Document Type	Master's Dissertation
Author	De Jongh, Iwan
URN	etd-06262012-152130
Document Title	Optimal production rates in opencast coal mining : a value driven approach
Degree	MSc
Department	Geology
Supervisor	Advisor Name Title Mr C C Callagham Co-Supervisor Prof P Eriksson Supervisor
Keywords	multi-national mining houses opencast coal mining
Date	2012-04-13
Availability	unrestricted
Abstract From small exploration companies to multi-national mining houses all at some point in the project lifetime embark on evaluation studies where the most value-generating method of extracting the ore is investigated. Early phases in exploration projects will have the need for an order-of-magnitude estimation as to the scale of the potential operation, and advanced projects will have detailed mine and financial plans to guide them to execution. In both instances this thesis provides a method of optimising the mining rate to deliver the highest possible value to the mining company whilst considering the possible risks from changes in the market. This can be compared to the value the country gains from the exploitation of its natural resources to find a mutually beneficial solution. Copyright © 2011, University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria Please cite as follows: De Jongh, I 2011, Optimal production rates in opencast coal mining : a value driven approach, MSc dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://upetd.up.ac.za/thesis/available/etd-06262012-152130 / > E12/4/465/gm
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