WhatsApp)
This article about how to calculate the cut off grade is a great resource for investors in individual mining stocks. However, when you are investing in mining stocks through a Stock Based mineral ETF I recommend you to read this article too.. For conducting a mining project's break-even analysis you first need to know about the operational expenses (OPEX).

Cut-off Grade Optimisation Gerald Whittle and Jeff Whittle - Feb 07. Intro Whilst processing all material above the marginal cut-off grade will maximise cash flow over the life of the operation, if the time value of money is taken into account then a different strategy is warranted. The following discussion seeks to explain the mechanisms that are

Dec 04, 2011· A mining valuation lesson on cut-off grade theory and practice. Applying the theory of cut-off grade to a gold mine to see how it affects mine life and more. A mining valuation lesson on cut-off grade theory and practice. Applying the theory of cut-off grade to a gold mine to see how it affects mine life and more

Table of ContentsTraditional Cutoff Grades in Open Pit MiningHeuristic Cutoff Grade Optimization TechniquesOptimizing The Cutoff Grades By Lane's ApproachAlgorithm for Determining Optimum Cutoff Grades Cutoff grade is defined as the grade that is normally used to discriminate between ore and waste within a given orebody. Although the definition of cutoff grade is very precise, the choice of ...

Iterations continue until the cutoff grade strategy and the resulting cash flows converge and stay constant. The iterative steps of optimization are calculation intensive and time consuming; thus we have developed a computer program called "CSM-optiNPV Cut-off" to handle them.

May 15, 2018· A cut-off grade is proposed, and then the parameters of the deposit are calculated, and tested against economic scenarios. If it fails the process is started again with a different cut-off grade. In some cases it may never work. In summary, cut-off grade is one of the most important, yet least understood variables for making an investment decision.

The cut-off grade for a mining operation is expected to vary over time in relation to changing technical and economic conditions. The development of cut-off grade models can be traced back to the ...

May 30, 2016· In this video, Anoush Ebrahimi, PhD, explains why understanding grade distribution is the key to successfully managing capital and operating costs for a mining project.

Dec 05, 2011· Mining Valuation Lesson: Cut-Off Grade Theory And Practice ... the grade that provides the US$46 is the cut-off grade. Let's once again .

Daniel Kržanović, Božo Kolonja and Dejan Stevanović: Maximizing the net present value by applying an optimal cut-off grade for long- term planning of the copper open pits 50 Fig. 1. Steps in planning per circular analysis [4]. When planning the mining of copper ore, the .

This means knowing the costs and practicalities of mining and processing for a particular product. A cut-off grade (COG) is an industry-accepted standard expression used to determine what part of a mineral deposit to include in a mineral resource estimate (MRE).

May 12, 2006· A cut off grade defines what you will mine for a profit. ... from as little as 1g/t up to around 34g/t. A more significant piece of information than average gold mining grade is cost per ounce, which is a combination of grade (grams/tonne) and operating costs (USD/tonne). ...

mine with an average grade of 6 g/t Au and a logrithmic variance of 1.2 are applied to the model to illustrate the benefits of representing cut-off grades in terms of present value curves for different segments of a mining operation. Keywords: cut-off grade, Net Present Value, grade-tonnage curve, balancing cut-off grade, mining, processing ...

The choice of the cutoff grade in mining influences the profitability and life of individual mines and thereby the quantity of a resource that is available to society. It is of such importance that it has been subject to regulation, most notably in South African gold mining.

Why the use of the break-even cut-off grade is flawed, and how it poses a fundamental problem for the mining industry Sometimes what we are taught is not right anymore (if it ever was) The lead author's father was taught at school that the 'nucleus of an atom was the smallest indivisible piece ...

Cut-Off grade is the minimum grade required in order for a mineral or metal to be economically mined (or processed). Material found to be above this grade is considered to be ore, while material below this grade is considered to be waste.. The cut-off grade can be determined through a variety of methods, each of varying complexity.

Mar 26, 2018· This is the fifth in a series of articles I've been writing on cut-off grade. Selection of an appropriate cut-off grade is the most important and fundamental driver of economic value for any ...

Feb 17, 2018· Understanding Cut-Off Grade 4 (Tonnage, Grade, and Costs) or "Why is my mine losing money?" Published on February 17, 2018 February 17, 2018 • 166 Likes • 14 Comments

Introduction to Cut-off Grade Estimation (2nd Edition) Details. This book examines one of the most important calculations in the mining industry. Cut-off grades are essential to determining the economic feasibility and mine life of a project. Profitability and socioeconomic impact of mining operations are influenced by the choice of cut-off grades.

Jul 13, 2016· Some reasonable cut-off grade needs to be applied to the mineral inventory prior to reporting them as mineral resources. A table or chart of sensitivity to cut-off grade may be supplied but zero or near-zero cut-off grades may not be reported in most cases. The methods of determining cut-off grade can vary, particularly for open pit deposits.

For conducting a mining project's break even analysis, you first need to know about the operational expenses (OPEX). When the OPEX is known, you can calculate the mineral's cut off grade, which is the break even grade, below which it is not economically viable to mine the ore. To find out how I come up with the cost price per tonne (OPEX ...

Look up cut off or cutoff in Wiktionary, the free dictionary. Cutoff or cut off or cut-off may refer to: Places. Cut Off, Louisiana, a town in the US; Cutoff, Georgia, an ... Cutoff grade, in mining, the level of mineral in an ore below which it is not economically feasible to mine it;

PDF | In the mining industry, cut-off grade is arguably the single most important policy and operating parameter. The cut-off grade value directly impacts the economics, configuration and life of ...

d is the discount rate, NPVi is the NPV of the future cash flows of the years (i) to the end mine life N, and the C is thetotal milling capacity in Year i. The cut-off grade gm (i) depends on the NPVi and NPVi cannot be determined until the optimum cut-off grades have been decided. The .
WhatsApp)