Xanadu Mines has recently produced a mineral resource report on its majority-owned Kharmagtai Copper-Gold Project in Mongolia, highlighting another significant step forward at the project. The report was generated using Micromine 2018, the market leading 3D modelling and mine design solution.
The report was established by global mining consultant CSA Global and outlines resource estimate results of 1.936 million tonnes of copper and 4.311 million ounces of gold.
CSA and Xanadu utilised Micromine’s Pit Optimisation modelling functionality to show optimal pit shells and a pit optimisation base case, with ore mining and waste mining costs calculated at $2.49 a tonne.
The pit shell at Kharmagtai was used to code a block model so the mineral resources could be divided for open pit and underground mining methods.
You can read more about Xanadu’s Kharmagtai Copper-Gold Project here.
Micromine 2018 Pit Optimisation is used by mining companies to determine the most profitable open pit, given a mineral resource and a set of economic and metallurgical parameters. It is also used to analyse stockpiles and costs over time.
The Pit Optimisation module within Micromine is widely regarded as one of the most intuitive and easy to use optimisers available and can produce models up to four times faster than competing products.
The module is fully integrated with Micromine which means there is no need to manually import and export files to exchange data with other applications which saves time and effort for users. This keeps the job integrated into one application and eliminates the data exchange step needed with most competing optimisers.
Click here to find out more about Micromine 2018’s Pit Optimisation functionality.
