Rapid optimisation in underground mining network design. This project represents a major advance in the problem of optimising the infrastructure of underground mines and providing powerful planning tools for management. The software tools we are developing will prove important to the mining industry because of their accuracy, flexibility and generality. Not only can they be used for benchmarking in the design of specific mines, but they also provide a reliable method for testing the cost-benefi ....Rapid optimisation in underground mining network design. This project represents a major advance in the problem of optimising the infrastructure of underground mines and providing powerful planning tools for management. The software tools we are developing will prove important to the mining industry because of their accuracy, flexibility and generality. Not only can they be used for benchmarking in the design of specific mines, but they also provide a reliable method for testing the cost-benefit of emerging technologies. This is an important project for ensuring that Australia's mining industry remains efficient and internationally competitive. Given our economic dependence on mineral resources, it will also benefit Australia as a whole.Read moreRead less
Maximisation of value in underground mine access design. This project represents a major advance in the problem of optimising the mine value associated with the access infrastructure of underground mines and providing powerful planning tools for management. The usefulness to the mining industry of the methods and algorithms the project is pioneering lies in their accuracy, flexibility and generality. Not only can they be used for benchmarking value in the design of specific mines, but they can ....Maximisation of value in underground mine access design. This project represents a major advance in the problem of optimising the mine value associated with the access infrastructure of underground mines and providing powerful planning tools for management. The usefulness to the mining industry of the methods and algorithms the project is pioneering lies in their accuracy, flexibility and generality. Not only can they be used for benchmarking value in the design of specific mines, but they can also determine the profitability or viability of mines under the use of new technologies. This is an important project for ensuring that Australia's mining industry remains efficient and internationally competitive. Given Australia’s economic dependence on mineral resources, it will also benefit the country as a whole.Read moreRead less
Decision tools for underground mine development. The aim of this project is to develop innovative new strategic tools to assist senior mine management in planning underground mine operations. It will be based on modelling underground mine layouts using the theory of abstract mathematical networks. For many years, there have been well-developed methods of modelling and optimising the operation of open-cut mines. The design of the infrastructure of underground mines has a similar potential for opt ....Decision tools for underground mine development. The aim of this project is to develop innovative new strategic tools to assist senior mine management in planning underground mine operations. It will be based on modelling underground mine layouts using the theory of abstract mathematical networks. For many years, there have been well-developed methods of modelling and optimising the operation of open-cut mines. The design of the infrastructure of underground mines has a similar potential for optimisation and strategic modelling. This design optimisation will lead to huge savings in the costs of underground mines. Similar methods will be used to plan drilling programs, which are major cost items.Read moreRead less
Using Mathematics to Maximize the Value of Open-Pit Mines. Mineral resources are one of Australia's greatest assets. Their effective management will bring substantial long-term benefits to the Australian economy. Planning the exploitation of a mineral resource is a highly complex task. Current methods are approximate, and do not fully consider two critical issues: (1) ore mined at different times must be blended to achieve saleable product and (2) resource markets may not evolve as predicted ....Using Mathematics to Maximize the Value of Open-Pit Mines. Mineral resources are one of Australia's greatest assets. Their effective management will bring substantial long-term benefits to the Australian economy. Planning the exploitation of a mineral resource is a highly complex task. Current methods are approximate, and do not fully consider two critical issues: (1) ore mined at different times must be blended to achieve saleable product and (2) resource markets may not evolve as predicted. In this project we shall develop creative mathematical solutions to maximise the expected net present value of mines with far greater accuracy, taking into account blending and the uncertain nature of future demand.Read moreRead less
A Mathematical Approach to Flexible Management of Open Pit Mines with Uncertain Geology and Unpredictable Demand. This project will create new mathematical algorithms to flexibly manage open pit mining projects. The development of strategic plans for mining operations is a highly complex task, based on incomplete geological information and uncertain future commodity demand. The smart mathematics we create will allow Australia to capitalise on upturns in international demand, while limiting unavo ....A Mathematical Approach to Flexible Management of Open Pit Mines with Uncertain Geology and Unpredictable Demand. This project will create new mathematical algorithms to flexibly manage open pit mining projects. The development of strategic plans for mining operations is a highly complex task, based on incomplete geological information and uncertain future commodity demand. The smart mathematics we create will allow Australia to capitalise on upturns in international demand, while limiting unavoidable negative outcomes, by flexibly adjusting the mining operation to prevailing geological and economic conditions. Australia's mineral exports are worth over $50b annually to the Australian economy. Our techniques will better manage Australia's mining projects and capture new, emerging markets, significantly impacting on Australia's balance of trade.Read moreRead less