Maximizing the net present value by applying an optimal cut-off grade for long-term planning of the copper open pits

Cut-off grade optimization is one of the basic steps in the open pit planning and design and it is aimed to achieve maximum net present value (NPV). The basic algorithm for the cut-off grade optimization is Lane`s algorithm, subsequently modified by different authors. Long-term planning of the surfa...

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Bibliographic Details
Main Authors: Daniel Kržanoviæ, Božo Kolonja, Dejan Stevanoviæ
Format: Article
Language:English
Published: Technical University of Kosice 2015-07-01
Series:Acta Montanistica Slovaca
Subjects:
Online Access:http://actamont.tuke.sk/pdf/2015/n1/7krzanovic.pdf