called QRA) are designed to provide government and industry decision-maker. You will learn to:
Please note: It is strongly recommended that participants bring a laptop. |
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Quantitative Mineral Resource Assessments: An Integrated Approach to Planning for Exploration Risk Reduction |
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DATE: September 24-26, 2012 TIME: 9:00 am to 5:00 pm PLACE: Montreal, Canada INSTRUCTORS:
REGISTRATION: Download registration form CONTENT & OBJECTIVES: From a company decision-makers perspective, exploration and/or development decision will be made, typically in a fixed timeframe, and uncertainty is to be expected—the real question is how well informed will the decision-maker be before the decision? Quantitative mineral resources assessments (called QRA) are designed to provide government and industry decision-makers with information about undiscovered resources. By their nature, these assessments reflect a great deal of uncertainty and, possibly, risk (that is, probability of loss). An important benefit of quantitative assessments is that the uncertainty is stated explicitly, which allows us to identify its sources and possibly reduce both uncertainty and risk. Among the possible sources of uncertainty in amounts of economic resources are: number of undiscovered deposits, possible locations of these deposits, possible grades and tonnages of the deposits, adverse effects of cover, chances of discovery, beneficiation opportunities, mining methods and costs, timing of investments and production, and prices of metals.
Please note: It is strongly recommended that participants bring a laptop. |
| Strategic Risk Management in Mine Design: From Life-of-Mine to Global Optimization |
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DATE: September 2012 PLACE: Toronto, Canada INSTRUCTORS:
REGISTRATION: Available shortly... CONTENT & OBJECTIVES: This three-day course presents a new generation of applied conditional simulation technologies for assessing orebody uncertainty and effects on risk analysis and cash flow considerations. Emphasis is placed on the downstream applications pertinent to the feasibility, design, development, and planning stages of mining ventures, as well as in the financial optimization of relevant aspects of operations and production. New public domain software with graphic capabilities is introduced and provided to participants. Participants will:
Please note: It is strongly recommended that participants bring a laptop. |
| Mineral Project Evaluation Techniques & Applications: From Conventional Methods to Real Options |
DATE: October 22-25, 2012 TIME: 9:00 am to 5:00 pm PLACE: Montreal, Canada INSTRUCTOR: Michel Bilodeau, McGill University, Canada REGISTRATION: Download registration form CONTENT & OBJECTIVES: This four-day course presents the basics of economic/financial evaluation techniques, as well as the practical implementation of these techniques to mineral project assessment. Participants will:
The course’s focus:
Please note: No previous background in economic/financial analysis is required, but some practical experience in the mineral industry and familiarity with mining terminology is desirable. A laptop may be helpful but is not essential. |
| NEW! – Certification in Ore Reserve Risk and Mine Planning Optimization |
DATES:
TIME: 9:00 am to 5:00 pm PLACE: Montreal, Canada INSTRUCTOR: Roussos Dimitrakopoulos, McGill University, Canada REGISTRATION: Visit McGill.ca CONTENT & OBJECTIVES: Spread over a period of four months, this four-week course is designed for busy mining professionals who wish to update their skills and knowledge base in modern modelling techniques for orebodies and new risk-based optimization methodologies for strategic mine planning. Students will have the opportunity to gain practical experience by applying hands-on the concepts and technical methods covered in class. Topics covered include:
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