An integral connection exists among the mine production planning, the mined material destination, and the ultimate pit limit （UPL） in the mining engineering economy. This relation is reinforced by real information a...An integral connection exists among the mine production planning, the mined material destination, and the ultimate pit limit （UPL） in the mining engineering economy. This relation is reinforced by real information and the benefits it engenders in the mining economy. Hence, it is important to create optimizing algorithms to reduce the errors of economic calculations. In this work, a logical mathematical algorithm that considers the important designing parameters and the mining economy is proposed. This algorithm creates an optimizing repetitive process among different designing constituents and directs them into the maximum amount of the mine economical parameters. This process will produce the highest amount of ores and the highest degree of safety. The modeling produces a new relation between the concept of the cutoff grade, mine designing, and mine planning, and it provides the maximum benefit by calculating the destination of the ores. The proposed algorithm is evaluated in a real case study. The results show that the net present value of the mine production is increased by 3% compared to previous methods of production design and UPL.展开更多
文摘An integral connection exists among the mine production planning, the mined material destination, and the ultimate pit limit （UPL） in the mining engineering economy. This relation is reinforced by real information and the benefits it engenders in the mining economy. Hence, it is important to create optimizing algorithms to reduce the errors of economic calculations. In this work, a logical mathematical algorithm that considers the important designing parameters and the mining economy is proposed. This algorithm creates an optimizing repetitive process among different designing constituents and directs them into the maximum amount of the mine economical parameters. This process will produce the highest amount of ores and the highest degree of safety. The modeling produces a new relation between the concept of the cutoff grade, mine designing, and mine planning, and it provides the maximum benefit by calculating the destination of the ores. The proposed algorithm is evaluated in a real case study. The results show that the net present value of the mine production is increased by 3% compared to previous methods of production design and UPL.
