MiningMath

MiningMath

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Increasing the sustainable value and facilitating the decision-making process of mining projects since 2010

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Economic Values

Estimated reading: 1 minute 357 views

The economic value calculation is one of most important procedures of MiningMath. Any error on the formula could cause incompatible results and even increase the complexity and runtime based on wrong assumptions that could be done based on these values.

The main validations on this step could be done by evaluating the minimum and maximum values, as mentioned here, and the visual validation before running it, as explained in the last item of this page.

Figure 1: Main validations.
CONTENTS

Imperial System

For importing databases, MiningMath uses the metric system exclusively. In case ...

In-depth MiningMath

This tutorial provides a detailed guidance to the pages in the knowledge base fo...

Theory Validation

MiningMath’s results are only possible due to its proprietary Math Program...

Guaranteed Solutions

Multiple, complex constraints increase the likelihood of not finding or not exis...

MiningMath Uniqueness

MiningMath allows mining managers to improve their strategic analysis through ri...

Time Limit

It is possible to indicate a time limit in hours before running a scenario in th...

Must read articles

In order to take the maximum of MiningMath’s Optimization we recommend this fl...

Tutorials

Geometry

Theory

Workflow

Formatting the Block Model

The main focus here is on the requirements. Try to pay attention to the header...

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