Optimization model of surface mine production rate

Changsheng, J. ; Youdi, Z.
Organization: Society for Mining, Metallurgy & Exploration
Pages: 3
Publication Date: Jan 1, 2000
Based on the criteria of maximum net present value per ton of reserves and on the optimum matching of some other essential parameters, a comprehensive optimization model of surface-mine production rate is developed using system- engineering approaches and using the theory of economy of scale. A mine is then selected to demonstrate the application of the model.
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