Multiproduct mine output and the case of mining waste utilization
MetadataShow full item record
This article addresses the concepts of economies of scope and multiproduct production, subadditivity and transray convexity as it applies to the mining industry. The article goes on to expand these concepts to include the case of mining waste utilization. It discusses how the modification of mining wastes into a marketable product can develop a relationship across the cost functions of the modified mining waste and ore production and how this interrelationship affects the profit maximizing condition. It discusses four possible outcomes from mining waste modification and its development into marketable products on the profitability and production of ore by the firm. Finally, it discusses mining waste utilization effects on rehabilitation costs and the potential for a decrease in the adverse community effects due to mine closure.
Showing items related by title, author, creator and subject.
Zaman, Atiq (2015)Zero waste is a visionary concept for confronting waste problems in our society. The idea is being developed and implemented in various sectors including waste management and treatment, mining, manufacturing, and urban ...
Developing completion criteria for rehabilitation areas on arid and semi-arid mine sites in Western AustraliaBrearley, Darren (2003)Continued expansion of the gold and nickel mining industry in Western Australia during recent years has led to disturbance of larger areas and the generation of increasing volumes of waste rock. Mine operators are obligated ...
Kumar, U.; Knights, P.; Kuruppu, Mahinda (2011)This Chapter is about maintenance of mine infrastructure so that a mine can safely and economically operate at or above design capacity without unscheduled stoppages or disturbances. Mine infrastructure refers to major ...