Open pit definition
Examples of Open pit in a sentence
Open pit mines, which consist of the Kubaka, Fort ▇▇▇▇ and ▇▇▇▇▇▇▇ ▇▇▇▇▇, are amortized on a unit of production method using proven and probable reserves only.
Assumptions with respect to mineralisation orientation and continuity within the MRE were drawn directly from: • Close spaced historical RC and DD drilling stored in Excel spreadsheets • Historical Open pit and underground mining Criteria JORC Code explanation Commentary • Historical interpretations by multiple companies and individuals • The effect, if any, of alternative interpretations on Mineral Resource estimation.
Open pit samples are collected from blasthole cuttings at approximately 10 meter intervals.
Activity Open Pit Cost (US$) Vertical Pit Cost (US$) Open pit phase 15,856,250 1,348,000 Vertical pit phase - 14,430,591 15,856,250 15,778,591 Waste development - 2,114,000 Total 15,856,250 17,892,591 Figure 15 Comparison of the open pit and vertical pit scenarios.
Open pit mining at the Pamour mine began in 1976 and continued until 1999.