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waste dumpsites. The ore is re ned at the mill, while the stockpiles store supplementary material for ensuring that the mill receives the correct mixing of ore grades to meet market demands. The longterm mine plan optimizes the timing of bench development, such that market demand is met and the value of the mine is maximized.
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• The scheduler can be set to target mining rates, truck hours, mill throughput, stripping ratios, mining grade etc. • The result is a long term mine schedule which is strategic with respect to NPV, practical with respect to mining shape and pit slope requirements and achievable with respect to the mining equipment fleet and the ore ...
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Plant and Equipment places more emphasis than GAAP on a "component" approach to depreciation, under which costs are allocated to "significant parts" of an asset and each part is separately depreciated. For example, large components of a mill that wear out at a separate rate from the mill as a whole would be separately depreciated.
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