A comparative study of kriging and simulation-based methods in classifying ore and waste blocks

Ore grade is the most important source of uncertainty in a mining operation which plays an important role to classify run-of-mine (ROM) material into ore and waste parcels. As a widely used method, kriging estimator is used to estimate the grade of ore blocks. In conventional mining practices, if the estimated grade of a parcel is above the cut-off grade, this parcel is classified as ore, otherwise, is labelled as a waste parcel. An alternative approach is to simultaneously consider the grade of parcels and the economic consequences of sending parcels to destinations by applying simulation-based methods. In this study, kriging and simulation-based methods including loss and profit functions are applied on a real-world case study to classify ore/waste material based on the initial exploration data. Then, the actual known data, collected from blast holes samples, are compared with the estimated results in order to validate the performance of the presented methods. Outcomes show that simulation-based methods can perform better and show more adjustability with real data.