Economics Settings: Options
To access this screen:
-
Display the Economic Settings screen and select the Options tab.
Set general options relating to the specification of an economic model.
| Cost Model | The preferred option whereby the Economic Model Generator calculates revenues and costs, and classifies material as ore (raw material) or waste following the logic of maximizing the deposit’s economic value. |
| Profit Model | Any of the imported elements (products and attributes) can be used as block net value field. The ore-waste classification is based on value; the blocks with positive value are classified as ore and the remaining blocks are classified as waste. |
| Product by ore type | The box is inactive as products are always included in the economic model. |
| Attributes by ore type | Read-only and always enabled. If you imported elements other than products, they will be included in the economic model. This will not affect your ability to use the attributes in recovery and cost formulas. |
| Waste types | Read-only and always enabled. This allows you to maintain separate waste types for reporting and scheduling. |
| Volume |
Read-only and always enabled. You will see the volume reported alongside tonnage for each Rock type and Destination. Volume can also be used for defining scheduling targets. |
Related topics and activities
