MODIFICATION OF ESTIMATED COSTS CHANGES FOR THE DEVELOPMENT OF AN OPEN PIT EMPLOYING EXCAVATOR AND TRUCK COMPLEXES AND CYCLIC-FLOW-LINE TECHNOLOGY

Abstract

The article is devoted to studying estimated costs
changes for an open pit development employing excavator and truck complexes (ETC) and cyclic-flowline technology (CFLT). In terms of economic and
mathematical models calculations of specific operating costs and capital outlays were performed as a
result of which tendencies of modification specific
costs changes are determined. The author supposes
that the obtained results and conclusions will help
to determine rational conditions of the cyclic-flowline technology complexes application in the future.