A new generic open pit mine planning process with risk ... Springer
It is common in mining industry that the deposits contain multiple correlated attributes of interest. A typical example is iron ore mining, where up to six variables need to be considered in resource estimation and mine planning, namely iron (Fe), silica (SiO 2), alumina (Al 2 O 3), phosphor (P), loss on ignition (LOI) and Ochreous Goethite (GOL), and they are crosscorrelated.