It recently hosted the second mining technology competition of college and graduate school students.
Korea Resources Corporation (KORES, President: Koh Jung-sik) will adopt three-dimensional modeling technology for resource development projects, while providing it to universities and resource companies in Korea.
As part of this policy, KORES hosted on August 28 the Second Campus Ore Reserve Estimation Arena (COREA) competition at its office building.
The COREA competition is designed to provide a chance of vying mine development technologies using 3-D modeling software to college and graduate school students. Based on results of evaluation on assignments, 7 teams from 4 universities were selected as finalists in the Second COREA competition.
These teams included 2 teams from Kangwon National University, 2 teams from Pukyong National University, 1 team from Seoul National University and 2 teams from Korea Maritime and Ocean University.
The 3-D modeling technology is a new technique of assessing ore reserves and estimating minable ore. Namely, the 3-D modeling technology enables one to estimate confirmed reserves and grade of ore body more accurately after translating the form of useful ore body in 3-D virtual space provided by specialized software, and then calculate optimal minable ore, taking account of realistic economic and technological conditions.
Adoption of the 3-D modeling technology is expected to enhance synergy in resource development projects in Korea as well as those in other countries.
In an effort to raise success rate of projects and expand base of resource development industry, KORES is adopting 3-D modeling technology for exploration infrastructure to assess reserves at mines in Korea and other countries.
The COREA contest in this year was designed to foster specialists with excellent mining technologies through competition among college students majoring in geological features and resource engineering. It also aimed at building ecosystem in resource industry. In the competition, student teams presented various cases that can be adopted for resource development, such as ore body modeling, assessment of reserves, optimization of open stopes, and design of open-pit mines.
President Koh Jung-sik of KORES said, “Companies in Korea will be able to take leading position in the global resource market when they are equipped with outstanding technologies. In order to upgrade resource development technologies in Korea, the government needs to support the industry to adopt advanced mining technologies and universities to educate professional manpower.”
Source : todayenergy