The GATE Grind

GATE 2022 MN – Question 18

Mineral Economics, Mine Planning, Systems Engineering · Mine Planning · 1 mark · Multiple choice

Identify the WRONG statement. Break-even stripping ratio:

  1. Takes into account the maximum pit slope that is safe.
  2. Helps determine overburden volume.
  3. Presents the maximum mine size that is economical.
  4. Takes into account mine life.

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Correct answer: (D) Takes into account mine life.

Explanation

The break-even ratio compares the incremental cost of stripping waste with the value available from the corresponding ore. Applied to the safe pit geometry, it helps locate an economic limit and associated overburden volume. The direct ratio is not a discounted mine-life calculation, so D is the intended wrong statement. Slope and mine-size implications arise when applying the ratio to geometry.

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