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The influence of variability models for selected geological parameters on the resource base and economic efficiency measures - Example of coking coal deposit

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  • Kopacz, Michał
  • Kulpa, Jarosław
  • Galica, Dominik
  • Olczak, Piotr

Abstract

In the research we examined the influence of a few geostatistical models (interpolators and kriging models) on the resource base and economic efficiency measures, on the example of coking coal deposits. The research was carried out in scenario-based mode, with 4 alternative analytic models prepared.

Suggested Citation

  • Kopacz, Michał & Kulpa, Jarosław & Galica, Dominik & Olczak, Piotr, 2020. "The influence of variability models for selected geological parameters on the resource base and economic efficiency measures - Example of coking coal deposit," Resources Policy, Elsevier, vol. 68(C).
    • Handle: RePEc:eee:jrpoli:v:68:y:2020:i:c:s030142071930978x
    DOI: 10.1016/j.resourpol.2020.101711
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    References listed on IDEAS

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    1. Rademeyer, Maryke C. & Minnitt, Richard C.A. & Falcon, Rosemary M.S., 2019. "A mathematical optimisation approach to modelling the economics of a coal mine," Resources Policy, Elsevier, vol. 62(C), pages 561-570.
    2. Matyjaszek, Marta & Wodarski, Krzysztof & Krzemień, Alicja & Escanciano García-Miranda, Carmen & Suárez Sánchez, Ana, 2018. "Coking coal mining investment: Boosting European Union's raw materials initiative," Resources Policy, Elsevier, vol. 57(C), pages 88-97.
    3. Kopacz, Michał & Sobczyk, Eugeniusz J. & Galica, Dominik, 2018. "The impact of variability and correlation of selected geological parameters on the economic assessment of bituminous coal deposits with use of non-parametric bootstrap and copula-based Monte Carlo sim," Resources Policy, Elsevier, vol. 55(C), pages 171-183.
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    Cited by:

    1. Sobczyk, Eugeniusz J. & Galica, Dominik & Kopacz, Michał & Sobczyk, Wiktoria, 2022. "Selecting the optimal exploitation option using a digital deposit model and the AHP," Resources Policy, Elsevier, vol. 78(C).

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