Optimizing Medium - Term Operational Plans for a Group of Copper Mines

The Southern African Institute of Mining and Metallurgy
M. Splaine D. C. Atkinson W. Davidson
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The Southern African Institute of Mining and Metallurgy
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6
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580 KB
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Abstract

Since 1964, Nchanga Consolidated Copper Mines, Ltd., has been developing and using production scheduling methods for optimizing its metallurgical operations in the short term (up to one year). Medium-range metallurgical planning has been possible only by successive evaluations of a single-year LP. A modified version of Rosenbrock's direct search technique has now been developed to allow multi-year optimization of both mining and metallurgy for medium-range planning. The modifications to the search technique have produced a marked increase in computational efficiency for this heavily constrained problem in many variables and the system is a usable planning tool, given a reasonably powerful computer. The plans are 'optimum' in the sense that they yield the maximum present value of the operations. Each of the resulting five-yearly mine plans forms the basis for further detailed metallurgical evaluation by the established production scheduling system.
Citation

APA: M. Splaine D. C. Atkinson W. Davidson  Optimizing Medium - Term Operational Plans for a Group of Copper Mines

MLA: M. Splaine D. C. Atkinson W. Davidson Optimizing Medium - Term Operational Plans for a Group of Copper Mines. The Southern African Institute of Mining and Metallurgy,

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