MINSIM, A Metal Mine Simulation Model, Stage 1 Report
Paper 1979 - 2
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MINSIM is being developed as a tool to assist the B.C. Ministry of Energy, Mines and Petroleum Resources in testing and evaluating the effects of various public policy measures and the influence of external factors on the financial health of the B.C. mining industry. It may also be used to aid in cost-benefit analysis of public expenditures in mining, commodity and market supply studies, and analysis of the B.C. mining investment climate.
The project is organized into four stages:
STAGE I - Documentation and analysis of existing techniques.
STAGE II - Selection of model input, output, and target variables, and development of key model equations.
STAGE III - Development of the simulation model and computer programming of the final model form.
STAGE IV - Testing and validation of the model, and operation in specific applications.
This paper summarizes the research completed in Stage I and develops guidelines for Stage II research.
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