MINING PLAN/SCHEME

Mining Plan/Scheme is a tentative document and actual data of overburden, top soil generation, Bulk density of rock mass, wastage stone, ground water etc. shall be available as and when the mining operation commences. It can be defined as optimizing the exploitation of mineral reserves for maximum added value aligned with the strategic goals and objectives of the business enterprise. The complex set of activities associated with this process aim to identify the best possible mine design and production scheduling, considering among others, capital investments, operational cost, revenue forecasting, and management of cash flows of a mining operation. It is critical component to the financial aspects of mining ventures.