A4 Conference proceedings

Integrating water balance modelling in the economic feasibility analysis of metals mining


Open Access publication

Publication Details
Authors: Savolainen Jyrki, Collan Mikael, Luukka Pasi
Publication year: 2017
Language: English
Related Journal or Series Information: LUT Scientific and Expertise Publications : Tutkimusraportit - Research reports
Title of parent publication: Proceedings of the 13th International Mine Water Association Congress (IMWA 2017)
Volume number: 1
Issue number: 63
Start page: 478
End page: 484
Number of pages: 7
ISBN: 978-952-335-065-6
eISBN: 978-952-335-066-3
ISSN: 2243-3376
JUFO-Level of this publication: 0
Open Access: Open Access publication

Abstract

Realization of mine water management related risks can, e.g., cause temporary shut-downs
of mining operations leading to decreased economic returns of metal mining operations. In this paper, a
techno-economic system model for metal mines is applied to study this issue. The usability of the model
is illustrated with a numerical simulation to analyze the effect of including the additional (unlimited)
water storage capacity on the mine profitability and on mine value. The illustrated method allows
modeling of water management investments within mining investments, while traditional analyses
tend to present water balance modeling and mining profitability as separate issues


Last updated on 2018-10-12 at 09:52

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