Optimum life of mine: declining production case |
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Authors: | John R Sturgul |
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Institution: | (1) School of Metallurgy and Mining Engineering, South Australian Institute of Technology, 5000 Adelaide, Australia |
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Abstract: | Conclusions By considering the mine to be depleted at a non-constant rate a considerable change in the mine life has been found. One can next consider a sensitivity analysis to determine which changes in which parameter are the more influential on the mine. Four computer programs were written in Fortran IV to use in this analysis and listings are available from the author. They are in interactive mode designed to be used for educational purposes. |
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Keywords: | Mine planning mine life mining economics mine production |
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