• Title/Summary/Keyword: mineral appraisal

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Technical and Financial evaluation for mineral project (광물자원 프로젝트의 기술성 및 경제성 평가 기법)

  • Cho, Seong-Jun
    • 한국지구물리탐사학회:학술대회논문집
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    • 2009.05a
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    • pp.101-118
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    • 2009
  • In order to invest in overseas mineral projects, it is necessary to have a ability of technical and financial evaluation. Reserve estimation is the most important for mineral appraisal. Geostatistical evaluation of tonnage and grade promises more accurate reserve estimation than traditional methods such as polygon, inverse distance method and so on even if it has some uncertainty. Selection of a mining method and a mineral processing is also important because capex and opcosts of a mineral project is due to the selection. Mineral project is usually evaluated financially using NPV and IRR which are calculated through DCF(Discount Cash Flow). Uncertainty of a mineral project is analyzed statistically using sensitivity analysis and montecarlo simulation.

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A Study on CO2 injectivity with Nodal Analysis in Depleted Oil Reservoirs (고갈 유전 저류층에서 노달분석을 이용한 CO2 주입성 분석 연구)

  • Yu-Bin An;Jea-Yun Kim;Sun-il Kwon
    • Journal of the Korean Institute of Gas
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    • v.28 no.2
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    • pp.66-75
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    • 2024
  • This paper presents development of a CO2 injectivity analysis model using nodal analysis for the depleted oil reservoirs in Malaysia. Based on the final well report of an appraisal well, a basic model was established, and sensitivity analysis was performed on injection pressure, tubing size, reservoir pressure, reservoir permeability, and thickness. Utilizing the well testing report of A appraisal well, permeability of 10md was determined through production nodal analysis. Using the basic input data from the A appraisal well, an injection well model was set. Nodal analysis of the basic model, at the bottomhole pressure of 3000.74psia, estimated the CO2 injection rate to be 13.29MMscfd. As the results of sensitivity analysis, the injection pressure, reservoir thickness, and permeability tend to exhibit a roughly linear increase in injection rate when they were higher, while a decrease in reservoir pressure at injection also resulted in an approximate linear increase in injection rate. Analyzing the injection rate per inch of tubing size, the optimal tubing size of 2.548inch was determined. It is recommended that if the formation parting pressure is known, performing nodal analysis can predict the maximum reservoir pressure and injection pressure by comparing with bottomhole pressure.

A "Learning" System as an Economic Forecasting Tool in Mineral and Energy Industry -Case Study of U. S. Petroleum Resource Appraisal- (광물 및 에너지 분야 경제 예측 방법으로서의 배움모형)

  • Jeon, Gyoo Jeong
    • Economic and Environmental Geology
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    • v.23 no.3
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    • pp.323-328
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    • 1990
  • This study explores that learning model that has been employed for many years in the description of and projection of system or process performance promises to be very useful in long-term forecasting, especially of technology or related productivity measures, in mineral and energy industries. This study also provides some empirical results on the measurement of the learning curve in U. S. petroleum resource assessment and demonstrates how the learning system can be used as an economic forecasting tool.

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A Study on Public Relations Strategy and Program on Geo-Technology R&D Outcome (지질자원기술 연구개발성과에 대한 홍보 전략 및 방안 연구)

  • Kim, Chan-Souk;Kim, Seong-Yong;Lee, Jae-Rock
    • Economic and Environmental Geology
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    • v.40 no.6
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    • pp.797-804
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    • 2007
  • This study was carried out to analyze public recognition of geo-technology and its outcome. On the basis of the study, the task of PR/communication to promote status of geo-technology and the PR program by stage(SMTCR) for strategy of geo-technology outcome were suggested as follows; operation of PR committee and plus-one appraisal system on a sender scope, media caravan tour and opinion editorial for geo-technology on a message scope, geoscience award and active use of "the year of earth science" on a tool and channel scopes, and regular measurement of public response and regular appraisal of PR goal/results on a receiver scope.

Variogram Analysis for Spatial Similarity Measures : A Case Study using Geochemical Data Sets in the Taebaek Area (공간적 상관도 측정을 위한 변이도 분석 : 태백지역의 지화학자료를 이용한 사례 연구)

  • Lee, Kiwon;Kwon, Byung-Doo
    • Economic and Environmental Geology
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    • v.28 no.3
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    • pp.271-277
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    • 1995
  • The geological information analysis based on spatial statistical techniques have been studied in relation to mineral exploration. The applicability of outlier detection using moving-window statistics and directional cross-variography analysis have been verified by using geochemical data sets surveyed in the Taebaek area for mineral exploration. The directional variogram analysis has been basically known as a geostatistical method for spatial continuity measures. In this study, the application of this proposed method was extended to measure spatial correlation or similarity problems between two geochemical elements. For the appraisal of the usefulness of this scheme, five kinds of variogram functions were computed for original data and revised data, obtained by removing outliers detected by moving-window statistics and the results were compared. It is concluded that these advanced spatial statistical methods at the interpretation stage of spatial similarity provide us with valuable quantitative results as decision-supporting information for regional mineral exploration task.

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A Study on the Current Status of Calcium fortification in the Processed Foods in Korea (우리나라 가공식품의 칼슘강화 현황에 관한 조사 연구)

  • 김욱희;김을상;유인실
    • Journal of the Korean Society of Food Science and Nutrition
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    • v.31 no.1
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    • pp.170-176
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    • 2002
  • The objective of this study was to investigate the current status of calcium fortification in processed foods for obtaining basic data on nutrition fortification policy and nutrition labeling, Surveyed samples were the products fortified wish calcium among processed products sold in department store and large mart in Seoul from Aug. 1998 to Aug. 1999. But supplementary health food or special nutritious food and weaning food and infant formula were excluded from them. We examined the kinds and numbers of added nutrients except calcium and the amounts of calcium per 100 g product and nutrient labeling of calcium-fortified foods. Surveyed products were 81 foods and they were grouped in grain products, milk and milk products, processed meat and fishes, ramyuns, retort pouch foods, fruit juice and drinks. and others. Calcium fortification was found in wide food groups, especially in snack foods and carbonated beverages. In relation to surveyed products, most of them were fortified with only calcium. The number of added nutrients in the product were relatively various in comparison with each food groups. In addition to calcium, the most frequently added nutrient was DHA, and were followed vitamin, mineral, oligosacchride, fiber, etc. This result showed that the kind(s) and the number(s) of nutrient added to product did not consider nutrition balance of calcium-fortified foods. Units of calcium content were decided by companies, therefore consumers confused labelled content with mouth dose of calcium and the comparison of the amounts added calcium among products was difficult. The amounts of calcium in products were from 16.4 to 1226 mg Per 100 and from 2.5 to 27.6% RDA (recommended daily allowance) per serving size. The amounts of calcium in many products were less than 10% RDA per serving size, whole appraisal about fortified content was needed. And for nutrient labeling on calcium, they used various term whether it is approved by law or not.