Risk Analysis and Uncertainty in Open Pit Mine Design

Organization: The Australasian Institute of Mining and Metallurgy
Pages: 6
Publication Date: Jan 1, 1994
This paper examines the concepts of risk analysis and uncertainty in open pit mine design. It describes the relationship between risk analysis and uncertainty, describes methods that can be used to quantify uncertainty, and suggests ways of reducing the geological and geotechnical uncertainties that are inherent in open pit mining.
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