maximizing economic earnings is the most common goal in cut-off grade optimization of open-pit mining operations. when this is the case, the price of the product has a critical effect on optimum value of cut-off grade. this paper investigates the relationship between optimum cut-off grade and price to maximize total cash flow and net percent value (npv) of operation. in order to visualize this ...

Transportation costs are a significant part of capital and operating costs of large open pit mines. Cost efficiency and high reliability of in pit crushing and conveying systems compared to conventional truck-shovel system makes it more appealing to be utilized in modern mining activities. In this paper the suitable location of an in pit crusher is investigated as a single hub location problem....

The open pit design and scheduling problem is a large-scale optimization problem that has attracted considerable attention during the last 40 years The development of the "know-how" to improve economics of open pit mining projects through the use of mathematical optimization techniques goes back to early 1960's. Unfortunately, up until recently, many of these "optimizing algorithms" could not b...

This paper presents an approach towards computationally efficient discrete-event-simulation designed to take advantage of high-performance computing architecture. We demonstrate how computational efficiency combined with large capacity enables quantification and mapping stochastic system performance across a challenging multidimensional parameter space requiring several million individual DES i...

Truck-Shovel (TS) systems are the most common mining system currently used in large surface mines. They offer high productivity combined with flexibility to be rapidly relocated and adjust load/haul capacity capital expenditure according market conditions. As world moves decarbonise as part of transition net zero emission targets, it is relevant examine options for decarbonising haulage In-Pit ...

In an Open-Pit Production Scheduling (OPPS) problem, the goal is to determine the mining sequence of an orebody as a block model. In this article, linear programing formulation is used to aim this goal. OPPS problem is known as an NP-hard problem, so an exact mathematical model cannot be applied to solve in the real state. Genetic Algorithm (GA) is a well-known member of evolutionary algorithms...