Publication number: ELQ-26477-1
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Monte-Carlo Simulation - Forecast - Key Performance Indicators - Gold Mining Industry
Monte-Carlo simulation to determine select KPI's for a Gold Mine.
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The objective of this business tool is to show the distribution (risk) of key variables in a Gold Mining project and associated operations. A Monte-Carlo simulation is conducted on 46 variables simultaneously. The simulation is executed and recorded for 100 iterations. Simulation results are used to create histograms and high-lo charts for several select key indicators.
Gold Mine Industry / Industry
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