Optimisation with options

We provide a valuation framework for mining projects incorporating options to vary mining, processing and stockpiling rates, options to alter processing and stockpiling cutoff grades, options to expand mining and processing capacities and the option to abandon. Each of these real operating options i...

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Bibliographic Details
Main Authors: Elkington, T., Gould, John
Format: Journal Article
Published: Institute of Mining and Metallurgy 2011
Online Access:http://hdl.handle.net/20.500.11937/41024