Abstract:Mineable reserve determination is one of the important parameters in economic profitability and the safety of underground mining production. The fluctuations in the metal prices will lead to a change in the cut-off grade, and as a result, the mine layout and mineable reserve will change. On the other hand, changing the underground mine layouts will also change the economic, social and environmental impacts (sustainable development parameters). Therefore, ignoring metal price uncertainty lead to a non-optimal d… Show more
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