T

M
n

L
G

785.,6+1$7,2

785.,6+1$7,21$/&200,77((

:;(5)<3

'ULQDVL(6..$<$

67$1%8/

:,7;,4),9

40505.
*65.9,:: ,?76

UK>693+

6-8 MAYIS 2009 / ANTALYA

E

k
e

E
n

.
l

.
I

(
(

1
f

7
6

4
r

1
1

b
e
0
0



1
1

0
0

5
5

0
0

6
6

8
8

7
7

9
9
A

UK>693+

40505.
*65.9,:: ,?76
:,7;,4),9

:;(5)<3

'ULQDVL(VNLND\D

QG

&

3XEOLVKHGE\$\GRGX2IVHW$QNDUD7XUNH\
3KRQH)D[
,6%1


 7DNP
 &LOW

$GUHVV

3KRQH
:HE
(3RVWD







7KH&KDPEHURI0LQLQJ(QJLQHHUVRI7XUNH\
6HODQLN&DG.]OD\$1.$5$785.(<
)D[
ZZZPDGHQRUJWU
PDGHQ#PDGHQRUJWU

ORGANIZING BOARD
WMC Turkish National Committee
Chamber of Mining Engineers of Turkey
CONGRESS CHAIRMAN

Rifat KONT

ORGANIZING COMMITTEE
WMC Turkish National Committee,
WMC IOC Member
Chamber of Mining Engineers of Turkey
Mining Development Foundation of Turkey

Rifat KONT
Mehmet TORUN
Prof. Dr. Gven NAL

ADVISORY BOARD
WMC Turkish National Committee,
:0&,2&0HPEHU
General Director of MTA
General Director of MIGEM
General Director of TKI,
WMC IOC Member
*HQHUDO'LUHFWRURI77.
*HQHUDO0DQDJHURI(70LQLQJ
3UHVLGHQWRI%25(1
President of TUMMER
3UHVLGHQWRI&RXQFLORI0LQLQJ6HFWRU
President of Gold Miners Association

Dr. Selahaddin ANA

%XUKDQ1$1
2UKDQ<,/0$=
'UNUg=7h5.
Selahattin ONUR
VPHW.$6$32/8
mit AKDUR

EXECUTIVE COMMITTEE
3UHVLGHQW$WOP8QLYHUVLW\
6HFUHWDU\0LGGOH(DVW7HFKQLFDO8QLYHUVLW\
Chamber of Mining Engineers of Turkey
'HSXW\*HQHUDO0DQDJHURI07$
Chamber of Mining Engineers of Turkey
Chamber of Mining Engineers of Turkey
Chamber of Mining Engineers of Turkey
0LQLQJ'HYHORSPHQW)RXQGDWLRQRI7XUNH\
Mining Development Foundation of Turkey
Deputy General Director of Eti Mining

3URI'U*OKDQg=%$<2/8
$VVRF3URI'UHEQHP'h=*h1
F. Berna VATAN
'U$EGONHULP<g5h.2/8
Nahit ARI
Assoc. Prof. Dr. A. Ekrem YCE
Dr. Nejat TAMZOK
$OL7h5.2/8
Alp GRKAN
Recep AKGNDZ

SOCIAL COMMITTEE
WMC Turkish National Committee
&KDPEHURI0LQLQJ(QJLQHHUVRI7XUNH\
&KDPEHURI0LQLQJ(QJLQHHUVRI7XUNH\
&KDPEHURI0LQLQJ(QJLQHHUVRI7XUNH\
Mining Development Foundation of Turkey
Mining Development Foundation of Turkey
*HQHUDO0DQDJHURI$QNDUD1DWXUDO*DV&R
$VVLVWDQWRI*HQHUDO0DQDJHURI7.,
:0&7XUNLVK1DWLRQDO&RPPLWWHH
Mining Development Foundation of Turkey

Ergn TUNCER
$VP.87/8$7$
&HPDOHWWLQ6$7(.1
1DGLU$9$52/8
Murat TURAN
Dr. Nijat GRSOY
+EUDKLP.,5$1
5HVHDUFK$VVW'U0XVWDID$.7$
(UJQ<7
Dr. Gngr TUNCER

7XUXO(5.1
Mehmet ZER
Mehmet Hamdi YILDIRIM

FINANCIAL COMMITTEE
WMC Turkish National Committee
&KDPEHURI0LQLQJ(QJLQHHUVRI7XUNH\
*HQHUDO0DQDJHPHQWRI(70LQLQJ
President of Gold Miners Association
Mining Development Foundation of Turkey
WMC Turkish National Committee

M.Bilgin KAYNAR
EUDKLP<,/0$=2/8
%HNLU$6/$1
Dr. Muhterem KSE
Seluk BUYURGAN
Dr. Orhan ZKOAK

NATIONAL SCIENTIFIC - EDITORIAL COMMITTEE

3UHVLGHQW:0&7XUNLVK1DWRQDO&RPPLWWHH
:0&,2&0HPEHU
3URI'ULQDVL(6..$<$
6HFUHWDU\0LGGOH(DVW7HFKQLFDOXQLYHUVLW\
$VVRF3URI'U1XUD\'(05(/
Secretary, Istanbul Technical University
Asst. Prof. Dr. Atilla ZTRK
$WOP8QLYHUVLW\
3URI'U$EGXUUDKLPg=*(12/8
0LGGOH(DVW7HFKQLFDO8QLYHUVLW\
3URI'U$OLKVDQ$52/
Istanbul Technical University
Prof. Dr. Orhan KURAL
.DUDHOPDV8QLYHUVLW\
3URI'U1XUL$OL$.d1
'RNX](\OXO8QLYHUVLW\
3URI'UONQXU&g&(1
,VWDQEXO7HFKQLFDO8QLYHUVLW\
3URI'U(UGRDQ<h=(5
,VWDQEXO7HFKQLFDO8QLYHUVLW\
3URI'U,Ng=3(.(5
.DUDGHQL]7HFKQLFDO8QLYHUVLW\
3URI'U$\KDQ.(60$/
0LGGOH(DVW7HFKQLFDO8QLYHUVLW\
3URI'U7HYN*h<$*h/(5
Hacettepe University
Prof. Dr. Bahtiyar NVER
.DUDHOPDV8QLYHUVLW\
3URI'U9HGDW''$5
$WOP8QLYHUVLW\
3URI'U*QKDQ3$$0(+0(72/8
Hacettepe University
Prof. Dr. Erhan TEZCAN
2VPDQJD]L8QLYHUVLW\
3URI'U+VH\LQg='$
Dokuz Eylul University
Prof. Dr. Halil KSE
Istanbul Technical University
Prof. Dr. Erkin NASUF
,VWDQEXO7HFKQLFDO8QLYHUVLW\
3URI'U1HHW$&$5.$1
'XPOXSQDU8QLYHUVLW\
3URI'U*QHUg1&(
Middle East Technical University
Prof. Dr. mit ATALAY
0LGGOH(DVW7HFKQLFDO8QLYHUVLW\
$VVRF3URI'U$\GQ%/*1
Dicle University
Prof. Dr. Fikri KAHRAMAN
,VWDQEXO7HFKQLFDO8QLYHUVLW\
3URI'U+DVDQ(5*1
Q|Q8QLYHUVLW\
3URI'U0XVD6$5,.$<$
ukurova University
Prof. Dr. Mesut ANIL
.DUDHOPDV8QLYHUVLW\
3URI'U<DGLJDU0h)7h2/8
Karaelmas University
Prof. Dr. Sait KIZGUT
&XPKXUL\HW8QLYHUVLW\
3URI'U$WLOOD&(</$12/8
&XPKXUL\HW8QLYHUVLW\
3URI'U$KPHW'(05&
+DFHWWHSH8QLYHUVLW\
3URI'Ug<OGUP*h/62<
Dokuz Eyll University
Prof. Dr. Ercment YALIN
'XPOXSQDU8QLYHUVLW\
3URI'U&HP(16gh7
,VWDQEXO7HFKQLFDO8QLYHUVLW\
3URI'U1XK%/*1
Middle East Technical University
Prof. Dr. Celal KARPUZ
,VWDQEXO8QLYHUVLW\
3URI'UDIDN*|NKDQg=.$1
Karaelmas University
Prof. Dr. Hasan GEREK
ukurova University
Prof. Dr. Adem ERSOY
+DFHWWHSH8QLYHUVLW\
3URI'U6H\.8/$.6,=
Istanbul Technical University
Prof. Dr. Fatma ARSLAN

&

0LGGOH(DVW7HFKQLFDO8QLYHUVLW\
Sleyman Demirel University
1LGH8QLYHUVLW\
$WOP8QLYHUVLW\
Q|Q8QLYHUVLW\
&XPKXUL\HW8QLYHUVLW\
Seluk University
Kocatepe University
,VWDQEXO8QLYHUVLW\
Dicle University

3URI'UdHWLQ+27(1
Prof. Dr. Saim SARA
3URI'U6DLU.$+5$0$1
3URI'U1HHd(/(%
3URI'U0HKPHWg1$/
3URI'U<DNXS&(%(&
Prof. Dr. M.Kemal GKAY
Prof. Dr. Eyp SABAH
3URI'U$WDo%$d(71
Assoc. Prof. Dr. Mustafa AYHAN

INTERNATIONAL SCIENTIFIC COMMITTEE

3UHVLGHQW:0&7XUNLVK1DWLRQDO&RPPLWWHH
&RORUDGR6FKRRO2I0LQHV86$
,PSHULDO&ROOHJH8.
&RORUDGR6FKRRO2I0LQHV86$
Colombia University, USA
Pittsburg Research Lab, USA
$XVWUDOLD
South Africa
Poland
India
China
Austria
Russia
Czech Republic
India
USA
Vietnam
South Africa
Croatia
Morocco
Mexico
Iran
86$
,UDQ
Bulgaria
Germany
Germany
86$
Finland
Stanford University, USA
Aachen University, Germany
Telstra Corp.Ltd, Australia
University of Alberta, Canada
University of Abertay Dundee
Institute of Chemical Technology, Prague
Texas University, USA
Missouri University of Science and Technology

3URI'ULQDVL(6..$<$
3URI'U.DGUL'$'(/(1
3URI'UHYNHW'858&$1
3URI'U8XUg=%$<
Prof. Dr. Tuncel YEGLALP
Prof. Dr.Gner GRTUNCA
3URI'U1DMGDW$==
Prof. Dr. Huv R. PHILIPS
Prof. Dr. Jerzy KICKI
Prof. Dr. A.K.GHOSE
Prof. Dr. Zu DEREN
Prof. Dr. Leopold WEBER
Prof. Dr. V.A. KHARCHENKO
Prof. Dr. T. CERMAK
Dr. M. P. NARAYANAN
Dr. D. MENZIE
Dr. Chi My YO
Dr. Rymon LIPINSKI
P. VOJUCZKI
T. BENMLIH
Jaime GUTIEREZ
Ali ALMASI
3URI'U+DVDQ6(90
+DPLGL$1$5$.
Prof. Dr. Vlodko PANAVATOV
Prof. Dr. Manfred RUMBERGER
Prof. Dr. Halit Ziya KUYUMCU
3URI'U/HYHQWg='(05
Prof. Dr. Raimo MATIKANEN
W. Gary Ernst
Prof.Dr.-Ing.Dipl.- Wirt.Ing. Per Nicolai Martens
T.F.Guerin
Prof. Dr. David Checkel
Prof. Dr. Philippe Baveye
Katerina Demnerova
Prof.Dr.Danny Reible
Prof. Dr. Samuel Frimpong

This congress has been encouraged by the Ministry of Energy and Natural Resources and by the Ministry of Tourism and Culture
of the Republic of Turkey.

7RDGRSWODWHVWWHFKQLFDOLQQRYDWLRQV

7RILQGVROXWLRQVWRLPSURYLQJSURGXFWLYLW\DQGHIILFLHQF\

7RHQFKDQFHSURGXFWTXDOLW\

7RUHGXFHSURGXFWLRQFRVWV

7RSHUSHWXDWHVXVWDLQDEOHSURGXFWLRQ


L

7RFUHDWHHQYLURQPHQWDOO\VRXQGRSHUDWLRQV

5IDW.217
C

&

"

"

"

0U$\KDQdQDUIRUWKHLUJUHDWHIIRUWVLQWKHSUHSDUDWLRQRIWKHSDSHUVIRUSULQW
I

3URI'ULQDVL(VNLND\D
C

&217(176
KEYNOTE AND INVITED PAPERS
Global Technical and Environmental Problems Connected With the Coal Mine Methane
-'XELVNL(.UDXVH-6NLED .....................................................................................................................................3
The Outlook of the Development of Chinese Coal Industry
Wang Xianzheng ..........................................................................................................................................................13


 ............................................................................................................................................................29
Energy Challenges for India and Other Saarc Nations - Quo Vadis?
$MR\.*KRVH...............................................................................................................................................................35
Bipolarisation in the Global Mining Policies or a New Challenge in the World Politics?!...
07D\IXQg=86/80HKPHW72581(UGRDQ.$<0$.d, .......................................................................................47
Mineral Potential of Turkey
$<|UNROX2'HOLED ..............................................................................................................................................71
Mining Activities in Turkey
*YHQgQDO .................................................................................................................................................................79
ADVANCES IN LONGWALL MINING
310DUWHQV/5DWWPDQQ6-DQVVHQ7.UDW] ..........................................................................................................85
5(0(',$7,212)$%$1'21('/,*1,7(0,1(6,1($67*(50$1<7(&+1,&$/(19,5210(17$/$1'
SOCIAL CHALLENGES
0DKPXW.X\XPFX.........................................................................................................................................................97
Vision 2020: Safe Mining Worldwide!
Helmut Ehnes ............................................................................................................................................................. 119
COAL INDUSTRY ACROSS EUROPE 2011
%(5LFNHWWV .............................................................................................................................................................121
Methods and Tools for Shaping of Safety in the Coal Mining Industry
:LQNOHU77RNDUF]\N-0LFKDODN'..........................................................................................................................129
RESPONSIBLE MINING - APPROACHES AND REALISATION
Carsten Drebenstedt ..................................................................................................................................................135
RESOURCE EFFICIENCY AND INNOVATION POLICIES IN EUROPE
+HEHVWUHLW&RULQD.......................................................................................................................................................149
UNDERGROUND MINING
Digitization of Underground Production Maps and Development of Mine Information System
<8]XQNDYDNO66DUJQROX+0%DUG] ..................................................................................................................159
Operation Research and Mine Design- A Review
.6KDKULDU(%DNKWDYDU .............................................................................................................................................167
NEW MINING SYSTEMS AND EXTRACTION TECHNOLOGY OF VEIN DEPOSITS IN BULGARIA
'LPLWDU$QDVWDVRY$WDQDV0DULQVNL............................................................................................................................177
6FLHQWLF$VSHFWVLQ)RUPDWLRQRI4XDOLW\RI2UHLQ([WUDFWLRQ6WDJH
8=GUDYHWV(IWLPRY'LPLWDU$QDVWDVRY .....................................................................................................................181

Expanding Mine Design Options with the Highest Capacity Raise Drill in the World
0LFKDHO-.HOO\...........................................................................................................................................................187
Improvement of Combined Security System of Development Opening, Adjacent to the Longwall in Complex Geological Conditions
2.R]KXVKRN91D]LPNR(+DOLPHQGLNRY .............................................................................................................195
6WXG\2SHUDWLRQVRI)XOO\0HFKDQL]HG/RQJZDOO0LQLQJLQdD\UKDQ8QGHUJURXQG&RDO0LQH
6HODPHW$17DUKDQ.DKUDPDQ(%\NED)<D]F2(UDUVODQ2 ......................................................203
Mine Mechanization and Support System in Underground Coal Mining of Slovakia
3LPDQHF-%XURYH(.XEUDQ-+UDERYVN ................................................................................................215
Comprehensive Method for Designing Roadway Supports
6WDQLVDZ3UXVHN0DUHN5RWNHJHO0DUFLQ:LWHN ......................................................................................................223
Support Characteristics of Cemented Rock Fill for Sublevel Open Stoping at the Hishikari Mine
.+\XQ-<DPDWRPL 60XUDNDPL<6DJDZD 7.XUDNDPL...............................................................................233
Shotcrete Arch, a New Support Method Used in ayeli Copper Company for Roadways
+7XQoGHPLU2%D\UDP(*oO6$OWQROXN0<D]F$(URO(<DOoQ ............................................................241
Shotcrete, an Unavoidable Reinforcement Material for Mines and Tunnels
(*oO,+7XQoGHPLU ..............................................................................................................................................249
Stability of the Underground Rock Salt Support Structures of the Ocnele Mari Saline (Romania)
,OLH2QLFD(XJHQ&R]PD'XPLWUX0DULFD .................................................................................................................259
Optimization of Frame-Bolt Support Parameters by Means of Computer Simulation
,.RYDOHYVND9)RP\FKHY$9\YFKDUHQNR .................................................................................................................267
Stand-Roof-Bolting Support: An Effective Way of Roadway Reinforcement
7DGHXV]0DMFKHUF]\N3LRWU0DNRZVNL=ELJQLHZ1LHGEDOVNL ...................................................................................279
High Safety Pillars Design for Underground Natural Stone Excavation
-R]H.RUWQLN ................................................................................................................................................................287
Ground Movement Caused Major Equipment Misalignment, Requiring Engineered Corrective Measures
$UWKXU:0DONLQ$$\NXW<D]F ...............................................................................................................................297
Ground Surface Deformation as Effect of Longwall Mining in the Jiu Valley Coal Basin
,OLH2QLFD(XJHQ&R]PD'DFLDQ0DULDQ...................................................................................................................307
(YDOXDWLRQRIWKH(IIHFWRI6RGLXP6LOLFDWH$GGLWLRQWR0LQH%DFNOO*HOOO
)3+DVVDQL0RVWDID%HQ]DD]RXD01RNNHQ ........................................................................................................317
3DVWHOO3UHVVXUH0RQLWRULQJDW,QPHWVdD\HOL8QGHUJURXQG&RSSHUDQG=LQF0LQH
.HPDO.DUDROX.D]P.oNDWH%HQ'7KRPSVRQ .............................................................................................325
$Q,QYHVWLJDWLRQ,QWR3DUDPHWHUV&RQWULEXWLQJWR+HDW7UDQVIHULQ0LQH%DFNOO
)$EEDV\)3+DVVDQL6$*KRUHLVKL0DGLVHK-&{Wp .........................................................................................335
,VVXHV&RQFHUQLQJWKH8VHRI0LQH&RQYH\RUV'XULQJ&RDO([SORLWLQJ,Q3HWURVDQL&RDOHOG5RPDQLD
*DEULHO3UDSRUJHVFX6RULQ0LKDLOHVFX ......................................................................................................................345
Assessment of the Impact of Mining-Induced Tremors at the Surface Based on the Gsi-Gzwkw Scale
*DJRG]LQVNL$%DUDQVNL-'XELQVNL*0XWNH ..................................................................................................351
Selected Relations Between Earthquakes and Mining Seismic Events Recorded in Polish Coal Mines
-'XELQVNL*0XWNH ..................................................................................................................................................359

&

Investigation of the Deepened Concrete Constructions State in the Process of Operation of Mine Water Spillway
66NLSRFKND9.UXNRYVND\D6*UHEHQ\XN ...........................................................................................................365
Kozlu Hardcoal Mine Colliery Incirharman Shaft Repair and Deepening
h'HLUPHQFL.(UROX+*QH\ ..............................................................................................................................379
Building Effective Teleoperation Interfaces for Mining Applications by Utilising Mixed Reality
,GD%DJXV.HUWK\D\DQD0DQXDED.HQ7D\ORU(OHRQRUD:LG\]N&DSHKDUW ...............................................................387
The Seismic Activity Due To the Bending of Exploited Seam Roof
Henryk Marcak ...........................................................................................................................................................395
GEOSTATISTICAL EVALUATION OF COAL EXTRACTION STOPES BY ASH TOLERANCE REDUCTION IN CENTRAL ALBORZ COAL MINES OF IRAN
$OL5DMDEL.KDQJKDKL $EEDV$JKDMDQL%D]]D]L .......................................................................................................403
A Review of Present-day Methods of Rockburst Hazard Prevention in the Polish Mining Industry
'XELVNL-y]HI.DELHV]-y]HI/XUND$GDP...............................................................................................................413
Natural Hazards Associated With the Deep Mining of Hard Coal Seams
:DFKRZLF]-DQ.DELHV]-y]HI)UHMRZVNL$OHNVDQGHU ..............................................................................................425
$0$17(1$1&(675$7(*<)25'59(817686('1%(/7&219(<2561(7:25.
5=LPUR]5.UyO0+DUG\JRUD-*RUQLDN=LPUR]:%DUWHOPXV/*ODG\VLHZLF]6%LHUQDW ...................................433
GROUND CONTROL FOR MULIPLE SEAM MINING IN GERMAN COAL MINES
.ODXV7K\URFN<LOPD]'HUHOL ......................................................................................................................................441
Implementation of Mine Control at ayeli Underground Coper Mine (CBI)
3KLO-D\<XVXI7XQFHO%OHQW3DUDO ..........................................................................................................................445
SOME ASPECTS OF GEOMECHANICAL SUBSTANTIATION OF PROJECTS OF MINERAL DEPOSITS MINING
7HFK6FL=8%.2999 .............................................................................................................................................451
23(137
Life Cycle Assessment and Its Implementation for Sustainable Material Handling in Surface Mining
0(UND\DROX1'HPLUHO...........................................................................................................................................459
Combined Process Based Costing On Opencast Coal Mines With Continuous Systems
3DYORYLF9ODGLPLU-RYLFLF9ODGDQ-DNRYOMHYLF,YLFD0LWURYLF6ORERGDQ .....................................................................465
A Contribution to Sustainable Development in Open Pit Coal Mines Through Dust Management in Vietnam
310DUWHQV7.DW],2H]GHPLU$)RHUVWHU-%3DWHLUR)HUQiQGH]21LW]VFKH0%DXHU7:H\HU ...............471
The Method of Selection of Mining Equipment Complexes for Open Pit Mines
.$QLVWUDWRY ..............................................................................................................................................................481
New Breaking and Transportation System at Ellatzite Mine Cuts Operating Costs and Protects Environment
9DOHQWLQ7]DW]RY ........................................................................................................................................................489
Long Term Production Scheduling of Sungun Copper Mine Using NPV Scheduler Software
$KPDG+DMDULDQ5LVWR'DPERY5DGPLOD.DUDQDNRYD6WHIDQRYVND .......................................................................493
A New Multi-Objective Long-Term Open-Pit Production Planning Method
-6DWWDUYDQG&1LHPDQQ'HOLXV ..............................................................................................................................499
OPEN PIT OPTIMIZATION AND 3D ORE MODEL OF INCLINED AND THIN SEAMS; GUGU MINE, BALIKESIR,
TURKEY
6HODKDWWLQ<LOGLULP$EGXOJDQL(VL\RN .........................................................................................................................505

Determination and Analysis of Final Pit Limit of Esfordi Phosphate Open Pit Mine
$PLU%LMDQ<DVUHEL$QG\:HWKHUHOW3DWULFN)RVWHU3H\PDQ$I]DO ...........................................................................513
Long Term Open-pit Mine Production Scheduling with Practical Options
60LZD<7DPDQLVKL60XUDNDPL-<DPDWRPL .........................................................................................................523
DEEP OPEN PIT WALL MONITORING AT THE STAGE OF OPEN TO UNDERGROUND TRANSITION
%DU\VKQLNRY9'9RVWULNRY9,*DNKRYD/12SDULQ91 .................................................................................529
SELECTION OF LONG-TERM MINE PRODUCTION SCHEDULING BY TOPSIS APPROACH
+'H]\DQL0$IVKDU$6KLYDLH0*KLDVL ..............................................................................................................535
THE NEW OPEN PIT COAL MINE IN MINING BASIN KOLUBARA
=RUDQ,OL%RVLOMND.LWDQRYL .......................................................................................................................................541
THE RELATIONSHIP BETWEEN GEOLOGICAL STRENGTH INDEX (GSI) AND SPECIFIC CHARGE
hg]HU $.DUDGRDQh%R\UD]h.DOD\F ..........................................................................................................545
THE EFFECT OF PLASTER STEMMING TO BLAST FRAGMENTATION AT CLAY QUARRIES
+&HYL]FL+72]NDKUDPDQ .....................................................................................................................................551
ENVIRONMENTAL RISK ASSESSMENT IN OPEN PIT BLASTING OPERATIONS: COMPLIANCE WITH ISO
31010:2010
-RUJH&DVWLOOD-XDQ+HUUHUD .......................................................................................................................................555
TECHNIQUES FOR REDUCING RISK AND INCREASING SAFETY FROM ROCKFALLS IN OPEN MINES IN AUSTRALIA
-HURHQ%HUHQGV'DOH&KD\FKXN*LRUJLR*LDFFKHWWL .................................................................................................563
THE DESIGN AND INSTALLATION OF A 60000m2 DRAPE MESH TO MITIGATE ROCKFALLS AT JWANENG OPEN
PIT MINE BOTSWANA USING A DECOILER
/RXLV0HOLV:\QDQG0H\HU%RNDQJ0RWOKDJRGL$QGUHZ'H.OHUN ..........................................................................571
TREND ANALYSIS IN ASSESMENT AND PREDICTION OF SLOPE STABILITY IN OPEN COAL MINES
=3DQRY6-RYFKHYVNL='HVSRGRY 7,YDQRYD6KLMDNRYD'0LUDNRYVNL5.DUDQDNRYD6WHIDQRYVND ..........581
&21&(37,2121:$67(:$7(51$*(0(172)23(13,7(//$7=,7(
$OHNVDQGDU*ULJRURY3HQNR1LQRY .............................................................................................................................589
SELECTION AND DIMENTIONING OF THE WATER DRAINAGE SYSTEM FOR DEEP OPEN PITS
6WR\R%RVQHY6WR\DQ+ULVWRY(PLO.ROHY1LNROD\0LKD\ORY .....................................................................................595
VENTILATION - (HEALTH) & SAFETY
The Global Methane Initiative - Advancing Coal Mine Methane Project Opportunities
6RPHUV-D\QH)UDQN'DYLG%XUNOLQ&OLQW ...............................................................................................................605
Improved Technologies of Coal Mine Gas Control and CBM/CMM Utilization in China
+XDQJ6KHQJFKX/LX:HQJH/LX<L ..........................................................................................................................613
&RDOEHG0HWKDQH3URMHFWLQ=RQJXOGDN&RDOHOG
N.Bier ........................................................................................................................................................................623
An Experimental Study of the Index System of Different Indicator Gases for Spontaneous Combustion of Coals in
China
<XQWDR/LDQJ+DL]KX/XR7;5HQ ..........................................................................................................................631
Geoinformation Technology for Forecasting Methane Accumulations Within the Donetsk Basin Mine Fields
3LYQ\DN**%XV\JLQ%61LNXOLQ6/6YLVWXQ9.*DUNXVKD,1 .....................................................................641

&

'HYHORSPHQWRI&RDO6HDPV6XLWDELOLW\&ULWHULDRI6RO\DQRYVN'HSRVLWIRU&RDO*DVLFDWLRQ
9%RQGDUHQNR9)DOVKW\QVN\\5'\FKNRYVN\\0,OO\DVKRY ................................................................................649
Assessment of Coal Mine Methane:Modeling of Capture Strategies
6WHYHQ.HLP1LQR5LSHSL.UD\/X[EDFKHU0LFKDHO.DUPLV .....................................................................................657
Computer-Aided Underground Quarries Gas Monitoring
%,QDQ15]JDU,.D\D.7XPD\7XUKDQ ..........................................................................................................667
Economic Utilization of Methane in Coal Mines of Kompania Weglowa SA
,UHQHXV]6WDQHFNL-DFHN1DJOLN0DUHN6]DUDVNL-DFHN'XJRV].......................................................................671
Assessment of Coal and Gas Outburst Hazards in Zonguldak Coal Basin,Turkey
*gNWHQ$)LVQH7+XGDYHUGLd2QXU(*QD\ .................................................................................................677
Radon Exposure Assessment for Turkish Underground Coal Mines
$)LVQH*gNWHQ&$g]WUN .................................................................................................................................687
8QGHUJURXQG&RDO*DVLFDWLRQ([SHULPHQWV3HUIRUPHGLQ([SHULPHQWDO0LQH%DUEDUD
.U]\V]WRI6WDF]\N-y]HI'XELVNL.U]\V]WRI&\EXOVNL ............................................................................................695
)HDWXUHVRID&RPSOH['HFRQWDPLQDWLRQLQ+HDY\6WUHVVHG:RUNLQJ$UHDVRI&ROOLHU\*URXS3RNURYVC.H8NUDLQH
2$JDIRQRY$%RGQDU9.RFKHUJD .........................................................................................................................703
8QGHUJURXQG&RDO*DVLFDWLRQLQWKH&HQWUDO$SSDODFKLDQ5HJLRQ86$5HVRXUFH$VVHVVPHQW
=HVKDQ+\GHU1LQR5LSHSL0LFKDHO.DUPLV%HQ5RWK .............................................................................................713
Injection of Nitrogen for the Recovery of Methane and Carbon Dioxide Stored in Coal
1$]L]500)ORUHQWLQ.%DULV ...............................................................................................................................723
Numerical Simulation Method on Turbulent Gas Diffusion phenomena in Mine Ventilation Network
$ULI:LGLDWPRMR.\XUR6DVDNL<XLFKL6XJDL...............................................................................................................731
Improved Adaptation Ability, Economy and Reliability Axial Fans for Main Ventilation in Mines
113HWURY ...............................................................................................................................................................739
The Opening of Kilimli Ventilation Shaft and Restructing of Karadon Ventilation System
1%LoHUggQH\$%DOWD .......................................................................................................................................747
Application of Fahp in Optimization of Mine Ventilation Networks Deal With Fan Selection
$7DJKL]DGHK9DKHG1'HPLUHO .................................................................................................................................753
Improved Ventilation System in Underground Coal Mines-A Computational Study
$36DVPLWR(%LUJHUVVRQ+/\.:/XP$60XMXPGDU..........................................................................................761
Innovative Solutions of Komag Institute of Mining Technology for Improvement of Work Safety in The Mining Industry
$.R]LH00DOHF(3LHF]RUD ...................................................................................................................................769
Innovation in Mine Rescue and Second Means of Egress
53:DWWHQKRIHU6'XUNLQ .........................................................................................................................................777
&RQVWUXFWLRQ([SHULHQFHRI6DIHW\DQG+LJK(IFLHQF\&RDO0LQHVLQ&KLQD
=KDQJ/LQ/L+RQJWDR ...............................................................................................................................................783
A New Paradigm for Fatality Prevention
*X\%R\G ....................................................................................................................................................................789
Design for Health
0DULD0D]]DUHOOR3HUHLUD9HORVR3DXOR-RVp*DUJDQR5RFKD...................................................................................795

*5281'685)$&('()250$7,21$6())(&72)/21*:$//0,1,1*,1
7+(-,89$//(<&2$/%$6,1


3URI,OLH21,&$0LQ(QJ3K'8QLYHUVLW\RI3HWURDQL5RPDQLD
3URI(XJHQ&2=0$0LQ(QJ3K'8QLYHUVLW\RI3HWURDQL5RPDQLD

3K'6WXGHQW'DFLDQ0$5,$10LQ(QJ8QLYHUVLW\RI3HWURDQL5RPDQLD

$%675$&7

,Q WKH FDVH RI WKH WKLFN DQG JHQWOH FRDO VHDP QR RI WKH -LX 9DOOH\ &RDO %DVLQ 5RPDQLD WKH PLQLQJ
PHWKRGVDUHE\XVHRIWKHORQJZDOOPLQLQJWHFKQRORJLHVZLWKURRIFRQWUROE\FDYLQJRUWRSFRDOFDYLQJ,QWKLV
SDSHU LW LV SUHVHQWHG WKH DQDO\VLV RI WKH FRPSOH[ GHIRUPDWLRQV RI WKH JURXQG VXUIDFH RYHU WLPH DV D
FRQVHTXHQFHRIWKHFRDOPLQLQJLQFHUWDLQPLQLQJILHOGVRIWKHEDVLQ$OVRLWLVDQDO\VHGWKHJURXQGVXUIDFH
VXEVLGHQFH SKHQRPHQRQ XVLQJ WKH &(6$5/&3& ILQLWH HOHPHQW FRGH  7KH PRGHOOLQJ LV PDGH LQ WKH
HODVWLFLW\ DQG WKH HODVWRSODVWLFLW\ EHKDYLRXU K\SRWKHVLV $OVR WKH WLPH GHSHQGHQW DQDO\VLV RI WKH JURXQG
VXUIDFH GHIRUPDWLRQ ZDV DFKLHYHG ZLWK WKH DLG RI DQ HVSHFLDO SURILOH IXQFWLRQ 7KH REWDLQHG UHVXOWV DUH
FRPSDUHGZLWKWKHLQVLWXPHDVXUHPHQWVGDWDEDVLV





 *(1(5$/,7,(6
7KH 3HWURDQL +DUG &RDO %DVLQ XQGHU WKH
PDQDJHPHQW RI WKH +DUG &RDO &RPSDQ\ RI
3HWURDQL FRQWDLQV WKH PRVW LPSRUWDQW KDUG FRDO
GHSRVLW RI 5RPDQLD ZLWK D EDODQFH UHVHUYH RI
DERXWRQHELOOLRQWRQVRIFRDO7KLVFRDOGHSRVLWZDV
NQRZQDQGPLQHGVLQFHWKH\HDUDVIDUEDFN
DVWKH$XVWUR+XQJDULDQ(PSLUH%XWWKHLQWHQVLYH
FRDOPLQLQJRIWKLVGHSRVLWEHJDQDWWKHVDPHWLPH
ZLWK 5RPDQLDV LQGXVWULDOLVDWLRQ DIWHU WKH 6HFRQG
:RUOG :DU UHDFKLQJ DIWHU  RYHU  PLOOLRQV
WRQQHVRIFRDOSHU\HDU
'XH WR 5RPDQLDQ LQGXVWU\ UHRUJDQLVDWLRQ DIWHU
WKH\HDULQFRQIRUPLW\ZLWKWKHQHZGHPDQGV
RI WKH PDUNHW HFRQRP\ WKH FRDO SURGXFWLRQ RI WKLV
EDVLQ ZDV UHGXFHG WR DERXW  PLOOLRQ WRQV SHU
\HDU$OPDQ3HWUHVFXHWDO
)URP WKH EHJLQQLQJ WKLV FRDO GHSRVLW ZDV VSOLW
LQWR  PLQLQJ ILHOGV IURP ZKLFK IROORZLQJ VHYHUDO
VXFFHVVLYH UHRUJDQLVDWLRQ DQG FORVLQJ VWDJHV RQO\
PLQLQJILHOGVDUHOHIWLQDFWLYLW\
7KH FRPSOLFDWHG GHSRVLW WHFWRQLFV GHWHUPLQHV
WKH GHOLPLWDWLRQ LQ JHRORJLFDO EORFNV RI UHGXFHG
H[WHQWPRVWRIWKHPYDU\LQJEHWZHHQDQG
P DQG DQ HTXDOO\ WHFKQLFDO GLIILFXOW\ LQ PLQLQJ
0RUHRYHUWKHUHRFFXUVDPHWKDQHJDVHPLVVLRQRI
RYHU  WR  PHWKDQH PFRDO WRQ DQG WKHUH LV D
PDUNHG WHQGHQF\ RI FRDO VHOILJQLWLRQ 2QLFD DQG
&R]PD
7KH VXEMHFW RI WKLV VWXG\ FRQVLVWV LQ WKH
XQGHUJURXQG PLQLQJ LQIOXHQFH DQDO\VLV RQ WKH
JURXQG VXUIDFH RI WKH FRDO VHDP QR LQ WKH FDVH
8ULFDQL9XOFDQ/RQHD3HWULODDQG'kOMDPLQHVE\
XVLQJ D QHZO\ GHYHORSHG SURILOH IXQFWLRQ $OVR DW
WKH 8ULFDQL 0LQH ZH KDYH PDGH D QXPHULFDO

PRGHOOLQJRIWKHVXEVLGHQFHSKHQRPHQRQXVLQJWKH
&(6$5/&3&ILQLWHHOHPHQWVRIWZDUH 
*(20(&+$1,&$/&+$5$&7(5,=$7,21
$V WKH GHSRVLW JHQHVLV LV VHGLPHQWDU\ WKH PRVW
IUHTXHQW URFNV LQ WKH EDVLQ DUH OLPHVWRQHV PDUOV
DUJLOODFHRXV RU PDUO\ VDQGVWRQHV FRQJORPHUDWHV
HWF WKHLU VWUHQJWK UDQJLQJ EHWZHHQ  03D XS
WR03DVRPHWLPHVHYHQPRUH0DLQO\WKH\
DUH URFNV RI UHODWLYHO\ ORZ VWDELOLW\ +LULDQ 
7RGRUHVFX
7KH PDLQ IDFWRUV WKDW FRQWULEXWH WR WKH GHILQLWLRQ
RI WKH VWUHVV DQG VWUDLQ VWDWH VXUURXQGLQJ WKH
H[FDYDWLRQV JHQHUDWHG E\ WKH FRDO VHDPV PLQLQJ
ZLWK WKH URRI URFNV FDYLQJ LQ WKH -LX 9DOOH\ FRDO
EDVLQ DUH WKH IROORZLQJ WKH H[FDYDWLRQ VL]HV WKH
VHDPGLSWKHFRDODQGVXUURXQGLQJJHRPHFKDQLFV
FKDUDFWHULVWLFVWKHPLQLQJGHSWKWKHIDFHVXSSRUWV
FKDUDFWHULVWLFV WKH IDFH DGYDQFHPHQW VSHHG WKH
GLVWDQFHIURPWKHDGMDFHQWSDQHOVWKHGLVWDQFHIURP
QHDUE\FRDOVHDPVHWF2QLFDE2QLFDHWDO
3HQJ
7KHDYHUDJHYDOXHVRIWKHPDLQPHFKDQLFDODQG
HODVWLF FKDUDFWHULVWLFV RI WKH URFNV XVHG LQ WKH
JURXQG VXUIDFH GHIRUPDWLRQ DQDO\VLV DUH VKRZQ LQ
7DEOH+LULDQ7RGRUHVFX
$V D UHVXOW RI WKH PHDVXUHPHQW DQDO\VLV PDGH RQ
WKH JURXQG VXUIDFH XQGHU WKH XQGHUJURXQG PLQLQJ
LQIOXHQFH 2QFLRLX DQG 2QLFD  VR DV WR ILQG
WKH RSWLPXP GHVLJQ SDUDPHWHUV RI WKH PDLQ VDIHW\
SLOODUVWKHOLPLWDQJOHVRIVXEVLGHQFHKDYHEHHQVHW
IRU WKH GLIIHUHQW FRDO PLQLQJ ILHOGV RI WKH -LX 9DOOH\
&RDO%DVLQ




,OLH2QLFD(XJHQ&R]PD'DFLDQ0DULDQ

7DEOH7KHDYHUDJHYDOXHVRIWKHJHRPHFKDQLFDOFKDUDFWHULVWLFVRIWKHURRI
DQGIORRUURFNVRIWKHFRDOVHDPQR
5RFNFKDUDFWHULVWLF

80

5RFN

&RDOVHDPQR

$SSDUHQWVSHFLILFZHLJKW J D 

N1P 





<RXQJPRGXOXVRIHODVWLFLW\(

N1P











N1P 





N1P





N1P 





R





3RLVVRQUDWLRQ 
&RPSUHVVLYHVWUHQJWK V F 

7HQVLOHVWUHQJWK V W 

&RKHVLRQ&

,QWHUQDOIULFWLRQDQJOH M 


$OVR WKH YDOXHV RI WKH OLPLW DQJOHV RI LQIOXHQFH
 E  J DQG G  GHSHQGLQJ RQ WKH PLQLQJ GHSWK +
PLQFRQIRUPLW\ZLWKWKHLQVWUXFWLRQVHODERUDWHGE\
WKH,&30&3HWURDQLDUHH[SUHVVHGE\WKHIROORZLQJ
UHODWLRQV 2UWHOHFDQ  E  +   

J  +    G  +   

$OVR LQ WKH VDPH FRQGLWLRQV WKH DYHUDJH
IDLOXUHDQJOHVUHFRPPHQGHGE\,&30&DUHWKH
IROORZLQJ E IDLOXUH

G IDLOXUH

 y  R  J IDLOXUH

 y  R 

 R 

68%6,'(1&($1$/<6,6,17+(&$6(2)
7+(&2$/6($012%/2&.93$1(/
85,&$1,0,1(
7KH JURXQG VXUIDFH GLVSODFHPHQW DQG GHIRUPDWLRQ
PRQLWRULQJ XQGHU WKH XQGHUJURXQG PLQLQJ LQIOXHQFH
DW WKH 8ULFDQL 0LQH LV DFKLHYHG E\ WKH PHGLXP RI
WKH PRQLWRULQJ VWDWLRQ FRPSRVHG RI  REVHUYDWLRQ
EHQFKPDUNVWKHVWDWLRQOHQJWKLVRIP
7KH WRSRJUDSKLFDO PHDVXUHPHQWV ZHUH WKUHH LQ
WKUHH PRQWKV EHJLQQLQJ ZLWK 2FWREHU  7KLV
PRQLWRULQJ VWDWLRQ SURYLGHV GDWD FRQFHUQLQJ WKH
JURXQG VXUIDFH GLVSODFHPHQWV DQG GHIRUPDWLRQV E\
FRQVHTXHQFHRIWKHXQGHUJURXQGPLQLQJRIWKHFRDO
VHDPQREORFN9SDQHO)LJXUH
7KH PLQLQJ RI WKH WKLFN DQG JHQWOH LQFOLQHG FRDO
VHDP RI XQGHU R ZDV DFKLHYHG ZLWK WRS FRDO
FDYLQJORQJZDOOPLQLQJZLWKDOHQJWKRIPRQWKH
HQWLUH VHDP WKLFNQHVV DQG RQ WKH SDQHO OHQJWK RI
P 7KLV SDQHO PLQLQJ EHJDQ LQ  DQG ZDV
FRPSOHWHGLQWKHVHFRQGKDOIRIWKH\HDU










)LJXUH0RQLWRULQJVWDWLRQIRUWKHJURXQGVXUIDFH
VXEVLGHQFHDWWKH8ULFDQLPLQH

6WDWLVWLFDO
DSSUR[LPDWLRQ
RI
WKH
PHDVXUHPHQWV ZLWK WKH DLG RI WKH SURILOH
IXQFWLRQV
7KH PHDVXUHG VXEVLGHQFH EDVLQV ZHUH VWDWLVWLFDOO\
DQDO\VHG ZLWK WKH DLG RI D QHZ GHYHORSHG SURILOH
IXQFWLRQZKLFKKDVWKHIROORZLQJIRUP

:  [

D [ E H  F [  



7KH FRHIILFLHQWV D E DQG F REWDLQHG IRU HYHU\

SDUWLDO VXEVLGHQFH SURILOH DQG WKH VTXDUH RI WKH
FRHIILFLHQWRIGHWHUPLQDWLRQ5RIHYHU\HTXDWLRQDUH
SUHVHQWHGLQ7DEOH

&

7DEOH5HJUHVVLRQFRHIILFLHQWVDEDQGFDQGWKHFRHIILFLHQWRIGHWHUPLQDWLRQ5
'DWD



7LPHW
PRQWK


















E
F





  
     
















   







 







 



5



D


 





   
















     

7R LQWURGXFH WKH WLPH YDULDEOH LQWR WKLV SURILOH
DW  D W D  EW  E OQW   E 
IXQFWLRQ WKH UHJUHVVLRQ RSHUDWLRQ RI WKH DOO
FW  F OQW   F  
UHJUHVVLRQ FRHIILFLHQWV VKRZQ LQ WKH 7DEOH  ZDV
D     E  F 
PDGHGHSHQGLQJRQWKHWLPHW7KXVWKHUHUHVXOWHG
D QHZJHQHUDOL]HG SURILOHIXQFWLRQWLPH GHSHQGHQW
D   E  F   5 DUH
ZKLFKKDVWKHIRUP
WKHUHJUHVVLRQFRHIILFLHQWVRIWKHJHQHUDOL]HGSURILOH
IXQFWLRQ


:  [ W  DW  [ E W  H F W  [  
7KH UHDO VXEVLGHQFH FXUYHV GHSHQGLQJ RQ WKH
:KHUH[LVWKHGLVWDQFHPHDVXUHGIURPWKHOLPLWRI
WLPH DQG WKH UHVXOWV RI WKH WLPH GHSHQGHQW SURILOH
WKHVXEVLGHQFHEDVLQWWLPH
IXQFWLRQDUHSUHVHQWHGLQ)LJXUH























6XEVLGHQFH : PP










0HDVXUHG



'LVWDQFH[ P

5HJUHVVLRQ

)LJXUH5HDOFXUYHVRIWKHJURXQGVXEVLGHQFHDQGWKHFRUUHVSRQGLQJSURILOHIXQFWLRQV
LQWKHFDVHRIWKHFRDOVHDPQREORFN9SDQHO8ULFDQL0LQH
,QWKH\HDU3HQJDQG&KHQ3HQJDQG&KHQ
GHYHORSHGWKHIROORZLQJQHJDWLYHH[SRQHQWLDO
IXQFWLRQRIWKHVXEVLGHQFHSURILOHRQWKHPDMRUFURVV
VHFWLRQRIWKHVXEVLGHQFHEDVLQ

:  [ :PD[ $ 
:KHUH

H  D]



 :PD[ LV WKH PD[LPXP

VXEVLGHQFH  D E DUH FRQVWDQWV ]

[
 [ LV WKH
V

KRUL]RQWDOGLVWDQFHIURPWKHRULJLQZKLFKLVORFDWHG
DWWKHFHQWUHRIWKHVXEVLGHQFHSURILOHVLVWKHKDOI
ZLGWKRIWKHVXEVLGHQFHEDVLQ

$OVRIRUWKHFDOFXOXVRIWKHKRUL]RQWDOGLVSODFHPHQW
WKHIROORZLQJUHODWLRQLVSURSRVHG

8  [ 8 PD[ $


 



 E 

$ 
:KHUH $
 D E ]
,Q RXU FDVHV ZKHQ WKH VXEVLGHQFH SURILOHV DUH
DV\PPHWULFDO LQ RUGHU WR REWDLQ WKH FRPSOHWH
VXEVLGHQFH SURILOH WKH UHODWLRQ  PXVW EH DSSOLHG
WZLFH IRU WKH OHIW VLGH DQG IRU WKH ULJKW VLGH RI WKH
PHDVXUHG VXEVLGHQFH SURILOH ,I WKLV UHODWLRQ LV
DSSOLHGIRUHYHU\WLPHSURILOHWKHUHZLOOEHREWDLQHG
WKHFRUUHVSRQGLQJUHJUHVVLRQFRHIILFLHQWVDVDQGEV
IRU WKH OHIW VLGH SURILOH DQG DG DQG EG IRU WKH ULJKW

,OLH2QLFD(XJHQ&R]PD'DFLDQ0DULDQ

VLGHSURILOH6LPLODUWRWKHSURILOHIXQFWLRQVRDV
WR LQWURGXFH WKH WLPH YDULDEOH LQ WKH 3HQJ  &KHQ
IXQFWLRQ WKH UHJUHVVLRQ RI WKH UHJUHVVLRQ
FRHIILFLHQWV ZDV PDGH GHSHQGLQJ RQ WKH WLPH
7KXVWKHIROORZLQJUHODWLRQVZHUHREWDLQHG
DIRUWKHOHIWVLGHRIWKHVXEVLGHQFHSURILOH

: V  [ W 

:PD[ H  P V ]

QV



:KHUH P V D V OQW   D V   Q V EV OQW   EV  
7KH REWDLQHG UHJUHVVLRQ FRHIILFLHQWV DUH WKH
IROORZLQJ

D V

 D V 

 EV

5 



 EV 



EIRUWKHULJKWVLGHRIWKHVXEVLGHQFHSURILOH

:G  [ W  :PD[ H  PG ]

QG



:KHUH PG D G W G  DQG QG EG W G  

)RU WKH JHRPLQLQJ FRQGLWLRQV RI WKH 8ULFDQL
PLQH WKH UHJUHVVLRQ FRHIILFLHQWV KDYHWKHIROORZLQJ
YDOXHV

D G

 D G 

 EG

 EG 



5 
7KH UHDO VXEVLGHQFH FXUYHV GHSHQGLQJ RQ WKH
WLPH DQG WKH DSSUR[LPDWLRQ UHVXOWV RI WKH PRGLILHG
3HQJ  &KHQ WLPH GHSHQGHQW SURILOH IXQFWLRQ DUH
SUHVHQWHGLQ)LJXUH
















6XEVLGHQFH: PP











'LVWDQFH[ P
0HDVXUHG

3HQJ &KHQPRGLILHG/HIW

3HQJ &KHQPRGLILHG5LJKW

)LJXUH5HDOVXEVLGHQFHFXUYHVDQGWKHFXUYHVRIWKH3HQJ &KHQPRGLILHGSURILOHIXQFWLRQ
,QWKHSUHYLRXVILJXUHWKHUHFRXOGEHREVHUYHGWKDW
WKH 3HQJ  &KHQ PRGLILHG UHODWLRQ RIIHUV D YHU\
JRRGILWRIWKHPHDVXUHGGDWD5 7KHPDLQ
DGYDQWDJHRIWKLVSURILOHIXQFWLRQLVWKDWLWWDNHVLQWR
FRQVLGHUDWLRQ ERWK WKH PD[LPXP VXEVLGHQFH DQG
WKH WLPH ,Q WKH FDVH RI GHILFLHQFLHV LW PD\ EH
PHQWLRQHGWKDWLIWKHPRQLWRULQJVWDWLRQGLGQWFRYHU
WKH HQWLUH SURILOH RI WKH VXEVLGHQFH EDVLQ WKH
IXQFWLRQ FRXOGQW SUHGLFW WKH EHKDYLRXU RI WKH HQWLUH
VXEVLGHQFH SURILOH WKH FRQQH[LRQ EHWZHHQ HYHU\
WLPH GHSHQGHQW OHIW DQG ULJKW SURILOHV LV WKURXJK DQ
DQJXODUSRLQW

VHFWLRQ E\ WKH SRLQW $ VKRZQ LQ WKH )LJXUH WKH
VHFRQG PRGHO RQ WKH VHDP VWULNH )LJE
UHSUHVHQWLQJ D GLUHFWLRQDO FURVVVHFWLRQ E\ WKH
PLGGOHRIWKHJRDIVSDFH

D

 1XPHULFDO PRGHOOLQJ RI WKH VXEVLGHQFH

SKHQRPHQRQLQWKHFDVHRIWKH8ULFDQL0LQH
)RU WR DFKLHYH WKH ' ILQLWH HOHPHQW FRPSXWDWLRQDO
PRGHOV WKH &(6$5/&3& FRGH    ZDV
XVHG YHUVLRQ  GHYHORSHG E\ WKH 5RDGV DQG
%ULGJHV&HQWUDO/DERUDWRU\RI3DULV
)RU WR GHWHUPLQH WKHJURXQG VXUIDFH VXEVLGHQFH
DQG GLVSODFHPHQW LQ WKH FDVH RI WKH 8ULFDQL 0LQH
WZRGLIIHUHQWPRGHOVZHUHPDGHLQWKHSODQHVWUDLQ
K\SRWKHVLV QDPHO\ WKH ILUVW PRGHO IROORZLQJ WKH
VHDP GLS )LJ D UHSUHVHQWLQJ D YHUWLFDO FURVV


E
)LJXUH  3ODQH VWUDLQ QXPHULFDO PRGHOOLQJ RI WKH
VXEVLGHQFHSKHQRPHQRQLQWKHFDVHRIWKH8ULFDQL
0LQHDGLSPRGHOEVWULNHPRGHO

&

7KH FDOFXOXV ZDV PDGH LQ WKH HODVWRSODVWLF

EHKDYLRXU K\SRWKHVLV ZLWKRXW KDUGHQLQJ DVVXPLQJ
WKDW ERWK WKH VXUURXQGLQJ URFNV DQG WKH FRDO VHDP
DUH FRQWLQXRXV KRPRJHQHRXV DQG LVRWURSLF DQG
JHRPHFKDQLFDOFKDUDFWHULVWLFVXVHGLQWKHFDOFXOXV
DUHWKHDYHUDJHRQHV7DEOH$OVRWKHFDYHGURRI
URFNV ZHUH HTXDWHG ZLWK D YHU\ FRPSUHVVLEOH
PHGLXP ZLWK (  N1P DQG Q  2QLFD
D
)RU ILWWLQJ WKH PRGHOV GHSHQGLQJ RQ WKH
PHDVXUHG YDOXHV RI WKH PD[LPXP YHUWLFDO
GLVSODFHPHQWVDQGWKHDGMXVWPHQWRIWKHODERUDWRU\
FKDUDFWHULVWLFV DW WKH LQ VLWX URFNV FKDUDFWHULVWLFV
WKH FDOFXOXV ZDV PDGH VXFFHVVLYHO\ ZLWK UHGXFLQJ
WKH FKDUDFWHULVWLFV YDOXHV ZLWK   DQG 
UHVSHFWLYHO\ XVLQJ WKH VWUXFWXUDO ZHDNQHVV
FRHIILFLHQW. 
7KHLQLWLDOORDGLQJFRQGLWLRQVZHUHFRQVLGHUHGDV
JHRVWDWLF >V R @  FRUUHVSRQGLQJ WR D GHSWK RI DERXW
+ P QDPHO\ WKH YHUWLFDO JHRVWDWLF VWUHVVHV
V R\ 03D WKH KRUL]RQWDO JHRVWDWLF VWUHVVHV

V R[

N R V R\

 03D ZKHUH NR

Q
 Q

> @ > @ > @





D

 

7KH FRUUHVSRQGLQJ VWUHVVHV LQGXFHG E\ WKH

H[FDYDWLRQV DUH >V H @ >   @ 03D
)LQDOO\WKHPRGHOVORDGLQJZDVSURYLGHGLQWKHWRWDO
VWUHVVHV V 7
V R  V H 2QLFDD
,Q)LJXUHDWKHUHDUHSUHVHQWHGWKHVXEVLGHQFH
SURILOHV REWDLQHG E\ WKH GLS PRGHO IRU WKH
VWUXFWXUDO ZHDNQHVV FRHIILFLHQW .    
DQG LQ )LJXUH E WKH FXUYHV RI WKH FRUUHVSRQGLQJ
KRUL]RQWDOGLVSODFHPHQW
)URP )LJXUH  LW FRXOG EH REVHUYHG WKDW WKH
PRGHO FORVHVW WR UHDOLW\ LV WKH PRGHO ZLWK WKH
UHGXFHGFKDUDFWHULVWLFVZLWK%\FRQVHTXHQFH
WKH VWULNH PRGHO ZDV FDOFXODWHG LQ WKH 0RKU
&RXORPEHODVWRSODVWLFEHKDYLRXUK\SRWKHVLVWDNLQJ
LQWR DFFRXQW D VWUXFWXUDO ZHDNQHVV FRHIILFLHQW
. 
 



E
)LJXUH  6XEVLGHQFH SDUDPHWHUV IRU WKH ILQLWH
HOHPHQWGLSPRGHOD6XEVLGHQFH
E'LVSODFHPHQW

,Q WKH VWULNH PRGHO IRU WR UHSUHVHQW WKH WKLUG
GLPHQVLRQ WKH SDQHO ZLGWK O  ZDV
LQWURGXFHGDFRHIILFLHQWIRUUHGXFLQJWKHVWUHVVHVRI
PLQLQJYRLG >V H @ZLWKDERXW
7KH VXEVLGHQFH EDVLQ RI WKH QXPHULFDO PRGHO
ZDV FRPSDUHG ZLWK PHDVXUHG VXEVLGHQFH
)LJXUHUHVXOWLQJDQHTXDOPD[LPXPVXEVLGHQFH
EXW ZLWK FHUWDLQ GHYLDWLRQ IURP WKH JHQHUDO
VXEVLGHQFHSURILOH











6XEVLGHQFH : PP











'LVWDQFH[ P
0HDVXUHG

0HDVXUHG

0HDVXUHG

0HDVXUHG
0HDVXUHG

0HDVXUHG
0HDVXUHG

0HDVXUHG
6XEVLGHQFH)(00RGHOOLQJ

)LJXUH6XEVLGHQFHEDVLQREWDLQHGIURPWKHQXPHULFDOPRGHOOLQJ
FRPSDUHGZLWKWKHUHDOPHDVXUHGVXEVLGHQFHSURILOHV

,OLH2QLFD(XJHQ&R]PD'DFLDQ0DULDQ

 68%6,'(1&( $1$/<6,6 ,1 7+( &$6( 2)

7+( &2$/ 6($0 12 %/2&. 9,,9,,, )$&(
12$1'98/&$10,1(

IDFHV 7KH PLQLQJ EHJDQ LQ  ZKHQ WKH URRI

FRQWUROE\URFNVFDYLQJZDVXVHG)LJXUH

7KH PRQLWRULQJ RI WKH JURXQG VXUIDFH VXEVLGHQFH

XQGHU WKH LQIOXHQFH RI XQGHUJURXQG PLQLQJ DW WKH
9XOFDQ0LQHLVPDGHE\DLGRIWKHPRQLWRULQJVWDWLRQ
FRPSRVHGRIEHQFKPDUNVWKHWRWDOOHQJWKRIWKH
PRQLWRULQJ VWDWLRQ EHLQJ RI P 7KH
WRSRJUDSKLFDO REVHUYDWLRQV ZHUH H[HFXWHG LQ D
QXPEHU RI WKUHH LQ WKUHH PRQWKV EHJLQQLQJ ZLWK
2FWREHU  7KLV PRQLWRULQJ VWDWLRQ SURYLGHV WKH
GDWDFRQFHUQLQJWKHJURXQGVXUIDFHVXEVLGHQFHDQG
GHIRUPDWLRQ GDWD DV D FRQVHTXHQFH RI WKH

XQGHUJURXQG PLQLQJ RI FRDO VHDP QR EORFN
)LJXUH&URVVVHFWLRQ9,,9,,9XOFDQ
9,,9,,,IDFHVQRDQG)LJXUH

$IWHU WKH VWDWLVWLFDO DQDO\VLV RI WKH PHDVXUHPHQWV
DQG WKH DSSUR[LPDWLRQ RI WKHVH ZLWK WKH DLG RI WKH
SURILOH IXQFWLRQ  WKHQ DIWHU WKH UHJUHVVLRQ
RSHUDWLRQ RI WKH UHJUHVVLRQ FRHIILFLHQWV RI HYHU\
PHDVXUHPHQWVWDJHWKHJHQHUDOL]HGSURILOHIXQFWLRQ
ZDVREWDLQHGWLPHGHSHQGHQWZLWKWKHIROORZLQJ
UHJUHVVLRQFRHIILFLHQWV

)LJXUH  0RQLWRULQJ VWDWLRQ IRU JURXQG VXUIDFH
VXEVLGHQFHDWWKH9XOFDQ0LQH
&RDOVHDPQRZLWKDQDYHUDJHWKLFNQHVVRIDERXW
P LV PLQHG LQ KRUL]RQWDO VOLFHV ZLWK WRS FRDO
FDYLQJ PLQLQJ PHWKRG UHODWHG ZLWK WKHVH WZR FRDO








D
D

    E  F  

 E  F  5 

7KH VXEVLGHQFH FXUYHV SHULRGLFDOO\ PHDVXUHG

DV ZHOO DV WKH DSSUR[LPDWLRQ FXUYHV RI WKH WLPH
GHSHQGHQW SURILOH IXQFWLRQ DUH JUDSKLFDOO\
UHSUHVHQWHG LQ )LJXUH  ZKHUH LW LV VKRZQ D YHU\
JRRGILWRIWKHLQVLWXPHDVXUHPHQWV5 











6XEVLGHQFH: PP












0HDVXUHG
'LVWDQFH[ P

5HJUHVVLRQ

)LJXUH5HDOVXEVLGHQFHFXUYHVDQGWKHFXUYHVRIWKHWLPHGHSHQGHQWSURILOHIXQFWLRQ
LQWKHFDVHRIFRDOVHDPQREORFN9,,9,,,IDFHQRDQG9XOFDQ0LQH
68%6,'(1&($1$/<6,6,17+(&$6(2)
7+(&2$/6($012$1'%/2&.9,
/21($0,1(
+HUHLQDIWHU WKH PHDVXUHPHQW DFKLHYHG RQ DQ ROG
PRQLWRULQJ VWDWLRQ ZLOO EH DQDO\VHG PDWHULDOL]HG LQ
WKH \HDU  E\ WKH 0LQLQJ )DFXOW\ RI 3HWURDQL

7KLV VWDWLRQ LV FRPSRVHG RI WZR DOLJQPHQWV RQH

VWULNHDOLJQPHQWZLWKDVLQJOHVWDEOHHQGFRPSRVHG
RI  EHQFKPDUNV ZLWK D WRWDO OHQJWK DERXW P
DQG RQH WUDQVYHUVDO DOLJQPHQW ZLWK D VLQJOH VWDEOH
HQG FRPSRVHG RI  EHQFKPDUNV ZLWK D WRWDO
OHQJWK DERXW P 7KH VWULNH DOLJQPHQW ZDV

PRQLWRUHG XQWLO WKH \HDU  ZKHQ WKH VWDEOH

EHQFKPDUNZDVORVWDQGRQWKHVWULNHDOLJQPHQWWKH
REVHUYDWLRQ ZDV PDGH XQWLO WKH \HDU 
2UWHOHFDQ
7KLV PRQLWRULQJ VWDWLRQ SURYLGHV WKH GDWD
FRQFHUQLQJ WKH JURXQG VXEVLGHQFH DV HIIHFW RI WKH
PLQLQJRIFRDOVHDPQRDQGEORFN9,)LJXUH
7KH DYHUDJH GLS RI WKH FRDO VHDPV LV RI DERXW R
DQGWKHWKLFNQHVVLVPIRUWKHFRDOVHDPQR
DQG P IRU FRDO VHDP QR )LJXUH  7KH
DSSOLHG PLQLQJ PHWKRG LV LQ KRUL]RQWDO VOLFHV ZLWK
URRIFRQWUROE\LQWHJUDOURFNVFDYLQJ


&


)LJXUH7UDQVYHUVDOFURVVVHFWLRQWURXJKWKHFRDO
GHSRVLWRIWKH/RQHD0LQH
6LPLODUO\ ZLWK WKH SUHYLRXV FDVHV WKH UHJUHVVLRQ
FRHIILFLHQWV RI WKH JHQHUDOL]HG WLPH GHSHQGHQW
SURILOH IXQFWLRQ  DUH WKH IROORZLQJ

D
D


)LJXUH  0RQLWRULQJ VWDWLRQ RI WKH JURXQG VXUIDFH
VXEVLGHQFHRIWKH/RQHD0LQH










    E  F 


 E  F   5 

$OVRLQWKLVFDVHLWLVREVHUYHGDJRRGVWDWLVWLFDO
DSSUR[LPDWLRQ RI WKH UHDO PHDVXUHPHQWV ZLWK WKLV
SURILOHIXQFWLRQ
7KH VXEVLGHQFH FXUYHV LQ WLPH PHDVXUHG DV
ZHOO DV WKH VWDWLVWLFDO DSSUR[LPDWLRQ ZLWK WKH
JHQHUDOL]HG SURILOH IXQFWLRQ  DUH JUDSKLFDOO\
UHSUHVHQWHGLQ)LJXUH
















6XEVLGHQFH: PP











0HDVXUHG
'LVWDQFH[ P

5HJUHVVLRQ

)LJXUH6XEVLGHQFHFXUYHVWLPHGHSHQGHQWPHDVXUHGDQGDSSUR[LPDWHGZLWK
WKHSURILOHIXQFWLRQIRUWKHFDVHRIFRDOVHDPQRDQGEORFN9,/RQHD0LQH
$V LW LV VKRZQ LQ )LJXUH  EHFDXVH RI WKH
DGYDQFHPHQW LQ WKH GHHS RI WKH PLQLQJ RI FRDO
GHSRVLW WKH SRVLWLRQ RI WKH SRLQW FRUUHVSRQGLQJ WR
WKH PD[LPXP VXEVLGHQFH IRU HYHU\ LQWHUPHGLDU\
VXEVLGHQFH SURILOH LV PRGLILHG DQG WKH VXEVLGHQFH
EDVLQGHYHORSVDV\PPHWULFDOO\DQGPRUHODWHUDOO\

 68%6,'(1&( $1$/<6,6 ,1 7+( &$6( 2)

7+(&2$/6($012)$&(12$1'
3(75,/$0,1(
7KH PHDVXUHPHQWVPDGH DORQJWKH DOLJQPHQW 
PDWHULDOL]HG LQ \HDU  DUH FRPSRVHG RI 
PRQLWRULQJEHQFKPDUNVGLVSRVHGRQWKHGLVWDQFHRI
P 6LQFH  WKH FRDO VHDP QR PLQLQJ
XQGHU WKH OHYHO P ZDV SUDFWLFHG E\ VOLFHV

,OLH2QLFD(XJHQ&R]PD'DFLDQ0DULDQ

XVLQJWKH URRI FRQWURO E\ FDYLQJ DWWKH DUHD RIIDFH

QRDQG'XULQJWKH\HDULQWKHIDFH
QR ZDV DFKLHYHG WKH WRWDO ILOOLQJ DW WKH OHYHO
P2UWHOHFDQ
6LPLODU ZLWK WKH SUHYLRXV FDVHV WKH VWDWLVWLFDO
DQDO\VLV RI WKH PHDVXUHPHQWV ZDV PDGH E\ SURILOH
IXQFWLRQ  DQG WKH JHQHUDOL]HG WLPH GHSHQGHQW
IXQFWLRQ  ZKLFK OHG WR WKH IROORZLQJ UHJUHVVLRQ










FRHIILFLHQWV

D
D

    E  F 

 E  F   5 

7KH VXEVLGHQFH FXUYHV RI WKH UHDO GDWD DQG WKH

UHVXOWV RI WKH SURILOH IXQFWLRQ GHILQHG E\ WKH
SUHYLRXVFRHIILFLHQWVDUHUHSUHVHQWHGLQ)LJXUH


















6XEVLGHQFH: PP











0HDVXUHG



5HJUHVVLRQ

'LVWDQFH[ P

)LJXUH6XEVLGHQFHFXUYHVRIWKHPHDVXUHGDQGDSSUR[LPDWHGYDOXHV
IRUWKHFDVHRIFRDOVHDPQRIDFHQRDQG3HWULOD0LQH
 68%6,'(1&( $1$/<6,6 ,1 7+( &$6( 2)
7+(&2$/6($012%/2&.,,,'/-$0,1(
,Q WKLV FDVH LW ZLOO EH DQDO\VHG WKH PHDVXUHPHQW
DFKLHYHG RQ D PRQLWRULQJ VWDWLRQ WKDW ZDV
PDWHULDOL]HG LQ WKH \HDU  FRPSRVHG RI D
WUDQVYHUVDO DOLJQPHQW ZLWK WZR VWDEOH HQGV
LQYROYLQJ  EHQFKPDUNV DORQJ D GLVWDQFH RI
P
7KH REVHUYDWLRQV RQ WKLV PRQLWRULQJ VWDWLRQ
ZHUH PDGH ELDQQXDOO\ XQWLO  7KLV VWDWLRQ KDG
WKH UROH RI REVHUYLQJ WKH JURXQG VXEVLGHQFH DQG
GLVSODFHPHQWVFDXVHGE\WKHXQGHUJURXQGPLQLQJRI
FRDOVHDPQREORFN,,,PLQHGLQKRUL]RQWDOVOLFHV








DQG URRI FRQWURO E\ URFNV FDYLQJ ,Q WKLV EORFN WKH
FRDO VHDP QR KDV WKH WKLFNQHVV UDQJLQJ EHWZHHQ
DQGPDQGWKHGLSRIDERXWR2UWHOHFDQ

$VLQWKHFDVHVSUHYLRXVSUHVHQWHGWKHVWDWLVWLFDO
DQDO\VLVOHGWRWKHSURILOHIXQFWLRQH[SOLFLWLQ
IXQFWLRQRIWKHWLPHZLWKWKHDLGRIWKHIROORZLQJ
UHJUHVVLRQFRHIILFLHQWV

D
D

    E  F  

 E  F   5 

7KH VXEVLGHQFH FXUYHV PHDVXUHG

DSSUR[LPDWHGDUHVKRZQLQ)LJXUH











6XEVLGHQFH: PP










0HDVXUHG
'LVWDQFH[ P

)LJXUH6XEVLGHQFHFXUYHVGHSHQGLQJRQWKHWLPH
LQWKHFDVHRIFRDOVHDPQREORFN,,,'kOMD0LQH

5HJUHVVLRQ

DQG

&

&21&/86,216

5()(5(1&(6

$W WKH VDPH WLPH ZLWK WKH UHFRQVLGHUDWLRQ RI WKH

PLQLQJ RI -LX 9DOOH\ KDUG FRDO GHSRVLW EHFDXVH RI
WKH FORVLQJ SURJUDPPH RI VHYHUDO PLQHV DQG WKH
EHJLQQLQJRIDQHZSDQHOVPLQLQJDQGWKHQHHGIRU
WKH UHYDORUL]DWLRQ RI WKH VXUIDFH ODQGV DQG WKH
DVVHVVPHQW RI WKH FRQVWUXFWLRQV LQWHJULW\ WKH
UHTXLUHPHQW RI DVVHVVPHQW RI WKH JURXQG VXUIDFH
VWDELOLW\ KDV DULVHQ LQ WKH PLQLQJ ILHOGV LQIOXHQFH
DUHDV
7KHUHIRUH DQ LPPHGLDWH DVVHVVPHQW RI WKH
PHDVXUHPHQWV SURYLGHG RYHU WLPH ZDV WULHG LQ WKH
GLIIHUHQW-LX9DOOH\PLQLQJILHOGVDQGWKHDQDO\VLVRI
WKLVGDWDEDVHVWRUHGE\WKH+DUG&RDO&RPSDQ\RI
3HWURDQL VRPH VLJQLILFDQW FDVH VWXGLHV DUH
SUHVHQWHGLQWKLVSDSHU
:H PHQWLRQ WKDW WKH GDWD DQDO\VLV ZDV GLIILFXOW
EHFDXVH WKH JURXQG VXUIDFH PRQLWRULQJ ZDV PDGH
IROORZLQJ WKH DOLJQPHQWV WKDW ZHUH QRW DOZD\V
UHOHYDQW IURP D VFLHQWLILF SRLQW RI YLHZ 2YHU WLPH
WKH SXUSRVH RI WKLV PRQLWRULQJ ZDV WR REVHUYH WKH
VWDELOLW\ RI FHUWDLQ URDGV ODQG DUHDV DQG RWKHU
WDUJHWVRILPPHGLDWHLQWHUHVW
%\ FRQVHTXHQFH D WLPH GHSHQGHQW SURILOH
IXQFWLRQ ZDV HODERUDWHG ZKLFK SUHGLFWV YHU\ ZHOO
WKH GHYHORSPHQW LQ WLPH RI WKH VXEVLGHQFH EDVLQV
SURGXFHGDVDQHIIHFWRIWKHXQGHUJURXQGPLQLQJRI
WKH WKLFN FRDO VHDPV RI WKH -LX 9DOOH\ FRDO EDVLQ
$OVRZLWKWKHHQFRXUDJLQJUHVXOWVZHWULHGWRDGDSW
DW WKH -LX 9DOOH\ FRQGLWLRQV WKH SURILOH IXQFWLRQ
PDGH E\ 3HQJ DQG &KHQ IRU WKH 1RUWKHUQ
$SSDODFKLDQ&RDOILHOG
$ORQJ ZLWK WKH SURILOH IXQFWLRQ PHWKRG LQ VRPH
FDVH VWXGLHV ZH FDOOHG XSRQ WKH QXPHULFDO
PRGHOOLQJZLWKWKHDLGRIWKH'SODLQVWUDLQDQG'
ILQLWH HOHPHQW PHWKRG 7KH FDOFXOXV ZDV PDGH LQ
HODVWLFLW\ DQG HODVWRSODVWLFLW\ ZLWK WKH PRGHOV ZLWK
PLQLQJ YRLGV DQG ZLWK FDYHG ]RQHV $IWHU WKH
VHQVLELOLW\ DQDO\VLV DQG WKH ILWWLQJ RI WKH PRGHOV
VLJQLILFDQW UHVXOWV ZHUH REWDLQHG IRU WKH JHRPLQLQJ
FRQGLWLRQVRIWKH-LX9DOOH\FRDOEDVLQ
7KH VXEVLGHQFH SKHQRPHQRQ DQDO\VLV E\ WKH
SURILOH IXQFWLRQV PHWKRGV E\ QXPHULFDO PRGHOOLQJ
DQG RWKHU UHVHDUFKHV WRROV ZLOO EH IXUWKHU
GHYHORSHGDWWKHHQWLUHFRDOEDVLQOHYHO7KHVHDUH
WKH SUHGLFWLRQ DQG FRQWURO PHWKRGV QHFHVVDU\ IRU
WKH QHZ SDQHOV PLQLQJ GHVLJQ DQG WKH PHDVXUHV
UHTXLUHGWRPLWLJDWHWKHGHJUDGDWLRQSKHQRPHQRQRI
WKH ODQGV VLWXDWHG XQGHU WKH LQIOXHQFH DUHDV RI WKH
XQGHUJURXQGPLQLQJILHOGV










$OPDQ%7KH0LQLQJRI5RPDQLDQ0LQHUDO

5HVRXUFHV 'HSRVLWV 7RP , LQ 5RPDQLDQ
7HFKQLFDO 3XEOLVKLQJ +RXVH %XFKDUHVW SS 

&RYDFL6W  8QGHUJURXQG 0LQLQJ 7RP , LQ
5RPDQLDQ 'LGDFWLFDO DQG 3HGDJRJLFDO
3XEOLVKLQJ+RXVH%XFKDUHVWS
+LUHDQ&  5RFNV 0HFKDQLFV LQ 5RPDQLDQ
'LGDFWLFDO DQG 3HGDJRJLFDO  3XEOLVKLQJ +RXVH
%XFKDUHVWS
2QFLRLX* 2QLFD,  *URXQG 'HIRUPDWLRQ LQ
WKH &DVH RI 8QGHUJURXQG 0LQLQJ RI 7KLFN DQG
'LS &RDO 6HDPV LQ -LX 9DOOH\ %DVLQ 5RPDQLD
3URFHHGLQJV RI WK ,QWHUQDWLRQDO &RQIHUHQFH RQ
*URXQG &RQWURO LQ 0LQLQJ  $XJXVW 
0RUJDQWRZQ:986$SS
2QLFD, D ,QWURGXFWLRQ LQ WKH 1XPHULFDO
0HWKRGV8VHGLQWKH0LQLQJ([FDYDWLRQV6WDELOLW\
$QDO\VLV LQ 5RPDQLDQ 8QLYHUVLWDV 3XEOLVKLQJ
+RXVH3HWURDQLS
2QLFD, E (QYLURQPHQWDO 0LQLQJ ,PSDFW LQ
5RPDQLDQ 8QLYHUVLWDV 3XEOLVKLQJ +RXVH
3HWURDQLSS
2QLFD, &R]PD( *ROGDQ7  /DQG
'HJUDGDWLRQ 8QGHU WKH 8QGHUJURXQG 0LQLQJ
,QIOXHQFH LQ 5RPDQLDQ $*,5 5HYXH \HDU ;,
QRSS
2QLFD, &R]PD(  6WUHVV DQG 6WUDLQ 6WDWH
'HYHORSHG$URXQGWKH/RQJZDOO)DFHVLQWKH-LX
9DOOH\ &RDO %DVLQ 3URFHHGLQJV RI WKH  :RUOG
0LQLQJ &RQJUHVV  ([SR 6HVVLRQ  &RDO
0LQLQJ  &KDQFHV DQG &KDOOHQJHV .UDNRZ
SS
2UWHOHFDQ0  7KH 6WXG\ RI *URXQG 6XUIDFH
'LVSODFHPHQW 8QGHU WKH 8QGHUJURXQG 0LQLQJ RI
-LX 9DOOH\ &RDO 'HSRVLWV  (DVWHUQ =RQH LQ
5RPDQLDQ 3K' 7KHVLV 8QLYHUVLW\ RI
3HWURDQLS
7RGRUHVFX$  5RFNV 3URSHUWLHV LQ
5RPDQLDQ 7HFKQLFDO 3XEOLVKLQJ +RXVH
%XFKDUHVWS
3HQJ66&RDO0LQH*URXQG&RQWURO-RKQ
:LOH\DQG6RQV1HZ<RUNSS
3HQJ 66 &KHQ':  $QDO\VLV RI 6XUIDFH
6XEVLGHQFH 3DUDPHWHUV 'XH WR 8QGHUJURXQG
/RQJZDOO 0LQLQJ LQ WKH 1RUWKHUQ $SSDODFKLDQ
&RDOILHOG 'HSDUWPHQW RI 0LQLQJ (QJLQHHULQJ
:HVW9LUJLQLD8QLYHUVLW\75S
3HWUHVFX, HW DO  7KH &RDO 'HSRVLWV
*HRORJ\ 7RP  LQ 5RPDQLDQ 7HFKQLFDO
3XEOLVKLQJ+RXVH%XFKDUHVWSS
  &(6$5/&3& &/(2'  5HIHUHQFH
0DQXDO9HUVLRQ