Asad, Mohammad Waqar Ali; Dimitrakopoulos, Roussos - In: Resources Policy 38 (2013) 4, pp. 591-597
Cutoff grade specifies the available supply of metallic ore from an open pit mine to the multiple processing streams of … an open pit mining complex. An optimal cutoff grade strategy maximizes the net present value (NPV) of an open pit mining … inherent uncertainty in the supply of ore, the majority of cutoff grade optimization models not only disregard this aspect and …