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oa Life of Mine Plan Preparation using Optimisation and Strategic Planning Methods of Micromine Beyond Optimiser
- Publisher: European Association of Geoscientists & Engineers
- Source: Conference Proceedings, 18th International Conference Monitoring of Geological Processes and Ecological Condition of the Environment, Apr 2025, Volume 2025, p.1 - 5
Abstract
Summary
Life of Mine planning is a critical process for mining company, that ensures the economic viability over the entire life of a mining project. With Life of Mine Plan, a company can predict potential operational and financial risks, providing the sustainable and profitable operation over the life of the mine period. Micromine Beyond Optimiser uses the Lehrch-Grossman algorithm to generate a Life of Mine Plan based on nested pit shells and pushbacks based on defined parameters and mining scenario.
Life of Mine Plan preparation is demonstrated on the example of open-pit mines, but the Micromine Beyond Optimiser has similar tools for underground mines.
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