An Introduction to Cut-off Grade Estimation examines one of the
most important calculations in the mining industry. Cut-off grades
are essential to determining the economic feasibility and mine life
of a project. Profitability and socioeconomic impact of mining
operations are influenced by the choice of cut-off grades. Cut-off
grades play a key role in estimating mineral reserves that can be
This new edition is easier to read and of greater practical
interest to practitioners. The relationship between optimization of
net present value, capacity constraints, and opportunity cost is
explained in greater detail. A new section discusses blending
strategies, which play a critical role in an increasing number of
Author Jean-Michel Rendu, an internationally recognized expert
in the management, estimation, and public reporting of mineral
resources, provides practical insights. As a manager in major
mining companies, a consultant, and an educator, Rendu has acquired
considerable experience in all aspects of mining engineering,
experience that was incorporated into this publication.
This is a must-read for mine managers, analysts, geologists,
mining engineers, and public policymakers who want to stay on the
leading edge of their profession.
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