Why is accurate ore reconciliation important in open-pit mining?

Accurate ore reconciliation is important in open-pit mining because it allows for the comparison of planned versus actual ore production, enabling the identification and quantification of any discrepancies between the resource model, mine plan, and processing plant performance, leading to improved mine planning, ore control, and financial forecasting. Ore reconciliation is the process of comparing the estimated ore grades and tonnages from the resource model with the actual ore grades and tonnages that are processed in the plant. This comparison helps to identify an....