Study for pit optimization of Baganuur coal mine's southern section

Based on the current cost and pricing environment and Minex software model applied optimization, the Baganuur Southern pit limited by the 1200m RL level is economically viable. But this contour can not represent the final pit and we recognize it as an alternative until the domestic coal price is freed. We assume that the inputs of the pit optimization will be unstable in the near future and it needs .to renew the optimization by short time period to be aware of the certain risks. Our study on the Baganuur mine shows that the current state controlling price could result a reserve shortage if it stays further.