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ThefollowingpaperwaspresentedinOctober2002attheSocietyforMining,Metallurgy,and Exploration(SME)MineralProcessing2002SymposiumandwaspublishedinVolume1ofthe MineralProcessingPlantDesign,PracticeandControlProceedings.(pages326345,published 2002).ItisreprintedwiththepermissionoftheauthorsandtheSMEPublicationsDept.,8307 ShafferParkway,Littleton,CO80127USA. http://www.smenet.

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ProcessOperatingCostswithApplicationsinMinePlanning andRiskAnalysis
ByDougHalbeandT.J.Smolik ABSTRACT Thispaperdiscussestechniquesforestimatingtreatmentplantoperatingcosts,including identificationofhighimpactcostareasandexpectedkeycostvariationsyearbyyear.Application ofthisinformationtocostdevelopmentinthemineblockmodelispresented,followedbya discussionoftheriskuncertaintyandcostimpactsensitivityinoperatingcostestimates.An exampleiscarriedfromtheinitialbasecostestimateandyearbyyearannualprocesscost variationsthroughtheuseofExcelspreadsheetsandMonteCarlosimulationwithCrystalBall. >Downloadthepaper >DownloadtheConferencePresentation(zipped)

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