Statistical Valuation of Ore Reserves (MINN7007A)

Overview

This advanced short course provides mining professionals with the statistical and analytical tools required for accurate mineral resource evaluation. Students explore classical and lognormal statistics, confidence interval calculations, grade-tonnage models, hypothesis testing, and multivariable regression. Emphasis is placed on understanding and validating statistical assumptions underlying resource data and applying estimation techniques to evaluate mineral potential using sampling and drilling data. Participants engage in in-depth data analysis relevant to modern software modelling practices. Designed for mine surveyors, engineers, resource evaluation specialists, and mining managers, the course bridges theory and practice to support informed decision-making in the mineral value chain. A quality-assured certificate from the University of the Witwatersrand is issued on successful completion.

Duration

10 Weeks

Format

80 hours of lectures over 4 weeks

Pricing

VAT Incl. = R26,600.00