Updated the formulas and readme text.
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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.
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Cut-Off Grade = Processing Cost / ((Net Price) * Recovery)
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Recovery = Rmax * (1 − e^(−k*G))
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Processing Cost = a + b*G
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# Author
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