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What is Optimising Mining Operations for NPV about?

This document discusses optimizing mining operations to maximize net present value (NPV). It outlines the history of mining optimization software, from early tools that found maximum pit outlines to current tools that can optimize multiple aspects simultaneously, such as scheduling, cut-offs, stockpiling, throughput, and capital expenditures. An example mine is shown to increase NPV by 74% through this full optimization approach compared to a manual plan. However, the optimized plan includes counterintuitiv

Author

ali.siamaki

Language

EN