Uncertainty and Risk Quantifying Optimistion for Open Pit Mine Design and Production Scheduling. Open pit mine design and production scheduling (OPDPS) deals with the management of cash flows in the order of hundreds of millions of dollars, and is a critical aspect of mining ventures. To enhance decision-making under conditions of uncertainty, this proposal aims to develop a new methodology for OPDPS based on mathematical and statistical techniques which model uncertainty in key parameters, geol ....Uncertainty and Risk Quantifying Optimistion for Open Pit Mine Design and Production Scheduling. Open pit mine design and production scheduling (OPDPS) deals with the management of cash flows in the order of hundreds of millions of dollars, and is a critical aspect of mining ventures. To enhance decision-making under conditions of uncertainty, this proposal aims to develop a new methodology for OPDPS based on mathematical and statistical techniques which model uncertainty in key parameters, geological, mining and market/cost and their effects on economic forecasts. The new formulation is founded on stochastic integer programming, and its integration with spatial stochastic simulations of geological attributes. Methods developed are computerised and tested in field studies.Read moreRead less
The study and development of a 3D real-time stockpile management system. By successfully completing this project, the efficiency of existing infrastructure investments in industries involved in bulk material handling (inclusive of minerals, grain, sugar and woodchips) will be largely improved. This will allow such industries to contain costs and thus increase international competitiveness. Efficiencies gains (in these industries) to date have been in recover and processing with little attention ....The study and development of a 3D real-time stockpile management system. By successfully completing this project, the efficiency of existing infrastructure investments in industries involved in bulk material handling (inclusive of minerals, grain, sugar and woodchips) will be largely improved. This will allow such industries to contain costs and thus increase international competitiveness. Efficiencies gains (in these industries) to date have been in recover and processing with little attention to stockyard and movement within the stockyards. The industries sectors in which will receive the greatest benefits are in rural and remote Australia. There is also the ability of the system to be exported to overseas clients, particularly in the mining sector.Read moreRead less