RSE3020 - Resource estimation - Monash University

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Overview

The mineral inventory of a company is quantified through resource or reserve estimates with associated error levels that, in many cases, are unknown. The estimation procedure used by a geologist or engineer should incorporate efforts to minimise errors and assumptions at every level of decision. This unit focuses on resource … For more content click the Read More button below.

This unit focuses on resource and reserve estimation of mineral ores and hydrocarbon deposits, with particular focus on the influence of the in situ geological conditions. You will learn the basics of resource and reserve reporting with particular reference to applicable industry codes. Resource modelling will be taught through computer applications with special consideration of geostatistical techniques.

Offerings

S1-01-CLAYTON-ON-CAMPUS

Requisites

Prerequisite

Rules

Enrolment Rule

Contacts

Chief Examiner(s)

Professor Jeffrey Walker

Unit Coordinator(s)

Associate Professor Mohan Yellishetty

Learning outcomes

On successful completion of this unit, you should be able to:

Appreciate the difference in sampling methods applicable for various resource types.

Construct resource models from exploration datasets using industry standard software tools.

Apply different statistical and geostatistical tools and techniques for evaluating the grade and tonnage of mineral resources.

Assess the merits and drawbacks of various estimation methods relevant to deposit type and quantify the uncertainty and risk associated with different estimation techniques.

Generate resources and reserve reports using applicable industry codes.

Assessment summary

Continuous assessment: 50%

Final assessment: 50%

This unit contains a hurdle requirement that you must achieve to be able to pass the unit. You are required to achieve at least 45% in the total continuous assessment component and at least 45% in the final assessment component. The consequence of not achieving a hurdle requirement is a fail grade (NH) and a maximum mark of 45 for the unit.

Workload requirements

Workload

Other unit costs

Costs are indicative and subject to change.
Electronics, calculators and tools: From 2020 you are required to have a Casio FX-82AU (any version) scientific calculator OR Texas Instruments 30XB scientific calculator - $50. More information