Beyond Open Pit Optimization Planning, Scheduling And Sensitivity Analysis

Traditionally, open pit optimization has been used to produce a single outline which can guide the pit design. This paper describes how a series of optimum nested pits are utilized to: a. produce different mining sequences and to help in mine planning and phase design; b. evaluate different metallurgical processes, production scenarios and equipment size; c. investigate the sensitivity of a project to prices, recoveries, production rates, costs, ultimate pit slopes etc.