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N. A. Matsko
N. A. Matsko
Institute of Integrated Development Problems of the RAS
Institute of Integrated Development Problems of the RAS

Articles

Geotechnical Engineering and Engineering Geology
  • Date submitted
    2021-02-24
  • Date accepted
    2021-10-18
  • Date published
    2021-10-29

A probabilistic approach to the dynamic cut-off grade assessment

Article preview

Cut-off grade is an important conditioning parameter that determines the quantity and quality of recoverable reserves and development efficiency. Today, Russian mining companies operate with certified quality requirements. By setting permanent quality requirements, the government seeks to prevent depletion of reserves, reduced production during periods of falling prices, and decreased budget revenues, expressing the interests of all members of society. But to what extent do the permanent quality requirements protect the interests of the state? The answer to this question is ambiguous and does not lie on the surface. The State Commission for Reserves and domestic researchers are working to find a rational solution to the problem of quality requirements. One solution is dynamic quality requirements. The effectiveness of their application has been proven for individual mining companies, but it is incorrect to transfer these conclusions to the entire mineral resource base of the country. This article presents a new approach to determining the dynamic cut-off grade, which varies depending on the price of minerals. The dynamic cut-off grade is proposed to be determined based on the indicators of constant requirements to the quality of exploration work, using the maximum allowable costs in the region. The approach allows to calculate the effect of the introduction of dynamic cut-off grade in the practice of subsurface use for the state (in the form of the amount of taxes received) and for subsoil users (in the form of the amount of income). For a group of gold-bearing deposits with open-pit mining method, it was established that the development of reserves using dynamic values of the cut-off grade in periods of price changes ensures compliance with the interests of the state and subsoil users.

How to cite: Bragin V.I., Kharitonova M.Y., Matsko N.A. A probabilistic approach to the dynamic cut-off grade assessment // Journal of Mining Institute. 2021. Vol. 251. p. 617-625. DOI: 10.31897/PMI.2021.5.1
On the formation of the State Geological Service of Russia
  • Date submitted
    2002-06-30
  • Date accepted
    2002-07-14
  • Date published
    2003-01-01

Assessment of the probability of involvement in the development of mineral reserves with different levels of availability

Article preview

An approach to assessing the availability of mineral resources and reserves is outlined. Examples of changes in the availability of reserves in the process of their exploration, preparation, development and processing are given. The influence of scientific and technological progress on the availability of deposits is shown. The dependences of the probabilities of involvement in the development of mineral reserves on the level of their availability are established.

How to cite: Trubetskoi K.N., Peshkov A.A., Matsko N.A. Assessment of the probability of involvement in the development of mineral reserves with different levels of availability // Journal of Mining Institute. 2003. Vol. 153. p. 268-273.