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Spring 2021
Different quantities of information are available at various stages of the development of a mining project. Consequential decisions are made given the data available at the time. Geological uncertainty due to sparse data presents economic risks. The collection of additional information reduces...
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Spring 2016
Uncertainty in resource estimation affects long-term development, planning, and investment decisions. Therefore, there is a need to make the best decisions considering all available data and different modeling approaches. This thesis develops a conceptual framework for resource modeling with...
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