MiningMath

MiningMath

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Reblocking

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Reblocking is a method used to decrease the number of blocks in a block model by combining some of the smaller blocks to create larger ones. By doing so, the overall size of the blocks is increased, resulting in a reduction of the total number of blocks in the model.

MiningMath is 100% based on 64-bit technology and it is capable of handling tens of millions of blocks without requiring reblocking. Hence, it works only with regularized block models, and it does not offer reblocking options. Nonetheless, some research works have employed MiningMath with reblocked models, showing that processing time may be reduced without significant loss of mining selectivity. 

Read more about this topic with the article ‘Selective Reblocking of Block Models for Optimisations with MiningMath Software’, written by our expert partner Karol Bartsch, accessing it here

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CONTENTS

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NPV Upside Potential

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