Stochastic Final Pit Limits: An Efficient Frontier Analysis under Geological Uncertainty in the Open-Pit Mining Industry
In the context of planning the exploitation of an open-pit mine, the final pit limit problem consists of finding the volume to be extracted so that it maximizes the total profit of exploitation subject to overall slope angles to keep pit walls stable. To address this problem, the ore deposit is disc...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-12-01
|
Series: | Mathematics |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7390/10/1/100 |