Cut-Off-Grade-Calculator/Formulas.txt

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# Description
The process began with utilizing average weighted grade data from a table to determine the recovery rate and processing costs. These values were then applied in the cut-off grade calculation: Cut-Off Grade = Processing Cost / ((Net Price) * Recovery). The average weighted grade and net price were sourced directly from the table. Finally, Python was employed to create graphs illustrating the cut-off grade, recovery rate, and processing cost trends.
Cut-Off Grade = Processing Cost / ((Net Price) * Recovery)
Recovery = Rmax * (1 e^(k*G))
Processing Cost = a + b*G
# Processing Cost Formulas
1. Fixed + Grade-Dependent Cost Model
processing cost = C0 + C1/G
2. Regression from Real Cost Data (Realist)
Linear: C = a + bG
Inverse or Logarithmic: C = a + b/G or C = a*log(G) + b
3. Tabulated Cost Based on Grade
Table equivalent for the given grade
# Recovery Formulas
1. Empirical Linear Model
recovery = a + b × grade
2. Exponential or Logistic Model (Realist)
recovery = Rmax x (1e^(k⋅G))
3. Stepwise or Tabulated Recovery
Table equivalent for the given grade