Integrating Work Index into Mine Planning at Large Scale Mining Operations

- Organization:
- Canadian Institute of Mining, Metallurgy and Petroleum
- Pages:
- 20
- File Size:
- 1131 KB
- Publication Date:
- May 1, 2004
Abstract
Mine planning and mineral processing optimization are usually treated as two unconnected problems, especially at open pit and panel caving mines where the cut-off grade is practically the only variable optimized and analyzed for in the planning proposes. Using existing planning tool, the output is a reserve consumption strategy privileging higher grades. With the earlier consumption of the highest grades, every year produces revenues which are closer to the cost and potentially even below cost. However, there are other ore characteristics that can also affect the profitability of the operation. A new methodology has been developed, incorporating the grinding and flotation relationship into the mining economic models for the simultaneous analysis and optimization of the throughput-work index-recovery relationship through changes in the mining limits, sequence and redefinition of the reserve consumption strategy. A mine-site that implements this new planning strategy, can expect to increase the NPV from 5 to 15% depending on the actual operational settings. Two case studies have been developed, showing how the inclusion of the work index in the economic model changes the phase and mining sequence in an open pit mine and the caving sequence and the optimum column height in a panel caving mine.
Citation
APA:
(2004) Integrating Work Index into Mine Planning at Large Scale Mining OperationsMLA: Integrating Work Index into Mine Planning at Large Scale Mining Operations. Canadian Institute of Mining, Metallurgy and Petroleum, 2004.