MiningMath allows you to learn, practice, and demonstrate, by showing any scenario previously ran the concepts of Strategy Optimization using the full capabilities of using only Marvin Deposit. This version is freely available to mining professionals, researchers, and students who want to develop their abilities considering this standard block model.
Below are listed the default parameters for Marvin according to the adaptions made in our formatted model.
Block size = 27000 mΒ³
X = 30 m
Y= 30 m
Z = 30 m
AU - Selling Price = 12 $/g
AU - Selling Cost = 0.2 $/g
AU - Recovery = 0.60.
CU - Selling Price = 2000 $/ton
CU - Selling Cost = 720 $/ton
CU - Recovery = 0.88.
Processing Cost = 4.0 $/ton
Mining Cost = 0.9 $/ton
Discount Rate = 10% per year
Default Density = 2.75 t/m3
Default Slope Angle = 45 degrees
Process Function = BlockSize * Density * [GradeCU/100 * RecoveryCu * (SellingPriceCU β SellingCostCU) + GradeAU * RecoveryCu * (SellingPriceAU β SellingCostAU) - (ProcessingCost + MiningCost)]
Waste Function = BlockSize * Density * MiningCost
Below are listed the default parameters for the McLaughlin deposit according to the adoptions made in our formatted model.
Block size
X = 7.62 m (25 ft)
Y= 7.62 m (25 ft)
Z = 6.096 m (15 ft)
AU - Selling Price = 900 $/oz
AU - Recovery = 0.90.
Processing Cost = 19 $/ton.
Mining Cost = 1.32 $/ton.
Discount Rate = 15% per year.
Default Density = 3.0 t/m3
Default Slope Angle = 45 degrees
Process Function = BlockSize * Density * [GradeAU * RecoveryCu * (SellingPriceAU) - (ProcessingCost + MiningCost)]
Waste Function = BlockSize * Density * MiningCost