Hamersley IronÆs Long Term Planning Technique

The Hamersley Iron ore resources are geologically complex with fluctuations in mineral chemistry. From this resource Hamersley Iron must produce consistently high quality direct shipping products and have the ability to evaluate the effects of changes in demand. In order to achieve these objectives an incremental long term planning technique has been developed. This method reduces the total geological resource statement into a simple, logical sequence of events. A logical sequence of mining increments is defined within individual areas based on a final pit and access system. Increment characteristics are derived manually and from a computer based orebody model. The end product of the technique, an optimum mining schedule, is readily developed from the incremental information. Among its many benefits, this simple technique rapidly provides management with information for policy formulation.