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1) Consider a bench (bench height = 15 m) consisting of 3 different materials: high and medium
grade and waste. The waste, high grade and low grade ore cover areas of 1850 m , 420 m2 and
2
Waste = 2.75
High grade ore = 2.30
Low grade ore = 2.50
a) How many dry tonnes of each material should be mixed to create a 200 dry tonne-blend
(Blend X) containing of 20% Fe?
b) Determine the amount of Ni in the blend.
c) Determine the moisture of the blend.
d) Repeat questions a-c considering creating a 200 dry tonne-blend (Blend Y) containing 1% Ni.
e) Determine the revenue of blends X and Y considering the pricing scheme:
a. If Fe<18% and Ni>0.85%, price is $3.50/lb.
b. If Fe>18% and Ni>0.85%, price is $3.50/lb with penalty (deduction) of $0.10/lb
for every 0.05% excess Fe. Minimum price of $2.00/lb.
c. If Fe>18% and Ni<0.85%, price is $2.00/lb with bonus of $0.20 for every 0.05%Ni
in excess of 0.30%.