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...

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Bibliographic Details
Main Authors: Enrique Jelvez, Nelson Morales, Julian M. Ortiz
Format: Article
Language:English
Published: MDPI AG 2021-12-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/10/1/100

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