Economic Settings: Options

An explanation of fields and properties

Economics Settings: Options

To access this dialog:

  • In the Economic Settings dialog, select the Options tab.

The Options tab of the Economic Settings dialog is used to set general options relating to the specification of an economic model.

Field Details:

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. MAO and MFO will not work with this option.

Product by ore type: the box is grayed out because the 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 Mode. 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.

 

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Related Topics

 

Economic Model
Importing Models

Processing Costs