Professional Documents
Culture Documents
Em332 2
Em332 2
Em332 2
KEYWORDS:
Mine planning, mine scheduling, open pit design, and mixed integer
linear programming
INTRODUCTION
Chuquicamata Open Pit Mine in Chile Newmont Gold Corporations in Nevada, USA
• re-evaluated their cutoff grade strategy • implemented large scale Linear
and improved Net Present Value (NPV) of Programming Model to schedule their
their ' operations by US$800M entire mine and mill production in the
Carlin District, resulting in significant
process costs savings
INTRODUCTION
BLOCK MODEL
QUESTIONS ANSWER
1) Whether a given block in the model should be
Defined annual progression of the pit surface and
mined or not?
the yearly cash flows that will be coming from the
2) If it is to be mined when it should be mined?
mining operations during the life of mine.
3) Once it is mined then how it should be
processed?
INTRODUCTION
NOTE:
1) What is decided today has long-term implications as to what can be done in the
future.
2) Decisions link together in defining the overall economics of the a given project.
3) Objective of the planning process for an open pit mine is usually to find optimum
annual schedules that will give the highest Net Present Value (NPV) while meeting
various production, blending, sequencing and pit slope constraints.
INTRODUCTION
The establishment of pit limits involves the development and superposition of a geometric
surface called a pit onto the mineral inventory.
The mineable material becomes that lying within the pit boundaries.
ULTIMATE PIT LIMIT
• The size and shape of the pit depends upon economic factors and design/production
constraints.
• With an increase in price the pit would expand in size assuming all other factors remained
constant. The inverse is obviously also true.
• The pit existing at the end of mining is called the 'final' or the 'ultimate' pit.
• In between the birth and the death of an open-pit mine, there are a series of 'intermediate'
pits.
ULTIMATE PIT LIMIT
Stripping Ratio:
The stripping ratio (SR) refers to the amount of
waste that must be removed for a given
quantity of ore in open pit mining.
• Instantaneous stripping ratio: The stripping ratio for a given push back
• Overall stripping ratio: The stripping ratio for the total amount of material
removed.
• Break-even stripping ratio: The instantaneous stripping ratio at the point where
the cost of stripping the waste exactly equals the value of the ore uncovered.
SAMPLE PROBLEM