Investment Risks Reduction of Developing Coal Deposits on the Basis of Quantitative Assessment Method of the Geological Information Confidence

DOI

10.2991/coal-18.2018.58How to use a DOI?

Keywords

investment risk, mining risk, quantitative assessment methods, confidence of mineral reserves, coal deposits.

Abstract

Approaches to the assessment of mining risk, which is the risk of subsequent disconfirmation of the quantity and conditions of the coal reserves existence, are given and summarized in the paper. It is shown that the methods of its assessment are developing in the way of quantitative methods application. It is indicated that geostatistical methods, which are widely used to assess the confidence of reserves, are not effective with coal deposits. The essence of the geometric method, which is more effective with coal deposits, is shown. This method is recommended to be used in Russia and within international expertise of coal reserves.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Аleksandr Kopytov
AU  - Tamara Rogova
AU  - Sergey Shaklein
PY  - 2018/10
DA  - 2018/10
TI  - Investment Risks Reduction of Developing Coal Deposits on the Basis of Quantitative Assessment Method of the Geological Information Confidence
BT  - Proceedings of the 9th China-Russia Symposium "Coal in the 21st Century: Mining, Intelligent Equipment and Environment Protection" (COAL 2018)
PB  - Atlantis Press
SP  - 320
EP  - 325
SN  - 2352-5401
UR  - https://doi.org/10.2991/coal-18.2018.58
DO  - 10.2991/coal-18.2018.58
ID  - Kopytov2018/10
ER  -