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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Technical University of Kosice
2015-07-01
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Series: | Acta Montanistica Slovaca |
Subjects: | |
Online Access: | http://actamont.tuke.sk/pdf/2015/n1/7krzanovic.pdf |