Print Email Facebook Twitter Value of Information Introduced by a Resource Model Updating Framework Title Value of Information Introduced by a Resource Model Updating Framework Author Yuksel-Pelk, C. (TU Delft Resource Engineering) Minnecker, Corinna (University of Technology Bergakademie Freiberg) Soleymani Shishvan, M. (TU Delft Resource Engineering) Benndorf, J. (University of Technology Bergakademie Freiberg) Buxton, M.W.N. (TU Delft Resource Engineering) Date 2018-01-01 Abstract A primary concern of the mining industry is to meet production targets, which are required and defined by customers. Deviations from these targets, in terms of quality and quantity, highly affect the economical aspect. Recently, an efficient resource model updating framework concept has been proposed aiming for the improvement of raw material quality control and process efficiency in any type of mining operation. The concept integrates online sensor measurements, obtained during production, into the resource model. In this way, due to the spatial variability, quality attributes of the blocks that will be produced in the next days or weeks are being updated based on real-time measurements. The concept has been applied in a lignite field with the aim of identifying local impurities in a lignite seam and to improve the prediction of coal quality attributes in neighbouring blocks. This paper investigates the added value of using the resource model updating framework by using the value of information analysis. The expected benefit of additional information (integration of the online sensor measurements into the resource model) is compared to a case where there is no additional information integrated into the process. These benefits are evaluated based on the economic impact determined by applying the resource model updating framework in mine planning. Subject LigniteMine planningOptimizationReal applicationResource model updatingSimulation To reference this document use: http://resolver.tudelft.nl/uuid:a71452f0-ad74-49ef-a02d-2ff683aba3fd DOI https://doi.org/10.1007/s11004-018-9770-x ISSN 1874-8961 Source Mathematical Geosciences, 51 (2019), 925-943 Part of collection Institutional Repository Document type journal article Rights © 2018 C. Yuksel-Pelk, Corinna Minnecker, M. Soleymani Shishvan, J. Benndorf, M.W.N. Buxton Files PDF 10.1007_s11004_018_9770_x.pdf 2.27 MB Close viewer /islandora/object/uuid:a71452f0-ad74-49ef-a02d-2ff683aba3fd/datastream/OBJ/view