Concepts for Calculating Recoverable Reserves for Selective Mining in Open Pit Gold Operations

The key concepts relating to the calculation of recoverable reserves for selective mining in open pit gold operations are discussed. While the general concepts are relevant to a wide range of gold ore bodies, their application is specific to particular ore bodies.The important factors contributing to the recoverable reserves aregeology, mining method, dilution, ore loss, sampling methods and theultimate bench height used in production.The implications of current methods of computing recoverable reservesare reviewed and some alternative approaches to recoverable reservecomputation based on production experience are presented.