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This paper discusses techniques for estimating treatment plant operating costs, including identification of high impact cost areas and expected key cost variations year by year.
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This paper describes some of the lessons learnt in building a portfolio model of petroleum assets. The example is based on the evaluation of an acquisition opportunity, a setting which imposed its own constraints on the methodology.
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The application and benefits of Monte Carlo simulation in optimising the growth portfolio of Kumba Resources, a diversified mining company based in South Africa.
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A mining corporation is evaluating a small underground gold mining project containing an estimated one million ounces of gold.
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When drilling wells in certain types of terrain, the performance of a drill bit erodes with time because of wear. The problem is to determine the optimum replacement policy; that is, the drilling cycle between replacements.
