Stripping Ratio
In surface mining, the amount of waste rock or overburden that must be removed to reach a unit of ore, such as 3 tons of waste for each ton of ore.
Detailed Definition
The stripping ratio is the amount of waste that has to be removed in a surface mine to reach a unit of ore. The U.S. Bureau of Mines' Dictionary of Mining, Mineral, and Related Terms (1968) defines it as "the unit amount of spoil or waste that must be removed to gain access to a similar unit amount of ore or mineral material."
How it works
The ratio is written as waste to ore. For example, a ratio of 3:1 means three tons of waste are moved for each ton of ore mined. Both numbers must be in the same unit.
As an open pit goes deeper, its walls have to be laid back at a stable slope, so each extra bench of ore needs more waste removed above it. The stripping ratio therefore tends to rise as a pit deepens.
Break-even stripping ratio
The break-even ratio is the highest stripping ratio at which ore can still be mined without loss. The 1968 dictionary describes the "economic stripping ratio" as a limiting ratio: a pit is profitable "only if the overall stripping ratio is less than" the limit. The SEC lists "break-even stripping ratio" with net smelter return and pay limit as terms used in a similar way to cut-off grade (17 CFR 229.1300).
What changes the ratio a mine can afford
- Grade: richer ore pays for more waste removal
- Metal price: a higher price raises the break-even ratio
- Mining cost: the cost of moving waste compared with the value recovered from ore
- Pit geometry: wall slopes and the shape of the ore body
Stripping ratio and land
Waste has to go somewhere. A large open pit moves much more waste than ore, and that waste needs dump space. On public land those dumps are part of the operation and must appear on the maps in a plan of operations with the other disposal areas (43 CFR 3809.401). Ground held for dumps and facilities is often covered by mill sites or by mining claims located around the deposit.
Why it matters in research
Stripping ratio is one reason land around a deposit matters as much as the deposit itself. When mining claims are reviewed for an open-pit project, the ground for pit expansion, waste dumps, and leach pads is part of the picture, and so are any conflicting mining claims or withdrawals on that ground.
Related Terms
Mining Claim
A parcel of federal land on which a claimant asserts the right to possess and develop a valuable mineral deposit under the Mining Law of 1872.
Ore
Rock or mineral material containing a metal or mineral in enough quantity and grade that it can be mined and processed at a profit.
Grade
The concentration of a metal or mineral in rock, such as ounces of gold per ton or percent copper, which together with tonnage decides whether a deposit can be mined at a profit.
Feasibility Study
In mining, a comprehensive technical and economic study of the selected development option for a mineral project, rigorous enough to support an investment decision or project financing.
Tailings
The finely ground material left over after the valuable metal or mineral has been extracted from ore, usually stored in an impoundment or pile.