Pit Optimisation Flashcards

1
Q

pit optimisation

A

determine the optimum size and shape of an open pit

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2
Q

$ value of a block

A

revenue - cost

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3
Q

Rev

A

tonne * grade * price

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4
Q

cost

A

mining + processing + selling

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5
Q

Lerchs-Grossman method

A
  • determines which blocks have to be mined

- start at one point and move up, and diagonally

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