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Risk - Cost - Benefit (RCB) Decision Support Tool |
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Strategic Planning using Multi-Parametric Models |
Traditional open pit mine design and optimisation has been limited by the amount of detailed geotechnical and geometallurgical information available in the block model. Research is being undertaken to prove the value of the development of a multi-parametric models, which once incorporated into the mine planning model will considerably improve the accuracy of the mine plan. The product will be a mine planning model where each model cell has unique mining and processing costs as well as recovery. This model will then be used to undertake a new pit optimisation and schedule to provide more representative metal content, cost and cash flow information.
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