Linkage Projects - Grant ID: LP0348798

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/LP0348798

Funding Status
Closed

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Funded Activity Summary

Development of a new stochastic short-term production scheduling optimisation approach for open pit metal mines. Stochastic short-term production scheduling (STPS) in open pit mines provides a new framework allowing production schedules to manage risk robustly despite uncertainties in geological and mining conditions. STPS depends on both mining (stockpiling process, multiple ore types and processors, waste production, equipment mobility, feasible sequencing) and geological (in-situ ore variability, geological uncertainty, simulated 'future' grade control data) factors. Formulations require development of innovative stochastic goal programming techniques and high-order spatial stochastic simulations. STPS has a major impact on multi-million dollar mining cash flows and affects environmental sustainability. This project represents a strategic priority for some of Australia's largest mining companies.

Funded Activity Details

Start Date: 16-06-2003

End Date: 31-12-2004

Funding Scheme: Linkage Projects

Funding Amount: $315,000.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Resources Engineering and Extractive Metallurgy | Mining Engineering

ANZSRC Socio-Economic Objective (SEO)

Other Keywords

Mining Engineering | Other Non-Metallic Minerals (Incl. Diamonds) | Precious (Noble) Metal Ores | Resources Engineering and Extractive Metallurgy

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