Updated the formulas and readme text.

This commit is contained in:
Batuhan Berk Başoğlu 2025-05-23 11:30:12 -04:00
parent b25718ae15
commit 459c7906aa
Signed by: batuhan-basoglu
SSH key fingerprint: SHA256:kEsnuHX+qbwhxSAXPUQ4ox535wFHu/hIRaa53FzxRpo
4 changed files with 31 additions and 12 deletions

View file

@ -2,6 +2,12 @@
This Python script is designed to calculate the cut-off grade for use in Mining Economics. It begins by calculating the recovery using a logistic model based on the weighted average grade. Next, it estimates the processing cost through a regression model derived from actual cost data. Using the calculated recovery, processing cost, and net price, the script determines the cut-off grade. Finally, all calculations are visualized through a graph for better interpretation.
Cut-Off Grade = Processing Cost / ((Net Price) * Recovery)
Recovery = Rmax * (1 e^(k*G))
Processing Cost = a + b*G
# Author