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ABSTRACT
INTRODUCTION
The pit limit model is based on the block concept, and it is assumed that
a profit value can be assigned to each block representing the net worth of the
block if it were processed through the total mining system (mining, concen
trating, refining, etc.) by itself.
Minable units, such as blocks, provide an excellent means of describing
the flow of products in the almost continuous total mining system, and since
the block concept has become an almost universally accepted means for mine