Micromine Open Pit Optimization : A Practical Example

Learn how to run an open pit optimizer in Micromine and generate an Economic Ultimate Pit Shell

What you'll learn

Micromine Pit Optimization

Pit Optimization parameters

Analyze Pit shells in Micromine

Running an Optimizer

Requirements

Bacis knowledge of Mining engineering or Mining Geology

Description

Open pit optimization is a process that is used to determine the most efficient way to mine a deposit. The goal of optimization is to maximize the amount of ore that can be extracted from the deposit while minimizing the cost of mining. The process of optimization involves creating a mathematical model of the deposit and then using algorithms to find the best way to mine it.Some companies skip the optimization part and jump directly from block modeling to open-pit design, assuming that digitizing contours around the high grades will allow them to maximize the NPV. This course will teach you why that practice is wrong and what is the best way to get raw shells that you can use for a detailed design later. This course is designed for mining engineers , geologists, or geoscientists in general who wish to learn about how to optimize open-pit mines using Micromine, even though Micromine is used in this course but the same process can be applied with any Mining Package. By the end of this course students will be familiar with the open pit optimization process and to generate the ultimate pit shell and analyze multiple shells using Micromine's pit analyzer.

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Pit Optimization Process

Lecture 2 Reviewing the Block Model

Lecture 3 Open Pit Optimiser Model Options

Lecture 4 Open Pit optimiser Design Options

Lecture 5 Open Pit Optimizer Mine Outputs

Lecture 6 Processing Costs

Lecture 7 Selling Costs and Resulting shells

Section 3: Pit Shell Analysis

Lecture 8 Visual Pit Analysis

Lecture 9 Cashflow Analysis

Geologists,Mining engineers,Geoscientists