Does the material being mined have enough value to be worth processing? Should it be processed immediately or stockpiled? And if multiple processes are available, like heap leaching and milling, which one should be used?
A cut-off grade can provide the answers. An Introduction to Cut-off Grade Estimation 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. Increased cut-off grades can reduce political risks by ensuring higher financial returns over a shorter period of time. Conversely, lower cut-off grades may increase project life with longer economic benefits to shareowners, employees, and local communities.
Cut-off grades also impact reported reserves, which are closely monitored by stock exchanges and regulatory agencies.
Author Dr. Jean-Michel Rendu, an internationally recognized expert in the management, estimation, audit, and public reporting of mineral resources, provides practical insights into this critical variable.
You'll learn about minimum cut-off grades, as well as those for deposits containing multiple valuable minerals. Dr. Rendu explains which costs should be included in cut-off grade calculations and considerations when planning open pit, underground, and block and panel caving operations. He shows how to optimize a copper mining project by changing grind size, and demonstrates the relationship between deposit modeling, ore control, and cut-off grades.
An Introduction to Cut-off Grade Estimation includes dozens of charts, graphs, and mathematical formulas to explain basic concepts in a simple, step-by-step fashion.
It is a "must read" for mine managers, analysts, geologists, mining engineers, and public policymakers who want to stay on the leading edge of their profession.