Resource Model vs. Mined Production – Reconciliation Methods
Economic Definition of Ore
Cutoff Grade Definition – breakeven Cutoff Grade for simple and multiples process operations
Economic Block Model Generation form Resources Model
Definition of Ore Reserves – Strip Ratio Analysis and Cone Mining Model
Optimization of Pit Limits – Learchs and Grossman (LG) Algorithm
Mining Sequence – Definition of Nested Pits, Pushbacks and Phases
Breakeven Cutoff Grade Policy, Scheduling and Cash Flow Analysis
Optimizing Cutoff Grades by Lane’s Approach
Relationship between Opportunity Cost and Declining Cutoff Grades
Economic Cutoff Grades and Balancing Cutoff Grades
Determination of Cutoff Grades when mill is the bottleneck
Determination of Cutoff Grades when mine and mill capacities are limiting
Determination of Optimum Cutoff Grades under Mine, Mill and Refinery/Market capacity Constraints
Case Study 1 – Gold Mine Cutoff Grade Optimization
Case Study 2 – Copper Mine Cutoff Grade Optimization
Assumptions and shortcomings of Lane´s Cutoff Grade Optimization Method
Cutoff Grade Optimization for Multi Commodity Deposits; Cutoff Grade Optimization for multi-metallurgical process operations; cutoff grade optimization with blending constraints
Optimization of cutoff grades for multi mine, multi commodity and multi process operations
Optimization of mining and processing production capacities