Comparative Analysis Of Open Pit Mine Scheduling Techniques For Strategic Mine Planning Of The Tintaya Copper Mine In Peru

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 7
- File Size:
- 191 KB
- Publication Date:
- Jan 1, 2002
Abstract
The mine scheduling process defines a mining sequence across the life of the mine and stipulates the amount of ore, waste, and specific blocks to be mined each year so that the highest economic return can be obtained under a number of constraints. There are a number of mine scheduling software packages available. Each claims to be the best scheduler by maximizing Net Present Value (NPV) or by minimizing overall mining costs. These mine scheduling programs follow different procedures and scheduling philosophies based on either mathematical or heuristic principles. There was no study in which the mine production scheduling procedures applied by these packages were discussed and compared. This paper evaluates four open pit mine scheduling programs recently developed and compares them in order to determine if significant differences exist among them. The same input data, which consist of a 3-D block model, an economic set of parameters, and the initial surface topography for a operating copper mine in Southern Peru, was used to test each technique. The following programs were investigated with respect to their ability to optimize the NPV for the case study. 1) M821V1 Scheduler by Mintec; 2) NPV Scheduler by Earthworks; 3) Milawa Scheduler by Whittle Programming; and, 4) Fundamental Tree Scheduling Method (FTSM) developed at the Colorado School of Mines. The results from this case study demonstrate that the scheduling software packages, Mintec, Earthworks, and Whittle obtained similar NPV’s, while FTSM scheduler gave a six percent higher NPV than the other schedulers.
Citation
APA:
(2002) Comparative Analysis Of Open Pit Mine Scheduling Techniques For Strategic Mine Planning Of The Tintaya Copper Mine In PeruMLA: Comparative Analysis Of Open Pit Mine Scheduling Techniques For Strategic Mine Planning Of The Tintaya Copper Mine In Peru. Society for Mining, Metallurgy & Exploration, 2002.