Methodology for optimization of coefficient for ore recovery in sublevel caving mining method

Ore recovery and ore dilution have an important role for efficient operation of a mine. With each increase in percentage of ore dilution and reduced ore recovery there is negative impact on the economic value of the ore reserves. These parameters are mainly controlled with quality mining project and...

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Bibliographic Details
Main Authors: Stojance Mijalkovski, Zoran Despodov, Dejan Mirakovski, Vancho Adjiski, Nikolinka Doneva
Format: Article
Language:English
Published: Faculty of Mining and Geology, Belgrade 2017-01-01
Series:Podzemni Radovi
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Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0354-2904/2017/0354-29041730019S.pdf
Description
Summary:Ore recovery and ore dilution have an important role for efficient operation of a mine. With each increase in percentage of ore dilution and reduced ore recovery there is negative impact on the economic value of the ore reserves. These parameters are mainly controlled with quality mining project and in situ analysis. The primary goal of this science paper is to present the methodology for optimization of coefficient for ore recovery and ore dilution in sublevel caving mining method. The optimization will be carried out through economic parameters, ie by calculating the net present value (NPV).
ISSN:0354-2904