Net present value maximisation model for optimum cut-off grade policy of open pit mining operations

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Net present value maximisation model for optimum cut-off grade policy of open pit mining operations

The optimum cut-off grade policy maximizes the net present value (NPV) of an open pit mining operation subject to the mining, processing, and refining capacity constraints. The traditional approaches to cut-off grade determination ignore the escalation of the economic parameters such as metal price...

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Bibliographic Details
Main Authors:	Asad, M., Topal, Erkan
Format:	Journal Article
Published:	South African Institute of Mining and Metallurgy 2011
Online Access:	https://www.saimm.co.za/Journal/v111n11p741.pdf http://hdl.handle.net/20.500.11937/13927

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